China Business Intelligence Network News: As an industrial support, the development level of molds is affected by the development of downstream industries such as automobiles, electronics, aerospace, military, medical, and building materials. The data shows that in 2019, the sales revenue of enterprises above designated size in my country's mold industry will reach 272.7 billion yuan. The China Business Industry Research Institute predicts that the sales revenue of enterprises above designated size in my country's mold industry will reach 281.6 billion yuan in 2020.

Source: Wind, compiled by China Business Industry Research Institute.

In recent years, China's mold industry through the introduction of technology, digestion and absorption and re-innovation, to achieve a rapid increase in the manufacturing process, mold enterprises specialized production capacity greatly enhanced, the basic formation of the modern mold industry system, the industry has been a leap-forward development. The manufacturing technology of mold products has reached or approached the international level, the quality is more reliable, and the international competitiveness is significantly enhanced. my country's molds occupy an increasingly important position in the international procurement pattern. Data show that in 2019, China's mold exports reached $6.246 billion billion, and in 2019, China's mold imports amounted to $1.939 billion billion, down 9.37 percent year-on-year.

Source: China Model Association, China Business Industry Research Institute.

Among all mold types, plastic rubber mold is the largest mold import and export variety in China. Data show that in 2019, China's plastic rubber mold export value reached 3.967 billion billion U.S. dollars, accounting for more than 60% of the total mold import and export in the same period, reflecting China's automotive mold and home appliance mold products in the world has a strong competitiveness. The import amount of plastic rubber molds is 0.87 billion US dollars, accounting for more than 44.89 percent of the total mold imports, indicating that there is still a large import substitution space for plastic rubber molds in China.

Development trend of mould industry

(1) Digital mold technology gradually promote the application

Digital mold technology has been gradually applied to mold design and manufacturing in China. In recent years, the strong domestic mold enterprises have begun to apply digital mold technology to mold development, design, manufacturing and testing, which has improved the reliability of mold design, shortened the mold development cycle, and achieved good economic benefits. It is expected that digital mold technology will gradually become the mainstream technology of mold manufacturing, and be adopted by more mold enterprises.

(2) Laser rapid prototyping technology used in mold manufacturing

Compared with the traditional molding process, laser rapid prototyping technology has the advantages of high utilization rate of raw materials (close to 100%), complex structure, easy integration and intelligence, and is an ideal molding process for molds. At present, there are laser laminated manufacturing technology LOM, selective laser sintering technology SLS and other laser forming processes have been successfully applied to mold manufacturing. Laser rapid prototyping technology has broad application prospects in automobile mold manufacturing, and it is one of the important development directions of mold forming technology.

(3) Information and scientific management

The informationization and scientization of management is an important aspect of the development of automobile mold technology, which promotes the mold enterprises to develop in the direction of on-time manufacturing and production. With the progress of modern management technology, many reliable information management tools, including enterprise resource management system ERP, manufacturing execution system MES, product life cycle management PLM and other information management workers in the mold enterprises continue to be applied. Through process optimization, efficient use of resources and implementation enhancement, improve mold production efficiency and enterprise management efficiency, make production more accurate and efficient.

For more information, please refer to the "Research Report on Market Prospect and Investment Opportunities of China's Mould Industry" released by the China Business Industry Research Institute. At the same time, the China Business Industry Research Institute also provides services such as industrial big data, industrial intelligence, industrial research reports, industrial planning, park planning, 14th Five-Year Plan, industrial investment promotion and other services.