China's Mold Industry Ushered In New Opportunities For Development

Oct 16, 2018 Leave a message

                 China's mold industry ushered in new opportunities for development

   China's mold industry has made a great breakthrough.In the process of the development of the mold industry, China's market has been focusing on innovation and development, strengthening technical exchanges with developed countries, greatly improving the strength of China's mold industry and the market competitiveness of mold enterprises.At the same time, the basic pattern of China as a big manufacturing country will not change, and the pace to become a strong manufacturing country will not stop, and the transformation and upgrading will be accelerated instead.This complex and changeable economic situation just provides the stage for mould development.

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   The total output value of China's mold industry will exceed 2 trillion yuan by 2015.With the transfer of manufacturing industry from developed countries to China, China's mold industry is facing a new round of development opportunities.Although in recent years domestic mold export has been increasing, the level of international competitiveness has also been improved.However, most of them are concentrated in the middle and low grade areas. Due to the low technical level and added value of the molds, some of the high-precision molds are still dependent on imports. Therefore, the domestic mold manufacturing industry should strengthen integration in various fields.

   The implementation of the strategy of expanding domestic demand will promote the development of China's manufacturing industry.Among them, the development of automobile, household appliances, IT industry, packaging, building materials and daily necessities will still provide large market space for the development of molds.For example, more than 90% of automobile manufacturing processes use molds, and automobile related molds have accounted for nearly one-third of China's total molds, and more than 40% in Germany, Japan and the United States. The development of automobile molds mainly depends on the introduction of new models.Over 90% of plastic products are formed by molds, so plastic molds account for 45% of China's total molds. In 2012, China's plastic products were close to 60 million tons, and their annual growth was 15% to 20%.

   To launch mould products with independent intellectual property in related industries.At present, China's mold industry has absorbed advanced experience, advanced technology and high-level talents of foreign mold manufacturing by introducing foreign capital, and the design and manufacturing level of China's mold has been greatly improved.We will vigorously strengthen independent innovation. In transforming growth patterns and optimizing industrial structure, all industries need more high-level mold and mechanical equipment, which will provide broad space for the development of the mold industry.More importantly, the implementation of the 12th five-year plan, as well as the development policies of emerging strategic industries, regional development planning and the revitalization of equipment manufacturing will provide new growth points for the mold industry.

   Due to the manufacturing cost in foreign industrial developed countries, the demand of medium and low grade molds, including some medium and high end moulds, is mainly solved through external procurement.China's mold level and export capacity can fully meet the needs, so the mold export market space is huge.At present, China's mold industry has formed a number of distinctive mold industry cluster production bases, providing a platform for the scientific development of mold enterprises, and the innovation capacity of enterprises is also constantly improved, with multiple independent intellectual property rights, China's mold enterprises will have strong competitiveness in the future.