NEWS

As the world's largest foundry country, China's foundry industry has a market size of about 400 billion, accounting for 45% of the global market; There are more than 24,000 foundries, and the total output of castings in 2022 is 51.7 million tons, maintaining a steady growth. But at the same time, there are overcapacity, high energy consumption, high pollution, not strong, not refined problems, energy conservation and emission reduction pressure, shortage of skilled workers, weak independent innovation ability, serious homogenization competition. According to statistics, there are more than 1,000 casting enterprises with an annual output of more than 10,000 tons of castings in the country, and nearly 200 enterprises with an annual output of more than 50,000 tons. The production of more than 2,000 castings accounts for more than 55% of the country's total production capacity. The head enterprise lacks customization ability or small batch trial production ability, the development of new products is slow and the cost is high; The capacity utilization rate of "long tail" enterprises is low, and most of them will be eliminated; Only the head enterprises in the "long tail" can survive after relying on 3D printing and automation rates, and may have several times the room for concentration improvement.