Market Monitoring: China's Injection Molding Machine Steps Up to Globalization

Injection molding machine is one of the types of presses with a large amount of output and application in China. It is also one of the types of presses where the gap between the development level of China's plastic machinery and developed countries is relatively small. With the continuous improvement of China's plastic machinery technology, the use of plastic products The more extensive, the injection market in China is now moving toward globalization.

It is understood that the global market for injection molding machines is a multi-polar distribution. Among them, the German injection molding machine industry is at the forefront and has a large advantage in the global injection molding machine market competition; North America and Japan's precision, large-scale injection molding machines, due to the high technology and High added value and strong competitiveness. In recent years, after years of hard work and technological innovation, China's injection molding machines have made considerable progress in the field of mid-end injection molding machines, and have also made breakthroughs in the high-end fields. Thanks to this With the environmental background, the global market share of the Chinese injection molding industry is expected to increase further.

Downstream consumption upgrade Continue to expand market scale

The downstream industry will affect the change of the injection molding machine market to a certain extent. Among them, the increase in the use of plastic products will further expand the scale of the injection molding market.

The application industries downstream of injection molding machines mainly cover automobiles, household appliances, 3C industries, etc. Take the automobile field as an example. Although, China currently accounts for less than 8% of global automotive plastic composite materials, with far more usage. It is lower than the developed countries. However, with the increasing demand for lightweight vehicles, the coverage of automotive plastic products is becoming more widespread. The demand for the automotive plastics market in the future will continue to expand. According to Shanghai Securities Forecast, by 2020, the total amount of automotive plastics in China will reach 8.32 million tons, a compound growth rate of 37%.

Another example is the emerging technology industry - 3C industry, the proportion of plastic products used in China is also increasing. Plastic ultra-lightweight, flexible and other characteristics, making it popular in the 3C industry. According to statistics, 2018 In the first quarter of the year, the cumulative investment in fixed assets of China's computer, communications and other electronic equipment manufacturing industries increased by 15.4% year-on-year.

Mechanical Technology Innovation Continuously Strengthens Industry Competitiveness

With the development of technology, general specifications of injection molding machines have not met the market demand. Today's injection molding industry has increasingly favored some high-tech, innovative injection molding machines. After years of hard work, today, China's injection molding machines have From the previous high energy consumption, low efficiency toward the high gold content, high technology direction.

As far as the injection molding machines are concerned, Biotronics' two-board intelligent injection molding machine is a new generation of two-platen injection molding machine that realizes equipment interconnection, real-time monitoring of production and equipment, improves equipment utilization, and provides fault early warning and rapid maintenance services. The iPHM injection molding machine's life and health big data system is used to monitor the health status of the injection molding machine in real time, perform remote diagnosis and program repair, and bring more new experiences and higher economic benefits to the user.

In addition, Haitian International, Izumi, Lijin and other outstanding Chinese companies are constantly improving their competitiveness and are committed to the development of high-quality injection molding machinery. While expanding the scale of the company, they also further occupy the global injection molding market share.

Government policy support, continue to maintain steady development

Benefiting from the national 4 trillion investment policy, China's injection molding machine industry has maintained steady growth. The CAGR of the plastics machinery market capacity in 2010-2016 was 4.29%, and the market size in 2017 reached 45 billion yuan, a year-on-year increase of 16.5%. Personnel expect that China's injection molding machine will account for one-third of the global market in 2019, and the market scale will reach 53.6 billion yuan in 2020.

At the same time, the export of injection molding machines in China has shown an increasing trend in recent years, and imports have shown a downward trend. From 2010 to 2017, the compound export growth rate of China's injection molding machines was 9.38%, and the compounded growth rate of import amount was -3.21. This data further explains China's injection molding machine products are no longer confined to China, but have become competitive internationally.

It is understood that the demand for the injection molding market will continue to grow in 2018. With the increase in the competitiveness of China's injection molding machine market, the consumption of plastic products will increase. China's injection molding machines are expected to enter a globalized world this year.

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