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How to face the status quo of the casting and forging market

2021-08-19
How to face the status of the Casting And Forging market


In recent years, Zhejiang Huaguang Precision Manufacturing Co., Ltd. has made great progress in Forging Products. From a macro point of view, it has also adapted to the overall development level of my country. However, we have also seen our own shortcomings. The consumption of large castings and forgings in my country Both the volume and output are developing at an average annual growth rate of about 20%, but the average annual growth rate of large-scale castings and forgings imports exceeds 25%, which exceeds the growth rate of consumption and domestic production in the large-scale castings and forgings market. In particular, the forging industry as a whole has a large gap with foreign countries, with a self-sufficiency rate of less than 60%, and there is still a lot of room for development.

At present, although my country's large-scale casting and forging manufacturing industry appears to have strong production capacity, its ability to provide products to the market is still insufficient. Some high value-added products with high technical quality, good economic benefits and excellent quality are still not produced or rarely produced by Chinese enterprises, and a large number of markets are squeezed by foreign manufacturers. Zhejiang Huaguang Precision Manufacturing Co., Ltd. has been continuously investing scientific research funds in this regard, increasing the upgrading of forging equipment, and continuously improving the quality and added value of forging products.

The next 10 to 15 years will still be a critical period for advancing my country's industrialization process. The metallurgy, electric power, petrochemical, shipbuilding and other industries will continue to develop, and the demand for large castings and forgings will increase accordingly. Although my country has built three large-scale casting and forging production bases, their equipment and technical capabilities have not been fully utilized. In recent years, in the process of realizing the localization of major equipment in my country, because the production capacity and product quality of domestic castings and forgings cannot meet demand, many large castings and forgings still need to rely on foreign imports, which has become a bottleneck restricting development. Therefore, to break through the bottleneck constraints of large castings and forgings through independent innovation and technological transformation to update technical equipment is an imperative of the general trend and brooks no delay.


How to become bigger and stronger in the forging industry is also a problem currently facing Zhejiang Huaguang. The global forging market forces domestic forging companies to upgrade and make high-quality forging products. Only in this way can we have a certain share in the global forging market.

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