Demand up for builders' hardware

Source: Construction Digital

Date :10/6/2008 6:36:26 AM

US demand for builders' hardware is expected to advance 1.9 percent per year to US$11 billion in 2012.

Gains will be driven by demand for locks and other safety devices, which are also forecast to account for the largest share of the US builders' hardware market.

Increases in house completions, spurred by an expected recovery by the US home construction industry, will promote demand for locks.

In the nonresidential market, demand for locks and related safety devices will be driven by a desire for improved security in such facilities as schools, hospitals and universities.

Furniture applications are projected to account for the largest share of the builders' hardware market in 2012.