Fastener industry development status and analysis several continents in the world
In the next few years, China fastener demand will grow at a rate of about 12.5% a year. And the growth rate of 8.4% compared to other Asian countries, China in the world ranking list first.
Production and marketing of Africa and Asia
Introduces the production of fasteners in various countries and regions, is mentioned in several countries and regions have emerged phenomenon of production. The first area is Africa and the Middle East, to the annual output will reach $2004 and $2.675 billion, but demand is only $1.175 billion. The second area is the Asia and the asia-pacific region, by 2004 China's total output will reach $4 billion, $3.7 billion, while domestic demand but the demand in this area is only 4.8 billion dollars. Beyond to the production, only to widen the export market energetically.
Investment in the fastener industry worldwide in 1999 was $8.1 million, according to the development becomes closer to $10 million by 2004. And interesting is 1999-2004 will grow by 19% in the United States, Western Europe grew by 17%, 30% growth in the asia-pacific region, including Japan's growth of 14%. China has 52% growth in 1994-1999, and will continue to increase 42% by 2004, 33% growth in other Asian nations.
The greatest demand in the us and Europe
This year the global demand for fasteners, can be divided into three major markets around the world, the largest market is the north American market, to 2004, including the United States, Canada, Mexico, the total demand will reach $13.5 billion, in 2009 is expected to increase to $2009, accounting for 34.30% of the total global demand. The second market is Western Europe, increased from $2004 in 11.1 billion to $2009 in 14 billion, and eastern Europe will account for 31.70% of total global demand. Third largest market is the Asian countries, increased from $1999 in 9 billion to $13.5 billion, 2004 in 2009 to $2009, accounting for 28.4% of the global market. The three major markets accounted for 94.4% of total demand around the world.
Produce so many fasteners are used in what place? Automobile industry is one of the biggest users first, accounting for 23.2% of the fastener sales; The second is the maintenance industry market and construction industry, added up to 20%; The third is the electronics industry accounted for 16.6%.
To expand capacity for cooperation
Fasteners in the world market is so big, is the famous representative fastener company mainly has the following several. The world called TEXTRON fasteners, one of the biggest group, headquartered in the United States, accounting for about 6% of the world's fasteners production, so the turnover is 2 billion dollars a year, continue to grow to $2.2 billion in 2001. TEXTRON group has been mergers and acquisitions around the world well-known fasteners company, besides itself capacity expansion, so their growth is to rely on cooperation, mergers and acquisitions to expand their territory in the whole world.
Is the second largest group of ITW company, mainly produces small screws, all kinds of small screw accounted for 5.4% of the world's production, for $1.7 billion. Whether TEXTRON or ITW, their companies and factories all over the world, more than in the United States, in Europe, Asia, Brazil, Central America, Australia has their production and distribution company.
Other more famous company and France GFI, 1.4% of the world market; Emhart of companies in the United States accounted for 1.4%; Fairchild companies accounted for 1.45% of the world market in the United States, is specializing in the production of aerospace fasteners, supply to Boeing and airbus aircraft manufacturing company. There are familiar, and SPS company superscript company cooperation, accounted for 1.4% of the world.
The world famous fastener manufacturers have some common features. Internationalization degree is quite high