Technology has become a constraining factor for the development of the domestic mold industry

At present, the production of casting molds in China will still receive strong impetus mainly from the domestic automotive industry. With the continuous strengthening of China's automotive industry, it will surely achieve even more brilliant achievements. In the current wave of economic globalization, international division of labor is taking shape.   

In addition to hard standards such as research and development of high-tech and international support, market demand is more important as the driving force for industry development. The market is the most primitive and powerful driving force for the development of an industry. Wherever there is demand, there will be a market. At present, the market remains a powerful driving force for the development of China's hardware casting mold industry, both domestically and internationally. However, due to the gap between China's mold technology and the current international level, the backwardness of mold technology has greatly restricted the independent development of many manufacturing industries. Some high-tech molds still rely on imports. In addition, advanced foreign enterprises have paid more attention to technology protection in recent years, which has caused certain difficulties for China's mold enterprises to introduce technology. 

It is understood that the current development of China's die-casting mold industry is mainly constrained by the following factors:

1、 In terms of the use of raw materials. There are still many shortcomings in China's die-casting mold industry compared to foreign countries. 

2、 The backwardness of manufacturing technology. The development of China's die-casting mold industry has been greatly hindered, and the backwardness of manufacturing technology has become a major bottleneck for the development of the die-casting mold industry. 

3、 The insufficient supporting system of China's die-casting mold industry is another major obstacle to its development. 

4、 Overall, the management level of die-casting mold enterprises in China is generally low, and there are basically no good regulations. Many of them are still managed in a workshop style, and many enterprises are personally managed by their bosses, taking full responsibility for every detail. This management model greatly limits the further development of China's die-casting mold enterprises. 

  It is reported that up to now, 70% of the enterprises in China's hardware mold industry are still private enterprises. Currently, China is striving to develop towards the goal of becoming a major country in hardware mold processing and export. To achieve good results and expand the hardware mold market and consumption potential, strong technical support is needed on the one hand, and the leading role of high-end large enterprises is also needed for guidance. 

According to statistics, in recent years, China has imported nearly 1 billion US dollars worth of molds annually, with precision, large, complex, and long-life molds accounting for the majority. Therefore, from the perspective of reducing imports, the market share of these high-end molds and hardware tools will gradually increase. Chinese made molds will play an important role in the future mold market. With the market, China's casting mold industry is like installing a powerful engine within the Chinese casting mold industry, which will drive the continuous development of China's casting mold industry and lead the better development of China's hardware casting mold industry. And the development of hardware molds will bring the most important leap in the transformation period to the entire mold industry, which will accelerate the transformation.