China's high-end hardware bearing casting industry is developing well

The shaft casting industry has developed rapidly this year. With the vigorous development of the automotive, aerospace, and medical industries, it has provided a broad development platform for the domestic machinery foundry industry. The mechanical casting industry has been steadily advancing in the traditional market while actively exploring new markets. The current Chinese mechanical casting industry is moving in the direction of high product quality and lower manufacturing costs.

With the continuous increase in the demand for stainless steel tools and hardware in China, with the continuous improvement of China’s economic status and the continuous development of China’s hardware industry, China’s hardware products are also increasingly exported to other countries, and the increase in overseas demand has directly boosted domestic demand in China. The increase in product output of foundry companies. According to Luo Baihui, secretary-general of the International Model Association, at present, China's hardware bearings have already constituted a relatively large economic scale. However, due to the enhancement of development methods, industrial structure, independent innovation, and brand building, domestic demand will be boosted, which will promote strong and radiation effects. Large-scale precision bearings and other basic machinery casting industries are the key industries for the development of the “Twelfth Five-Year Plan” and strive to bring them to or near the international advanced level. It is expected that with the support of the policy, the sales of the high-end bearing foundry industry will reach 222 billion yuan by 2015.

The domestic high-end bearing casting industry is shouldering the challenge of the important mission of localization of high-end equipment in China, and considering the excellent R&D, casting, and innovation capabilities of Axis Research, we believe that in the future, it will be able to support the important task of localization of major equipment in China.

Under the guidance of the "Twelfth Five-Year Plan", China's high-end bearing casting industry has formulated an industry development plan. Formulated guidelines for the development of the domestic mold industry with projects and exporting two carriages. Driven by various developments in rail transit, medical equipment, new energy, aerospace, automotive lightweighting, and rail transit, China's bearing casting industry has significantly improved its level.

Bearing foundry industry in the traditional market stable progress while actively exploring emerging markets, and even the marginal market has been neglected in the past have also been developed, these factors make the mold market to achieve significant results. Looking forward to the future to achieve more brilliant achievements.