Fastener market demand continues to increase, industrial clustering is one of the mainstream trends in its development

my country is the largest producer of fasteners in the world. In recent years, the output of domestic fasteners has shown a fluctuating growth trend. The report shows that the output of metal fasteners in my country will increase from 6.785 million tons in 2017 to 7.931 million tons in 2021, with a compound annual growth rate of 3.17%. Fasteners are closely related to the development of machinery, equipment, transportation, construction and other equipment industries. Benefiting from the intelligent upgrade of industrial manufacturing and the continuous emergence of emerging industries such as wind power, photovoltaics, and new energy, the domestic fastener market demand continues to increase. The size of the piece market is 145.87 billion yuan.

 

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The upstream of the fastener industry chain is steel, non-ferrous metals, composite materials and other raw material suppliers; the midstream is Jinyi Industry, Würth, Zhejiang Dongming, 7412 Factory, Jiyou Machinery, Standard Parts Factory and other fastener manufacturers; downstream For automotive, railway, machinery, electronic appliances, aerospace and other application fields. At this stage, my country has become the world’s largest consumer market for automobiles and home appliances. The huge application market demand downstream of the industrial chain is the main driving force for the continuous development of the fastener industry.

 

The continuous optimization of product structure is one of the mainstream trends in the future development of the fastener industry. At this stage, the continuous development of high-end equipment manufacturing industries such as aerospace, satellite navigation, and new energy vehicles drives the market demand for high-performance, high-strength, and high-value-added fasteners. Increasing. In the future, domestic fastener enterprises will continue to accumulate technology and update equipment, so as to continuously improve product quality, optimize product performance, and promote the domestic IT industry for precision screws, self-locking fasteners, titanium alloys, aluminum alloy fasteners, and automotive-specific The production of high-end fasteners such as fasteners continues to increase.

 

Industry analysts said that industrial clustering is another trend in the development of the domestic fastener industry in the future. After recent years of development, the domestic fastener industry has formed a number of industrial cluster areas. For example, in 2020, 116 companies are engaged in production and supporting Fastener enterprises served have been transferred from cities in the Greater Bay Area to Yangjiang Industrial Park in Guangdong, and the high-quality fastener industry cluster of over 10 billion yuan is accelerating its rise; in 2021, the Wenzhou Jingshang Intelligent Port Industrial Park will be built, positioned as a tight hub in southern Zhejiang and northern Fujian. Firmware Digital Industry Cluster Center. The cluster development of the fastener industry plays an important role in the optimal allocation of industrial chain resources, the optimization of product structure, and the improvement of production technology. In the future, the industry will develop rapidly under this trend.


Post time: Sep-16-2022