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2021 injection molding machine market development and supply and demand analysis

TIME:2020-12-29 Share

Injection molding machine is also known as injection molding machine or injection machine. It is the main molding equipment that uses plastic molding dies to make thermoplastic or thermoset plastics into various shapes of plastic products.

What are the types of injection molding machines?
Injection molding machines are divided into vertical, horizontal and all-electric types. The injection molding machine can heat the plastic and apply high pressure to the molten plastic to make it eject and fill the mold cavity.

2021 injection molding machine market development and supply and demand analysis report:
The injection molding machine has the ability to mold plastic products with complex appearance, precise size or dense texture with metal inserts at one time. It is widely used in national defense, electromechanical, automobile, transportation, building materials, packaging, agriculture, culture, education and health. All areas of people’s daily lives. With the rapid development of the plastics industry today, injection molding machines occupies an important position in terms of quantity and variety, and their total production accounts for 20%-30% of the entire plastic molding equipment, making it the fastest growing among plastic machinery. One of the most popular models.

Injection Molding Machine
At present, China is the largest consumer market for injection molding machines in the Asia-Pacific region, and the market value is expected to reach US$3.71 billion in 2025. China has the world's largest population, coupled with the rapid rise of the automotive and electronics industries, so that it has the largest market share. At present, the world's major manufacturers of injection molding machines include Chen Hsong Group, Engel, Arburg, Milacron, Demag injection molding machines, Haitian International, Husky, and Teri.

The market value of electric injection molding machines in 2017 was US$5.8 billion. The use of electric injection molding machines in multiple applications in the electronics, packaging and health care industries will stimulate its market demand in the next few years. In the same year, electric injection molding machines accounted for 34% of the global injection molding machine market share. The high adoption of new technologies such as gas-assisted injection molding, structural foam molding, co-injection and diversified components, plus the more dominant production costs compared to existing production technologies, will further encourage market growth. The market value of electric injection molding machines will grow the fastest in the next few years and is expected to record a compound growth rate of 5.7% from 2018 to 2025.
Injection Molding Machine
From a regional analysis, the US injection molding machine market value will record a compound growth rate of 1.1% in the next few years. Based on its demand for lightweight and complex auto parts, the United States has become one of the largest consumer markets for injection molding machines. In the next few years, the market value of injection molding machines in Germany will record USD 2.23 billion. The main market drivers include well-developed infrastructure and technology, research and development projects, and high-tech labor.

As competition in the injection molding machine industry continues to intensify, mergers and acquisitions and capital operations among large enterprises have become more frequent in order to occupy the market in advance and gain first-mover advantages. LISONG Machinery uses a variety of original information processing technologies to collect, sort, process, analyze, and transmit massive amounts of data in the injection molding machine industry market, and provide customers with a package of information solutions and consulting services to minimize customer investment risks and operations Cost, seize investment opportunities, and improve corporate competitiveness.

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