Die casting, also known as pressure casting, refers to a casting method in which molten alloy is filled into the mold cavity under high pressure and high speed conditions, and then cooled and formed under high pressure. Aluminum die-casting products are mainly used in automotive, machinery, electronics, lighting and other fields. Among them, auto parts are the most important application field of aluminum die-casting parts, accounting for about 70% of all aluminum die-casting consumption.
The largest downstream market and development support of the aluminum die-casting industry is the automotive industry. Therefore, the development of the automotive industry has a decisive impact on the aluminum die-casting market.
The automobile industry has a long industrial chain, wide coverage, and numerous upstream and downstream related industries, which play a very important role in China's economic construction. Since 2000, China’s auto market has shown rapid growth. From 2001 to 2010, the compound annual growth rate of my country’s auto production and sales reached 22.80% and 22.55%, respectively. Especially since 2009, China has become the largest country in the world’s auto production and sales. Keep it today. Although the compound growth rate of production and sales from 2011 to 2016 has declined, by 2016, China’s automobile production and sales reached 28.12 million and 28.03 million, respectively, representing a year-on-year increase of 14.46% and 13.65%, an increase of 11.21 percentage points and a year-on-year increase. 8.97 percentage points.
China's market share in the global automotive industry has increased from 3.5% in 2000 to 28% in 2015, becoming a veritable automotive power. With the continuous and rapid development of China's automobile industry, its importance in the national economy is also increasing, becoming one of the leading industries supporting and driving the sustained and rapid growth of China's economy.
The vigorous development of China Die Casting Factory has also greatly promoted the development of upstream and downstream related industries. According to the analysis of the National Information Center, the employment ratio between the automobile industry (including parts and components companies) and related industries is 1:7. From the perspective of the automotive industry chain, the automotive industry involves many industries and can drive the development of more than 100 industries. The Development Research Center of the State Council conducted an analysis of the input-output flow tables of 62 departments in my country in 2005, and the results showed that every 1 yuan value added by the automobile manufacturing industry can drive the upstream and downstream related industries to add 2.64 yuan. In 2013, the overall contribution of China's automobile industry to the national economy was more than 5%. With the continuous development of the scale of the automobile industry and product technology, and the continuous improvement of the automobile industry chain, the pulling effect of the automobile industry on the upstream and downstream related industries will be more significant.
