Mold used in industrial production for injection molding, blow molding, extrusion, die casting or forging molding, smelting, stamping and other methods to get the required products. In short, a mold is a tool used to make molding objects. This tool consists of various parts. Different molds are made of different parts. It is known as the “mother of industry” by changing the physical state of the molding material to achieve the processing of the shape of the object.
With the development of China’s industrial manufacturing, after decades of accumulation of mold manufacturing technology, mold products have been gradually applied to all walks of life, showing the development trend of horizontal and vertical depth synchronous expansion. Under the background of the improvement of mold manufacturing technology and the increasingly fierce market competition, mold products are gradually being widely used in the light industrial products which mainly represent automobile, household appliances, consumer electronics and plastic products.
Application of mold in automobile industry
The development of automobile mold industry is closely related to the development of automobile industry. The steady and rapid development of automobile industry will greatly promote the development of automobile die industry. Dies are consumables with a large amount of consumption. More than 90% of the parts in the automotive industry are molded with cold, hot and plastic molds. The average consumption of dies per 10,000 vehicles is 0.12 tons. Generally speaking, it takes about 1500 moulds to make an ordinary car, including nearly 1000 stamping moulds and more than 200 interior moulds.
According to professional institutions, automotive molds account for about one-third of the market share of the mold industry, and according to the statistics of the National Bureau of Statistics, the sales revenue of automotive molds in China in 2017 was 266.342 billion yuan, according to which the estimated size of China’s automotive mold Market in 2017 reached 88.8 billion yuan. By 2023, China’s automobile production will reach nearly 41.82 million vehicles, with an average annual growth rate of about 6.0%, and the demand for automobile molds will reach about 500 tons.
Application of mold in consumer electronics industry
With the increasing level of people’s consumption, the demand for consumer electronics products continues to expand, product renewal accelerated, consumer electronics market continues to grow, while driving the rapid development of mold-related industries. Data show that the global consumer electronics market in 2015 alone, driven by the rapid growth of smartphones, tablets, personal computers and other terminal equipment, reached nearly 790 billion euros, an increase of 1.5% over the previous year.
The continuous growth of the scale of China’s electronic information industry has formed a relatively complete product category of manufacturing system and industrial supporting basis. According to the National Bureau of Statistics, in 2015, China’s electronic information industry sales revenue reached 15.4 trillion yuan, an increase of more than 10.4%; China’s electronic information manufacturing industry above the scale of 11,329.46 billion yuan in sales output value, an increase of 9.0%. The output of mobile phones, integrated circuits and other major products reached 1.81 billion units and 108.72 billion units respectively, an increase of 7.8% and 7.1% year-on-year respectively. Consumer electronics, such as mobile phones, personal computers and tablets, account for more than 50% of global production and are firmly in the top position in the world. During the “13th Five-Year” period, the demand for mold in the consumer electronics industry will continue to show a steady upward trend.
Application of mold in household appliance industry
With the improvement of living standard, the demand of household appliances in China has been developing steadily and rapidly. According to the data, from 2011 to 2016, the main business income of the household appliance industry in China increased from 1,101.575 billion yuan to 1,460.566 billion yuan, with an annual compound growth rate of 5.80%; the total profit of the industry increased rapidly from 51.162 billion yuan to 19.69 billion yuan, with an annual compound growth rate of 18.53%.
China’s household electrical appliances industry has formed a complete independent supporting system of components, creating a complete upstream and downstream industrial chain. Most parts of household appliances depend on mold injection molding, and the industrial cluster provides a good external environment for the linkage effect of mold industry and household appliances industry. Experts predict that with the gradual development of household electrical appliances products towards intelligent, personalized and lightweight direction, the iteration rate of household electrical appliances product renewal is significantly accelerated, and the future market of household electrical appliances industry will continue to maintain a stable growth trend.
JasonMouldIndustrialCompanyLimited, https://www.jasonmolding.com/ based at GuangDong Province, China was established in 2010. The company is a leading manufacturer of injection moulding and specializes in plastic moulding for use in household appliances, electronic equipment, medical and safety equipment and monitoring systems.
Contact: JasonMould Industrial Company Limited Address: LongGang Village, LongXi Town, BoLuo County, HuiZhou City, GuangDong Province, China Phone: 86-752-6682869 Email: Info@JasonMolding.comWebsite: https://www.jasonmolding.com/