Fluctuating Raw Material Prices: Fluctuations in the prices of raw materials, such as steel and metal alloys, can impact the profitability of fastener manufacturers.
Global Economic Conditions: Economic downturns can reduce demand for industrial fasteners, particularly in sectors like construction and automotive.
Intense Competition: Intense competition from both domestic and intern... https://www.globaldata.com/store/report/industrial-fasteners-market-analysis/?utm_source=off-page&utm_medium=sbm&utm_campaign=off-sbm