In recent years, China's mold has been growing at an average rate of more than 15%, more than double the average value increase of China's GDP. According to the "Basic Situation of National Mold Professional Factory" compiled by the Management and Administration Committee of China Mould Industry Association, casting molds account for about 5% of the total output value of various molds, and the annual growth rate is as high as 25%. Luo Baihui, head of the International Mould and Metal & Plastics Industry Suppliers Association, believes that the reason for the rapid growth of the casting mold industry is mainly due to the rapid development of China's automobile and motorcycle industries, which has driven the rapid growth of casting mold production. As we all know, the application range of castings is very wide, almost involving all industrial fields. Among them, the castings of automobile parts are ranked first in terms of their large number, variety, strict requirements, high quality, and the amount of non-ferrous metal materials. , Accounting for the largest share of the entire foundry industry.
At present, China's automobile and motorcycle industry has entered a period of rapid growth, and its output has increased significantly for many consecutive years, ranking first in the world, especially the cars that are closely related to the foundry industry have the fastest growth. The demand for precision casting molds, as an important support for the foundry industry-casting mold industry has obtained unprecedented development opportunities. It can be predicted that in the next few years, the production of casting molds in China will still receive strong thrust mainly from the domestic automobile industry.
Compared to Southeast Asia and the Middle East and other countries, China's mold has advantages in technology, quality and price, and its export prospects are promising. When foreign-funded enterprises enter China, the re-sale and export of their molds will also become an important part of China's mold exports. Luo Baihui said that because China's mold production costs are much lower than abroad, with the improvement of mold manufacturing technology and quality improvement, not only can mold imports be reduced, but it is also possible to gradually develop the export market and export more molds to foreign countries. During the 12th Five-Year Plan period, mold imports will continue to grow in the short term, and mold exports will have great development.
In the wave of economic globalization, the international division of labor in the process of industrial development is taking shape. Based on the pressure of costs, foreign investors purchase a large number of casting parts in China, and even set up casting production bases in China. Undertake the task of manufacturing international non-ferrous metal castings and products. On the other hand, due to the unremitting efforts of our mold colleagues, China's casting mold production level and capabilities have been greatly improved, the gap between mold quality and advanced industrial countries has gradually narrowed, and low prices have driven the surge in foreign purchases. The huge overseas mold market demand The prosperity of China's mold industry plays a driving role.
The casting mold market is extremely active. As the Chinese economy continues to grow, the casting industry will maintain rapid growth and drive the development of the casting mold manufacturing industry. It is expected that there will be great room for the overall demand for casting molds in the future.
