At present, China has formed a group of Guangdong alloy steel casting industries that are gradually embarking on an international business track in terms of technology and management, and are familiar with the international market. They have driven the rapid development of the industry. In 2012, the total output value of castings in various countries/thousand dollars China accounted for 28.4% of the global output. China's huge market provides a broad space for the development of the investment casting industry.

1. The domestic market continues to grow. The rapid development of the Chinese economy has made the domestic investment casting market increasingly expanded. For example, the rapid development of the automobile industry has driven the rapid increase in the output and brand of automotive investment casting products, and the development of the housing construction industry has led to the demand for construction hardware. There has been a rapid increase. Companies investing in China directly purchase parts from the region, and the original international market orders have become domestic market orders.

2. Exports increase year by year. After more than 20 years of hard work, some companies have been able to mass produce machine parts with certain accuracy requirements and high-quality aviation precision castings. They have the ability to challenge commercial parts in terms of technology and cost performance, and the export volume has increased year by year. With the deepening of global economic integration and global procurement, exports will continue to grow rapidly. According to the statistics of the commodities listed as castings in the customs import and export data, the export volume of various castings in China in 2012 was 1.978 million tons, which was a slight decrease from the 2.056 million tons of various castings exported in 2011; the total export volume of castings in China in 2012 The amount was 2.97 billion U.S. dollars, a slight increase from the 2011 China casting export value of 2.81 billion U.S. dollars.

3. Guangdong carbon steel casting replaces sand castings and forgings in the broad market. One of the advantages of precision casting is that it can produce various alloys and very complex, thin-walled castings. The castings have high dimensional accuracy, low surface roughness, and can achieve less or No cutting processing, which is unmatched by sand casting and forgings. As the requirements for parts increase, more and more sand castings or forgings will be replaced by precision castings. With the continuous improvement of the industrial chain of China's precision casting industry and the continuous improvement of the technological level, the demand for precision castings in the downstream demand field continues to increase. It can be seen that the output of China's precision castings will continue to show a steady growth in the next few years. It is estimated that by 2021, the output of China's precision castings will be close to 4.6 million tons.

2016-2021 China halogen precision casting output forecast The rapid development of my country’s economy has made the domestic precision casting market increasingly expanded. For example, the rapid development of the automobile industry drives the rapid increase in the output and brand of precision casting products for automobiles, and the development of the housing construction industry makes construction The demand for hardware has soared. Companies investing in China directly purchase parts from the region, and the original international market orders have become domestic market orders. The downstream demand for stainless steel casting in Guangdong has only increased. It can be seen that in the next few years, the market scale of China's precision casting industry will continue to show a steady growth trend. It is estimated that by 2021, the market size of China's precision casting industry is expected to be close to 285 billion yuan. 2016-2021 China's precision casting industry market scale forecast