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In recent years, with the rapid development of the automotive industry, electronic information, home appliances, building materials and machinery industries, China's mold industry has also achieved rapid growth. China's total sales of the mold industry rose from 98 billion yuan in 2009 to 184 billion yuan in 2016 , The compound annual growth rate reached 9.58%. China Research Institute of Industry released "2017-2022 China Mold Market Outlook and Investment Opportunities Research Report" predicts that by 2018 China's mold industry sales will exceed 200 billion yuan.



Mold is forced to metal or non-metal forming tools, industrial production is essential for the key process equipment. The use of mold mass production of parts with high efficiency, high consistency, low energy consumption, high accuracy and complexity, etc., which are widely used in machinery, electronics, automotive, information, aviation, aerospace, light industry, military , Transportation, building materials, medical, biological, energy and other industries, about 60% -80% of the above parts and components need to rely on mold processing and molding. Therefore, the level of mold manufacturing is not only a measure of a country's manufacturing level an important indicator, but also to a large extent determine the quality of the country's products, benefits and new product development capabilities.



    At present, China's middle and low molds have been oversupplied, while the self-sufficiency rate of high-tech molds mainly represented by large-scale, sophisticated, complex and long-life molds is still low, only about 60%, and a large part still depends on imports. Since 2009, China imported about 2 billion US dollars each year molds, mostly high-grade precision molds, while the export mold to middle and low mainly technical content and added value are lower.



    According to the analysis of relevant departments, the development trend of mold industry in China in the next five years is as follows: the mold products are developing towards large-scale, sophisticated, complicated, economical and rapid; the technological content of molds is continuously raised; the mold manufacturing cycle is continuously shortened; Information-oriented, non-pictorial, refined, automated direction of development; mold enterprises toward the technical integration, well-equipped, product branding, management information, the direction of international business.



    In this context, the carbide mold industry will have tremendous potential for development. Carbide die die life is ten times or even several times, carbide die with high hardness, high strength, corrosion resistance, high temperature and low coefficient of expansion characteristics to meet the high-precision industries on the mold requirements.

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