The development of the spring industry:
Transportation market, including for the automotive, motorcycle, diesel and railway industries to provide supporting and maintenance parts spring, this is the spring industry is currently the most important and promising market, sales close to 40% of the industry, only automotive suspension spring demand of 7 million pieces, valve spring 100 million pieces (including motorcycle, diesel engine manufacturing), stability rod 1.2 million.
Spring support hanger daily necessities industry and hardware industry such as lighters, toys, locks, door hinges, fitness equipment, mattresses, sofas and so on, in terms of quantity, the largest demand for spring, tens of billions of pieces, technical requirements are not high, the price is very low, generally scattered throughout the country small spring factory production, they have a unique cost advantage, large spring factory difficult to compete with them. In recent years, the domestic market demand for daily metal products, led to the growth of supporting springs, and thus from time to time triggered the birth of new spring enterprises, in the future, market demand will grow at a rate of 7% to 10% per year. After China’s accession to the WTO, the export volume of daily hardware products increased significantly, and the demand for spring was driven, but the international market was affected by the demand and trade barriers of the international market.
The demand for spring hangers in industrial and mineral products. This market from spinning machine rocker spring to chemical spring, power station switch, support hanger spring, bulldozer spring and so on, covering in addition to the transportation industry outside the industrial sector, product materials, technical requirements, process is very different, the demand for spring and market demand for production materials, infrastructure project scale is proportional. In previous years by the impact of industrial structure, the market has been in a state of wandering, recently rebounded, but still not out of the adjustment trend.
Instruments and electronic electrical springs, typical products such as brush spring, switch spring, camera spring, computer keyboard spring, instrument accessory spring, such springs in the reed, alien reed a lot, different product materials and technical requirements are very different. In previous years, domestic instrumentation, electronics, electrical appliances industry by the impact of imported products, generally depressed, for its supporting spring manufacturers were dragged down, the recent improvement tends to recover.
Spring export market trends. According to customs statistics, China’s annual export spring in the past two years in about 22,000 tons, most of them steel spring, coil spring only a small part of the product structure to daily metal spring-based, destination for Hong Kong and Taiwan.
Mold springs, auto parts springs have a small number of exports to Japan, Europe and the United States, Southeast Asia market, but did not really enter the OEM support. Recently, some U.S. auto companies in order to reduce costs, including springs, automotive parts procurement to China, and complement the action, last year, China Spring Factory and Ford of the United States signed a supporting contract, creating a Chinese spring factory and Ford S. signed a supporting contract, creating a precedent for Chinese spring into the U.S. OEM supporting market. With the establishment of China’s manufacturing power status and the improvement of the level of spring industry technology and product quality, spring export market prospects are wide.