中国紧固件行业信息和展会指南 - 电子画册在线预览、各类电子画册在线制作-云展网平台

a plane for Indonesia. It was the first time a business delegation in Jinhua had travelled abroad in nearly three years,

according to an official from the Jinhua municipal commerce bureau.

On Dec. 6, Nantong city in east China’s Jiangsu Province organized a group of 105 people from 63 foreign trade companies

to attend the AFF in Japan. This was the largest group organized by the city for an overseas exhibition since the outbreak

of the COVID-19 epidemic.

Since November this year, the Nantong Bureau of Commerce has also arranged for enterprises to attend several other

international exhibitions, including one in Germany and one in Australia.

At the same time, southwest China’s Sichuan Province has provided charter flights for delegations of foreign trade

companies to visit France, Germany and Italy for trade events, according to the Sichuan Provincial Department of

Commerce.

Members of a business delegation from southwest China’s Sichuan Province, heading for Europe pose for a group photo

at an airport.

Sichuan Provincial Department of

Commerce has established a task

force to provide more efficient

services for enterprises, such as

reducing passport processing times

by half.

Sichuan rolled out 10 measures

supporting companies in expanding

their overseas markets in October

this year. Over 100 enterprises in

the province recently attended

international exhibitions and

secured orders worth over 1 billion

yuan ($143.8 million).

Sichuan Provincial Department

of Commerce plans to arrange

for companies to visit Thailand,

Vietnam and other Regional

Comprehensive Economic Partnership member states next year to further explore the Southeast Asian market.

In November this year, the Guangzhou Municipal Commerce Bureau in south China’s Guangdong Province sent over 100

representatives from about 40 foreign trade companies on chartered flights to exhibitions in the Southeast Asian region.

In the same month, a group of 43 representatives from 22 companies in Shenzhen city of Guangdong attended MEDICA,

the world’s largest trade fair for medical technology in Germany, on a chartered flight.

For delegations traveling overseas to secure orders, Shenzhen also provided subsidies for international charter flights,

according to a guideline issued by the Commerce Bureau of Shenzhen Municipality on Oct. 31.◆

Asian News

. 49 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Taiwan Fastener Export Breaks USD 6 Billion Mark in 2022

n 2022 Taiwan's fastener export result was the

third highest in history, with an annual export

volume of 1, 665 ,300 tons, down 0.7 percent YoY,

while the export value exceeded US$6 billion for

the first time, reaching US$6.355 billion, or nearly

NT$200 billion, a record high.

Taiwan Industrial Fasteners Institute (TIFI) Chairman

Tu-Chin Tsai said that the second half of 2022 was

affected by the negative global steel economy,

and although the number of orders received by

manufacturers was more or less affected, resulting

in a slightly lower export volume than the previous

year, the export volume exceeded the US$6 billion

mark for the first time, mainly because the fastener

industry gradually succeeded in transforming to the

development of higher-value-added products, such

as automotive screws, resulting in a higher average

unit price, and continued to work toward precision machining and smart manufacturing.

Recently, with the gradual improvement of the international steel economy, the market situation in Europe and the

United States has improved, and Tu-Chin Tsai believes that it will be favorable for manufacturers to receive orders. The

fastener industry is expected to recover in the second quarter of 2023, especially starting this May, export orders will

obviously improve, so the outlook for the fastener export market in 2023 is positive.

TIFI also pointed out that the average export price of Taiwan fasteners in November 2022 rose to US$3.98 per kilogram,

a record high for a single month in history, but slipped to US$3.94 per kilogram in December 2022, down 1 % from the

previous month, but up 4.78 % from the same period in 2021, the second highest for a single month inhistory. ◆

Taiwan CSC Announces Q1 2023 Price Adjustments

Taiwan's China Steel Corp. has recently announced its latest

steel product price adjustments for the first quarter of 2023.

The price of wire rod (including low carbon, medium-to-high carbon, cold

forged, and low alloy) that is most relevant to fastener manufacturers

will be reduced by NT$1 ,500 (about US$48.7) per metric ton.

However, the price of automotive material will be increased by NT$500

(about US$ 16.23) per metric ton. The average price adjustment for all

steel products will be -0.83%. ◆

Asian News

. 50 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Chun Yu Expects Mild Rebound in Q2 and Recovery in 2nd Half of 2023

Chun Yu said it is looking to end

inventory adjustment in Q1 2023. lts

corporate performance could stabilize in Q2

2023 and there could be a mild recovery.

There is a chance for Taiwanese fastener

market to recover in the second half of 2023.

According to Chun Yu's analysis, its output

in Taiwan peaked at 12,000 to 13,000 tons

while the normal threshold is about 9,000

tons. It reached 8,000 tons from the end of

Q3 to Q4 2022 and could return to 10,000

tons per month in 2023.

In terms of Mainland China, Chun Yu said the lockdown could soften in the future despite sporadic reoccurrence of

COVID, that it couldn't go worse. In good times, outbound delivery can reach 6,000 to 8,000 tons. Currently it is 4,000 to

5,000 tons and could return to 6,000 tons in 2023.

Chun Yu has high hopes for Indonesia because the country is breaking records in GDP with a robust local demand.

Indonesia is a material producing country and is less subject to inflation. Currently Chun Yu sells 2,000-2,500 tons of

products per monththere.

Chun Yu holds positive outlook toward European market. Chun Yu is actively expanding its market share in the U.S. with

steady increases. ◆

Japanese Nitto Seiko Rolls Out Uni-axis Auto Screw Fastening Device

apanese Nitto Seiko rolls out Uni-axis auto screw

fastening device.

\"FM514VZ\" and \"FM514CZ\" Uni-axis Auto Screw

Fastening Device can be mounted on small vertical

multi-joint robots. It weighs lighter and reduces

carbon emission by 23%. The user can change

fastening thrust and set fastening torque and speed.

The vacuum suction type FM514VZ model is suited for

tight and deep places; the chuck-claw type FM514CZ

model is suited for fastening flat surfaces. Screws are

fed one by one from the feeder to the fastening unit

through air pressure for automatic screw fastening

tailored to each product.◆

Asian News

. 51 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

SYNEGIC (Japan) Launches TriLead Crack-free Woodworking

The patent-pending TriLead screw, with a special bit

shape newly developed by SYNEGIC, can cut wood and

discharge wood chips to perfectly drill into MDF or particle

boards without cracking the wood or creating burrs during

the drilling process. There is no need to drill holes in the

wood before use.

TriLead screw adopts chromate surface treatment, and

can be used with hexagonal bits, suitable for wood with

the thickness of 10-20mm, including shelves and other

household furniture.◆

Japanese Fukui Byora Invests JPY 7.5 Billion in EV-related Field

n August 2022, Fukui Byora established a logistics center in Shiga

Prefecture to provide just-in-time delivery to the Tokai and Kansai

regions.

The company will capture the demand for EV parts, which is expected

to expand significantly. The company will build a new plant located

in Katayamazu in summer 2023 as a production base for EVs and

high voltage battery parts. They will respond to new demand in the

automotive field by utilizing its specialty in cold forging technology.◆

Japanese Vessel Rolls Out 25.4mm Impact Wrench

The Japanese have to replace large vehicle wheels with

the ones for winter before the cold season arrives. The

wheel nuts in use for a long time would be rusty from snow

melting agent and hard to loosen up.

The huge demand for tire replacement in this period would

put a lot of loads on impact wrenches. Plus, there are

users that claimed impact wrenches are \"too heavy, timeconsuming due to low torque, easy to act up and costs

much for repair.\"

Asian News

. 52 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

(Japan) Tange Products Rolls out High Grip Insert Nut

Tange Products recently rolls out High Grip Insert

Nut. Insert nuts are used to fasten screws and

bolts into resin products. The High Grip Insert Nut

by Tange Products increases the area of contact

with resin and therefore doesn't easily come off

from resin.

