With the increase in the level of numerical control processing equipment, companies are increasing their efforts to develop plastic molds. Plastic molds have become the most attractive “cheese” in molds.

In recent years, the development of plastic molds in China has been very fast. Jin Monet CEO and International Model Association Secretary Luo Baihui said that at present, China's plastic molds account for about 30% of the entire mold industry. With the rapid development of China's autos, home appliances, and electronic communications, it is expected that in the future mold market, the proportion of plastic molds in the total number of molds will gradually increase, and the development speed will be faster than other molds. Taking the automobile industry as an example, with the rapid growth of automobile production and sales, the potential market for automotive molds is very large.

According to Luo Baihui, in the production of automobiles, all kinds of functional components must be molded by molds. Only about 200 pieces of interior parts for an ordinary car are manufactured, and bumpers, dashboards, fuel tanks, steering wheels, etc. are manufactured. Large and medium-sized plastic molds needed, from the mold industry production capacity, the current satisfaction rate is only about 50%.

In the field of construction, the replacement of traditional materials with plastic materials is a general trend. It is expected that the penetration rate of plastic doors and plastic pipes in China will reach 45% in 2012, and the market share of plastic drainage pipes will exceed 50%, which will greatly increase the demand for molds. Luo Baihui believes that large, precise and well-designed injection molds will be favored by the market.