CAGR of Mould Output in China reached 9.7%, while that of sales registered 12.6%.
Dallas, TX (PRWEB) August 26, 2012
In recent years, due to the rapid development of automotive, home appliance and IT industries in China, and the transference of mould industrial bases worldwide to China, the mould and die industry in China has witnessed convincing development. In 2005-2011, the CAGR of mould output in China reached 9.7%, while that of sales registered 12.6%.
Meanwhile, along with the continuous optimization of mould product mix in China, the large, precision, complicated and long-life moulds, and standard mould parts have occupied over 50% of the domestic market presently. Besides, the proportion of plastic moulds and die casting moulds also rises continuously.
As for regional development, there have been four mould cluster regions in China, namely, Pearl River Delta, Jiangsu-Zhejiang-Shanghai, Hebei-Beijing-Tianjin, and Central China. In 2011, the mould output in Hebei registered 4.777 million sets, and output value amounted to RMB5 billion. In the same year, the output value from automotive moulds and plastic moulds (the two primary mould products of Hebei Province) respectively shared 36.0% and 34.0% of total output value of moulds in Hebei.
Concerning enterprises, there have been a batch of enterprises with competitive advantages in China, like Tianjin Motor Dies, Chengfei Integration and FAW Die and Mould in the field of automobile panel moulds, Guangdong Greatoo Molds and Shandong Himile in automobile tire moulds, Tongling Zhongfa Suntech in plastic profile moulds, Changhong Technology in precision moulds, and Lung Kee Group in standard mould parts, etc.
Meanwhile, foreign-owned enterprises have also marched into China’s mould market successively, represented by Japanese enterprises. At present, major automakers in Japan all have established mould companies in China, including Toyota, Toshiba, Sharp, Honda, Mitsubishi and Fuji; at the same time, a number of mould manufacturers from Japan have also accelerated the development in China, such as Ogihara, Kuroda and Uyemura-Solar.
Besides, the enterprises from USA and Europe have also started the distribution on China’s mould market, including Nypro, Adval Tech, Hella and Perlos.
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Regional Markets of Mould in China
Key Enterprises Worldwide:
3. Adval Tech
Key Enterprises in China:
1. Sichuan Chengfei Integration Technology Co., Ltd.
2. Guangdong Greatoo Molds Inc.
3. Tongling Zhongfa Suntech Co., Ltd.
4. Tianjin Motor Dies Company Limited
5. Shenzhen Changhong Technology Co., Ltd.
6. Shandong Himile Mechanical Science and Technology Co., Ltd.
7. Other Non-listed Enterprises
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