Mold refers to the various molds and tools used in industrial production to produce products by injection molding, die casting or forging. Mold is the basic process equipment for industrial production and is called the “mother of industryâ€. According to statistics, 75% of roughing industrial product parts and 50% of finished parts need to be molded by molds, and most plastic products are also molded by molds.
According to the different materials, the mold can be divided into metal molds and non-metal molds. The metal molds mainly include casting molds and stamping molds, and the non-metal molds are mainly plastic molds. Plastic molds and stamping dies are the main types of molds. In 2010, the market size reached 63 billion and 52 billion respectively, accounting for 45% and 37% of the mold industry respectively. Plastic molds are mainly used for press forming of plastic products, and stamping molds are mainly used for cold stamping of metal materials.
Since 2000, thanks to the rapid development of the downstream automotive, electronics and plastic products industries, China's mold industry has made considerable progress. The industry revenue of the mold industry has grown rapidly from 14 billion yuan in 2003 to 140 billion yuan in 2010, an increase of 10 times in 8 years, and the average annual growth rate is over 28%. The financial crisis only slowed the growth rate of the industry to 12.5%, which is still far higher than the growth rate of GDP. It shows that the development momentum of China's mold industry is very strong.
According to Luo Baihui, secretary general of the International Model Association, mold production is the last link in the industry chain of the mold industry, and it is also the most direct link with the downstream industry. Benefiting from the increase in downstream demand, China's mold industry revenue in 2010 reached 140 billion yuan, an increase of 28%. In addition, in 2010, China imported about 2 billion US dollars of molds, these molds are almost all high-tech molds represented by large, precise, complex, long life, the external dependence of this part of the mold is more than 40%. It can be seen that the amount of imported molds in the past five years is very stable, indicating that China's demand for high-tech molds is very rigid. At the same time, with the improvement of China's mold production competitiveness, China's mold exports accelerated, in 1999 the export scale was only 130 million US dollars, in 2010 reached 2.2 billion US dollars, the average annual compound growth rate reached 29%.
In 2010, China's mold industry achieved a surplus of 130 million US dollars for the first time. It is expected that the export growth rate will continue to be higher than the import growth rate in the future, and the scale of the surplus will continue to expand.
According to the different materials, the mold can be divided into metal molds and non-metal molds. The metal molds mainly include casting molds and stamping molds, and the non-metal molds are mainly plastic molds. Plastic molds and stamping dies are the main types of molds. In 2010, the market size reached 63 billion and 52 billion respectively, accounting for 45% and 37% of the mold industry respectively. Plastic molds are mainly used for press forming of plastic products, and stamping molds are mainly used for cold stamping of metal materials.
Since 2000, thanks to the rapid development of the downstream automotive, electronics and plastic products industries, China's mold industry has made considerable progress. The industry revenue of the mold industry has grown rapidly from 14 billion yuan in 2003 to 140 billion yuan in 2010, an increase of 10 times in 8 years, and the average annual growth rate is over 28%. The financial crisis only slowed the growth rate of the industry to 12.5%, which is still far higher than the growth rate of GDP. It shows that the development momentum of China's mold industry is very strong.
According to Luo Baihui, secretary general of the International Model Association, mold production is the last link in the industry chain of the mold industry, and it is also the most direct link with the downstream industry. Benefiting from the increase in downstream demand, China's mold industry revenue in 2010 reached 140 billion yuan, an increase of 28%. In addition, in 2010, China imported about 2 billion US dollars of molds, these molds are almost all high-tech molds represented by large, precise, complex, long life, the external dependence of this part of the mold is more than 40%. It can be seen that the amount of imported molds in the past five years is very stable, indicating that China's demand for high-tech molds is very rigid. At the same time, with the improvement of China's mold production competitiveness, China's mold exports accelerated, in 1999 the export scale was only 130 million US dollars, in 2010 reached 2.2 billion US dollars, the average annual compound growth rate reached 29%.
In 2010, China's mold industry achieved a surplus of 130 million US dollars for the first time. It is expected that the export growth rate will continue to be higher than the import growth rate in the future, and the scale of the surplus will continue to expand.
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