The basic parts represented by fasteners are not only the basic industries of China's equipment manufacturing industry, but also an important foundation for all fields of national economic construction. During the “12th Five-Year Plan†period, the industry must rely on new advantages such as technological advancement, quality improvement, and product cost-effectiveness to achieve sustainable development while maintaining some cost advantages. It is expected that the total output of the industry will reach 7.5-8.0 million tons by the end of 2015. Under the overall situation of expanding exports, export products will assume a fluctuating growth trend. It is expected that the average annual export growth rate during the 12th Five-Year Plan period will be 8% to 10%. By 2015, the total export value of the whole industry will reach 30 billion Yuan.
The period of the Twelfth Five-Year Plan will be a period of strategic opportunities for China's fastener industry from big to strong. During this period, China will enter the latter stage of industrialization from the mid-industrialization period. Its notable features are: cost advantages will be gradually challenged, technological advantages have great potential, the marginal benefits of R&D and investment in science and technology will increase, and capital-intensive and technology-intensive industries will face rapid development. Development Opportunities. With the loss of cost advantages, technological advantages will replace cost advantages and take the lead.
The domestic market will continue to maintain a good momentum of growth in areas such as automobiles, agricultural machinery, high-speed railways, metallurgy, electric power, construction machinery, and infrastructure. This will bring about a broad market space for the growth of demand for fasteners.
1 The car is expected to reach the end of the "Twelfth Five-Year Plan", China's auto production and sales will both exceed 30 million. According to statistics, a light vehicle or passenger car fastener is about 500 specifications, 50kg, and 4,000 pieces; and a medium-sized or heavy truck commercial vehicle requires about 7500 pieces of fasteners and a mass of 90kg. If calculated by 70kg per vehicle, the annual demand for automotive fasteners is 2.1 million tons.
2 Wind power, domestic market demand for megawatt wind turbines is very urgent, the national plan to 2015 wind power installed capacity to reach 70 million KW, and maintain a new rate of not less than 14 million KW per year. The demand for high-strength fasteners for wind turbines is calculated at 400 kg per KW. Annually, more than 550,000 tons of high-strength fasteners are required for wind power.
3Nuclear power According to the national mid- and long-term plan, by 2020, China will start construction of more than 40 million nuclear power plants, and the total size of nuclear power will be equal to the current 20 Daya Bay nuclear power plants. More than 8.8 tons of high-strength nuclear power special fasteners, welding rivets products demand more than 100,000 tons.
4 Agricultural machinery, the total output value of a series of agricultural machinery products such as tractors, rice transplanters, and harvesters during the “Twelfth Five-Year Plan†period will reach 250 billion yuan. The annual demand for fasteners is expected to exceed 150,000 tons and the output value will be approximately 2 billion yuan.
5Construction machinery, during the "12th Five-Year Plan" period, the social machinery loader for construction machinery loaders, excavators, road rollers and other products will reach 6 million units, and the annual sales volume will be around 50,000 units. It is expected that the annual demand for high-strength fasteners will be 2~ 30,000 tons.
6 High-speed rail, the high-speed railway, passenger dedicated line and inter-city rail transit will increase rapidly during the “12th Five-Year Plan†period. It is estimated that the annual capital investment will be 300-400 billion yuan, and annual demand for high-speed rail fasteners will be nearly 1 million tons.
7 Power, maintenance and new construction of transmission towers at all levels, the demand for electrical fasteners will increase substantially, and the annual demand will be nearly 800,000 tons.
During the “Twelfth Five-Year Plan†period, China’s fastener industry faces historical development opportunities of adjustment and rejuvenation, and from big to strong, domestic and foreign market competition has intensified, and domestic deep-level contradictions will inevitably affect the progress of the industry, but promote industrial technological progress, The basic strength of innovation and development is irreversible, and the entire industry will achieve stable growth with an average annual growth rate of around 10% to 15% in the process of transformation and upgrading.
The period of the Twelfth Five-Year Plan will be a period of strategic opportunities for China's fastener industry from big to strong. During this period, China will enter the latter stage of industrialization from the mid-industrialization period. Its notable features are: cost advantages will be gradually challenged, technological advantages have great potential, the marginal benefits of R&D and investment in science and technology will increase, and capital-intensive and technology-intensive industries will face rapid development. Development Opportunities. With the loss of cost advantages, technological advantages will replace cost advantages and take the lead.
The domestic market will continue to maintain a good momentum of growth in areas such as automobiles, agricultural machinery, high-speed railways, metallurgy, electric power, construction machinery, and infrastructure. This will bring about a broad market space for the growth of demand for fasteners.
1 The car is expected to reach the end of the "Twelfth Five-Year Plan", China's auto production and sales will both exceed 30 million. According to statistics, a light vehicle or passenger car fastener is about 500 specifications, 50kg, and 4,000 pieces; and a medium-sized or heavy truck commercial vehicle requires about 7500 pieces of fasteners and a mass of 90kg. If calculated by 70kg per vehicle, the annual demand for automotive fasteners is 2.1 million tons.
2 Wind power, domestic market demand for megawatt wind turbines is very urgent, the national plan to 2015 wind power installed capacity to reach 70 million KW, and maintain a new rate of not less than 14 million KW per year. The demand for high-strength fasteners for wind turbines is calculated at 400 kg per KW. Annually, more than 550,000 tons of high-strength fasteners are required for wind power.
3Nuclear power According to the national mid- and long-term plan, by 2020, China will start construction of more than 40 million nuclear power plants, and the total size of nuclear power will be equal to the current 20 Daya Bay nuclear power plants. More than 8.8 tons of high-strength nuclear power special fasteners, welding rivets products demand more than 100,000 tons.
4 Agricultural machinery, the total output value of a series of agricultural machinery products such as tractors, rice transplanters, and harvesters during the “Twelfth Five-Year Plan†period will reach 250 billion yuan. The annual demand for fasteners is expected to exceed 150,000 tons and the output value will be approximately 2 billion yuan.
5Construction machinery, during the "12th Five-Year Plan" period, the social machinery loader for construction machinery loaders, excavators, road rollers and other products will reach 6 million units, and the annual sales volume will be around 50,000 units. It is expected that the annual demand for high-strength fasteners will be 2~ 30,000 tons.
6 High-speed rail, the high-speed railway, passenger dedicated line and inter-city rail transit will increase rapidly during the “12th Five-Year Plan†period. It is estimated that the annual capital investment will be 300-400 billion yuan, and annual demand for high-speed rail fasteners will be nearly 1 million tons.
7 Power, maintenance and new construction of transmission towers at all levels, the demand for electrical fasteners will increase substantially, and the annual demand will be nearly 800,000 tons.
During the “Twelfth Five-Year Plan†period, China’s fastener industry faces historical development opportunities of adjustment and rejuvenation, and from big to strong, domestic and foreign market competition has intensified, and domestic deep-level contradictions will inevitably affect the progress of the industry, but promote industrial technological progress, The basic strength of innovation and development is irreversible, and the entire industry will achieve stable growth with an average annual growth rate of around 10% to 15% in the process of transformation and upgrading.