By 2017, the demand for US industrial fasteners will grow at an annual rate of 4.3 percent and reach to $ 14.8 billion. Demand growth is mainly due to the rebound in the motor vehicle manufacturing market, accounting for about one quarter of all fastener demand. While fastener sales grew fastest in the construction market. After the falling of 2007 - 2012, the construction market - including residential and non - residential, will have a strong recovery. In the future, intense competition from adhesives, fixation and welding technologies will hinder the growth in demand for fasteners in multiple applications.
     In addition, fasteners are a mature product. Although the current high value-added technology to improve the product in many markets is very limited, but they certainly have its value.
     Finally, competition from foreign manufacturers.Such as moderate raw material costs and other factors, will inhibit the growth of prices, thus hindering the growth in sales of fasteners.
     Mainly because of highly used of standard fasteners in the OEMs and the construction marketthe,the demand for standard fasteners is expected to exceed the demand for aerospace products.The external thread standard fasteners will maintain the largest market share and get the fastest growth, with the exception of special purpose products.
     With the accelerated development of aviation equipment, aerospace fasteners will be developed on the basis of the growth in 2007 - 2012. Manufacturers who serve the market need to continually improve to meet the growing demand for composite materials which used by aircraft manufacturers. Complex designs generally require fewer fasteners, but create opportunities for a particular design, sales of high-value connected products used with composites.