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Hardware tool mould industry in our country, analyzes market
Engraving Tools-Guangzhou Jeefoo Cnc Tools / 2013-08-27

In recent years, the cutting tool industry in China is developing very rapidly, still maintained a rapid growth momentum, and is expected to create a new all-time high. Statistics show that only the first half of the domestic market tool will achieve the growth of 25% ~ 30%, although since the second half growth fell back, but all the year round can still achieve 15% growth. In comparison, in recent years, the international market stable recovery tool, but a conservative estimate an average annual growth rate remained at about 3% ~ 5%. Overall, in developing the hardware tool, cutting tool production process need to mold for molding process, it will be great help for the mold industry in China. Furthermore the hardware tool thermal properties of the development of our country, with its strong market demand are inseparable. Tool branch provides data at the same time, according to China's 2012 total domestic tool production reached 35 billion yuan, export tool of 8.5 billion yuan, up 21.4% from a year earlier. Calculated on the growth, is expected to reach more than 48.5 billion 2013 tool consumption scale. At the same time, the huge market demand is an important factor in China's tool industry thrive. Under the stimulation of consumption, China's cutting tool production scale is continually expanding. Under the impetus of the cutting tool market, our country the knife mould market demand is bound to be improved, will promote the development of domestic cutter mold industry better.

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