A major feature is that the company makes the

surface of High Grip Insert Nuts uneven only by

means of stamping, which makes it easier to massproduce High Grip Insert Nuts than machined insert

nuts.

The Nut has 200% to 300% more pull-out strength

and greatly improves rotational torque. lt is made of

cod-rolled steel plates and it is toxin-free, cheap and can be used in the automotive and electrical engineering industries.

Currently the company offers M4, M5 and M6 sizes and expects to sell 500 thousand pieces per month a year later. ◆

Therefore, Vessel has rolled out \"SP -390DX\" 25.4mm Impact Wrench.

The product's anvil length shrinks from 8 to 6 inches to reduce torque loss during fastening. The anvil is hollow by design

to reduce weight. The diameter of the air duct is increased, and the heat treatment to the air motor and rotor blade is

optimized to improve torque via smooth rotation.◆

Japanese KTC Develops Threaded Pipe Torque Wrench

General pipe wrenches rely on the operator to get a

feel for them. The aging of the operator could lead

to inconsistent quality or insufficient fastening. KTC (Kyoto

Tool Co.) worked with Osaka Gas Network and successfully

developed a torque wrench for threaded pipes which

\"clicks\" on completion of fastening to ensure consistent

operation.

Furthermore, the product is strong by design to hold

through heavy rain and other severe weather. ◆

Asian News

. 53 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

India's Export Tariffs Adjustment Could Impact China's Steel Products

Export in 2023

Due to the weak external demand and lowered

price advantage, the volume and price of

China's steel exports have gone downwards since

the second half of 2022; the rise in China's domestic

steel prices and the appreciation of RMB in

November 2022 continues to put pressure on steel

exports in the short term.

China lron and Steel Industry Association (CISA)

said that the Indian government passed a bill on

November 18, 2022 to abolish export tariffs on iron

ore and certain steel products, and accordingly,

Indian export resources will regain a share in the

international market.

Although the short-term impact is limited, there

could be a certain impact on China's steel exports

in 2023.◆

Sundram Fasteners Q2 Net Slips 7% to 111.75 cr. on Spike in Input Costs

Sundram Fasteners Ltd., (SFL)

standalone net profit for the

second quarter contracted by 7%

to 111.75 crore due to spike in raw

material costs.

Revenue from operations rose by

14.6% to 1,218 crore. Domestic sales

during the quarter were at 802 crore

against 663 crore and export sales was

378 crore (363 crore).

Total expenditure shot up from 903

crore to 1,076 crore, of which cost of

raw material accounted for 582 crore

(486 crore).

The Board declared an interim dividend of 3.57 per share and an additional special dividend of 2 per share to commemorate

the 60 th year of incorporation of SFL.

Further, the Board approved the scheme of amalgamation of Sunfast TVS Ltd., and TVS Engineering Ltd., with SFL and

their respective shareholders. The amalgamation will facilitate operational synergies, efficient allocation of capital and

provide a platform for integration of the defence and aerospace business of SFL, it said.◆

. 55 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Asian News

. 54 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

EU to Extend Carbon Tax to Fasteners in October 2023

After overnight negotiations,

EU countries and European

Parliament representatives reached

an agreement on December 13,

2022, to impose a tax on CO2

emissions from imported steel and

cement and other polluting goods,

extending the scope of application

from upstream products such as

steel, aluminum and cement to

downstream products such as

screws and bolts.

The new mechanism is scheduled to

be implemented on a trial basis from

October 1, 2023.

The agreement, called the Carbon

Border Adjustment Mechanism (CBAM), is a new creation of the European Union in light of the global trend of carbon

reduction, and was proposed by the Executive Committee in July 2021.

Since EU has set strict carbon reduction requirements for local industries with high carbon dioxide emissions, in order to

prevent enterprises from increasing costs due to carbon reduction and end up with uncompetitive prices against imported

products, CBAM was created, requiring purchase of carbon reduction certificates for foreign high carbon emission products

entering the EU market. ◆

Bossard Acquires PennEngineering's® Distribution Business in Canada

The Bossard Group is significantly expanding its market presence in Canada as a supplier of high-quality fastening

solutions. It acquires the Canadian distribution business from the American company PennEngineering® in Danboro,

Pennsylvania, USA, an innovative manufacturer of fastening solutions.

PENN Engineered Fasteners Corporation (PEF), based in Concord, Ontario, Canada, was founded in 1970 and acquired

by PennEngineering® in 2017. The company supplies industrial segments such as automotive, energy, agriculture, and

appliances with innovative fastening solutions, and generates annual sales of around USD 25 million with 30 employees.

Bossard and PennEngineering® maintain a successful, long-term collaboration which covers a total of 22 countries in North

America, Europe and Asia. Bossard, with its global focus on creating value for its customers through engineering services

and innovative logistic solutions, is convinced that it will be able to unlock additional growth in this strategic market located

in the industrial epicenter of Canada.

European News

. 55 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Bulten Closes Manufacturing Plant in the UK

n order to streamline the operation and improve profitability,

Bulten has decided to close its manufacturing plant in Pembroke,

UK. The closure means that 50 jobs are at risk of redundancy.

The closing-down process will begin with immediate effect, and the

plan is to complete the process during the second quarter of 2023.

Total restructuring costs amount to approximately SEK 11 million, of which SEK 9 million are reserved for the current year.

There will be additional investments totaling about SEK 12 million in connection with the closure. These primarily relate to

“With the acquisition of PEF we are in a great position to continue our profitable growth strategy in the context auf our

Strategy 200. Building on our previous investments in Canada, adding PEF’s capability, we will be able to expand our services

in this key market. We are excited to welcome PEF employees to the Bossard family and look forward to further developing

our business together in the Canadian market.” said David Jones, CEO America, Bossard.

Both parties have agreed not to disclose the purchase price.

Bossard Shanghai Obtained AS9120B Aerospace Certificate

Bossard Shanghai has acquired a certificate AS9 120B Aerospace Quality Management Systems in China, which indicates that

the company can offer aerospace clients certified fastener products and service.

\"I am very pleased that Bossard has obtained the

AS9120B certification, which fully proves that we

have the ability to provide fasteners that meet the

requirements of the aerospace industry. At the

same time, I am also looking forward to Bossard's

more than 190 years of experience in fastening

technology that brings innovative breakthroughs

in this field,\" said Simon Law, President of Bossard

China.

The safety and quality of fasteners are of

paramount importance to the aerospace industry.

Since entering the Chinese market in 1999, Bossard

has always maintained its focus on the aerospace

industry. \"With the AS9120B aerospace quality

management system certificate, we will support

China's aerospace industry by further expanding

our fastener products and services such as: locking

and anti-loosening fasteners, self-clinching

technology, riveting technology, self-tapping screws, fastener selection and testing services.◆

. 57 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

European News

. 56 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

relocation of equipment and production to Bulten’s other manufacturing plants, along with a few new recruitments.

“It is unfortunately difficult to achieve profitability with the mix of products made in Pembroke, and also volumes are

relatively low. By moving the parts of production that have long-term potential to our other plants, we can achieve better

efficiency and thereby higher profitability. This is in line with our strategy, which includes better utilization of our production

network,” says Anders Nyström, President and CEO of Bulten Group.

