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Global demand for metal fasteners is forecast to expand 3.9% p.a. between 2014 and 2018. Currently, steel and iron nuts account for 15.5% of the global demand while the remaining market share is divided between steel and iron nails, corrugated nails, tacks, staples and drawing pins (8.0%), steel and iron screws (7.4%), steel and iron washers (6.7%), steel and iron cotters and cotter-pins (2.6%), copper fasteners (2.3%), aluminium fasteners (2.0%), steel and iron rivets (1.7%) and other steel and iron fasteners (53.6%).

Bangladesh, China, Japan, Panama and the United States are considered the highest potential markets in the coming years. China, Germany, Japan, Mexico and the United States represent the largest metal fastener markets while the strongest annual growth is forecast to occur in Bangladesh (14.5%), Panama (13.0%), United States (10.4%), Ethiopia (10.0%) and Azerbaijan (9.6%).

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