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Prospect of the 2017 global fastener casting market demand

  In recent years, along with the market competition increasing, the fastening casting industry to maintain stable development, has been combined with the market and product structure adjustment, constantly in development, and enhance the development of benefit in the adjustment of the mode of economic growth, innovation, and achieved good results.
  At present, North America, Western Europe and Asia are the three major global markets fastening castings, the main market is China's fastener casting export, the annual demand was more than $10000000000. With the accelerated development of aviation transportation equipment, aerospace fastening castings will get better development based on 2007-2012 growth. Industrial fasteners casting OEM market growth will exceed MRO market, but the fastener in the MRO market will be based on 2007-2012 years to achieve growth, mainly due to the growth of fixed investment, and with the expansion of production, fastening casting applied to the equipment will increase.
  In addition, USA metal processing products will also rise, many industry "to" trend, is also one of the factors supporting castings demand growth. By 2017, standard fastening castings demand is expected to exceed the aerospace products demand. Among them, external thread fastener casting will be occupied the largest market share, and get the most rapid growth. In the period of transformation and upgrading, innovation is the key, especially the foundry industry, should be developed and master advanced core technology, to enhance the competitive advantage. In recent years, the enterprises to speed up the pace of technological innovation, the formation of a number of different characteristics of the enterprise, the special high strength fasteners casting heat treatment products accounted for 15%, accounted for 60%, other products accounted for 40%. With the continuous development of China's foundry industry, fastening the casting has become China's import and export of one of the larger products, which not only achieved with the international standards, also promoted the China fastening casting enterprises to the world, to enhance the international competitiveness of the fastening casting enterprise has an important influence.
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