The operation in Pembroke became part of Bulten Group in 2020 with the acquisition of PSM International. Fifty people are

currently employed at the plant, manufacturing and purchasing fasteners for different industrial segments. Bulten’s other

operations in the UK will not be affected by the closure of the Pembroke plant. ◆

TR Fastenings Opens New Facility in Hungary

TR Fastenings Hungary Kft, part of the

Trifast plc Group, is celebrating the

opening of its new purpose-built facility

in Budapest, building on years of rising

demand in the region.

Located in the southern suburb of

Szigetszentmiklós, Budapest, TR Fastenings

Hungary Kft is a fastener and Cat C

supplier to international OEM's and their

subcontractors not just in Hungary but

in the seven countries that border them.

The new 3,500 sq. metre modern facility

has 9.5 metre eaves in the warehouse and

is a high-capacity distribution facility that

is ready to support TR's future European

growth strategy.

TR Hungary was first established in 2000

and has grown considerably in that time,

quickly outgrowing two previous locations. lts rapid growth has been a real success story for TR and the region alike. lt has

come about through rising demand from large multinational household brands, many of which TR supplies to elsewhere in

the world. Hungary has historically been a lower cost production region but with a highly skilled available workforce making

it ideal for this kind of strategic investment. Hungary has a central location in Europe with seven countries on its border,

which is perfect for distribution hubs.

The TR Hungary team is fully supported by the Group encompassing Sourcing, Technical and Design, Commercial, Financial,

HR and Marketing support. ◆

European News

. 57 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Miguel Ángel López Borrego to Assume the Role of Interim CEO of NORMA

Group

The Supervisory Board of NORMA Group SE has decided to appoint

Miguel Ángel López Borrego to the position of Chief Executive

Officer from January 1, 2023. He shall exercise the function until the

position has been permanently filled, at the latest until December 31,

2023. The Supervisory Board continues its search for a permanent

successor in the CEO role.

Günter Hauptmann, Chairman of the Supervisory Board of NORMA

Group, comments: “We are extremely pleased to have tapped Miguel

Ángel López Borrego to fill the CEO role during this transitional

period, thus ensuring the continuity of the company’s management.

He is exceptionally well-positioned to leverage his deep insight into

NORMA Group’s business model and the challenges it currently faces,

enabling him to guide the company through the current turbulent

economic environment in an organized and competent manner.”

Miguel Ángel López Borrego has been a member of the NORMA

Group Supervisory Board since March 2021. As CEO of Siemens

S.A. in Madrid, he has been heading Siemens’ Spanish operations since 2018. López Borrego can draw on many years of

management experience in the automotive industry, in general industrial equipment and in the field of new energy. He was

born in Germany in 1965 and holds Spanish citizenship.

During the transition phase pending a long-term appointment to the position of CEO, López Borrego will continue to

implement ongoing improvement measures in the company together with his two fellow Management Board members,

Dr. Friedrich Klein (COO) and Annette Stieve (CFO). In the meantime, his offices as member of the Supervisory Board shall be

suspended.

“We will work together on the Management Board to stabilize profitability, compensate for inflation-driven cost increases

and enhance plant productivity,” says Miguel Ángel López Borrego. “With its diversified business model and strong order

book, NORMA Group is in an excellent position to take advantage of growth opportunities even in challenging times.”

NORMA Group’s current CEO, Dr. Michael Schneider, will step down from the Management Board of NORMA Group at the

end of 2022 by mutual agreement with the Supervisory Board. Dr. Michael Schneider and the Supervisory Board reached a

mutual decision back in August not to extend Dr. Schneider’s contract, which expires in mid-2023. The Supervisory Board’s

search for a long-term appointment to the position of CEO is proceeding according to plan.

Supervisory Board Chairman Günter Hauptmann would like to thank Dr. Michael Schneider on behalf of the entire Supervisory

Board: “We regret Dr. Schneider’s departure and thank him for the excellent cooperation. He has led NORMA Group in difficult

times, initiated important digitalization measures and promoted the focus on the growth markets of electromobility and

water management. We wish Dr. Schneider all the best for his personal and professional development.”

Dr. Michael Schneider says: “My time at NORMA Group was characterized by upheaval in the industry environment and

important internal strategic decisions. With the three strategic business units Water Management, Industry Applications

together with Mobility and New Energy, NORMA Group is in an excellent position for future profitable growth. I would like

to express my sincere thanks for the trusting cooperation with the Supervisory Board and on the Management Board.”◆

European News

. 58 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

IFI Announces New Standard for Steel Construction Industry

ndustrial Fasteners Institute (IFI)

has announced the publication

of a new IFI standard, IFI-171, thread

dimensions for sizes 1-5/8 – 5-1/2

and 1-7/8 UNS for Assembly of

Bolts, Studs and Nuts in the Steel

Construction Industry.

The new standard specifies thread

dimensions and tolerances for two

sizes of coarse threads, 1-5/8 – 5-1/2

and 1-7/8—5, that are commonly

used in the steel construction

industry. The standard resolves

slight differences that commonly resulted from varied interpretations of ASME B1.1 (2019), which does not explicitly list sizes.

IFI standards are developed by industry experts that volunteer at the request of IFI members and industry stakeholders.

Many of these experts are also engaged in the production of the IFI Book of Fastener Standards, a compilation of nearly 100

standards from ASTM, ASME, SAE and the IFI.

“I am very appreciative for the contribution of the task group members, beginning with Mike Friel from Haydon Bolts who

identified the gap and pushed for a standard to be published,” said Salim Brahimi, Director of Engineering and Technology

for IFI. “I am also grateful for the expertise and guidance of Al Barrows, chair of ASME Committee B1 on Threads. His support

was essential to validate the accuracy of the dimensions and to ensure we did the work correctly and in concert with ASME

B1.1. This standard will be added the Online Book of Fastener Standards and to future publications of the hardcover Book of

Fastener Standards.”

IFI is the leading voice representing the interests of the North American manufacturers of mechanical fasteners and formed

parts, as well as the key suppliers to the industry, fostering their working together to shape the future of the industry. IFI

represents the industry to its suppliers, customers, the government, and the public-at-large to advance the competitiveness,

products, and innovative technology of the Member Companies in a global marketplace. Learn more about IFI and its

membership at indfast.org. ◆

US Cutting Tool Orders Up 6.7% in July

uly 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT

– The Association For Manufacturing Technology.

This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 1.5% from

June’s $175.9 million and up 6.7% when compared with the $162.3 million reported for July 2021. With a year-to-date total of

$1.2 billion, 2022 is up 7.7% when compared to the same time period in 2021.

. 59 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

American News

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

These numbers and all data in this report are based on the totals reported by the companies participating in the CTMR

program. The totals here represent the majority of the U.S. market for cutting tools.

“The July 2022 cutting tool results continue to show demand is still well off 2019 levels. 2022 dollar volume is still running

about 15% lower than 2019, and when inflation is considered, total unit production is even lower,\" said Jarvis Cutting Tools

President Costikyan Jarvis. \"This data is supported by 2022 vehicle sales being around 13 million units versus 17 million units

in 2019 and the lower production in

commercial aerospace. Expect to see

improving cutting tool demand well

into 2023. Improvement will be driven

with increased aerospace production

(Boeing reported that 737 production

returned to 31-per month rates in

June) and a reduction in automotive

supply chain issues. Another good

indicator is North America’s premier

manufacturing technology show,

IMTS. The show returns this month,

and attendee numbers and interest

will be a good gauge for future

demand.”

“The slowdown in shipments seen in the second quarter of 2022 continued into July, although they remain well above last

year’s totals,” said Mark Killion, director of U.S. industries at Oxford Economics. “This is in line with the deceleration recently

seen in new orders and a moderating pace of activity in key client markets.”

