Automotive mold market

  Will promote the development of the domestic mold industry

  At present, the annual production capacity of the domestic automotive stamping die industry is only 8 billion to 1 billion yuan, while the demand for molds in China's automotive market has reached more than 20 billion yuan. The rapid development of the domestic automobile industry has put higher and higher requirements on the mold industry, and has also provided great momentum for its development. China's mold industry has entered a period of rapid development. In the past 10 years, the mold industry has been developing rapidly at a 15% annual growth rate. The huge potential of China's automobile market has brought a broader development space for the development of automobile molds. In recent years, the policy of vehicle characteristics (restricted imports, local production of key parts) promulgated by the state has also increased opportunities for domestic mold companies to produce car exterior cover molds. Relevant industry experts pointed out that in this industry background, how to seize opportunities and respond to the market depends on which company is stronger in technical strength, product quality, and enterprise competitiveness. In the future, the automotive market will still be a strong driving force for the development of the domestic mold industry.