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Haiyan Tianqi Fastener Co., Ltd.
  • Add:Jiaxing Haiyan China NO.1-3 Jincheng South road, Qinshan Industrial Zone of Haiyan, Jiaxing
  • Tel:+86-573-86408971
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Discussion on the development situation of domestic fastener market

2021-10-20
Fasteners, commonly known as screws and nuts, are basic mechanical parts and are known as the ‘industrial rice’. They can range from space shuttles, automobiles, and mechanical equipment to tables, chairs and benches. This industry is a labor-intensive, capital-intensive and high-tech strategic industry, and countries all over the world attach great importance to its development. After years of development, China has developed into the world's largest fastener producer. It is reported that there are currently nearly 10,000 fastener production and trading companies in China with more than 1 million employees, which contributes a lot to employment. Domestically produced carbon steel fasteners are mainly used in the automotive industry, electronic products, electronic equipment, mechanical equipment, construction and general industrial purposes. From the perspective of national production areas, the fastener industry in Wenzhou, Yongnian, and Haiyan has the largest scale and most distinctive development.
 
Jiangsu Fastener Industry
 
The fastener industry in Jiangsu started in the 1970s and has experienced nearly 30 years of development. There are more than 3,000 fasteners and upstream and downstream related companies in Jiangsu. A considerable number of companies still exist in the form of family workshops and mom-and-pop shops. There are also about 10,000 business households distributed throughout the country. In recent years, they have developed rapidly. Among them, there are more than 200 large-scale and high-end enterprises, with an annual output of more than 1 million tons and an annual output value of about 10 billion yuan, accounting for about It has a market share of 30% in the country.
 
Disadvantages: In recent years, land prices in Jiangsu have soared. For enterprises with high pollution and high energy consumption such as the fastener industry, the government's attention and support are relatively weak. Many fastener companies have been forced to relocate. The number of fastener companies in Jiangsu It is also relatively sharply reduced.
 
Advantages: Jiangsu's fastener industry started as an earlier one of the three major industrial bases. Years of accumulation, coupled with a series of difficulties encountered in recent years, have made Jiangsu fastener companies aware of the importance of brand and image. Since then, the external image of Jiangsu fastener enterprises has maintained a good situation.

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