Die-casting mold processing products will promote economic growth

At present, my country's die-casting mold market is relatively active, and die-casting mold processing products will promote economic growth. Although my country's mold industry started very early and its current development is becoming more mature, there are still deficiencies in the technical level. Compared with foreign countries, the domestic mold industry is far behind.

Although my country's die-casting molds have entered the international market, the export volume has reached more than 30%, and at the same time, it is increasing at an average annual rate of 18%. However, in terms of the overall situation of mold production, there are many problems. The output of low-end molds is too large, the inventory backlog is serious, and the production of high-end molds is insufficient. It needs to be imported from abroad. In particular, the precision molds of an important part have large gaps and need to be imported. In response to this situation, the mold industry needs to achieve industrial upgrading and transform the production of high-end molds.

Under the current overall market environment, die-casting mold companies can no longer meet the requirements of cost control and profit maximization in the modern trade process by just using their existing advantages. The continuous elimination of small companies has made other companies pay more attention to the quality of their products, which is consistent with the requirements of customers. Both the service life and the quality of castings can reach the international advanced level. The quality of the products is qualified, and the price is affordable, which makes the domestic die-casting mold industry's share in the international market continue to increase.