Mold is a tool to force metal or non-metal forming. It is mainly used in the production of large quantities of parts and products in industrial production. It is an essential key process equipment in modern industrial production.Mold industry level has become an important symbol to measure the level of a country's manufacturing industry, and it is also one of the important guarantees for a country's industrial products to maintain international competitiveness.

(1) Market size

Since the financial crisis in 2008, with the gradual economic recovery of developed countries and the rapid growth of emerging economies represented by China, India and other countries, the global mold manufacturing market scale has been effectively promoted to expand.In the future, with the implementation of industrial upgrading strategies of various countries, the global mold manufacturing industry will usher in a new round of growth.

Mold sales revenue in China mainly exports, restricted to a trade war with China in recent years, the influence of sales fell, in early 2020, our country economy strong impact of new crown outbreak prompted mould manufacturing industry has also been a certain influence, now the global outbreak still not stable, the export as the main income of enterprise,However, the epidemic situation in China has been completely controlled,  It is expected that in 2021, the sales revenue of mold industry will rebound and show an upward trend.

(2) Forecast and analysis of industry prospects

(A) Further expansion of market demand

With the steady progress of transformation and upgrading of "plastic instead of steel" and "plastic instead of wood", customer enterprises have increased product innovation efforts, the proportion of high-grade products is gradually increasing, supporting services are constantly improved, precision injection molds and injection parts market will usher in a new growth point, and the market demand is expected to further expand.

(B) Policies promote industrial transformation and upgrading

A series of relevant policies and regulations issued by the state continue to standardize and guide the market of molds and injection products to move toward high-end: the High-end Intelligent Re-manufacturing Action Plan (2018-2020) policy promotes the development of large-scale manufacturing enterprises in China to meet the requirements of more refined parts;The Investment Guide for Technological Transformation and Upgrading of Industrial Enterprises (2019 Edition), Catalogue for the Guidance of Industrial Structure Adjustment (2019 Edition) and other policies explicitly encourage enterprises to invest in the design and manufacturing of precision molds for non-metallic products.

(C) The demand for one-stop products and services is constantly increasing

Mold and mould industry provides customized products for enterprises based on its rich product categories, deep understanding of customer needs and high research and development strength. At the same time, some die and mould enterprises begin to transform from a simple processing and manufacturing industry to an integrated service provider, and continue to extend to the downstream industry chain.To build an integrated terminal application product manufacturing chain of mold design and manufacturing, injection molding and product assembly, to provide one-stop products and services to customers all over the country and the world.

(D) New technologies help the high-quality development of the industry

At present, China's mold manufacturing and plastic products industry has reached the stage of introducing, absorbing and imitating foreign advanced technology. The application of new technology has become the key for China's mold manufacturing and plastic products industry to become a manufacturing power.