China's Fastener Industry

2026-02-04 14:23:53

Click:

Over the past decade (2016-2025), China's fastener industry has undergone a stru

Over the past decade (2016-2025), China's fastener industry has undergone a structural transformation from scale expansion to high-quality development. The market size has steadily grown from 142.756 billion yuan in 2019 to an estimated 167.519 billion yuan in 2025, with an average annual compound growth rate exceeding 5%. The core driving forces come from high-end manufacturing sectors such as new energy vehicles, wind power, and rail transit. The value of fasteners per new energy vehicle has increased by 40%, the global market share of embedded nuts for wind turbine blades has reached 70%, and although the localization rate of titanium alloy fasteners for aerospace is less than 30%, it is accelerating breakthroughs. Enterprises such as Qifeng Precision and Jinyi Industrial have entered the international supply chain through CRCC and AS9100C certifications. Export value continues to grow, reaching 9.564 billion US dollars in 2024 and 8.9 billion US dollars in the first three quarters of 2025, an increase of 7.7% year-on-year. The market structure has evolved from being dominated by Europe and the United States to diversifying towards 'the Belt and Road' countries (Vietnam, Russia, the Middle East, ASEAN), with cross-border e-commerce driving the procurement cycle to be shortened to within 15 days. The industry is accelerating its transformation towards intelligence and greenification. Industrial clusters such as Yongnian and Haiyan have completed the localization of upstream equipment such as cold heading machines, and nano-coating, intelligent tightening systems, and digital detection technology are widely applied. Environmental protection policies have forced the elimination of inefficient production capacity, driving the industry towards standardization and low-carbon upgrading.

Ask for quotation

  • First Name *

  • Last Name *

  • Email *

  • Phone

  • Message *

  • Send

  • Security Code
    Refresh the code
    Cancel
    Confirm

More News

‌Except where expressly stated, ShangHai CaiTe International Trade Co.,Ltd is not an official distributor for the brands mentioned on this websit.All other trademarks, registered trademarks, product names and company names or logos used in this website are the property of their respective owners. ru.chinaindustrialparts.com ar.chinaindustrialparts.com es.chinaindustrialparts.com fr.chinaindustrialparts.com id.chinaindustrialparts.com ms.chinaindustrialparts.com

Add WeChat friend to learn more about the product
Use Enterprise WeChat
"Scan" to join the group chat
Copy success!
Add WeChat friend to learn more about the product
I see.