Hardware industry structure changes, the automotive market drives China's mold manufacturing industry

With the rapid development of China's national economy, all walks of life go hand in hand, and the hardware industry closely related to it will undergo tremendous changes. Among them, the changes and progress in the two aspects of industrial structure and technology trend are prominent features. In terms of industrial structure, the number of professional die-casting plants and stamping plants will increase and the scale will gradually increase, and some will extend its subsequent processing services; die-casting enterprises will show a trend of mutual merger, joint and attachment; joint ventures, foreign investment, Die-casting companies in the form of joint ventures and joint stocks will increase; some die-casting and stamping plants will consider joining the fleet-based purchasing company and becoming a member of the intensive package of suppliers/manufacturers/contractors.

According to Luo Baihui, secretary general of the International Model Association, at present, the annual production capacity of the domestic automotive stamping die industry is only 8 billion to 9 billion yuan, while the demand for molds in the Chinese automotive market has reached more than 20 billion yuan. The rapid development of China's automobile industry has placed increasing demands on the mold industry and provided tremendous impetus for its development.

“China's mold industry has entered a period of rapid development. In the past 10 years, the mold industry has been growing at a rate of 15% per year.” Luo Baihui believes that the huge potential of the Chinese automobile market has brought a broader development for automotive molds. Development space.

During the 11th Five-Year Plan period, the national vehicle's characteristic characteristics of the vehicle (restricting imports and local production of key parts) also increased the opportunity for mold companies to produce molds for car exterior parts. Luo Baihui pointed out that in this industry background, how to seize the opportunity and respond to the market, it depends on which company is stronger in technical strength, better in product quality, and higher in enterprise competitiveness.

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