The Growth Of China Nut Demand

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many Bolt Factory are unable to continue. Fastener companies have entered a bottleneck period of development and are facing new challenges.

The demand growth rate of China Nut is 5%-10%. The demand for fasteners in 2008 was 3.13 million tons, an increase of 9.5% year-on-year. Among them, the automobile industry was the largest user, followed by the maintenance industry market and the construction industry, and then the electronics industry. Recently, in order to stimulate domestic demand
    The growth rate of fastener demand in my country is 5%-10%. The demand for fasteners in 2008 was 3.13 million tons, an increase of 9.5% year-on-year. Among them, the automobile industry is the largest user, followed by the maintenance industry market and the construction industry, and then electronics industry. Recently, in order to stimulate domestic demand, the state has introduced many policies to support manufacturing. In the government's 4 trillion yuan investment plan, the focus is on railways, highways, airports, power grids, and affordable housing infrastructure. The most direct benefits are equipment. Manufacturing industry, which will greatly stimulate the demand for fasteners. In particular, the demand for high-strength fasteners of 1630mm size ≥ 10.9 level will increase sharply. In addition, the development of the aviation industry has also played a strong role in supporting the demand for fasteners. For example, Boeing plans to add 3,400 aircraft in the next 20 years. This data will bring new development and demand opportunities for the fastener industry.
In the face of the severe international situation, the state has adopted proactive fiscal measures to increase investment and stimulate domestic demand. The four trillion yuan investment will promote our social and economic development, especially the large investment in railways and infrastructure construction, which will bring steel, infrastructure, The development of machinery and other related industries compensated for the decline in export share. In the investment of four trillion yuan, fasteners will also occupy a certain market share. The fastener industry accelerates the integration, improves the comprehensive capabilities of the enterprise, and upgrades the grade of products. When driving domestic demand, it provides high-quality products to make up or recover some of the losses caused by the EU's anti-dumping.
The advantages of the fastener industry mall in terms of speed for the market and cost for capital have been weakened. In the past development process, it mainly has cost advantages but lacks core competitiveness advantages. It is a low-cost, low-tech extensional expansion model; Only the ability to create price differences, but lack the ability to create product differences. This situation determines the manufacturing attributes of the fastener industry, not the creative attributes. Large but not strong production methods lacking core competitiveness. Under the situation of increasingly fierce market competition and economic development and transformation, many Bolt Factory are unable to continue. Fastener companies have entered a bottleneck period of development and are facing new challenges.

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