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About 3.7 million tons of diecastings were produced in 2015, according to the Foundry Institution of Chinese Mechanical Engineering Society (FICMES) research, and about 70 per cent of them are used for automobiles and motorcycles.
Over the last 20 years, the average annual growth rate in the Chinese diecasting industry has been around 13 per cent. A complete diecasting value chain and a diecasting industrial area have been established in China. The country has become a leading diecasting nation, with the largest diecasting production worldwide. With the launch of the ‘Made in China 2025’ strategy, the manufacturing industry in the country is stepping into a brand-new period of development. And the diecasting sector is fully participating in this crucial period of transformation and upgrading. According to market research, the sales volume of cars recovered in 2016 and the 4G and 3C industries are booming, all leading to steady growth in the diecasting industry.
In addition to diecasting, non-ferrous casting – and light metal casting in particular – is being emphasised for the future of the global casting industry. More and more enterprises are placing their focus here and starting up businesses in this new sector. To meet the increasing demand for a professional platform in China,
-The 19th Guangzhou Die-casting, Foundry
& Industry Furnace Exhibition
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