China’s hardware tools and mold industry ranked highest in the world

Core Tip: At present, China's hardware industry, at least 70% of private enterprises, the main force of China's hardware industry development. China has gradually become a major country in the world's largest metal processing and exporting country, and has become one of the world's largest producer of metal, has a vast market and consumption potential.

Tool market worldwide is growing in demand. Where Europe, North America growth and stability, especially in Eastern European countries, Asian markets rebounded slightly, market potential, significant growth market in Latin America, especially Mexico. In this regard, in the past year, the tool market has been slow demand growth, mainly because of increased tool life, then there is a user request for the entire manufacturing process to replace a lot of machines and tools. And versatile tool applications increase, a much simpler alternative to conventional single-function tool.

Users will be more emphasis in the future production plant for research and development of the tool, not only in the field of materials technology and surface coatings, but also tool products and production process, the focus on production practices, will help to increase the tool factory in which they are familiar with the field of market competitiveness.

In terms of technology updates, carbide cutting tools gradually replace high-speed steel cutting tools, in particular circular tool. Coated tools are becoming more common in Europe, high-speed machining with new tools market share is growing. Dynamics of the manufacturers. From the point of view of cooperation tool manufacturers in the high-tech areas of the market will be a lot of big companies powerful combination.

At present domestic market demand for high-grade mold is large, according to forecasts, "Twelve Five" period, the total market steady upward trend in the mold, but requires domestic mold must meet user needs in terms of quality, delivery and so on. Moreover, household appliances, automobiles, plastic products industry the greatest demand for molds. International markets in recent years, labor costs increased industrial countries, developing countries, especially the forward shift in Southeast Asia. Its domestic production of high precision molds based, large amount of manual labor into a mold to rely on imports. Therefore, middle and low mold international market potential is huge. As long as the quality of China-made molds can have enhanced delivery can guarantee the mold export prospects are very optimistic. In addition, the demand for international market standard mold also great. At present, only a small amount of exports. In the new wave of integration in the world economy, global manufacturing to accelerate the transfer to the Chinese mainland is a general trend, China will also gradually develop into a world-class manufacturing base. Obvious advantages of Guangdong Pearl River Delta region in particular, will be developed into the world's mold production center within a decade. Meanwhile, in recent years China's annual imports by nearly $ 1 billion a mold, where sophisticated, large-scale, complex, long-life mold majority, so from the perspective of reducing imports of such high-grade mold, hardware tools market share percentage will gradually increases. The future, China's mold and hardware tools industry will also be among the highest in the world.