In recent years, due to various reasons, the development of the mold industry has faced many difficulties. It is not as easy as before, and the future development prospects are not very clear. At last, many people have to leave the industry.
The first objective reason is the market environment. However, the development of everything is cyclical. The current trough is only temporary. The overall trend of China’s economy will not change. Therefore, the difficulties caused will be gradually eliminated in a short period of time in the future. Therefore, there is nothing to worry about this factor. Moreover, the economic downturn affects not only the mold industry but also the manufacturing industry. Most industries are all affected.
Moreover, the mold industry is the basic industry. Mold is indispensable to industry, just as catering is to people’s livelihood.
In fact, a subjective factor within the industry should account for these difficulties. Attracted by the explosive profits in the mold industry in the early period, different sizes of processing shops, mold factories and consumable stores have sprung up, and the number of mold companies has almost doubled. The industry itself is expanding too fast, and even if the economy is booming, there will be fierce competition. However, unfortunately, it encountered economic downturn, and difficulties arose.
At this time, some companies insist on quality and do not engage in price war, while some companies compress equipment and labor in order to save costs, resulting in a vicious circle, which eventually leads to closure. The closing of a company may have a chain reaction, leading to the crisis of several companies.
MDC Mould was established in 1997, mainly engaged in the development and production of hot-pressing molds such as SMC mold, BMC mold, GMT mold, FRP mold, etc. In the future, the company will focus on the development of higher quality and high-tech molded FRP molds. We adhere to the concept of professionalism and integrity, establish long-term and mutually beneficial partnership with customers, and become the pioneer of customer development projects through professional technology and thoughtful services.