Fastener industry competition pattern and market size, development trend

There are many fastener manufacturers in China, but most enterprises are small in scale, showing a competitive pattern of "many but weak" and "small and scattered". The technical strength of many small enterprises is relatively weak, and the main production of low-end products leads to fierce competition in fastener products.

At present, China's fastener industry has initially formed the Yangtze River Delta, Pearl River Delta and Bohai Bay around the three major fastener industry clusters, and built Jiaxing, Ningbo, Wenzhou, Dongguan, Hebei Xingtai, Yongnian and other fastener industry bases. It can be seen that China's fastener market is mainly concentrated in the economically developed East and South China. The industrial cluster formed at present has the characteristics of regional concentration, industrial dominance, product correlation and professional matching, which can effectively reduce the supporting cost and logistics cost, and form the competitive advantage of the cluster.

China has been committed to promoting the development of advanced technology and production processes. Although there is a certain gap with the advanced level of foreign countries, after long-term development, China has gradually advanced to the fastener manufacturing power.

China has a good industrial foundation, production cost advantages and relatively high technical level, the state attaches great importance to promoting innovative development, and constantly break the technical barriers of developed countries. Although China's fastener industry has formed a certain competitive industrial system, there are still some problems.

First, the capacity for scientific and technological innovation is weak. The core technology of China's fastener industry is relatively weak, the original technology and patented products are few, the lack of systematic research and application of materials and processes, the research and development efficiency is low, and there is a certain gap between the products and the world's advanced level.

Second, the industrial structure is unreasonable. The lack of effective industry supervision and enterprise self-discipline in the industry, low price vicious competition of low-end basic parts products is serious, there are fewer internationally competitive enterprises and well-known brands, and high-end basic parts R & D and manufacturing capacity is seriously insufficient.

Third, technology and equipment lag behind. Fastener manufacturing enterprises in China lack of advanced technology and high-end equipment, insufficient accumulation of basic process data, unbalanced process control ability and process assurance ability, and more low-end equipment, which affects the improvement of product manufacturing level.

Fourth, it is difficult for new products to enter the market. The inspection and certification system is not complete, the new product lacks experimental verification and application performance, and the user's habitual thinking about the poor quality of new products increases the difficulty of new products entering the market. Most of China's production enterprises are small in scale, backward in production technology, poor equipment, and most of the products produced for export are low-intensity and low-grade products, and the industry has excess production capacity of low-level products, while the high-end products are in short supply.