The Cutting Tool Market Report is jointly compiled by AMT and USCTI, two trade associations representing the development,

production, and distribution of cutting tool technology and products. It provides a monthly statement on U.S. manufacturers’

consumption of the primary consumable in the manufacturing process – the cutting tool. Analysis of cutting tool

consumption is a leading indicator of both upturns and downturns in U.S. manufacturing activity, as it is a true measure of

actual production levels.

Historical data for the Cutting Tool Market Report is available dating back to January 2012. This collaboration of AMT and

USCTI is the first step in the two associations working together to promote and support U.S.-based manufacturers of cutting

tool technology. ◆

BBI Relocates lts Montreal Facility and Doubles lts Toronto Warehouse

BBl-Montreal has moved from a 90,000 sqft facility into a 154 ,000 sqft building and BBIToronto has doubled its warehouse space to 164,000 sqft facility enhancing just-in- time

deliveries into Canada.

Brighton-Best is currently located in 31 locations in 6 countries and supplies over 7,000

distributors throughout the world. ◆

. 60 . China Fastener Directory| Issue 28 December 2022 www.chinaFastenerinfo.net

American News

Fastenal Sales Rose 16% in 2022

Fastenal posted another strong quarter to

wrap up its 2022 fiscal year, but its latest

quarterly sales increase moderated compared

to earlier in the year.

The Minnesota fastener and industrial supply

giant posted just shy of $7 billion in overall sales

in 2022, a 16% increase over 2021. Operating

income and earnings before income taxes were

both up more than 19% over that span, while

net earnings rose 17.5%. Gross profit for the year

climbed nearly 16%.

In the fourth quarter of 2022 alone, sales were

up 10.7% compared to the same period in 2021 — the company’s sixth consecutive double-digit sales jump but its lowest

increase of the year. The distributor’s Q4 net earnings were up 6.2%, and gross profit rose 7.8%. The company’s earnings per

share of $0.43 in the quarter slightly exceeded Wall Street projections.

Fastenal officials said the company saw higher unit sales in the latest quarter as strong demand in capital goods and

commodities markets offset sluggish consumer goods and construction sectors. The company also said the positive impact

of price inflation on sales numbers eased in the fourth quarter. Prices were stable in the latest three-month window, and the

company said its moves to mitigate the impact of inflation in fasteners and transportation services boosted net sales by 350

to 380 basis points.

The company also warned that despite easing prices across many inputs, it could take “several quarters” before its costs

reflect that trend due to its long supply chains.

Fastenal said it opened a total of 306 “onsite” locations during 2022 and closed 99, which it attributed to normal churn in its

business. Its workforce increased by 1,520 in the past year. ◆

Würth Touts Record Revenue

Fastener and MRO distributor Würth Industry North

America said Thursday that it set a new record for revenue

growth through July.

The Indianapolis-based subsidiary of German distribution

giant Würth Group said its revenue through last month was

up 16.5% compared to the previous year, and that it is on pace

to set a record for sales volume.

The company attributed the growth, in part, to the 2021

. 61 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

American News

MKS Instruments Announces Closing of Atotech Acquisition

MKS Instruments, Inc., a global provider of technologies that enable

advanced processes and improve productivity, announced the completion

of the previously announced acquisition of Atotech Limited for approximately

US$4 .4 billion in cash and MKS common stock.

Atotech is a global leader in process chemicals, equipment, software and services

for printed circuit boards, semiconductor IC packaging, and surface finishing.

\"The acquisition of Atotech positions MKS to accelerate roadmaps for future

generations of advanced electronics devices,\" said John T.C. Lee, President and CEO of MKS, \"By combining leading capabilities

in lasers, optics, motion and now process chemistry, MKS is set to be a leader in the next frontier for miniaturization and

complexity: Optimizing the InterconnectSM, a significant enabling point of next-generation advanced electronics. Atotech's

leadership in functional and decorative surface finishing will also extend MKS' product offering for industrial applications

and grow our market reach. I could not be more excited to welcome the Atotech team to the MKS family.\"◆

Birmingham Fastener Announces Pacific Coast Bolt Acquisition

Birmingham Fastener is excited to announce the acquisition of Pacific

Coast Bolt Corporation based in Santa Fe Springs, California. With over

80 years of combined fastener production, this acquisition strengthens

Birmingham Fastener’s manufacturing diversity and expands our U.S.

footprint coast-to-coast with branches from New York to California. Most

importantly, it allows us to add teammates to our world-class staff and will

yield long-term benefits for our customers.

Pacific Coast Bolt manufactures and distributes a wide range of products to industries such as water, wastewater, chemical,

completion of a multi-year strategy to divide into four divisions. Würth officials said the move streamlined and optimized its

operations, products and procurement. Its MRO, safety and metalworking division, in particular, grew by 22.7%, while the

industrial division grew by 14.5%.

\"Even against the economic and market challenges we faced in the first half of 2022, we continue to see double-digit sales

growth through our divisional structure,\" Würth North America CEO Dan Hill said in a statement.

The company said that it added 128 employees in the first seven months of the year, increasing its North American workforce

by more than 5%. It is set to open what will be its largest facility in Virginia in coming weeks. ◆

. 62 . China Fastener Directory| Issue 28 December 2022 www.chinaFastenerinfo.net

American News

refining, and construction. With this partnership, Birmingham Fastener and its sister companies can expand product and

service offerings to their customers.

Brad Tinney, President of Birmingham Fastener said of the acquisition, “This strategic initiative further complements

Birmingham Fastener’s made-in-America value proposition to our customers, as Pacific Coast Bolt brings a wealth of

manufacturing equipment and overall fastener knowledge. We are excited to expand westward and honored to heighten

the level of customer service for all our partners across America.” ◆

Field Fastener, Mid-State Bolt & Nut Merge

Field announced recently that it has

merged with Mid-State Bolt & Nut

Company, a full-line fastener distributor

headquartered in Columbus, Ohio.

Terms of the deal were not disclosed.

Mid-State Bolt & Nut Company,

founded in 1946, brings value to the

OEM marketplace through creative

and efficient supply chain solutions for

fasteners and other direct materials.

This strategic partnership will enhance

their combined position in North America

by expanding the products, services and geographical footprint in which they service customers. Both companies become

stronger by being together, and more equipped to support current and prospective customers while providing technical

services to drive short and long term cost savings.

“We’ve known Field and the Derry family for many years, and based on their culture, growth and future vision, we know that

our team, customers and suppliers are in good hands by merging with Field”, said Dave Broehm, president of Mid-State Bolt

& Nut.

Broehm will step down as president but stay on in a consultant role to assist with the transition. Broehm’s sons currently in

the family business, Michael and Andrew, will be staying on with the company.

