China precision mould supply falls short of demand

With the development of Chinese economy, the domestic demand for plastic injection mold is changing. High precision mouldsupply falls short of demand. But the output proportion of different grade is extremely unbalance. This is harmful to the long term development of Chinese mould industry. For the treatment, high-grade precision injection mould technology needs to be developed, industrial structure needs to be adjusted.

The market demand of medium and low grade injection mold is huge in China, but the self-sufficiency degree of high-grade mold is less than 60%.The cause of this situation includes:1. Steel quality 2. Mold standardization 3. Person with ability 4. Industrial structure 5. Innovations 6. Organization of mold enterprises. 7. Development at overseas market.

Because the downstream industry, such as automotive industry, the moulds are greatly rely on foreigh company. For the recent years, Chinese domestic mould enterprise is improving their technology to improve their mold quality and accuracy, some of them successfully get into the supply chain of some high-grade appliances, partly get rid of the dependency of foreign mould company. But what we have to admit is that there just a few company did it.

Facing the high profit cake for high-grade plastic injection mold market, everyone get moved. China mould industry still needs to improve its ability, emphasize on the adjustment of internal Industrial structure and the level of technology. Towards the target of to be more specialized and high-grade oriented. Some experts said