Ten years ago, the precision of precision mould is generally 5 microns and will keep increasing as time goes by. Now the precision has reached 2 to 3 microns and soon mould of 1 micron will be available on the market, which requires superfinishing. The mould industry will keep expanding because there are a growing number of mould-shaped components as well as the development of one mould and multiple cavities due to high production efficiency.

In addition to stamping and moulding parts, new type of multifunctional complex mould shall be capable of overlying, tapping, riveting and locking and other assemble-related functions. Besides, higher performance of steel is being increasingly required. “The development the future mould industry will be focusing on meeting a greater demand and applying high content of technology and especially moulds with large size, high precision, complexity and long service life that cannot be supplied by China and are to be imported in large quantity, and showing the development trend.

Luo Baihui, secretary general of the International Mould Association believes that China’s moulds display great price advantage in the international market, and mould brand with good prospect will become the focus of development.

This is especially true for the home decorative hardware industry which needs continuous development and innovation. The industry has a growing demand for home decorative hardware, and the home decorative hardware industry shows different changes. Many home hardware manufacturers separate the two intangibly. As a result, decorative hardware lays no stress on functional development and functional hardware fails to make sufficient development regarding its decorative function, which lead to the separation of the two types of hardware.