At present, although the development situation of China's pump casting industry is depressed, but the development of its related industries is in full swing, which provides a potential market demand for the development of the oil pump casting industry. Casting enterprises should vigorously expand the market of key industries related to casting, and seek greater target market and development space.
Since China's accession to the WTO, China's oil pump die casting industry actively relies on the domestic market to enter the international market, and has made good achievements. However, the awkward situation of shrinking market demand under the recent international environment directly leads to the decline in the export growth of China's oil pump die casting products. Moreover, the development of China's oil pump die casting industry has increased the development risk under the situation of the spread of the eurozone sovereign debt crisis.