“What most impressed me was the quality of the people at Mid-State and their commitment to do whatever it takes to

support the customer and one another. You can’t teach this and it very much aligns with the culture of Field,\" said Field

President Adam Derry. \"We couldn’t be more excited to welcome the Mid-State team and customer base into the Field

family.\" ◆

. 63 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

American News

List of Global Fastener and

Related Exhibitions in 2023

March 2023

21-23 Fastener Fair Global Messe Stuttgart, Germany

Organizer: Mack-Brooks Exhibitions www.fastenerfairglobal.com

April 2023

12-14

Manufacturing World Nagoya Portmesse Nagoya, Japan

Organizer: RX Japan www.manufacturing-world.jp/

nagoya

Compiled by China Fastener Info

May 2023

3-5 Taiwan International Fastener Show Kaohsiung Exhibition Center, Taiwan

Organizer: TAITRA www.fastenertaiwan.com.tw

5-6 International Hardware Fair Italy Fiera di Bergamo, Italy

Organizer: Koelnmesse srl www.hardwarefair-italy.com

16-17 Fastener Fair USA Music City Center, TN, USA

Organizer: Reed Expo www.fastenerfairusa.com

24-26 INAFASTENER JIEXPO, Indonesia

Organizer: GEM Indonesia www.inafastener-exhibition.net

31-

Jun 1

METALTECH MITEC Malaysia

Organizer: Informa Markets https://metaltech.com.my

June 2023

6-8

+INDUSTRY Bilbao Exhibition Center, Spain

Organizer: Bilbao Exhibition Center https://plusindustry.

bilbaoexhibitioncentre.com

7-10 WIN EURASIA Istanbul Expo Center, Turkey

Organizer: Hannover Fairs Turkey http://win-eurasia.com

21-23 Manufacturing World Japan Tokyo Big Sight, Japan

Organizer: RX Japan www.manufacturing-world.jp

21-24 Manufacturing Expo BITEC, Bangkok, Thailand

Organizer: RX Tradex www.manufacturing-expo.com

August 2023

9-11 Vietnam Manufacturing Expo I.C.E. Hanoi, Vietnam

Organizer: RX Tradex www.vme-expo.com

September 2023

1-3 Hand Tools Fastener Expo Bombay Exhibiton Center, India

Organizer: Hyve Group https://iihtexpo.com/Home

1-3 Fastener Fair India Bombay Exhibition Centre, India

Organizer: RX Global www.fastenerfairindia.com

November 2023

7-10 Metal-Expo Expocentre Fairground, Russia

Organizer: Metal-Expo Co.,Ltd. www.metal-expo.ru

29-

Dec 1

Manufacturing World Fukuoka Marine Messe Fukuoka, Japan

Organizer: RX Japan www.manufacturing-world.jp/

kyushu

*Note: Show dates are subject to change. We suggest you doublecheck before your visit.

October 2023

4-6 Manufacturing World Osaka INTEX Osaka, Japan

Organizer: RX Japan www.manufacturing-world.jp

4-6 METALEX Vietnam S.E.C.C, HCMC, Vietnam

Organizer: RX Tradex www.metalexvietnam.com

9-11 International Fastener Expo Mandalay Bay, Las Vegas, USA

Organizer: Emerald X https://fastenershows.com

18-20 Korea Metal Week KINTEX, South Korea

Organizer: Korea Trade Fairs www.korea-metal.com

25-27 Fastener Trade Show Suzhou SIEC, Jiangsu, China

Organizer: China Fastener Info www.fastenertradeshow.net

September 2023

7-9 Fastener Fair Mexico Expo Guadalajara, Mexico

Organizer: RX Global www.fastenerfairmexico.com

9th International

Exhibition for

the Fastener and

Fixing Industry

www.fastenerfairglobal.com

FIND OUT MORE!

Organiser:

21 - 23 MARCH 2023

MESSE STUTTGART, GERMANY

Industrial Fasteners and Fixings

Construction Fixings

Assembly and Installation Systems

Fastener Manufacturing Technology

Storage, Distribution, Factory Equipment

Information, Communication and Services

Join the fastener and fixing

industry’s global gathering

Exhibit Profile

Exhibiting & Visiting Information

www.manufacturing-world.jp/hub/en-gb.html

Organiser: RX Japan Ltd.

Schedule Held 4 times a year

June 21-23, 2023

Tokyo Big Sight, Japan

TOKYO

April 12-14, 2023

Portmesse Nagoya, Japan

NAGOYA

November 29-December 1, 2023

Marine Messe Fukuoka, Japan

FUKUOKA

October 4-6, 2023

INTEX Osaka, Japan

OSAKA

Factory Facilities

Measuring Instruments

Sensors, etc…

CAD, CAE, Production

Management Systems

IoT Platforms, AI Solutions

Additive Manufacturing,

3D Printers

Mechanical Components

Motion Technologies

OEM, ODM, EMS

World's Leading Manufacturing Trade Show

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net . 72 .

Exhibitions

. 72 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

China Fastener Info Returns to Overseas

Fastener and Related Exhibitions

The 25th Manufacturing World Osaka was grandly held

on October 5-7, 2022 at INTEX Osaka, Japan. China

Fastener Info attended the exhibition as media partner and

distributed the latest China Fastener Directory onsite, aiming

to help China fastener companies return to the Japanese

market and introduce quality China fastener suppliers to

international buyers.

As the largest manufacturing industry show in Western

Japan, Manufacturing World Osaka is the perfect place to

introduce solutions for R&D cycle shortening, productivity

improvement, quality improvement, VA/VE, and cost

reduction to industry professionals.

Manufacturing World Osaka 2022 consisted of 9 specialized

shows, respectively: DMS, M-Tech, MEDIX, FacTex, AloTex,

AM Japan, MTS, MDX, ODM/EMS. According to the statistics

provided by organizer RX Japan, the 2022 edition had

attracted 810 exhibitors and 27,162 visitors.

The main products/technologies exhibited were IT and

digital transformation solutions, mechanical components,

equipment, devices and measuring products used in the

manufacturing industry. The main visitors to this exhibition

were from the design, development, manufacturing,

production engineering, purchasing and information systems

departments of automotive, electrical, machinery and

precision equipment manufacturers.

A large number of Chinese exhibitors recruited local

representatives or interpreters to help display products

onsite, while some companies insisted on sending their staff

to the exhibition. Fastener exhibitors from China included

Qifeng Precision, Gem-Year, Jin Shang, Zhejiang Ronnie

Precision, etc.

The next edition of Manufacturing World Osaka will be held

from October 4-6, 2023.

Manufacturing World Osaka 2022

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. 73 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

China Fastener Info participated in METALEX VIETNAM 2022 held October

6-8, 2022 at SECC, Vietnam.

Exhibit profiles were: Metal Machine Tool, Sheet Metal Forming Machine,

Precision Measuring and Testing, Machine Tool Accessory, Tools and

Tooling, Grinding Wheel & Abrasive, Molds & Dies, Fluid Power, Power

Transmission, Manufacturing and Process Automation, Wire, Tube,

Fastener, Controller & Computer System, Welding, Semi-products and Raw

Materials, and Miscellaneous.

We noticed that some well-known companies such as 3M, NSK, YAMAHA

MOTOR, KEYENCE, HIWIN had their special-decorated booths.

Fastener related exhibitors included GEOMAT, SHIV SHAKTI ENGINEERING,

DOERKEN COATINGS.

In addition to Vietnamese exhibitors, pavilions from Japan, Thailand, South

Korea and India can be found onsite. Companies from Malaysia, China

and Germany showcased themselves as individual exhibitors rather than

regional pavilions.

The 2023 edition is scheduled to take place from October 4 to 6.

METALEX VIETNAM 2022

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net . 74 .

Exhibitions

. 74 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

The International Fastener Expo 2022 (IFE 2022) took place

at the Mandalay Bay Convention Center in Las Vegas from

October 17 to 19, 2022. China Fastener Info participated in

the expo as media partner.

Organized by Emerald Expositions, the International

Fastener Expo (IFE) is the largest B2B expo for fasteners,

tooling, and machinery in North America. Since 1981,

the event has brought together the manufacturers and

master distributors of fasteners, precision formed parts,

fastener machinery & tooling and other related products

and services with distributors and sales agents in the

distribution chain, which is held annually in Las Vegas.

The 3-day show consisted

of a variety of networking

a n d e d u c a t i o n a l

activities. Day 1 included Golf Tournament, Training Classes

and Welcome Reception; while Day 2 and Day 3 featured

Physical Exhibition, Sessions, as well as Hall of Fame and

Young Fastener Professional Awards Ceremony.

