Extractor in China has shown a significant growth trend.
Die casting machine extractor in China market demand continues to grow and the scale of the industry continues to expand. In particular, the expansion of downstream application areas such as automobiles, motorcycles, and home appliances has brought new growth points to the die-casting industry. It mainly includes following four factors:
Extractor in China technological progress and policy support
In recent years, China’s die-casting industry has made significant technological progress, especially in the field of aluminum alloy precision die-casting.
In addition, the government has introduced a series of policies to promote the innovation and upgrading of die-casting technology, such as the “Implementation Plan for Carbon Peaking in the Industrial Field”, which will help promote the green, efficient and intelligent transformation of the die-casting machine industry.
Extractor in China expand of market scale
According to the statistics and estimates of Toubao Research Institute, from 2017 to 2022, the market scale of our country’s die-casting machines will grow from 6 billion yuan to 19.2 billion yuan, with an annual compound growth rate of 26.19%.
It is expected that by 2023 and 2025, extractor in China market scale will exceed 20 billion yuan and 30 billion yuan respectively.
Extractor in China improve international competitiveness
Domestic die-castings have begun to go abroad to participate in international market competition, and some companies will also import advanced die-casting equipment, die casting machine extractor and raw materials from abroad.
Chinese die-castings and Chinese extractors have certain competitiveness in the international market, especially in the field of mid- and low-end products.
Expansion of die casting application areas
With the transformation and upgrading of the manufacturing industry and the rapid development of intelligent manufacturing, the die-casting industry will usher in more development opportunities.
The rise of emerging industries such as new energy vehicles and smart home appliances will bring new market demands to the die-casting industry. And the application of technologies such as digitalization, networking, and intelligence will also promote the die-casting industry to a higher level of development.
Haichen die casting machine extractor
Haichen is one Chinese die casting machine manufacturer. It produces high pressure die casting machines.
It includes cold chamber die casting machines and hot chamber die casting machines.They have durable and highly precise features.We also produce product good quality Chinese die casting extractor to improve the die casting manufacture and production efficiency.
Extractor in China is in a stage of rapid development. The market scale continues to expand, and the application areas continue to expand.
With the continuous changes in domestic and foreign markets and the intensification of competition, die-casting companies need to continuously improve their own strength to adapt to market changes and challenges.
