Industrial Fasteners in China

Demand for industrial fasteners in China will rise 10.7 percent annually through 2013, driven mainly by rapid growth in the production of industrial machinery and motor vehicles. Externally threaded fasteners will remain dominant and lead gains among standard types, while aerospace-grade fasteners grow the fastest overall from a small base.

This study analyzes the 44.7 billion yuan industrial fastener industry in China. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., externally threaded, internally threaded, nonthreaded, aerospace-grade) and market (e.g., OEM, construction, MRO).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry participants, including Gem-Year Industrial, Changshu Standard Parts and Dongfeng Motor.

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TABLE OF CONTENTS SECTION PAGE INTRODUCTION viii I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4 General 4 Economic Overview 5 Recent Economic Performance 5 Economic Outlook 9 Currency Exchange 12 Demographic Overview 16 Industrialization & Manufacturing Trends 19 Fastener Market Trends 21 Technology & Quality Trends 25 Legal & Regulatory Environment 29 Pricing Patterns 31 International Environment 32 World Outlook 33 Foreign Trade 35 III. PRODUCTS 38 Supply & Demand 38 Standard Fasteners 41 Externally Threaded 44 Screws 46 Bolts 47 Other 48 Internally Threaded 49 Nuts 50 Other 51 Nonthreaded 52 Washers 54 Rivets 55 Other 56 Aerospace-Grade Fasteners 57 Externally Threaded 61 Internally Threaded 62 Nonthreaded 63 IV. MARKETS 65 General 65 Original Equipment Manufacturing 67 Industrial Machinery 69 Industry Outlook 70 Fastener Market 72 Motor Vehicles 73 Industry Outlook 74 Fastener Market 76 Electrical & Electronic Products 78 Industry Outlook 79 Fastener Market 81 Furniture & Wood Products 83 Industry Outlook 84 Fastener Market 85 Fabricated Metal Products 86 Industry Outlook 87 Fastener Market 88 Aerospace 90 Industry Outlook 90 Fastener Market 91 Other OEM Applications 93 Construction 95 Sector Outlook 96 Fastener Market 99 Maintenance/Repair/Operations 101 Industrial MRO 103 Sector Outlook 103 Fastener Market 105 Service MRO 106 Sector Outlook 107 Fastener Market 108 Public/Institutional MRO 109 Sector Outlook 110 Fastener Market 111 V. INDUSTRY STRUCTURE 113 General 113 Industry Composition 114 Market Share 116 Product Development & Manufacturing 119 Marketing & Distribution 120 Financial Issues & Requirements 122 Foreign Participation in the Chinese Market 123 Legal & Regulatory Issues 124 Joint Ventures 126 Wholly-Owned Foreign Enterprises 128 Representative Offices 129 Company Profiles 130 Acument Global Technologies Incorporated 131 Arnold Fasteners Shenyang, see Wuerth (Adolf) Atlas Bolt & Screw Company, see Berkshire Hathaway Berkshire Hathaway Incorporated 134 Black & Decker Corporation 137 Bossard Holding AG 140 Changshu Standard Parts Factory 141 China Aviation Industry Standard Parts Manufacturing Company Limited 142 China FAW Group Corporation 143 Chun Yu Works & Company Limited 144 Dongfeng Motor Corporation 145 Emhart Teknologies LLC, see Black & Decker Gem-Year Industrial Company Limited 147 Hilti AG 148 Illinois Tool Works Incorporated 149 Jiangsu Xin Chang Jiang Group Company 152 Jiangyin Standard Component Factory, see Jiangsu Xing Chang Jiang Group Jiaxing Brother Fastener Company Limited 153 Marmon Group LLC, see Berkshire Hathaway Ningbo Anchor Fasteners Industrial Company 154 Ningbo Eastport Fastener Manufacturer Company 155 Ningbo Jinding Fastening Piece Company Limited 156 Ningbo Ningli High-Strength Fastener Company 157 Ningbo Yonggang Fastener Company Limited 158 Ningbo Yonghong Fasteners Company Limited 159 Ningbo Zhonglian Fastener Manufacture Company 160 NYLOK Shanghai Company, see Berkshire Hathaway Park-Ohio Holdings Corporation 162 PSM International Limited 164 Qunli Group 165 RB&W Manufacturing, see Park-Ohio Holdings Robertson Incorporated, see Berkshire Hathaway Shandong Gaoqiang Fastener Company Limited 166 Shanghai Dongfeng Auto Fastener, see Dongfeng Motor Shanghai Prime Machinery Company