According to the organizer, this year’s show provided

new features and proved that events are making a strong

rebound! IFE 2022 saw outstanding attendance, gathering

3,500+ attendees representing 36 countries and regions

from around the world for the three-day event.

The Expo Floor featured 450 total exhibitors including

30 new exhibitors making their debut at IFE this year. In

addition to the US companies, international exhibitors from

Chinese Mainland, Taiwan Province of China, India, South

Korea, Turkey and other regions also took part in the event.

We noticed that China fastener exhibitors such as Jiashan

Weiyue, Jiashan Ziheng, Jiaxing Chinafar, Jiashan XC,

Shanghai Prince, Haiyan Dowson’s, Haiyan Hongmao,

Zhejiang Donghe, Haiyan Zhongda, etc. showcased their

products and business advantages to the attendees.

In addition to distributing the publication China Fastener

Directory, representative of China Fastener Info also

promoted its B2B platform and social media to both

exhibitors and visitors onsite.

The next edition of IFE will be held October 9-11, 2023 at

the same venue.

International Fastener Expo 2022

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Exhibitions

. 75 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Metal-Expo’2022, the 28th International Industrial

Exhibition was held on November 8 - 11 at Expocentre

Fairgrounds, Moscow, Russia. The industry forum brought

together more than 400 steel industry producers from

Russia, and 15 neighboring countries. More than 22k

industry professionals visited the event among them

constructors, heavy engineers, steel products end-users,

professionals from fuel and energy complex, as well as

transportation, logistics, steel trading etc.

China Fastener Info participated in the show as media

partner at Stand No. 82D18 and distributed its publication

China Fastener Directory onsite.

Metal-Expo 2022

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net . 76 .

Exhibitions

. 76 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

The four days of the event proved their high efficiency. Steel industry leaders

held non-stop negotiations. The majority of the exhibitors highly appreciated

professionalism of the visitors (among them leaders of steel, engineering, fuel and

energy complex etc industries.) coming to meet face to face with steel products

end-users. Many companies sent more than 100 delegates to the exhibition while

more than 3k steel industry professionals were working at their stands during the

exhibition in total.

The majority of the exhibitors are highly satisfied with the exhibition in terms

of business development. More than 50 events were held in parallel with the

exhibition and the number of the visitors grew a lot more as compared to the

previous years.

Fastener related exhibitors included MMK-METIZ, Metprom-Ural PKF, Parallel,

Tojfiliz, NLMK-Metiz, etc.

MMK Group presented the whole range of its products from hot-rolled and

long products to steel sheets for the automotive industry, coated sheets and

high durable MAGSTRONG products. TMK also presented the whole range of its

products and solutions for the tubes and pipe industry. NLMK Group took the

most of the four days of the event presenting their customers the latest solutions

and product lines. NLMK and EVRAZ held separate meetings with their dealers.

Among other products EVRAZ promoted their high-quality long and structural steel

products for construction and railway industries.

. 77 .

Exhibitions

. 77 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

From 23 to 25 November 2022 the Bombay Convention &

Exhibition Center in Mumbai again served as the meeting

point for the leading regional trade fairs of the wire, cable

and pipe & tube industries as well as the metallurgical,

welding and cutting sectors. China Fastener Info attended

the fair as media partner at Stand C37.

Four trade fairs with a total of 400 exhibitors from 21

countries presented current technologies, machinery,

finished products, and solutions for their respective industry

sectors over three trade fair days.

In addition to Indian companies, most European exhibitors

came from the Benelux countries, Austria, Switzerland,

Germany, Italy, the United Kingdom, Scandinavia, Turkey,

France and Spain.

Overseas companies travelled from the USA, Canada,

Thailand, Vietnam, Taiwan (China), South Korea, Singapore,

South Africa and Chinese Mainland to India. In addition,

the trade fairs featured national joint participations

from Switzerland, Italy and Germany. The exhibits were

complemented by a comprehensive conference program.

In 2024, the trade fair quartet will again be held at the

Bombay Convention & Exhibition Center, this time from 27

to 29 November. ◆

wire India 2022

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net . 78 .

Exhibitions

. 78 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Fastener Fair Global 2023:

Strong Exhibitor Line-up as the World’s

Leading Fastener and Fixing Exhibition

Returns

Four years after the last edition,

F a s t e n e r F a i r G l o b a l , t h e

International Exhibition for the

Fastener and Fixing Industry, returns

from 21 – 23 March 2023 at Messe

Stuttgart in Germany to bring the

industry together face-to-face. At

its 9th edition, Fastener Fair Global

is the largest exhibition worldwide

specifically dedicated to presenting

and promoting fastener and fixing

products and technologies.

In advance of the exhibition, there are

already 780 exhibitors confirmed from

some 40 countries across the world,

with the strongest representation

from German, Italian, Chinese, Turkish

and Indian firms. Over 21,170 square

metres of net exhibition space has

already been booked, covering halls

1, 3, 5 and 7 at the Messe Stuttgart

Exhibition Centre. Among those

exhibiting at Fastener Fair Global are

Alexander P A A L GmbH, Böllhoff

GmbH, Carlo Salvi S.p.A., Eurobolt

BV, F. REYHER Nchfg. GmbH & Co.

KG, Fastbolt Schraubengroßhandels

GmbH, INDEX Fixing Systems (Técnicas

Expansivas S.L.), INOXMARE SRL,

Lederer GmbH, MKT MetallKunststoffTechnik GmbH & Co. KG, Norm Civita

San. ve Tic. A.S., Obel Civita San. ve Tic.

A.S., PGB EUROPE NV, Pühl GmbH &

Co. KG, SACMA LIMBIATE SPA, Schäfer

+ Peters GmbH, SPAX International

GmbH & Co. KG, Tecfi Spa, TOBSTEEL

GmbH, WASI GmbH and Würth.

“It is such a pleasure to welcome the

fastener and fixing industry back to

Stuttgart at Fastener Fair Global 2023.

There has been so much happening

within the industry in the last four

years that we are looking forward

to discovering at the show the most

modern technologies the sector

offers” says Liljana Goszdziewski,

Portfolio Director for the European

Fastener Fairs, commenting on

behalf of Mack-Brooks Exhibitions,

the organiser of the event. “Boasting

strong participation from exhibiting

companies, we can safely say that

there is an eagerness for the sector to

return to the live exhibition as there

is no real substitute for face-to-face

networking to strengthen connections

and enable new sales opportunities.

Particularly with such a large and

renowned exhibition within its

industry such as Fastener Fair Global,

which has such wideranging and

international participation.”

Very high level of exhibitor

s a t i s f a c t i o n w i t h s h o w

experience

At the last edition, nine in ten

exhibitors claimed to be satisfied

with the show. This is reflected in the

concrete business goals that were

achieved through participation in

the exhibition, as 85% of exhibitors

. 79 .

Exhibitions

. 79 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

received positive business enquiries as a result of taking part in Fastener Fair Global. Furthermore, the exhibitor satisfaction

was affected by the quality of the attendees at the show, with 95% of visitors having an influence on or personally making

purchasing decisions.

The mix of visitors to the show represented the diversity of markets served by the fastener and fixing industry. Most visitors

were either wholesalers, manufacturers or distributors, all playing a vital role in the supply chain. Visitors came from a wide

range of professions, such as senior managers, buyers, engineers, R&D professionals and specialists who source and trade

fasteners and fixings for various sectors, mainly automotive, construction, distribution, and mechanical engineering.

