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Which industries are molds widely used in?

        The application of mould in automobile industry

        The development of the automobile mold industry is closely related to the development of the automobile industry. The steady and rapid development of the automobile industry will greatly promote the development of the automobile mold industry. Molds are consumables with large consumption. More than 90% of parts in the automobile industry are molded by molds. At the same time, cold working, hot working and plastic molds are used. In general, the manufacture of an ordinary car itself requires about 1500 moulds, of which there are nearly 1000 stamping moulds and over 200 interior moulds.

        According to the estimation of professional institutions, automobile molds account for about 1/3 of the market share of the mold industry. According to the statistical data of the National Bureau of Statistics, the sales income of automobile molds in China in 2017 was 266.342 billion yuan, according to which the market scale of automobile molds in China was estimated to reach 88.8 billion yuan in 2017. By 2023, China's automobile production will reach nearly 41.82 million units, with an average annual growth rate of about 6.0%, while the demand for automobile molds will reach about 500 tons.

        Application of mould in consumer electronics industry

        With the increasing improvement of people's consumption level, the demand for consumer electronic products continues to expand, product upgrading is accelerated, and the market scale of consumer electronic products continues to grow, driving the rapid development of mold related industries. In 2015 alone, the global consumer electronics market, driven by the rapid growth of smartphones, tablets, personal computers and other terminal devices, reached nearly 790 billion euros, up 1.5% from the previous year, according to the data.

        The continuous growth of China's electronic information industry has formed a relatively complete product category manufacturing system and industrial supporting base. According to the National Bureau of Statistics, the sales revenue of China's electronic information industry reached 15.4 trillion yuan in 2015, an increase of more than 10.4 percent. China's large-scale electronic information manufacturing industry achieved sales output value of 11.32946 billion yuan, with a year-on-year growth of 9.0%. The output of mobile phones, integrated circuits and other major products reached 1.81 billion and 108.72 billion respectively, up 7.8 percent and 7.1 percent year-on-year. Mobile phones, personal computers, tablets and other consumer electronics accounted for more than 50% of global output, firmly occupying the world's first position. During the period of the 13th Five-Year Plan, the demand for molds in the consumer electronics industry will continue to rise steadily.

        Application of mould in home appliance industry

        With the increasing improvement of living standards, the demand for household appliances in China maintains steady and rapid development. According to the data, from 2011 to 2016, the main business income of China's home appliance industry increased from 11.101.575 billion yuan to 1.460560 billion yuan, with a compound annual growth rate of 5.80%. The total profit of the industry increased rapidly from 51.162 billion yuan to 119.69 billion yuan, with a compound annual growth rate of 18.53%.

        China's home appliance industry has formed a complete independent supporting system of components and built a complete upstream and downstream industry chain. Most parts of home appliance products rely on mold injection molding, and industrial cluster provides a good external environment for mold industry, home appliance industry and other related industries to form a linkage effect. Experts predict that, with the gradual development of home appliance products towards intelligent, personalized and lightweight direction, the speed of updating and iteration of home appliance products is obviously accelerated, and the market of home appliance industry will maintain a stable growth trend in the future.