Metal mold industry to accelerate the development process

Although the global economic situation in 2013 is still not optimistic, the trend of slow recovery has become apparent. China's mold industry has a number of positives this year, and the development process may accelerate.

1. The implementation of the strategy of expanding domestic demand will promote the development of China's manufacturing industry. Among them, the development of large-user mold industries such as automobiles, home appliances, IT industry, packaging, building materials, and daily necessities will continue to provide a large market space for the development of the mold industry. For example, more than 90% of auto manufacturing processes use molds, automotive-related molds already account for more than one-third of China's total mold, Germany, Japan, and the United States account for more than 40%, and the development of auto molds relies on the launch of new models; Plastics More than 90% of the products are molded by molds. Therefore, the plastic molds account for 45% of China's total molds. China's plastic products are close to 60 million tons in 2012, and annual growth is 15% to 20%.

2. Industrial advanced countries Due to manufacturing costs and other reasons, the demand for middle and high-end molds, including some mid- to high-end molds, is mainly resolved through external procurement. China's mold level and export capacity can fully meet the needs, so the mold export market is huge.

3. After 30 years of development, the system of China's mold industry is basically complete, the level of technology has been greatly improved, and the ability to operate and manage has continued to improve. Looking forward to 2013, it is certain that the mold industry will grow by 10% by accelerating the transformation and upgrading, enhancing the ability to innovate, and improving the product level. At the same time, due to the fact that China’s molds still have a comparative advantage in the international market, it is still possible that the annual growth rate of exports will reach around 20%.