New Energy Drives Fastener Industry Growth with Rising Demand for Precision Fasteners

Fast-growing new energy sectors including energy storage and new energy vehicles change the development layout of domestic fastener industry.

1. Higher procurement standards from downstream industries

New energy equipment requires fasteners with high tensile strength and corrosion resistance, greatly increasing demands for stainless steel and alloy steel fasteners.

2. Custom processing becomes mainstream development

Most manufacturers upgrade CNC equipment to produce non-standard special fasteners according to customers’ drawings.

3. Anti-corrosion surface treatment widely applied

Dacromet, hot-dip galvanizing and passivation are standard treatments for outdoor fastener products.