The challenge and chance of investment casting
In 2016 WIC meetings shows that all of the world for the investment casting Ludox market requirement is rising steadily. In china, investment casting production is the first in the world. The Ludox investment casting production is approximately 2.2 billion dollars. But that production is less than 20% of the world’s production.The main reason is the product level has a gap with the developed countries.At present,the competition of Chinese investment casting is development a high level and the normal fittings almost from Asia, which results in the market enlargement will be reduced.
In recent years, the Chinese low wage labor, government support, plan resource and the environment control, which be developing countries replaced.However, the new technology and the concept could promote the China investment casting development.
That is the challenge and chance of China investment casting market. Hope in the future, Wenzhou Wanhong Valve Co., Ltd with the China investment casting market progress together.