Industry News

Demand Exceeds Supply In The Precision Mold Market?

Update:30-07-2019
Summary:

The mold industry has a broad prospect, and the precisi […]

The mold industry has a broad prospect, and the precision mold market is in short supply. However, the proportion of high, medium and low-end molds produced by my country's mold industry is extremely unbalanced, which is very unfavorable for the development of my country's mold industry. There is an urgent need to speed up structural adjustment and develop high-end market segments to keep pace with the international market.

Speed ​​up structural adjustment

Compared with the past, my country's mold technology level has been greatly improved, but the proportion of high, middle and low ends produced by the domestic mold industry is extremely unbalanced, which is very unfavorable for the development of my country's mold industry. Although in the past few years, the structure and system of my country's mold industry have made great changes, mainly in the following: medium and high-end molds, large-scale, precise, complex, and long-life. However, due to the excessive demand for medium and low-end molds in our country, the self-matching rate of medium and high-end molds is less than 60%. It is not difficult to see that it is unreasonable.

They are mainly manifested in the following aspects: First, the restrictive factors such as mold steel; Second, the standardization level needs to be improved; Third, the high-end mold talents urgently need to be cultivated; Fourth, accelerate the pace of mold product structure adjustment; Fifth, increase investment to strengthen innovation Ability; Six, to promote the joint reorganization of mold companies; Seven, the development of overseas markets needs to be deepened.

Mould expert Luo Baihui pointed out that my country's mould industry will not only continue to improve its production capacity in the future, but also focus on the adjustment of internal structure and the improvement of technological development. Mainly the enterprise structure is adjusted to specialization, the product structure is developed to the middle and high-end molds, the import and export structure is improved, the mold forming analysis and structure improvement of the middle and high-end automobile panels, the multi-functional composite mold and the composite processing and the laser technology in the mold design and manufacture The application, high-speed cutting, super finishing and polishing technology, and the development of information technology.

Faced with the world mold market, especially the high-end market, this promising big cake, everyone will be excited. In view of the development status of the mold industry, research and development of related mold machine tools to seize the market.

The demand-supply imbalance in the precision mold market has undoubtedly captured the industry's attention. As we look ahead, it becomes evident that this discrepancy highlights the pressing need for strategic interventions in our approach. While the overall mold industry exhibits a promising trajectory, the state of the precision mold market, specifically the Plastic Precision Mold sector, warrants careful consideration and recalibration.

To address these challenges head-on and nurture the growth of the Precision Mold Market, it is imperative to accelerate the ongoing structural adjustments within the mold industry. The unbalanced distribution across high, medium, and low-end molds demands a swift realignment. The call for structural adjustment stems from multiple fronts, encompassing factors such as mold steel availability, elevation of standardization levels, and the cultivation of a skilled workforce specialized in high-end mold production.

Laying the foundation for sustainable growth requires proactive measures. First and foremost, investment must be channeled into fortifying innovation capabilities. By bolstering research and development efforts, we can usher in breakthroughs in technology and design that propel Plastic Precision Mold production to new heights. The realignment also involves a concerted push for enhanced standardization, harmonizing methodologies and processes across the high, medium, and low-end spectrum.

Additionally, nurturing a pool of adept professionals is non-negotiable. The cultivation of high-end mold talents is not only pivotal for ensuring precision in production but also for fostering a culture of excellence and innovation. Strategic partnerships and collaboration between mold companies can further amplify these efforts, creating a robust ecosystem that thrives on knowledge-sharing and expertise augmentation.

As the industry embraces technological evolution, the role of information technology cannot be overstated. Integrating cutting-edge tools like mold forming analysis, laser technology, high-speed cutting, and super-finishing enhances precision and efficiency in Plastic Precision Mold production. Furthermore, the application of multi-functional composite molds and composite processing augments our capabilities, positioning us favorably in a competitive global landscape.

In sync with the global mold market dynamics, the high-end segment beckons with immense potential. It is a realm of opportunities where innovation and precision converge to shape the future of the mold industry. While the challenges are undeniable, they serve as catalysts for transformation and growth. The road ahead involves navigating through intricacies, leveraging advanced technologies, and consistently nurturing a pool of skilled professionals who steer the course of the Plastic Precision Mold industry.

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