Limited 167 Shanghai Shangbiao Group Fasteners Company 169 Shanghai Tianbao Fastener Manufacturing Company 170 Shenzhen Aero Fasteners Manufacturing Company 171 Spiralock Shanghai Trading Company, see Black & Decker Supply Technologies International Trading Shanghai, see Park-Ohio Holdings SWG Fasteners Shanghai Company, see Wuerth (Adolf) Taiwan Self-Locking Fasteners Industry Company Limited, see Berkshire Hathaway Tenglong Group 172 Tong Hwei Enterprise Company Limited 173 Tong Ming Enterprise Jiaxing Company, see Tong Hwei Enterprise WASI Tianjin Fastener Company, see Wuerth (Adolf) Wuerth (Adolf) GmbH & Company KG 175 Zhejiang New Oriental Fastener Company Limited 177 Zhejiang Zhapu Industrial Company Limited 178 Other Companies Mentioned in the Study 179 LIST OF TABLES TABLE NUMBER PAGE SECTION I -- EXECUTIVE SUMMARY Summary Table 3 SECTION II -- MARKET ENVIRONMENT 1 Gross Domestic Product of China 12 2 Chinese Currency Exchange Rates, 1998-2008 15 3 Population of China by Age 18 4 Manufacturing Value-Added in China 21 5 Industrial Fastener Market in China, 1998-2008 24 6 Industrial Fastener Pricing in China 32 7 World Industrial Fastener Demand by Region 35 8 Chinese Foreign Trade in Industrial Fasteners 37 SECTION III -- PRODUCTS 1 Industrial Fastener Supply & Demand in China 41 2 Standard Fastener Supply & Demand in China 43 3 Externally Threaded Standard Fastener Demand in China 46 4 Internally Threaded Standard Fastener Demand in China 50 5 Nonthreaded Standard Fastener Demand in China 54 6 Aerospace-Grade Fastener Supply & Demand in China 60 7 Externally Threaded Aerospace-Grade Fastener Demand in China 62 8 Internally Threaded Aerospace-Grade Fastener Demand in China 63 9 Nonthreaded Aerospace-Grade Fastener Demand in China 64 SECTION IV -- MARKETS 1 Industrial Fastener Demand in China by Market 66 2 OEM Industrial Fastener Demand in China by Segment 68 3 Industrial Machinery Production in China by Type 71 4 Industrial Machinery Fastener Demand in China by Machinery Type 73 5 Motor Vehicle Park & Production in China 76 6 Motor Vehicle Fastener Demand in China by Segment 78 7 Electrical & Electronic Product Production in China by Type 81 8 Electrical & Electronic Product Fastener Demand in China by Segment 83 9 Furniture & Wood Product Production in China by Segment 85 10 Furniture & Wood Product Fastener Demand in China by Segment 86 11 Fabricated Metal Product Production in China by Type 88 12 Fabricated Metal Product Fastener Demand in China by Segment 89 13 Aerospace Equipment Production in China by Type 91 14 Aerospace Equipment Fastener Demand in China by Segment 93 15 Other OEM Industrial Fastener Demand in China by Segment 95 16 Construction Expenditures in China 99 17 Construction Sector Fastener Demand in China by Segment 101 18 MRO Industrial Fastener Demand in China by Segment 103 19 Selected Industrial Sector Revenues in China by Type 104 20 Industrial Sector MRO Fastener Demand in China by Segment 106 21 Selected Service Revenues in China by Type 107 22 Service Sector MRO Fastener Demand in China by Segment 109 23 Government Spending & Investment in China by Type 110 24 Public/Institutional Sector MRO Fastener Demand in China by Segment 112 SECTION V -- INDUSTRY STRUCTURE 1 Revenue Data: Selected Industrial Fastener Companies, 2008 115 LIST OF CHARTS CHART NUMBER PAGE SECTION II -- MARKET ENVIRONMENT 1 Chinese Currency Exchange Rates, 1998-2008 15 2 Population of China by Age, 1998-2018 18 3 Industrial Fastener Market in China, 1998-2008 24 SECTION III -- PRODUCTS 1 Standard Fastener Demand in China by Type, 2008 44 2 Aerospace-Grade Fastener Demand in China by Type, 2008 61 SECTION IV -- MARKETS 1 Industrial Fastener Demand in China by Market, 2008 67 2 OEM Industrial Fastener Demand in China by Segment, 2008 69 SECTION V -- INDUSTRY STRUCTURE 1 Industrial Fastener Market Share in China by Company, 2008 116

Industrial Fasteners in China

Purchase Industrial Fasteners in China by the Section

Industrial Fasteners in China

1 INTRODUCTION

2 EXECUTIVE SUMMARY

Table | INDUSTRIAL FASTENER DEMAND IN CHINA (billion yuan)

