2025 Industry Dynamics Analysis-Hebei Hengcheng Fastener Co., Ltd

Leading fastener manufacturer from China since 1998

Home

2025 Industry Dynamics Analysis

Jul 17,2025

The global manufacturing industry continues to recover, and green development and technological innovation have become the core driving forces of the industry. In this context, the fastener industry, as a basic component of modern industry, is facing profound changes.
In 2025, factors such as technological upgrades, changes in market demand, and adjustments in global supply chains will jointly shape the future development trend of the industry. Under the background of the global recovery of the manufacturing industry and the restructuring of the supply chain, as the "industrial rice" in the industrial field, the market trend of fasteners has become a barometer to measure the manufacturing activity of various countries.
World Environment:
According to McKinsey's research, the global fastener market size is expected to exceed US$120 billion by 2025, with a compound annual growth rate of 5.8%. The Asia-Pacific region, with the explosive growth of new energy vehicles, intelligent manufacturing, and renewable energy, accounts for 70% of the global new demand. Among them, China has continued to consolidate its position as a manufacturing center with a capacity of 45% of the world's total, with exports exceeding 18 billion U.S. dollars in 2024, and the proportion of high-value-added products such as anti-loosening bolts for photovoltaic brackets and special connection parts for integrated die-casting of new energy vehicles has risen to 28%.

In the context of the increasingly prosperous era of new production capacity, Hengcheng knows the importance of consolidating its own hard power, and is accelerating the strengthening of factory management, sales, technological innovation and other aspects, after all, "iron needs to be hard itself." Hengcheng looks forward to working with partners to explore market opportunities and create a green future together.