An understanding of the global economic scenario is vital to make informed decisions regarding the fasteners market’s landscape. Emerging and developed economies might react to similar challenges in similar ways, but the implications and protective measures as well as their degree are different for different economies. In 2019, the global economic growth for 2020 was expected to be characterized by moderate recovery (1−3%) in the developed economies of Germany, the US, and the UK, average growth to outperformance (5−9%) in developing economies such as China and India, and contraction to flat growth in economies of Brazil, Russia, and the EU (1.20−1.50%). However, the spread of the coronavirus pandemic sent global economies into phases of lockdown, and almost all industries took a hit on their production, manufacturing, and operational capacities, even as essential services were carried out by skeleton staffing. As a result of COVID-19 and its impact on economies, the global economy is expected to contract by over 3% in 2020.

1 RESEARCH METHODOLOGY 

2 RESEARCH OBJECTIVES 

3 RESEARCH PROCESS

4 SCOPE & COVERAGE 

5 REPORT ASSUMPTIONS & CAVEATS 

6 MARKET AT A GLANCE 

7 INTRODUCTION 

8 MARKET OPPORTUNITIES & TRENDS 

9 MARKET GROWTH ENABLERS 

10 MARKET RESTRAINTS 

11 MARKET LANDSCAPE