3 MARKET ENVIRONMENT

3.1 General

3.2 Economic Overview

3.2.1 Recent Economic Performance

3.2.2 Economic Outlook

Table | GROSS DOMESTIC PRODUCT OF CHINA

3.2.3 Currency Exchange

Table | CHINESE CURRENCY EXCHANGE RATES, 1998-2008 (Chinese yuan per foreign currency)

3.3 Demographic Overview

Table | POPULATION OF CHINA BY AGE (million persons)

3.4 Industrialization & Manufacturing Trends

Table | MANUFACTURING VALUE-ADDED IN CHINA (billion yuan)

3.5 Fastener Market Trends

Table | INDUSTRIAL FASTENER MARKET IN CHINA, 1998 - 2008

3.6 Technology & Quality Trends

3.7 Legal & Regulatory Environment

3.8 Pricing Patterns

Table | INDUSTRIAL FASTENER PRICING IN CHINA (yuan per kilogram)

3.9 International Environment

3.9.1 World Outlook

Table | WORLD INDUSTRIAL FASTENER DEMAND BY REGION (million US dollars)

3.9.2 Foreign Trade

Table | CHINESE FOREIGN TRADE IN INDUSTRIAL FASTENERS (million yuan)

4 PRODUCTS

4.1 Supply & Demand

Table | INDUSTRIAL FASTENER SUPPLY & DEMAND IN CHINA (million yuan)

4.2 Standard Fasteners

Table | STANDARD FASTENER SUPPLY & DEMAND IN CHINA (million yuan)

4.2.1 Externally Threaded

Table | EXTERNALLY THREADED STANDARD FASTENER DEMAND IN CHINA (million yuan)

4.2.2 Internally Threaded

Table | INTERNALLY THREADED STANDARD FASTENER DEMAND IN CHINA (million yuan)

4.2.3 Nonthreaded

Table | NONTHREADED STANDARD FASTENER DEMAND IN CHINA (million yuan)

4.3 Aerospace-Grade Fasteners

Table | AEROSPACE-GRADE FASTENER SUPPLY & DEMAND IN CHINA (million yuan)

4.3.1 Externally Threaded

Table | EXTERNALLY THREADED AEROSPACE-GRADE FASTENER DEMAND IN CHINA (million yuan)

4.3.2 Internally Threaded

Table | INTERNALLY THREADED AEROSPACE-GRADE FASTENER DEMAND IN CHINA (million yuan)

4.3.3 Nonthreaded

Table | NONTHREADED AEROSPACE-GRADE FASTENER DEMAND IN CHINA (million yuan)

5 MARKETS

5.1 General

Table | INDUSTRIAL FASTENER DEMAND IN CHINA BY MARKET (million yuan)

5.2 Original Equipment Manufacturing (OEM)

Table | OEM INDUSTRIAL FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.1 Industrial Machinery

Table | INDUSTRIAL MACHINERY PRODUCTION IN CHINA BY TYPE (billion yuan)

Table | INDUSTRIAL MACHINERY FASTENER DEMAND IN CHINA BY MACHINERY TYPE (million yuan)

5.2.2 Motor Vehicles

Table | MOTOR VEHICLE PARK & PRODUCTION IN CHINA

Table | MOTOR VEHICLE FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.3 Electrical & Electronic Products

Table | ELECTRICAL & ELECTRONIC PRODUCT PRODUCTION IN CHINA BY TYPE (billion yuan)

Table | ELECTRICAL & ELECTRONIC PRODUCT FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.4 Furniture & Wood Products

Table | FURNITURE & WOOD PRODUCT PRODUCTION IN CHINA BY SEGMENT (billion yuan)

Table | FURNITURE & WOOD PRODUCT FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.5 Fabricated Metal Products

Table | FABRICATED METAL PRODUCT PRODUCTION IN CHINA BY TYPE (billion yuan)

Table | FABRICATED METAL PRODUCT FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.6 Aerospace

Table | AEROSPACE EQUIPMENT PRODUCTION IN CHINA BY TYPE (billion yuan)

Table | AEROSPACE EQUIPMENT FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.2.7 Other OEM Applications

Table | OTHER OEM INDUSTRIAL FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.3 Construction

5.3.1 Sector Outlook

Table | CONSTRUCTION EXPENDITURES IN CHINA (billion yuan)

5.3.2 Fastener Market

Table | CONSTRUCTION SECTOR FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)

5.4 Maintenance/Repair/Operations (MRO)

Table | MRO INDUSTRIAL FASTENER DEMAND IN CHINA BY SEGMENT (million yuan)