In What Industries Are Molds Widely Used?

The application of mould in automobile industry

The development of automobile mould 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 mould industry.
Molds are consumable products with large consumption. More than 90% of parts in the automobile industry are formed by molds. Meanwhile, cold, hot and plastic molds are also used, with an average consumption of 0.12 tons per 10,000 cars.
In general, it takes about 1,500 molds to make an ordinary car, including nearly 1,000 stamping molds and more than 200 interior molds.

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 statistical data of the national bureau of statistics, the sales revenue of automobile molds in China in 2017 was 266.342 billion yuan.
By 2023, China's auto production will reach nearly 4.182 million vehicles, with an annual growth rate of about 6.0%, and the demand for automobile molds will reach about 500 tons.

Application of mould in consumer electronics industry

With the improvement of people's consumption level, the demand for consumer electronic products has been continuously expanding, the upgrading of products has been accelerated, and the market scale of consumer electronic products has continued to grow. Meanwhile, the mold industry has been developing rapidly.
According to the data, 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, an increase of 1.5% over the previous year.

The continuous growth of China's electronic information industry has formed a relatively complete manufacturing system and industrial supporting basis for products.
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%.
China's large-scale electronic information manufacturing industry has realized sales value of 113,294.6 billion yuan, up 9.0% year on year.
The production of mobile phones, integrated circuits and other major products reached 1.81 billion units and 108.72 billion pieces respectively, an increase of 7.8 percent and 7.1 percent year-on-year respectively.
Consumer electronics, such as mobile phones, personal computers and tablets, account for more than 50 per cent of global production, firmly ranking first in the world.
During the 13th five-year plan period, the demand for molds in the consumer electronics industry will continue to rise steadily.

Application of mould in home appliance industry

With the improvement of the living standard, the demand for domestic appliances in China has maintained a steady and rapid development.
According to the data, from 2011 to 2016, the main business revenue of China's household appliances industry increased from 1101.575 billion yuan to 14,6056 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 196.59 billion yuan, with a compound annual growth rate of 18.53%.

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

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