Injection molding is one of the important methods of material forming. Compared with mechanical processing, it has fewer processing steps, high material utilization, low energy consumption, easy production, and high efficiency. Therefore, it is widely used in the production of daily necessities in industries such as automotive, energy, machinery, electronics, information, and aerospace. According to statistics, 75% of rough-machined parts, 50% of industrial products, and over 70% of processed parts in the home appliance and electromechanical industries require injection molding. The mold industry often drives the development of related industries, and is therefore often referred to as a "profit multiplier." The development trend of the mold and plastic products industry: With the transformation and upgrading of the industrial structure, the proportion of high-end products is gradually increasing, and continuous improvement is taking place. A complete set of service functions has basically been formed. The growth of plastic product production has slowed down, but its value still has a large space, and production can maintain rapid growth. It can be seen that the plastic processing industry is still in an upward stage. As one of the indicators to measure a country's development in the plastics industry, China's technology ratio is only "0," which is lower than the world average of 50:50, and far behind developed countries such as Germany (63:37) and Japan (70:30). Therefore, with technological progress and consumption upgrades, my country's plastic products industry will continue to develop steadily. The mold industry is a basic industry of the national economy, including machinery, automobiles, light industry, electronics, chemicals, metallurgy, and building materials. The rapid development of Chinese industry, including automobile manufacturing, IT manufacturing, and medical equipment development, has brought development opportunities to the entire mold industry. Currently, my country is in a period of industrial structure transformation, and the national goal for emerging industries is: by 2020, the added value of strategic emerging industries will account for approximately 15% of GDP. To achieve the 15% target, among the seven strategic emerging industries, high-end equipment manufacturing, as a future pillar industry for the development of the national economy, and the mold industry, as the mother of modern industrial molds, will benefit from the development of high-end equipment manufacturing.
With so many diverse applications, both manufacturers and entrepreneurs rely heavily on plastic components.
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