Exhibitor information and stand booking

Participants at Fastener Fair Global have a unique opportunity to meet face-to-face with other professionals in the industry

from all over the world, see and ensure the quality of products first-hand, source and sell products and services, initiate and

strengthen business relationships, and build trade networks.

Companies who wish to exhibit at Fastener Fair Global 2023 can contact the show team directly to discuss the best stand

spaces available and receive a customised participation package.

Join the fastener and fixing industry’s global gathering

Fastener Fair Global is the meeting place for leading international organisations in the fastener and fixing sector and an

opportunity for exchanging competencies and views on current technological developments.

At its 9th edition, the exhibition represents an unmissable products and services showcase merged with various buying

and networking opportunities for international suppliers, manufacturers and distributors of industrial fasteners and fixings,

construction fixings, fastener manufacturing technology and related products and services.

Fastener Fair Global provides an excellent platform to establish new contacts and build successful business relationships with

key industry players and professionals from various production and manufacturing sectors looking for fastening technologies.

Get your ticket now: www.fastenerfairglobal.com/en-gb/visit.html

Further information about the event is available on the show website: www.fastenerfairglobal.com ◆

China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net . 80 .

Exhibitions

. 80 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

The 22nd Fastener Trade Show Suzhou, organized by China Fastener Info, has been rescheduled to 25-27 October 2023 at

Suzhou International Expo Center (SIEC), Jiangsu Province, China.

As a grand festival for global fastener suppliers and buyers, the 2023 edition will occupy halls D1 and E1, with a total

exhibition area of 12,000 square meters, featuring approximately 400 exhibiting companies. Some 12,000 buyers and visitors

from China and the rest of the world are expected to come to the exhibition for annual procurement and negotiation.

The exhibit profile in 2023 will cover 6 product ranges throughout the entire fastener supply chain, including fasteners, tools,

equipment, molds, surface treatment and raw materials.

Well-known China fastener and auxiliary companies, such as Meishan CRRC Fastening System, Zhejiang Huayuan Auto

Technology, Aozhan Industrial, Jiashan Yongxin Fastener, Zhejiang Sanlin Hardware Products, Sijin Intelligent Forming

Machinery, Zhejiang Yeswin Machinery, Zhejiang Wanying Henghui Thread Technology, etc. have confirmed their participation

as exhibitors.

“Fastener Application Forum”, including a series of insightful topics by leaders and experts from fastener application fields,

will shed light on advanced technology applications, providing a unique opportunity for attendees to acquire knowledge and

share information.

The 22nd Fastener Trade Show Suzhou

Rescheduled to October 2023

. 81 .

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. 81 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Online visitor registration is now open. Register now for FREE Admission, FREE Show Catalog and Souvenir at www.

fastenertradeshow.net. ◆

. 82 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Interviews

Industrial fasteners market expected

to hit $131.56 bn by 2031

High-quality fasteners that are resistant to corrosion and other natural abrasions are a necessity in many industries. This

creates lucrative opportunities for fastener manufacturers.

Companies in this market are focusing on novel materials, such as carbon-fiber and alloys, which ensure corrosion-resistant,

lightweight, as well as superconducting fasteners. Manufacturers are also focusing on hybrid fasteners made using injectionmoulded plastic materials and metals that are lighter, easy to install, and cost-effective.

The automotive segment held the major share of the global industrial fasteners market in 2021. However, the construction

segment is expected to grow at the highest CAGR during the forecast period owing to the surge in construction activities

around the world.

Construction industry driving the fastener market

An increase in demand for fasteners in the construction industry is a key factor driving the industrial fasteners market. Demand

for steel fasteners is also rising for machine designs because it possesses a high degree of durability and greater, long-term

resistance to corrosion.

It’s recommended that manufacturers tap into incremental opportunities and design products as per the recent trends to

broaden their revenue streams. They should also focus on miniature and design-driven steel fasteners, which play a vital role

in small assemblies.

Automotive industry not far behind

As mentioned, the automotive segment held the major share of the global industrial fasteners market in 2021 and is still a top

contender.

Source: Transparency Market Research

T he value of the global industrial

fasteners market was worth U.S. $92.16

billion in 2021. Industry statistics estimate

the market size to attain a valuation of

$131.56 billion in the next decade and by

2031, developing at a CAGR of 3.2%. This

is according to a new report from market

research consulting firm, Transparency

Market Research.

Industrial fasteners refer to high-quality

fasteners that can be used in applications

ranging from maritime and automobile

to construction. The terms industrial and

permanent fasteners are interchangeably

used here. These fasteners can withstand

almost every weather and chemical

element.

Insight

. 83 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Interviews

The global automotive industry is expected to grow

significantly during the forecast period due to the increase

in manufacture of automobiles.

Automakers are constantly developing drivetrains and

more efficient engines to reduce fuel consumption. They’re

adopting emission-control technology to produce cleaner

automobiles and relying on lighter-weight fastener to join

parts.

So, the ongoing demand for automotive fasteners is

likely to rise in the near future due to the growth in the

automobile industry.

The demand

Demand for a different types of fasteners is rising. There’s

growth in new infrastructure developments, residential

development, and diverse sectors such as renewables

and telecommunications — which are also boosting

the construction sector. In turn, this is augmenting the

demand for bolt fasteners and other industrial fasteners.

Furthermore, railroad and light-rail transportation systems

for passengers and freight are developing at a rapid pace,

globally. All of these sectors require industrial fasteners.

Demand for components used in the manufacture of

railway infrastructure, including railroad fasteners, is

expected to rise significantly in the near future. Demand for

fasteners that are capable of sustaining railway equipment

is high, due to the increase in number of passengers,

faster transits, and long-distance journeys. Additionally,

high-quality fasteners that are resistant to corrosion and

other natural abrasions are required to meet the growing

demand for railway tracks. These factors are expected to

boost the industrial fasteners market during the forecast

period.

The type

Based on product type, the industrial screws segment

currently holds the major share of the global industrial

fasteners market. The nuts and bolts segment is the one

expected to grow at the highest CAGR, owing to increasing

application in automotive and construction industries.

Additionally, an increase in the manufacture of medium

commercial vehicles, light commercial vehicles, heavy

earth moving equipment, textile machinery, machine

tools, aircraft, and utility vehicles has propelled the usage

of fasteners in sub or main assembly parts. The market for

bolts and nuts is fragmented. It is characterized by intense

competition, with small and large players competing

to maintain their respective position. High-tensile

fasteners are primarily used in industrial, automotive, and

engineering applications.

The players

The industrial fasteners market is fragmented, with the

presence of many players. Competition is expected to

intensify in the next few years due to the entry of several

local players. Manufacturers in the industrial fasteners

market are focusing on the material side along with new

designs for superior grip.

Several companies are striving to meet the demands of

customers as per the latest trends. They’re introducing

innovative products such as nano-laminated metalliccoated fasteners to prevent surface-type corrosion.

Key report findings

The need for parts used in the building of railroad

infrastructure, such as railroad fasteners, is anticipated to

increase dramatically in the near future. Due to the rise

in long-distance trips, faster transit times, and passenger

traffic, there is a considerable need for fasteners that

can support railway equipment. In addition, to fulfill the

rising demand for railway tracks, superior fasteners that

are impervious to rust and other forms of natural abrasion

are necessary. These factors are anticipated to drive the

market for industrial fasteners during the forecast period.

The increasing production of vehicles is anticipated to cause

the global automotive industry to expand considerably

throughout the forecast period. In order to cut down on

gasoline usage, automakers are always creating more

fuel-efficient engines and drivetrains. In order to develop

greener cars, they’re implementing emission-control

technologies. Due to the expansion of the automotive

sector, the demand for automotive fasteners is thus

anticipated to increase soon.

