FAQ

The development speed of domestic plastic molds is very fast

The development speed of domestic plastic molds is very fast
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With the improvement of CNC processing equipment, enterprises are increasing their efforts in the development of plastic molds. Plastic molds have become the most attractive cheese among mold varieties.
In recent years, the development speed of China’s plastic molds is quite fast. Luo Baihui, CEO of Jinmo.com and secretary general of the International Mold Association, said that China’s plastic mold currently accounts for about 30% of the entire mold industry. With the rapid development of China’s automobiles, home appliances, electronic communications, and various types, it is expected that in the future mold market, the proportion of plastic molds in the total mold will still gradually increase, and the development speed will be faster than other molds. Taking the automobile industry as an example, with the rapid growth of automobile production and sales, the potential market for automobile molds is huge.
According to Luo Baihui, in the production of automobiles, various functional parts have to be formed by molds. It takes about 200 pieces of interior parts molds to manufacture an ordinary car, and manufactures bumpers, instrument panels, fuel tanks, steering wheels, etc. The required large and medium-sized plastic molds are currently only about 50% satisfied from the production capacity of the mold industry.
In the construction field, it is also a general trend for plastic building materials to replace traditional materials in large quantities. It is expected that the national plastic door and plastic pipe penetration rate will reach more than 45% in 2012, and the market share of plastic drain pipes will exceed 50%, which will greatly increase the demand for molds. Luo Baihui believes that large, precise and reasonably designed injection molds will be favored by the market.

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