There are three relatively large fasteners markets in the world, one in Asia, one in North America and one in Europe. The demand for high-strength fasteners in these markets can be said to be the largest in the world. Most of our fasteners are also supplied to these three large markets.
At present, high-strength fasteners can be said to be gradually showing a slow growth trend, this phenomenon is not only in China's fasteners, fasteners in the world are the same. In the past few years, the development of high-strength fasteners in China is quite rapid, but due to the impact of the economic crisis, as well as the contraction of the market and so on, the growth rate gradually appears a downward trend.
We can take these three fasteners markets as the main development target, and then continue to develop high-strength fasteners to the global diffusion, so that our high-strength fasteners gradually appear in all corners of the world. Only in this way, the development situation of high-strength fasteners can perform better, which also has something to do with Chinese fasteners. Great driving force.
In order to change the declining trend of high-strength fasteners, even to re-answer the rapid growth trend, the fastener industry in China needs to make timely adjustments. Only by constantly adjusting, can new ideas emerge, so that there will be reform and innovation, and then the whole fastener will have new blood. Another is to pay attention to the continuous improvement of market structure and product structure, and constantly respond to challenges with new fastener growth methods. China's high-strength fasteners will gradually rise and fall under our constant struggle, so that the whole industry shows a stable and rapid development.
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