China domestic plastic moulds market grows by 15%~20% per year

Currently the market volume of plastic mold industry in China is very big and grows by by 15%~20% per year, which mainly benefits by the development of the end market such as automotive, household appliances ,packing, construction materials and daily necessities.

Every grade of these industry have a strong demand for plastic injection moulds. 90% of automotive processing needs moulds,90% of plastic product needs injection mold, lots of IT products need mould, therefore, these demands are promoting the development of the mould industry. By the statistics of relative industry research shows, the total plastic product output of China in 2012 is approaching 60 million tons and the amount is keep growing. It means the domestic demand gives great driving force to china mold industry.