Analysis of Plastic Mould Industry in 2021 in China

 Current Situation, dilemma, prospect, and trend

       As an industrial supporting facility, its development level is affected by the development of automobiles, electronics, aerospace, military industry, medical care, and other building industries. Data show that in 2019, the sales revenue of enterprises above the designated size of China's plastic injection mold industry reached 272. 7 billion yuan. The China Business Industry Research Institute predicted that the sales revenue of enterprises above the designated size of China's injection mold industry will reach 281. 6 billion yuan in 2020. 

I. Development status of the mold industry

In recent years, the mold industry through technology introduction, digestion and absorption, and re-innovation, the professional production capacity of mold enterprises has been greatly enhanced, the modern mold industry system has been basically formed, and the industry has achieved leap-forward development. The manufacturing technology of mold products has reached or is close to the international level, the quality is more reliable, and the international competitiveness has been significantly enhanced. China mold occupies an increasingly more important position in the international procurement pattern. Data show that in 2019, China's mold export amount reached USD 6. 246 billion, and in 2019 it was USD 1. 939 billion, down 9.37%. 

Among all the mold types, the plastic and rubber mold is the largest mold import and export variety in China. Data show that in 2019, China's plastic and rubber molds export amount reached USD 3. 967 billion, accounting for more than 60% of the total import and export of molds in the same period, reflecting the strong competitiveness of China's automobile molds and home appliance mold products in the world. The import amount of plastic rubber molds is the US $ 870 million, accounting for more than 44.89% of the total import amount of molds, indicating that there is still a large import replacement space for plastic rubber molds in China. 

II. Development dilemma of the mold industry

1、Shorshortage of professionals

The mold talent training cycle is long, and the lack of industry technical management talents, especially high-end talents, restricts the development of the industry to a certain extent. Generally speaking, training an excellent mold engineer requires several years of professional training and practical experience accumulation. China's mold industry started late, and there is a relatively short of professional skilled talents and management talents, which can not well meet the market demand and limit the rapid development of the industry. 

2、 product standard lag affects the industry development

China's national standards and industrial standards system of mold products need to be improved, the international influence is insufficient, and the formulation and revision of some product standards lag behind to a certain extent, which is not conducive to the sustainable and healthy development of the industry. Due to the lack of product standards or outdated standards, the role of the standard system in standardizing the market, promoting technological progress and product development is limited, and it has failed to guide enterprises to produce complete kinds and excellent quality products, leading to disorderly competition, leading to overcapacity in middle and low - end molds, and high - end molds still need to be imported. 

Low degree of the professional division.

3、Low degree of specialization

The mold production process is complex, long production cycle, mold enterprises tend in order to pursue scale, adopt wide coverage development strategy, from process design to research and development, from processing to assembly test mold, although integrated production helps to improve the control of the product, but reduce the level of division of labor and cooperation, and the loss of production efficiency is not conducive to the improvement of technology and product quality. Focusing on inter-bank competition and the lack of horizontal cooperation mode will cause repeated investment, and eventually lead to China's large but weak mold industry and the lack of international competitiveness.