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Market Size And Growth Forecast:The industrial fasteners market size has grown strongly in recent years. It will grow from $89.73 billion in 2023 to $95.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%.
The commonly used fasteners types include Hex bolts, Wood screws, Sheet metal screws, Machine screws, Socket screw, lag bolts, carriage bolts, nuts and washers.
