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The market prospect of iron pot foundry industry is broad

Zhejiang JMJ Houseware Co.,Ltd | Updated: May 23, 2017

Iron Pot Foundry industry is an important industry for the livelihood of the economy, is the automobile, petrochemical, steel, electric power, shipbuilding, textile, equipment manufacturing and other pillar Industries Foundation, but also an important component of manufacturing. Cast iron accessories manufacturers believe that the future of foundry industry is very broad.

The State attaches great importance to the development of new and renewable energy sources, such as hydropower, nuclear power, wind energy, solar energy and bioenergy industries, which have achieved high growth, and the three consecutive years of wind power generation capacity has doubled, and China's non-ferrous metal foundry industry has hoped to make breakthroughs in this field.

The upgrading of some mechanical equipment and the steady increase of large-scale advanced equipment demand will provide a wider market space for foundry industry. Enterprises should focus on the process, materials and manufacturing to speed up the pace of innovation, and strive to form a high level of development of large-scale casting and forging independent manufacturing capacity.

Experts analysis that the production of iron pot castings in China for 10 consecutive years ranked first in the world, product sales also maintained a better market prospects. At present, although the recovery of the international market will still take some time, but the domestic market for casting products more vigorous demand, casting industry still has a greater market opportunities.