The development of the mold industry has significantly advanced, which in turn has enhanced the technology used in fastener molds. As an essential component in industrial manufacturing, fastener molds are subject to strict quality standards. With continuous technological progress, the demand for more advanced and precise fastener mold solutions is on the rise.
As China's economy moves into a more stable phase, its industrial structure is gradually being optimized, leading to higher quality expectations for industrial products. This shift necessitates even better fastener molds. It is anticipated that China’s fastener mold industry will increasingly focus on high-end production, aiming to meet international standards and improve overall competitiveness.
In recent years, China's mold industry has experienced rapid growth, with significant improvements in the standardization, specialization, and commercialization of mold components. However, there remains a gap in the market for high-tech, high-performance fastener molds that offer superior quality, ease of replacement, and advanced design. As a result, a considerable number of such molds are still imported annually from abroad.
Domestic manufacturers need to make breakthroughs in technical standards, innovation, and product quality to reduce reliance on foreign imports. Countries with mature industrial systems have long prioritized fastener development, often relying on standardized mold solutions. In contrast, China's mold standardization efforts started later, resulting in a limited variety of fastener molds, small-scale production, and low-quality products. High-end fastener molds from foreign companies remain expensive and less widely adopted.
Moreover, the Chinese fastener mold industry is highly fragmented, with too many small factories operating independently, leading to inconsistent quality and inefficient production. The market is also plagued by chaotic competition, making it difficult for domestic players to compete effectively.
Looking at China’s "10th Five-Year Plan," there was a clear push to expand the variety of fastener molds, improve precision, and enhance interchangeability. Even under the "12th Five-Year Plan," China’s fastener mold industry still lags behind developed nations in terms of technology and performance. Many fastener types that have been widely used abroad are still not produced domestically. Currently, medium- and high-grade fasteners are largely imported, while lower-performance products are manufactured locally for applications where high precision is not critical.
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Kunshan Zhonggu Precision Hardware Co., Ltd. , https://www.zgfastener.com