Home > News > Industry News > The development trend of foreign fasteners
Browse Categories
Industry News
Company News
Certifications
Contact Us
Harbin Rainbow Technology Co., Ltd.Address:C2-02 Handi Building,Songbei Distr.,Harbin,ChinaPostal Code:150028Web site address:http://www.fastenerequip... Contact Now
News

Difference between hot dip zinc and hot dip galvanising

Hot-dip zincing and hot-dip galvanising are two different processes for corrosion protection of metals, with hot-dip zincing usually providing better ...

China factory price and Advanced Automatic Screw Maker Thread Rolling Machine

Product Descriptionview more >>Frequently bought togetherHigh Speed Thread Rolling Machine Factory Price Thread Roller Hot Sale Thread Machine$4,800.0...

hot forging furnace induction heating machine ipsen furnace mesh belt

Harbin Rainbow Technology Co.,Ltd is one of the biggest fastener equipment dealer and manufacturer in China. We have invested one Cold former factory(...

Max diameter one key molding nut drilling machine 2 spindle nut tapping machine

Nut tapping machine is a kind of mechanical processing equipment that processes internal threads, screws or teeth in the inner side of the holes of th...

What's self-tapping screw?

Self-tapping screws: similar to machine screws, but the threads on the screw for special self-tapping screws with threads. Used to fasten the connecti...

High speed installation cold forging machine bolts and nuts making machine for screw

International Fastener Exhibition in New Delhi, India

It is a professional fastener exhibition in Southeast Asia FASTNER FAIR INDIA is a professional fastener exhibition in Southeast Asia, and also mainta...

Analysis of the principle and function of spring washers

In all kinds of mechanical connections, the anti-loosening of bolts is a very important link, and there are many ways to prevent loosening of bolts in...

Hot popular Cold Forging machine bolt forming machine with inveter for good design

Harbin Rainbow Technology Co.,Ltd is one of the biggest fastener equipment dealer and manufacturer in China. We have invested one Cold former factory(...

RBF 64S cold heading machine Latest production bolt former machine for anchor

Harbin Rainbow Technology Co.,Ltd is one of the biggest fastener equipment dealer and manufacturer in China. We have invested one Cold former factory(...

Browse Categories

The development trend of foreign fasteners

Zoe 2024-07-08 14:01:10

The foreign fastener market has shown a continuous growth trend and is expected to continue to grow in the future

The development of the global fastener market is driven by several factors, including the increasing demand for fasteners in various sectors of the industrial economyAccording to the statistics of CICC, the global industrial fastener market size has grown from US$84.9 billion in 2016 to more than US$110 billion in 2022, with an average annual compound growth rate of about 5.43%. This growth trend is supported by the economic and industrial development of countries such as China, the United States, Russia, Brazil, Poland and India, as well as the growth of household appliances, automotive industry, aerospace manufacturing, construction industry, electronics industry, machinery and equipment manufacturing industry, and manufacturing aftermarketThe growth of these industries has stimulated the demand for high-quality fasteners

Countries such as the United States, Germany, the United Kingdom, France, Japan and Italy are not only importers of fasteners, but also exporters of high-quality fastener productsThese countries have certain advantages in fastener production technology, especially in the United States and Japan and other manufacturing developed countries, their fastener production started earlier, and the industry standards are perfectThe United States has a long history of imported fastener products, and Chinese mainland and Taiwan, China have been the largest suppliers of fasteners in the United States for many yearsIn addition, China's metal fastener exports to the United States accounted for 12.13% of China's total metal fastener exports that year, showing China's important position in the global fastener market

To sum up, the foreign fastener market will continue to maintain a growth trend, driven by the global economic and industrial development, especially in the production and export of high-quality fastener products, the United States, Germany, Japan and other countries will continue to play an important role