According to the development situation, the global Fasteners Suppliers has entered a period of micro-growth, and China is no exception. At present, the global demand for fasteners is mainly concentrated in the three major markets of North America, Western Europe and Asia. Its annual demand is more than 10 billion US dollars, which is also the main market for domestic fastener exports.
       After many years of maintaining a double-digit growth trend, the global fastener industry experienced negative growth last year. At the same time, due to the tightening of the traditional European and American markets, this downward trend shows no signs of ending.
       In order to maintain the continuous and stable development of the fastener industry, the domestic fastener industry has put forward a new idea of ​​"adjusting during development and improving during adjustment", adhering to market structure and product structure adjustment as the starting point, and promoting corporate restructuring and industry Agglomeration promotes the transformation of the economic growth pattern of the entire industry. After continuous efforts in the past, my country's fastener industry has maintained steady growth, the pace of industrial adjustment has accelerated, and there have been new breakthroughs in restructuring and industrial concentration.
       Although my country's fastener industry suffered a setback in 2012, the industry is expected to grow steadily in 2013. It is estimated that by 2013 fastener production and sales will reach approximately 7.3 million tons. With the growth of China-ASEAN Free Trade Area, more potential free trade areas may emerge, and the efforts of Chinese enterprises to go out, China's fastener export market is expected to be further diversified, especially in emerging markets and developing National expansion.
       Relevant experts pointed out that under the conditions of contemporary socialist market economy, fastener companies should pay attention to, rely on the state's support policies for the industry, and grasp the direction of the industry. . Fastener enterprises should learn to think and fully understand the industrial policy and guidance of the entire country, and seize the opportunity to carry out technological transformation.
       For domestic Stud Manufacturer, there is no lack of opportunities to get rid of development bottlenecks, but the ability to seize opportunities. The demand for fasteners in the market is developing in the direction of high precision. Domestic manufacturers must greatly improve product performance in order to better grasp the pulse of the market.