New trends for automotive molding development in 2019

Since 2000, global mould industry has been steadily rising, with an average growth rate of more than 5%. By 2017, global mould industry market has reached 200 billion US dollars. In developed countries such as United States, Germany and Japan, automotive-related mold demand accounts for more than 50% of total mold demand, and global automotive molding market has exceeded $55 billion. In this fierce competition and rapid development, global automotive molding manufacturing industry has seen nine major development trends.