Depending on product type, the industrial screws category

is likely to dominate the global market for industrial

fasteners. Due to their expanding usage in the construction

and automotive industries, nuts and bolts are anticipated

to rise at the highest CAGR.◆

Insight

. 84 . China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net China Fastener Directory | Issue 28 December 2022 www.chinaFastenerinfo.net

Interviews

Automotive fastener market revenue

to hit $21.5 billion by 2028

T he automotive fastener market is set to reach U.S. $21.5 billion by 2028, as reported in a research study by Global

Market Insights Inc. The development of more versatile, universal fasteners is expected to boost the production

statistics.

Automotive fasteners are playing a major role in terms of new and specific applications, including the electrification of

vehicles and other unique technical requirements (such as lightweight features). Additionally, mechanical advancements,

the reliability of fasteners, and enhancements in quality are boosting the market elements. The ease of replacing fastener

from vehicles is also a consideration for manufacturers.

The growing demand for electric vehicles (EVs) is a factor favoring the automotive fastener market growth. Fasteners are

not only needed in EVs but also in charging units, battery casings, and general infrastructural equipment. Requirements

for lower emissions, along with the government support for carbon reduction via tax rebates and subsidies, have propelled

players to provide more electric options, globally.

The light commercial vehicles segment is predicted to generate a revenue of about U.S. $4 billion by 2028. New developments,

a rise in e-commerce activities, and third-party logistics will augment the market for light commercial vehicles as they are

highly suitable for last-mile deliveries.

The passenger car (PC) segment will hold more than 70% of the automotive fastener market revenue share by 2028.

Passenger cars are the most common means of transportation. A rise in per capita income has favored the passenger car

segment growth. Companies are rearranging their operations, recovering from the pandemic impact, and producing more

cars, thereby incrementing greater use of automotive fastener.The aftermarket segment is expected to cross $11.5 billion

by 2028.

The aftermarket segment mainly includes manufacturers that supply fastener to automobiles after they have been

manufactured by the OEMs. The end-users procure fastener as replacements or accessories for their vehicles.

Source: Global Market Insights

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Fastener types

Non-threaded automotive fastener will show the greatest positive growth. These fasteners help in distributing loads evenly

onto the bearing surface and are found in different thicknesses, materials, and sizes, depending upon the requirement.

Non-threaded automotive fastener provides

force distribution and vibration absorption.

Besides this, non-threaded fastener reduces

cost and save time.

The automotive fastener market size from

non-permanent fastener segment is slated

to witness 6% gains till 2028. Non-permanent

automotive fastener, such as screws and bolts,

find application in vehicles as they allow the

parts to be disassembled and re-assembled

when required.

These fasteners are mainly used for connecting two components, which can be removed, and the separated pieces come

out without suffering any damage.

The OEMs

The automotive OEM segment is poised to reach $9.5 billion by 2028, holding 45% of the market share. Consumers seeking

to replace their damaged vehicle components purchase fastener from automotive OEMs to ensure that the replaced

fastener are fully compatible with the vehicle and are manufactured — and with the same quality standards.

The industry is largely fragmented into several prominent and small manufacturers, including Kamax Group, Fontana, Agrati,

Sundram Fastener Limited,

Shanghai Prime Machinery

Company, SFS Group, Illinois

Tool Works, Bulten AB, KOVA

Fastener, Meidoh Co., Sterling

Tools, Changshu City Standard

Parts Factory, and Westfield

Fastener.

Companies are shifting their

preferences from standard

to customized components

that are expected to bolster

customized fastener market

revenue.◆

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Global aerospace fasteners market

to hit $12.80 billion by 2030

A slow rise in air traveling and surge in government

expenditure on defense are driving the growth of the

global aerospace fasteners market. According to a new

report published by Allied Market Research, the global

aerospace fasteners market was estimated at $7.42

billion in 2020 and is expected to hit $12.80 billion by

2030 — registering a CAGR of 5.5% from 2021 to 2030.

Materials

Aerospace fasteners are the components used to combine

two or more objects in aircraft designing and manufacturing,

including nuts and bolts made of titanium, nickel-based

alloys, high-strength alloys, and other materials. The

standards of aerospace fasteners materials, such as a highoperating temperature and resistance to corrosion are

kept in mind to improve the fuel economy.

These fasteners are mostly used in military aircraft (fighter

jets), ballistic missiles, defense, satellites, and other

commercial purposes aircraft.

The alloy steel segment held the major share in 2020,

garnering more than one-third of the global aerospace

fasteners market, owing to installation of maximum

Source: Fastener Engineering

number of steel fasteners in aircrafts. The titanium

segment, however, is projected to cite the fastest CAGR

of 6.0% throughout the forecast period. This is due to its

high tensile strength and capability to withstand extreme

temperatures.

In terms of the product type, the nuts and bolts segment

contributed to the lion’s share in 2020, holding more than

two-fifths of the global aerospace fasteners market. The

same segment would also manifest the fastest CAGR of

5.2% from 2021 to 2030. This is attributed to their stability

when used in assembly.

The market

Strict regulations on logistics and air travel services gave

way to a steep decline in the production of new aircrafts

as a direct result of COVID-19. This impacted the global

aerospace fasteners market negatively, especially during

the initial phase.

However, the market is projected to revive in the near

future, as the global situation changes. As a result, rapid

growth in global air travel owing to higher standards of

living and a rise in tourism are expected to drive market

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growth. In addition, relief in the import duties in some

countries for the manufacturers drives the growth of the

aerospace fasteners market. Further, many countries are

focused on strengthening defense system by including

fighter jets, military helicopters, and other special aircrafts

in their military air force.

By region, the market across Asia-Pacific, followed by

North America, dominated in 2020, garnering more than

one-third of the global aerospace fasteners market. The

same region is also expected to cite the fastest CAGR of

5.9% throughout the forecast period. This is due to high air

traffic in this region.

Key players

Bufab Group

Howmet Aerospace

Stanley Black & Decker Inc.

TFI Aerospace

B&B Specialities Inc.

Würth Group

The Boeing Company

TriMas Corporation

3D printing

3D printing technology for aircraft manufacturing is

used for performing structural function in the aircraft.

For instance, 3D printing is used for manufacturing

components such as panels, ducts, wings, and other

components. This technology is used for manufacturing

lightweight components and reducing the number of

components by printing two different adjacent parts into

one single component.

To some extent, this is expected to reduce the demand for

aerospace fasteners as there would be less assemblies. The

aviation industry is always ready to adopt new technologies

to reduce the overall weight of the aircraft.◆

During the first three months in 2022, Q1, the Brazilian export hit US$ 41,88 million, more than 9,5 thousand tons

on volumes. Respectively were 34.8% and

22.2% superior to 2021, being US$ 4.38 the FOB

price/kg. With share 32% Argentina has been

the principal export destination from fasteners

\"Made in Brazil\", followed by 15% to USA, 13%

to Paraguay, 5.9% to France and 4% sent to

Germany.

On another hand, the imports achieved US$

253,23 million, with more than 55,5 thousand

tons on volumes, respectively 11.7% and 9.8%

above to 2021, with US$ 4.56 the FOB price/kg.

China is the leader with share 32% from the

total fasteners imported by Brazil, followed

by 15% from USA, 8.7% from Japan, 8.6% from

Germany, and 7.1% sent by Italy.◆

Brazilian Fastener Exports and

Imports in Q1 2022

Source: www.mdic.gov.br, Revista do Parafusos

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EU Fastener Trade Statistics

during 2019-2021

HS 7318: Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers (including spring washers) and

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