Global Mould and Die Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Moulds and dies are used to make a variety of objects with many different media. For instance, plastic plumbing pipes can people made in a mould; tools such as wrenches are cast in dies. Moulds tend to be used to produce products that need to be hollow in the middle, whereas dies are used to stamp solid products out of media such as steel. Mould, known as the mother of industry, is developing in the technology and investment-intensive direction.
Market Overview:The latest research study on the global Mould and Die market finds that the global Mould and Die market reached a value of USD 115741.5 million in 2022. It’s expected that the market will achieve USD 153287.0 million by 2028, exhibiting a CAGR of 4.79% during the forecast period.
Mould and die market supply chain after the Covid-19 crisis
As companies and governments are committed to building a supply chain network that can withstand the most devastating impacts, and new innovative technologies such as automation have played an important role in the industry, investment in technology and sustainability is crucial. After months of lockdowns and restrictions put companies into trouble, as most companies in the world are now in the recovery phase, leaders are eagerly looking for new ways to strengthen operations and resilience, while requiring the resilience and effectiveness of the supply chain Risk management is more obvious than ever. Although many companies have responded quickly to disruptions, many companies still have a lot of work to do to ensure that the future of their supply chains is safer and prepared for disruptions. Companies must seek to review contractual obligations, assess force majeure clauses, and consider the impact of taxes and changes on employment and relocation costs. Issues related to visas and staff entry into the country will also be a problem. At the same time, if the pandemic situation needs to be resolved and the supply chain needs to change quickly, it can be easily exited and has the ability to easily make changes and hasty reversals.
Impacts from the long-term
When the epidemic is under control, automotive and electronics industry will usher in a strong rebound, and there will definitely be considerable growth, and the sales of mould and die will also increase. Coupled with the intelligent digitization of production equipment in the market, the mould and die market is developing faster and faster. Therefore, as long as mould and die company can continuously update its product performance and attract consumers' attention, the development opportunities of the industry will become more and more optimistic.
Region Overview:North America dominated the Mould and Die market in 2022, with a market share of 32.73%.
Company Overview:Himile Mechanical Science and Technology is one of the major players operating in the Mould and Die market, holding a share of 0.41% in 2023.
Himile Mechanical Science and Technology
Himile Mechanical Science and Technology was founded in 1995. Himile Mechanical Science and Technology has now become a tire mould R&D and manufacturing base, with an annual output of more than 20,000 sets of various tire moulds, and has established business relationships with 66 of the world's top 75 tire manufacturers.
SILVER BASIS
SILVER BASIS was established in 1993. Since its establishment, SILVER BASIS has been committed to improving the level of precision manufacturing technology, and has now developed into a professional structural parts manufacturing company integrating the design and development of large complex precision moulds to the output of plastic hardware products.
Segmentation Overview:Among different product types, Moulds for Household Appliance Industry segment is anticipated to contribute the largest market share in 2028.
Application Overview:The market's largest segment by application is the segment Automotive, with a market share of 43.81% in 2022.
Key Companies in the global Mould and Die market covered in Chapter 3:SILVER BASIS
Greatoo Moulds
Changhong Technology
Adval Tech
Röders GmbH
Ogihara Bussan Co., Ltd.
Wenyi Trinity Technology Co., Ltd
Himile Mechanical Science and Technology
Nypro
Chengfei Integration Technology
Motor Dies
In Chapter 4 and Chapter 14.2, on the basis of types, the Mould and Die market from 2018 to 2029 is primarily split into:Automotive Mould
Tire Mould
Moulds for IT Industry
Moulds for Household Appliance Industry
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mould and Die market from 2018 to 2029 covers:Automotive
Industry
Manufacture
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)