The plastic and hardware mold industry is a key supporting field for industrial production. It uses molds to process plastic or hardware materials into various components and products.

At the technical level, cutting-edge technologies such as CNC machining, electrical discharge machining, and 3D printing have been integrated to significantly improve the accuracy and efficiency of mold manufacturing, enabling precise machining of complex structures and small sizes. Meanwhile, hot runner technology and gas assisted molding technology are widely used in the field of plastic molds, which can optimize product quality and reduce costs; Continuous stamping, multi station progressive die and other technologies are used to improve production efficiency and accuracy in hardware mold manufacturing.

From the market perspective, this industry has a wide range of applications, covering many fields such as electronics, automobiles, home appliances, toys, etc. In the field of electronics, the demand for miniaturization and lightweight of products such as mobile phones and computers has driven the development of high-precision and miniaturized plastic and hardware molds; The automotive industry's demand for high-performance and high-precision components drives mold companies to continuously innovate and upgrade; The home appliance and toy industries require diversified and personalized molds to meet market demand. In recent years, the market size of the industry has steadily increased, but the competition in the mid to low end market is fierce, while the high-end and precision mold market has broad development space.

At present, the industry is also facing challenges, as fluctuations in raw material prices affect cost control; The market's demand for molds made of green, environmentally friendly, and high-performance materials is increasing, and companies need to accelerate research and development; With the development of intelligent manufacturing, enterprises need to improve their automation and intelligent production level to enhance their competitiveness.