Casting industry will meet the development prospects

After years of rapid development, China has become a global manufacturing center and a manufacturing powerhouse for the metal casting mold industry. Although there is still a certain gap compared to the international level, with the continuous development of China's economic strength, catching up with international standards is just around the corner.

China's mold manufacturing industry has experienced many years of development. The production cycle of the mold industry is higher than the international level, but the product level is relatively low. This is mainly due to the accuracy of the casting mold, cavity surface roughness, life and structure. At present, the proportion of technical personnel in China's foundry mold enterprises is low, the level is also low, and does not attach importance to product development, and is often in a passive position in the market.

With the sustained growth of China's economy, the foundry industry will maintain high growth and drive the development of the foundry mold manufacturing industry. The mold market is extremely active. Due to the low cost of mold production in China, the mold casting technology improves and the quality of molds improves. Not only can the import of molds be reduced, but also it is possible to gradually open foreign markets, and mold exports will have great development.

Various phenomena show that under the guidance of the policy, under the direction of the development of the foundry industry in China, private enterprises of small and medium casting molds in China have mushroomed and the contribution of small and medium-sized enterprises to society has become increasingly prominent. With the constant innovation and improvement of the foundry companies, China's foundry industry will usher in greater development prospects.