Discussion on the Development Situation of Domestic Fastener Market
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Fasteners, commonly known as screws and nuts, are mechanical basic 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 belongs to the strategic industries of labor-intensive, capital intensive, and high-tech, and countries around the world attach great importance to its development. After years of development, China has become 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 one million employees, contributing significantly 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. 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 undergone nearly 30 years of development. There are more than 3000 fastener and related upstream and downstream enterprises in Jiangsu, and a considerable number of enterprises still exist in the form of family workshops and mom and pop shops. In addition, there are about 10000 operating households distributed throughout the country. In recent years, it has developed rapidly, with more than 200 large-scale and high-end enterprises, with an annual output of over 1 million tons and an annual output value of about 10 billion yuan, accounting for about 30% of the national market share.
Disadvantage: In recent years, land prices in Jiangsu have skyrocketed, and the government's attention and support for enterprises with high pollution and energy consumption, such as the fastener industry, have been relatively weak. Many fastener enterprises have been forced to relocate, and the number of fastener enterprises in Jiangsu has also sharply decreased.
Advantages: Jiangsu fastener industry started earlier among the three major industrial bases, with years of accumulation and a series of difficulties encountered in recent years. This has made Jiangsu fastener enterprises realize the importance of brand and image. In recent years, Jiangsu fastener enterprises have maintained a good external image.
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