Development status and future development trends of automotive stamping parts industry

The stamping process is manufactured from relevant initial materials according to requirements to produce parts with plastic deformation, so that they can obtain the required relevant shapes and qualified automotive parts. In automobile manufacturing, stamping parts are the main components of automobiles, and there are many categories of automobile stamping parts, including automobile shock absorber stamping parts, spring trays, spring seats, spring brackets, end caps, caps, and compression valve covers, compression valve sleeve, oil seal seat, bottom cover, dust cover, impeller, oil barrel, lugs, bracket, etc. The entire auto parts industry is greatly affected by the upstream and downstream prosperity. When downstream automobile sales decline and upstream raw material prices rise, the profits of midstream companies are squeezed; conversely, when the downstream vehicle boom and upstream raw material prices stabilize, the parts industry will have greater performance flexibility. Before 2016, the scale of my country's auto parts market maintained a steady upward trend. In 2017, it fell back due to the decline in downstream auto sales, and now it has re-entered a new upward cycle.