Mold Standardized parts industry market demand development prospects in 2020

The mold is called the “mother of industry”, which is a processing tool that processes raw materials and gives them a complete configuration and precise dimensions. They are mainly used for efficient and mass production of related parts in industrial products. according to different molding methods, molds can be divided into injection molds, stamping molds, die-casting molds, and forging molds; depending on the processing accuracy, molds can be Divided into ordinary precision molds and precision molds. With the development of modern industry, molds have been widely used in products such as automobiles, home appliances, consumer electronics, instrumentation, aerospace and medical equipment, among which about 60%-80% of mold parts and components require mold processing.

Industrial and Standardized Supplies for Molds and Dies

From 2005 to 2015, the global mold industry was in a steadily rising stage. By 2015, the market size had reached 115 billion US dollars. With the implementation of the industrial upgrading strategies of various countries such as “Reindustrialization of the United States”, “German Industry 4.0”, “Made in China 2025”, and “Japan Industry 4.0”, it is foreseeable that the world mold industry will continue to maintain its good development trend.

injection mold tool

injection mold tool




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