Analysis of fastener industry chain part one

Analysis of Fastener industry chain part one

fasteners are a kind of mechanical parts that are used for fastening and connection and are widely used. They are characterized by a wide variety of specifications, different performance and uses, and a high degree of standardization, serialization and generalization. Such fasteners with national standards are called standard fasteners.

Fasteners are one of the largest categories of industrial standard parts in the market, mainly including Bolts, studs, Screws, Nuts, self-tapping screws, wood screws, retaining rings, washers, pins, rivets, assemblies and connecting pairs, welding nails and other 12 categories. They are widely used in industries, including energy sources, electronics, electrical appliances, machinery, chemical, metallurgy, mold, hydraulic and other industries. According to the "Research on the Development Trend and Future Investment Analysis Report of China's Fastener Industry (2022-2029)" released by the website of Guanyan Report, in order to promote the development of new industrialization and the adjustment and upgrading of industrial structure, the Ministry of Industry and Information Technology of the People's Republic of China, the National Development and Reform Commission and other departments have successively issued relevant policies for the fastener industry. China's fastener industry has maintained a good growth trend, and its market scale has expanded year by year, reaching 155.34 billion yuan by 2021, An increase of 6.0% over the previous year.