News
The recent market report released by UK Market and Business Development, MBD, predicts that through 2010 to 2015 the demand for industrial fasteners in UK will grow by 1-3% every year. The report also predicts that the total sales of industrial fasteners in UK in 2015 will reach £0.715 billion (£0.57 billion generated from the sales of threaded fasteners). Compared with the record in 2010, it’ll increase 10%. In 2015, the market demand for threaded fasteners will be still in the first place, about 80%. The demand for bolts will represent 50% of the total demand for threaded fasteners while the demand for nuts will drop to 25%. The sales of non threaded fasteners is expected to increase 12%.