With the advancement of Industry 4.0, fastener manufacturing is transitioning toward intelligent and eco-friendly operations. For instance, the adoption of integrated cold-heading and thread-rolling machines reduces material transfer time between processes, while the use of biodegradable lubricants minimizes environmental pollution.
my country has become the world's largest fastener producer; the domestic market size grew from RMB 137.78 billion in 2019 to RMB 168.17 billion in 2024, reflecting continuous overall expansion.
Product Application Trends
From an industry-wide perspective, the three primary application sectors for fasteners are the automotive industry, maintenance and construction, and the electronics industry. Moving forward, the industry will leverage the advancement of major projects-such as those in automotive manufacturing, wind and nuclear power, high-speed rail, and aviation-to drive new product development, the adoption of new materials, and equipment upgrades. Future development priorities will include aerospace fasteners, high-performance shaped parts for passenger vehicles, specialized automotive engine fasteners, fastening systems for high-speed rail, high-strength bolts for wind turbines, titanium-aluminum alloy fasteners, carbon fiber fasteners, and micro-screws for the IT industry.
Green Production Trends
In recent years, the implementation of green manufacturing has become a key focus for the fastener industry. Enterprises are pursuing green upgrades and transformations by researching energy-saving, emission-reducing, and eco-friendly technologies; lowering energy consumption and pollution emissions; promoting a low-carbon economy across the sector; strengthening the treatment and comprehensive utilization of waste (wastewater, waste gas, and solid waste); vigorously advancing eco-friendly electroplating processes; and actively promoting the use of new materials such as non-quenched and tempered steels.