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The Development Df Fasteners In North China: The Market Forecast Of 2019-2024

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With the development of cities in North China, the quality requirements of fasteners tend to be high-end. The 2024 market demand was 15.988 billion yuan, and compared with 2018, the proportion of demand for high-end fasteners increased.

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Most fastener enterprises In North of China are faced with the dual challenges of supply-side structural reform and market demand because of low automation, backward technology and equipment, poor product quality, low quality and small scale. High-end fasteners are also an important part of the country’s strategic emerging industries. Strategic emerging industries need a lot of equipment and facilities to support, can not be separated from a variety of fasteners, as a strategic emerging industry energy-saving environmental protection technology equipment and products, network infrastructure and mobile communications equipment, advanced Medical Equipment for the bio-industry, high-end manufacturing of aerospace and space-based satellites, rail and transportation equipment, ocean engineering equipment, intelligent manufacturing equipment, new energy nuclear energy, Reactors, wind turbines, new Energy Vehicles, hybrid electric vehicles and pure electric vehicles need a lot of fasteners. The performance and quality of fasteners will directly affect the performance and quality of these products.

Fasteners are widely used and play an important role in all walks of life. The market demand of the industry is closely related to the macro-economic situation. In recent years, the overall economic growth of our country has slowed down, facing downward pressure, so the development of many industries has been affected to a certain extent. As an important basic component, fasteners are greatly affected by macro-economy. If the macroeconomic growth rate declines further, it will certainly hinder the further development of the fastener industry.


Post time: Aug-19-2022