Xinyi Dist, Taiwan (PressExposure) March 10, 2009 -- The global mould making industry is currently in a strong growth period which is expected to be sustained over the next several years. Mold making is one of the important industries involved in our life. Mould tool manufacturers from almost all industries are currently evaluating the purchase of tools from Asia, or have even established supplier relations there â for local or global applications.
The technological development of the emerging die and mold markets in Asia is being pushed by international die and mold manufacturers setting up production there. The current production and design capabilities of die and mold makers in Taiwan are primarily based on technologies transferred by Japanese mould companies that invested in Taiwan in the1960s and 1970s and trained Taiwan toolmakers. Such training allowed the Taiwan Mold and Die industry to advance rapidly from the production of simple mould products to the manufacture of medium-precision mould and more complex Die and Mold maker from Taiwan producers are known for their short lead times and competitive prices.
Today, mould and die competition is fierce! There are more mould and die competitors offering more choices and more ways to purchase with precision mould machines. Mould customers are more demanding and have higher expectations for their mould productions. There's greater price resistance to overcome. Profit margins are slimmer and buying decisions take longer.
A new round of mold making industry adjustment is happening around the world, some mould factories are moving to developing countries, and China is becoming the place where you find cheap die and mold manufacturers. On the other hand, local die and mold making companies have to face new requirements for more precise moulds and dies.
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