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Hardware Tool Market Demand Increasing - Packaging Information

- Jan 31, 2018 -

The worldwide demand for cutting tools is growing.Among them, the growth of European and north American countries is stable, especially in eastern European countries. The Asian market has recovered slightly and the market potential is large, and the market of Latin American countries has increased significantly, especially Mexico.To this, in the past year, cutting tool market demand growth slowly, mainly because of increased tool life, then there is the user request, for the whole manufacturing process instead of many machine tools and cutting tools.As well as the application of multi-function tool, it has replaced many simple cutting tools.Users in the future will be more emphasis on manufacturing research and development of cutting tool, is not only in the field of materials and surface coating technology, but also in terms of cutting tool product and its production process, pay attention to the production practice, will help the cutting tool factory increase market competitiveness in the field of which they are familiar with.In the field of technology update, the carbide tool gradually replaces the high speed steel tool, especially the round tool.The application of coating tools is becoming more and more common. In Europe, the market share of new cutting tools is increasing.Vendor dynamics.From the point of view of tool manufacturer cooperation, there will be many large companies in the high and new market.The current domestic market is a big demand for high-grade mold, according to the forecast, the 12th five-year period, smooth mold market overall trend upward, but it requires the domestic mold must be in terms of quality, delivery time meet the needs of users.Moreover, the industry of home appliance, automobile, plastic products has the biggest demand for mold.In the international market, in recent years, the artificial cost of industrial developed countries has increased, and it is transferring to developing countries, especially southeast Asian countries.Its domestic production is high, fine mold is the main, the artificial labor input large amount of mold depends on the import solution.Therefore, the international market potential of the middle and low gear is huge.As long as the quality of domestic mold can be improved, the delivery time can guarantee, the prospect of mold export is very optimistic.In addition, the international market mold standard parts demand is also very big.At present, China has only a small number of exports.In the new wave of world economic integration, the acceleration of global manufacturing to the mainland China has become a trend, and China will gradually develop into a world-class manufacturing base.Guangdong, especially the pearl river delta region, will develop into the world mold production center within ten years.At the same time, because in recent years our country imported mould with nearly 1 billion dollars a year, including precision, large, complex, long-life mold majority, so from the perspective of import less, this kind of high-grade mold, hardware tools will also increase the proportion of share in the market.In the future, China's mold and CNC tool industry will be among the best in the world.

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