Plastic mold market demand will reach 135.7 billion yuan in 2018

The downstream application demand of plastic molds in China is mainly concentrated in the home appliances, automobiles, consumer electronics industry, OA equipment, building materials, medical consumables and other industries. Among them, the automotive and consumer electronics industries account for the highest demand for plastic molds, accounting for the total. About 50% of the total demand.

In recent years, China's plastic molds have formed a huge industrial chain driven by the demand for high-tech drive and pillar industry applications, from the upstream raw materials industry and processing and testing equipment to downstream machinery, automobiles, motorcycles and home appliances. , electronic communications, building materials and other major application industries, plastic mold development is alive. The wide application of plastic products provides a broad market for plastic molds, and at the same time puts higher demands on molds. Large, high-precision, multi-functional composite molds will be favored. At the same time, the demand for plastics in the construction, home appliances, and automotive industries is large. It is estimated that only the automobile and motorcycle industries need more than 10 billion yuan of mold every year.

Judging from the overall supply situation of China's plastic mold industry, the supply capacity of the industry has been continuously improved in 2010-2016, but the growth rate has fluctuated greatly. According to relevant data, the total output value of the plastic mold industry in 2016 was 129.519 billion yuan, an increase of 7.47% over the same period of the previous year.

In 2010-2016, the sales revenue of China's plastic mold industry showed a growth trend, and the growth rate fluctuated. In 2015, China's plastic mold industry achieved sales revenue of 11.49 billion yuan, a year-on-year increase of 0.98%; 2016 sales revenue was 119.75 billion yuan, an increase of 4.19%.

Since 2010, the production and sales rate of China's plastic mold industry has shown a fluctuating trend. In 2013, the industry's production and sales rate was 103.1%, which was in short supply. In the past three years, the production and sales rate of China's plastic mold industry has been above 90%. Overall, China's plastic mold industry has a good production and sales situation, but there is still room for improvement.

At present, China's plastic mold industry trading market is developing very fast, showing a growth rate of 15%-20% every year. The arrival of Industry 4.0 in 2015 will push China's plastic mold industry to a new level. According to industry estimates, by 20% growth rate, by 2018, China's plastic mold industry sales revenue will reach about 135.7 billion yuan. By 2023, the sales revenue of China's plastic mold industry will be close to 228.1 billion yuan.