Comprehensive foreign reports, the U.S. market research firm Grand View Research (hereinafter referred to as "GVR") the latest release of a report on the market of industrial fasteners show that by 2020 the global industrial fasteners market demand will reach $104 billion.
The report analyzes three types of fastener products - threaded fasteners, aerospace fasteners and other standard fasteners, and pointed out that, in view of the automotive industry to pull fastener demand, in the next 6 years, the global fastener market demand will appear to rise substantially.
At the same time, GVR pointed out that with the United States, Brazil, Russia, China, Poland and India and other countries economic growth and the development of industry, the national construction industry will continue to maintain growth, which will further drive the demand for fasteners. In addition, the growth of consumer markets, such as electronics, aerospace, machinery, maintenance (MRO), and motor vehicles, will also stimulate demand for fasteners.
It is worth mentioning that, the future development of fasteners will be able to create a new market path, and help improve the processing technology and mechanical performance.
GVR market analysis report also shows that in 2013, the market share of threaded fasteners accounted for the largest, accounting for more than 45% of the market share; and automotive OEM is the second largest application market, with a share of more than 20%. The next 5 years, will focus on upgrading the quality of standard fasteners, positive attention to national Belt and Road Initiative strategy needs the new attention of the international market, and actively develop new products and mould, improving production technology level, the global fastener users supply fastening reliable first-class products.
Environmental protection has always been of top priority. "Environmental pollution is the livelihood of the people, the pain of the people, to iron hand governance."." During the two sessions, the prime minister said, "we must strictly enforce the environmental law. We should pay heavy attention to the" stealing, discharging and stealing ", and we should pay a heavy price to those who condone it. In fact, since the implementation of the most stringent environmental protection law in the past, the output of steel enterprises in February was significantly higher than that in January. According to the survey of two months, the proportion of iron and steel enterprises, which is now affected by production, has increased to 32.8%, an increase of 12%, which shows that the impact of environmental protection on steel production has been deepened. In addition, under the environmental protection propaganda film "under the dome" hurricane's dissemination potency, the steel, the coal and so on the high energy consumption, the high pollution profession already became the focal point. It is said that a ton of steel will produce 1.53 kilograms of carbon dioxide and 1 kilograms of dust, so heavy polluting steel industry, under the environmental law and the iron fist governance double tube, it can be described as crisis ridden, and survival will be more difficult.
In summary, this year, infrastructure, real estate demand for steel compared to last year, may not be a breakthrough, while environmental management overweight will be bad steel city. Therefore, when the steel market in the "two sessions", the downturn in the market situation or difficult to change significantly, the decline is still the main tone.