Analysis of China's fastener industry under the general situation

Fasteners, known as the "rice of industry", are also the most basic and universal mechanical parts. They are not only the basic industry of China's equipment manufacturing industry, but also the important foundation of all fields of national economic construction. They play a decisive role in the new strategic emerging industries of the country, with broad market demand and good development prospects.

In the next few years, the global fastener market demand will rise by a large margin. Asia, North America and Europe can be said to be the markets with the largest demand for fasteners in the world. As a major fastener manufacturer, China also exports most fasteners to these three regions.

With the support of national policies and the improvement of the demand of downstream industries, the fastener market scale will continue to rise. In 2019, the overall market scale of China's fasteners was about 138 billion yuan. In the past three decades, with the rapid development of the metallurgical industry, machinery industry and electronic industry, it has driven the upgrading of global fastener products and the continuous progress of the fastener industry.

Analysis and forecast of China's fastener market size from 2013 to 2019

Fastener enterprises shall establish a quality management system in accordance with GB / T19001-2008 and pass the certification. The system shall meet the requirements of GB / T 90.3. Fasteners produced and supplied in batches by enterprises must conform to the current effective national standards, industrial standards, international standards, foreign advanced standards or enterprise standards that have passed the record.

The product quality shall be subject to the inspection report issued by the third-party fastener testing institution recognized by the China National Accreditation Service for conformity assessment and listed in the "industrial product quality control and technology evaluation laboratory" of the Ministry of industry and information technology, and the use report provided by more than three major customers within two years.

High end fasteners are mainly concentrated in high-end equipment fields such as aerospace, high-speed rail, wind power, nuclear power, automobiles and ships.

Since 2006, China has focused on the design and manufacturing of key components and general components required for the development of major equipment. Over the years, relevant national policies have also given significant support.

The 2019 central economic work conference took "striving to promote high-quality development" as one of the six key tasks, and specifically proposed manufacturing development measures such as increasing medium - and long-term financing for the manufacturing industry, promoting the optimization and upgrading of traditional manufacturing industry, and building a number of advanced manufacturing industry clusters with international competitiveness.

Compared with the advanced level of foreign countries, the technical level of China's fastener industry still lags far behind, mainly reflected in production equipment and raw materials. Most of China's fastener manufacturing enterprises are small in scale, backward in production technology, poor in equipment, slow in process innovation and poor in surface treatment, resulting in excess production capacity of low-level products in China's fastener industry, and the supply of fastener products exceeds the demand.

In addition, the variety, specification and quality of steel used for fasteners in China can not fully meet the requirements of the fastener industry, resulting in the transfer of processes that should be solved in the metallurgical industry to fastener enterprises. At present, only a few enterprises can solve this problem with their strong comprehensive strength.