Discussion on the Development Situation of Domestic Fastener Market


Release time:

2023-10-07

Fasteners, commonly known as screws and nuts, are fundamental mechanical components and are known as the 'rice of industry'. They can be found in everything from space shuttles, automobiles, and mechanical equipment to tables, chairs, and benches. This industry is a strategic industry that is labor-intensive, capital intensive, and high-tech, and countries around the world attach great importance to its development. After years of development, China has developed into the world's largest producer of fasteners. It is reported that there are currently nearly 10000 fastener production and trade enterprises in China, with over 1 million employees, which have a high contribution to employment. Carbon steel fasteners produced domestically are mainly used in the automotive industry, electronic products, electronic equipment, mechanical equipment, construction, and general industrial applications. In terms of production areas nationwide, the fastener industry in Wenzhou, Yongnian, and Haiyan has witnessed the largest scale and most distinct characteristics.

Discussion on the Development Situation of Domestic Fastener Market

Fasteners, commonly known as screws and nuts, are fundamental mechanical components and are known as the 'rice of industry'. They can be found in everything from space shuttles, automobiles, and mechanical equipment to tables, chairs, and benches. This industry is a strategic industry that is labor-intensive, capital intensive, and high-tech, and countries around the world attach great importance to its development. After years of development, China has developed into the world's largest producer of fasteners. It is reported that there are currently nearly 10000 fastener production and trade enterprises in China, with over 1 million employees, which have a high contribution to employment. Carbon steel fasteners produced domestically are mainly used in the automotive industry, electronic products, electronic equipment, mechanical equipment, construction, and general industrial applications. In terms of production areas nationwide, the fastener industry in Wenzhou, Yongnian, and Haiyan has witnessed the largest scale and most distinct characteristics.