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Over the years, China's bolts industry has experienced negative growth in 2012, down 1.5% year-on-year after continuous double-digit growth. This was mainly due to insufficient market demand, especially after bolts suffered international anti-dumping, and export sales declined. situation.
Advanced bolts are the basis of high-end machinery manufacturing, and their role can be described as four or two. On the surface, the bolt output value only accounts for a few percent of the machinery industry. In essence, it brings much higher added value to key components and equipment.
The market for bolts is fiercely competitive, moving towards brand management
In the past ten years, the speed of development of my country's bolts has attracted the attention of the world. While the developed countries are surprised, they have also discovered a new type of large market where multinational companies have entered.
When domestic bolt companies suddenly felt that it was so difficult to survive in the market, powerful competitors have blossomed everywhere.
In today's China bolt market, some small and medium-sized bolt companies manufacture a large number of common standard components, which did not really bring the core competitiveness of the company, but was subject to changes in raw materials, labor costs and other conditions. From 4.8 to 6.8 low-strength bolts, or 8.8 to 12.9 high-strength bolts, the current production technology level of bolts in my country will be basically close to the world's advanced level, mainly for ordinary standard parts and low- and medium-grade special and special-shaped bolts. Great and cheap.
Low-grade products flood the dominant market. A small part of high-grade, high-precision, and high-strength bolts still need to be imported. The difference between the unit price of products and the unit price of exports is about 6 times.
It can be seen that my country’s bolt industry is still a developing industry, big but not strong, fat but not strong. There is a big gap with the United States, Japan, South Korea, and Taiwan, and there is a lack of technical services to solve mechanical fastening. Plan to realize the digitalization of products, design, manufacturing and management, and the greening of products and manufacturing processes.
It is understood that the development of bolts in my country is under increasing pressure from resources and the environment. An important way to alleviate resource constraints is to develop green manufacturing.
The development of bolts will continue to be actively promoted in the direction of brand management for a period of time to promote the full range of bolt project development.
In terms of products, mid-to-high-end products will accelerate the localization of quality research and development. The whole process from design, manufacturing, packaging, transportation, use to disposal, must consider the least waste, the lowest emissions, and the highest resource utilization rate. And the environmental impact is minimal, so that corporate and social benefits can be coordinated and optimized.
In terms of circulation, explore various value-added service modes to bring value and benefits to customers. From providing a single set of bolts to providing mechanical fastening solutions, customized services, remote monitoring, etc., the proportion of services in the sales revenue of bolt manufacturing enterprises will gradually increase.
Corporate restructuring is a trend, strategic alliances seek development
The current low industrial concentration of my country's bolt enterprises seriously restricts the improvement of China's bolt competitiveness. The market opening over the years has not brought core technology.
my country lacks breakthroughs in the growth of core bolt technology. At the same time, the living space of low-end products has been squeezed smaller and smaller. Foreign-funded enterprises through localization also have considerable cost advantages. Coupled with the advantages of technological brands, they have begun to enter the market space of the original independent brands.
In view of the above situation, restructuring and strategic alliances between enterprises are a general trend. China's bolt industry must follow this trend and trend, strengthen strategic cooperation between enterprises, and improve the overall competitiveness of China's bolts.