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Hardware tools mold market demand in China will get a promotion

2016-08-11
 In recent years, metal cutting tools industry growth and prosperity of our country.
  Comprehensive analysis is mainly in domestic consumption stimulated and maintained a momentum of rapid growth. Statistics show that only domestic tool market 25~30 growth in the first half, although growth has come down in the second half, but the whole year can still achieve growth of 15. By comparison, international tool market maintained steady recovery in recent years, but annual growth at a conservative estimate is around 3~5.
Tools need to mold forming technology in the production process, this benefit to China's mold industry.
    In addition thermal development of metal cutting tools in China, with its strong market demand are inseparable.
   Sources said total 2012 domestic cutting tools production hit 35 billion yuan, export tool 8.5 billion yuan, an increase of 21.4. calculated according to this growth, 2013 tool consumption is expected to reach more than 48.5 billion.

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