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2021

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Current status of the mold industry development


Molds, known as the "mother of industry," are processing tools that process raw materials, giving them complete configurations and precise dimensions. They are mainly used for the efficient mass production of related components in industrial products. The market size of the domestic mold industry: plastic molds account for a significant proportion of the total mold sales in the country, approximately 45%; stamping molds account for about 37%; casting molds account for about 9%; and other types of molds make up about 9%.

Molds, known as the "mother of industry," are processing tools that process raw materials, giving them complete configurations and precise dimensions. They are mainly used for the efficient mass production of related components in industrial products.

Domestic mold industry market size:

Plastic molds account for a large proportion of the total mold sales in the country, approximately 45%; stamping molds account for about 37%; casting molds account for about 9%; other types of molds make up about 9% in total.

Domestic mold industry import and export situation:

Since 2010, China's mold industry has achieved a trade surplus, with the surplus amount increasing year by year, showing a good development trend and a relatively reasonable structure.

As the focus of mold manufacturing shifts from developed countries to developing countries represented by China, the domestic mold manufacturing industry has grown rapidly, but this has also intensified competition within the industry. The Yangtze River Delta and Pearl River Delta are China's two major mold manufacturing bases and distribution centers, where competition is intensifying. Among them, foreign-funded enterprises account for 35.98% of the number, 47.19% of revenue, and 56.05% of profits, playing an extremely important role in the competition of China's mold manufacturing industry.

The future development of the mold industry will pay more attention to the transformation of efficiency and quality manufacturing: a quality data-driven manufacturing flow will run through design, manufacturing, and feedback manufacturing in mold enterprises. Under the framework of quality control, it will integrate enterprise information flow, capital flow, and logistics to achieve horizontal and vertical integration of efficiency and quality;

Utilizing refinement, knowledge-based approaches, and specialization to achieve value-added efficiency; software technology enhances the application value of hardware equipment to realize value addition and efficiency improvement; sharing data with customers and management to improve resource efficiency, operational efficiency, research and development; efficiency.

The Chinese mold industry faces both opportunities and adjustments. The long-term development of the future mold industry still relies on technological progress to enhance international competitiveness and strengthen technical innovation research and development for mold products.

 

Mold

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