Focusing on the field of plastic injection moulds for 20 years, with rich practical experience and professional knowledge, to provide quality mould solutions for a number of enterprises
The automotive part industry is quite a large and competitive market, with a massive valuation of $651.9 billion in 2022. It is expected to grow with a compound annual growth rate of 6.3% from 2023 to 2030. As car adoption is getting more and more popular around the world, the need for car parts grows exponentially.
Auto parts are an important industry with a massive valuation of $651.9 billion. Every single car on Earth will need replacement parts over the course of its lifespan, and that is why the industry thrives. However, while auto parts are necessary, they are not always reasonably priced. In fact, buying new replacement parts will be a major financial burden for car owners down the line.
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