Vietnam Molds and Dies Market By Product Type, and By End User - Analysis and Forecast To 2020

Mar 07, 2016, 17:48 ET from Reportlinker

NEW YORK, March 7, 2016 /PRNewswire/ -- Moulds and dies are used to turn metal, plastics, glass, rubber, and other source materials into standardised components. Moulds and dies are therefore important to a very wide range of industries including plastics, hardware, electric equipment, toys, home appliances, watches and clocks, auto parts, communication equipment, office instruments, optical instruments, consumer electronics, and other products.

Molds and dies are one of the most important machine tools used by various industries to carry out mass production. Molds are used when the products that are being manufactured, need to be hollow in the middle. Dies are used to stamp solid products out of media such as steel.

On the basis of product type, the Vietnam molds and dies market is classified into plastic molds, sheet metal dies, die casting dies, forging dies, jigs, fixtures, and gauges, and others. The others category includes press dies, powder metallurgy dies, rubber dies, and ceramics dies. Electronics & electrical, plastics, and automotive industries are the major end users of the Vietnam molds and dies market. Apart from these, other end users of the Vietnam molds and dies market include sectors, such as industrial machinery, healthcare, glassware, and so on. There are large number of local manufacturers, suppliers, and distributors operating in the Vietnam molds and dies market.

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