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Analysis Of The Development Status And Prospects Of The Fastener Industry

Dec. 16, 2019 | 16:22:57
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Fasteners are a class of mechanical parts that are used for fastening connections and are widely used. Fasteners are widely used in industries including energy, electronics, electrical appliances, machinery, chemicals, metallurgy, molds, hydraulics, etc., in various machinery, equipment, vehicles, ships, railways, bridges, buildings, structures, tools, and instruments You can see all kinds of fasteners, such as Anti Theft Nuts, as the most widely used mechanical basic parts. It is characterized by a large variety of specifications, different performance and use, and the degree of standardization, serialization, and generalization is extremely high. Therefore, some people also refer to a class of fasteners that have national standards as standard fasteners, or simply as standard components.


Anti Theft Nuts


Anti Theft Nuts


According to the US market research company Grand View Research (GVR) industrial fastener market report, by 2020 the global industrial fastener market will reach 104 billion US dollars. World fastener demand is growing at an average of 4-5%.


The following Fastener Bolt Manufacturer will analyze the status of China's fastener industry:


The competition in the low-end and mid-end markets is fierce. Due to the long-term repeated low-level construction, China's fastener industry currently exhibits structural imbalances. The main manifestations are: in the low-end market, the general fastener market has saturated demand and excess production capacity. To form low-level repetitive construction and homogeneous vicious competition; in high-end markets, such as high-strength fastener markets for the automotive, aerospace and other industries, due to the weak R & D capabilities of most domestic enterprises and low levels of process equipment Only a very small number of domestic enterprises are engaged in this area of business, and therefore have to rely heavily on imports for a long time.


Development direction analysis:

1. New improvements in quality and brand building

To strengthen quality management, we must proactively implement the standard and improve the level of compliance. We must shift from the AQL quality standard to the PPM world level, strengthen production process control, 5S on-site management, online production inspection, and SPC quality monitoring to further improve the quality level.


2. New thinking on talent team building

It is necessary to recognize the importance of human resources from a strategic perspective, attach importance to the cultivation and development of talents, and create a group of first-class enterprise core teams with core competitiveness.


3. New heights in industrial agglomeration

The reform and adjustment need to change the concept of efficiency, attach importance to production efficiency, pay more attention to macro efficiency, and optimize the combination of industry resources. Do a good job in the construction of leading enterprises and increase the industrial concentration. It is necessary to use capital movements, adjustments, mergers and reorganizations to enlarge and strengthen the entire industry; expand foreign markets, take the initiative to take the road of international cooperation, and expand the development space of the entire industry; continue to strengthen the expansion of agglomeration areas and a number of specialized production bases to enhance the entire industry Industrial concentration.


4. Product structure adjustment should be improved

Relying on major projects such as automobiles, wind power, nuclear power, high-speed rail large aircraft, etc., it develops new products and develops supporting new equipment, new materials and new tooling. Product structure adjustment must be implemented, focusing on the development of aerospace, high-performance special-shaped fasteners for cars, automotive engine-specific fasteners, high-speed rail supporting fastener systems, wind power supporting high-strength bolts, Expansion Bolt and assemblies, stainless Fasteners, titanium aluminum alloy fasteners, carbon fiber fasteners, IT industry micro screws, self-locking, chemical coating and various surface treatment fasteners.


5. New breakthroughs in industry core technologies and processes

In addition to further consolidating and developing the five major national projects, increasing investment in science and technology, the last batch of new projects: high-performance, high-strength special materials; new materials for processing and heat treatment technology; intelligent multi-station cold forming equipment; heat treatment special equipment; online detection technology and equipment.