Global Automotive Tooling (Molds) market will reach 45500 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch • China and Europe is now the major consumption regions of Automotive Tooling (Molds), in the coming years there is an increasing demand for Automotive Tooling (Molds) in the regions of China and other developing countries are expected to drive the market for more advanced Automotive Tooling (Molds). • Globally, the Automotive Tooling (Molds) industry market is low concentrated as the manufacturing technology of Automotive Tooling (Molds) is relatively matures than some high-tech equipment. And some enterprises, like Toyota, Yanfeng Visteon, Simoldes, Yifeng, Himile, etc. are well-known for the wonderful performance of their Automotive Tooling (Molds) and related services. At the same time, China, occupied 26.93% consumption market share in 2016, is remarkable in the global Automotive Tooling (Molds) industry because of their market share and technology status of Automotive Tooling (Molds). www.qyresearch.com
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• The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. • The global Automotive Tooling (Molds) market is valued at 29500 million US$ in 2017 and will reach 45500 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2018-2025.
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