What Industries Are Molds Widely Used In?

- Jan 02, 2019-

Mold, industrial production of various molds and tools for injection molding, blow molding, extrusion, die casting or forging, smelting, stamping, etc. to obtain the desired product. In short, a mold is a tool used to make a shaped article. The tool consists of various parts, and different molds are composed of different parts. It mainly realizes the processing of the shape of the object through the change of the physical state of the formed material, and is known as the "mother of industry".


    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 vertical and horizontal depth. Under the background of the improvement of mold manufacturing technology and the increasingly fierce market competition, mold products are gradually being widely used in transportation equipment with automobile as the main representative, and light industrial products mainly represented by household appliances, consumer electronics and plastic products.


    Mold application in the automotive industry


    The development of automotive mold industry is closely related to the development of the automotive industry. The steady and rapid development of the automotive industry will greatly promote the development of the automotive mold industry. Molds are consumables, and the amount is large. More than 90% of the parts in the automotive industry are molded by molds, while cold work, hot work, and plastic molds are used. The average mold consumption per 10,000 cars is 0.12 tons. Under normal circumstances, the manufacture of a regular car itself requires about 1,500 molds, including nearly 1,000 stamping dies and more than 200 interior dies.


    According to the calculation of professional institutions, automobile molds account for about 1/3 of the market share of the mold industry. According to the statistics of the National Bureau of Statistics, the sales revenue of China's automobile molds in 2017 was 266.342 billion yuan, according to which the scale of China's automobile mold market in 2017 was measured. It reached 88.8 billion yuan. By 2023, China's automobile production will reach nearly 41.82 million, with an average annual growth rate of 6.0%, and the demand for automotive molds will reach 500 tons.


    Mold application in the consumer electronics industry


    With the increasing consumption level of people, the demand for consumer electronic products is expanding, the product upgrading is accelerating, the scale of the consumer electronics market continues to grow, and the mold-related industries are rapidly moving forward. Data show that in 2015, the global consumer electronics market, driven by the rapid growth of smartphones, tablets, PCs and other terminal devices, reached nearly 790 billion euros, an increase of 1.5% over the previous year.


    The scale of China's electronic information industry continues to grow, forming a relatively complete manufacturing system and industry supporting infrastructure. 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 above-scale electronic information manufacturing industry achieved sales value of 113,294.6 billion yuan, an increase of 9.0%. The output of major products such as mobile phones and integrated circuits reached 1.81 billion and 108.72 billion, respectively, up 7.8% and 7.1% year-on-year. Consumer electronics production, such as mobile phones, personal computers and tablets, accounted for more than 50% of global production, ranking firmly in the world. During the “Thirteenth Five-Year Plan” period, the demand for molds in the consumer electronics industry will continue to show a steady upward trend.


    The application of molds in the home appliance industry


    With the improvement of living standards, the demand for household appliances in China has maintained steady and rapid development. According to the data, from 2011 to 2016, the main business income of China's household appliance industry increased from 1,110.575 billion yuan to 1,460.56 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. The growth rate is as high as 18.53%.


    China's home appliance industry has formed a complete independent supporting system for parts and components, and has created a complete upstream and downstream industrial chain. Most of the components of home appliances rely on mold injection molding, and industrial clustering provides a good external environment for the linkage industry between the mold industry and the home appliance industry. Experts predict that as home appliances gradually develop in the direction of intelligence, personalization and light weight, the iteration speed of home appliance product update will be significantly accelerated, and the future home appliance industry market will maintain a stable growth trend.




    The mold industry belongs to the basic industry in the national economy. At present, China is in the transition period of industrial structure. The state's goal for emerging industries is to increase the value of strategic emerging industries to tens of about 15% of GDP in 2020. . To achieve the 15% target, among the seven strategic emerging industries, the high-end equipment manufacturing industry will be vigorously developed as the pillar industry of the national economy, and the mold industry, which is the mother of modern industry, will benefit from the high-end equipment manufacturing industry. 


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