Strong domestic mold demand

In recent years, the proportion of plastic molds in the entire mold industry is about 30%. It can be said that the development is fast and the prospects are relatively good. According to statistical data from related industries, the output of plastic products in China is close to 60 million tons in 2012, and it is still In the process of continuous growth, it can be seen that domestic demand has a tremendous impetus for China's mold industry.

Affected by various national policies and continuous expansion of market space, the automotive, IT industry, packaging and other industries have witnessed rapid development in recent years. Not only have there been great developments in productivity, but also in the high-end aspects of these industries. With great progress, therefore, the aforementioned industries have strong mold demand in the three aspects of high school and low end. More than 90% of automotive manufacturing processes use molds. More than 90% of plastic products are molded by molds. Many plastic parts of the IT industry also need to be molded by molds. Luo Baihui believes that these inherent needs are continuing to promote the mold industry in China. development of. At present, the plastic mold industry is growing at an annual rate of 15% to 20%, which is mainly due to the development of large-user mold industries such as automobiles, home appliances, IT industry, packaging, building materials, and daily necessities in China.