Abstract
Chinese demand for industrial fasteners to rise 9.4% annually through 2010
Chinese demand for industrial fasteners is projected to see annual gains of
9.4 percent to ¥40.2 billion in 2010. The Chinese industrial fastener market
will outpace growth in most other parts of the world, driven by rapid growth
in manufacturing production, especially industrial machinery, motor vehicles,
and electrical and electronic products. In addition, industrial fastener
demand will also be driven by expansion and modernization of China' s
infrastructure and building construction activity.
Standard fasteners to remain the dominant type
Standard fasteners will continue to dominate the industrial fastener market
through 2010, benefitting from increases in manufacturing production and
construction activities. Nonthreaded sales will grow over ten percent annually
through 2010, stimulated by rapid growth in durable goods, as well as by
further technological innovations in nonthreaded fastener design. Externally
threaded fasteners will remain the largest category of standard fasteners
through 2010 as they are least likely to be replaced by joining methods like
adhesives and welding.
Study coverage
It presents historical demand data through 2005 plus forecasts to 2010 and
2015 by product and market. The study also considers market environment
factors, evaluates company market shares and profiles leading industry
competitors.
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