Development of Domestic Precision Casting Industry and Mold Market-Union Max Casting

Development of Domestic Precision Casting Industry and Mold Market

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Development of Domestic Precision Casting Industry and Mold Market



according to relevant media reports, in recent years, with the domestic precision casting industry and mold market develop and improve the machine tool industry closely related to it. According to this market, develop and produce related vertical and gantry machining centers, CNC lathes, it has greatly improved the accuracy and depth of this industry, and completed the coherence and cooperation between industries with good quality and quantity.

As China's economy continues to grow, the machine tool industry will maintain high growth and drive casting. With the development of mold manufacturing industry, the precision casting mold market is extremely active. Due to the low production cost of molds in my country, with the improvement of mold manufacturing technology and the improvement of quality. Not only can we reduce the import of molds, but also it is possible to gradually open up foreign markets, and the export of molds will have a great development.


In recent years, China's mold industry to average the speed of more than 15% is growing rapidly, far higher than the country the average value-added of the family's GDP. Among them, precision casting molds account for about 5% of the total output value of all kinds of molds, with an annual growth rate of up to 25%. Secretary-General of the International Model Association luo Baihui pointed out that at present, China's automobile and motorcycle industry has entered a period of rapid growth, and the output has increased by a large margin for many years in a row. Especially with precision casting manufacturing industry closely related cars are growing faster, increasing the demand for complex and precision casting molds. As an important support of precision casting industry-casting mold industry has broad prospects. It is expected that the domestic automobile industry will still be the main driving force of the casting mold industry in the next few years.


"During the Eleventh Five-Year Plan period, China's precision casting mold industry has gradually integrated into world trade integration. Among them, the degree of commercialization of molds has increased significantly." Experts say,"12th Five-Year Plan during this period, we should continue to promote industry management, establish a fair and reasonable casting mold price system, and further standardize the mold market." To improve the design and manufacturing level of casting molds, mainly including: 1. Develop high-speed processing technology, improve surface treatment technology, improve the standardization level of casting molds and expand the scope of use of standard parts; 2. Improve the integration level of process and tooling design; 3. Improve the design and manufacturing level of large, precise, complex and long-life molds.

2011 the total output value of China's machinery industry still increased by 25% over the 2010 and the profit increased by 21% over the previous year, the above growth rate dropped by 8% and 30% respectively over the 2010. Since 2011, the growth rate of China's machinery industry has dropped significantly, which shows that the period of rapid economic growth in China has gradually passed, in the future, the whole industry must adapt to the trend of market demand from "quantity" to "quality. However, Andrew Precision Casting Co., Ltd. believes that as long as the industry accelerates transformation and upgrading, the prospects will still be bright. It is expected that the production and sales of China's mold industry can still achieve steady growth this year.


The huge import and export deficit shows that the demand for China's mold products still exists objectively and will still rapid growth, if China's precision casting industry can transform excess mid-and low-end capacity into "high-end" capacity that meets demand, especially in the areas of basic products such as functional components and CNC systems, to shorten the gap, the competitiveness of China's precision casting industry will be significantly improved.

Created on:2021年5月28日 10:14
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