The Development Of Plastic Molds

Mar 13, 2024

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Is the annual output value of plastic molds in China around 53.4 billion yuan? Do you believe it? Due to the rapid development of the Chinese economy, the requirements for the plastic mold industry are becoming increasingly strict, which has provided tremendous impetus for the development of the plastic mold industry. According to accurate data statistics, the annual output value of plastic molds in China reached 53.4 billion yuan, which is an existing fact.
With the rapid development of the automobile manufacturing and IT manufacturing industries, the domestic mold industry has achieved rapid development. It is understood that the proportion of plastic molds in China's mold industry can reach 30%. It is expected that in the future mold market, the proportion of plastic molds in the total number of molds will gradually increase, and the development speed will be faster than other molds.
It is reported that the mold industry has grown rapidly at a rate of 20% per year since 2000, driving the improvement of mold grade. Excellent mold manufacturing equipment provides a guarantee for the improvement of mold technology level.
Analysis suggests that due to the majority of imported molds being precision, large, complex, and long-life molds, the market share of these high-end molds will gradually increase from the perspective of reducing imports and improving localization rates. The rapid development of the construction industry has made various special-shaped extrusion molds and PVC plastic pipe joint molds a new economic growth point in the mold market. The rapid development of highways has also raised higher requirements for automotive tires. Therefore, the development of radial rubber tire molds, especially flexible molds, will also be higher than the overall average level; Replacing wood with plastic and metal with plastic has led to a huge demand for plastic molds in the automotive and motorcycle industries; The household appliance industry will have significant development during the 12th Five Year Plan period, especially with a high demand for plastic molds for spare parts such as refrigerators, air conditioners, and microwaves