​Injection molding machines are widely used and have a bright future

Due to the wide range of applications with diverse functions, injection molding machines will continue to maintain the most important position and will occupy two-fifths of the machinery sales market by 2021. According to a recent report, the global plastic processing machinery market is expected to grow at an annual rate of 6.9%, and the global market will reach 37.1 billion US dollars in 2021.

China is by far the world's largest machinery and equipment market, accounting for 29% of the global market in 2012, and will continue to lead the global market demand. India will be the fastest growing country in the world, accounting for 12% of the global market share in 2013. In terms of global regional markets, the central and southern markets of the United States have the fastest growth rate, followed by Africa and the Middle East. It is expected that by 2021, affected by the development of the global transportation industry, machinery manufacturers in Asia and the Pacific will be able to obtain the advantage of fast delivery.

In the first three quarters of 2013, the import and export trade deficit of China's injection molding machines reached US$48.76 million, a sharp drop of 72.2% year-on-year; injection molding machines accounted for 47.7% of the top ten import fields for modified plastics. Injection molding machines are one of the categories with the largest commercial deficit in the China Plastics Machinery market. Extruder is one of the machinery in my country's plastic machinery foreign trade market second only to imported injection molding machines. In the first three quarters of 2013, my country exported 9,262 extruders with a total value of USD 238 million, accounting for 48.2% of the top ten export destinations.

In recent years, with the increase in demand for downstream plastic products, the overall domestic market demand for plastic machinery in my country has grown steadily. According to the "Twelfth Five-Year" development plan of the plastic machine industry, in the next five years, the plastic machine industry will grow by more than 12% annually, and the total industrial output value and total sales of the entire industry will reach more than 50 billion yuan. Since the current domestic market is less active than the international market, the domestic situation will prompt more companies to go international. It can be expected that in the future, the plastic machine industry will experience an export boom, and this fierce domestic competition will be transmitted to the international market. At that time, the international market will usher in a trend of fierce competition and rapid growth.

"3D plastic printers will be the fastest growing plastic processing equipment, expanding from a relatively small market status to other areas of processing and production. With the support of the rapid growth of the world construction market, the sales of extrusion machinery will welcome Come a period of fastest growth." Cleveland Research Group said.

From the perspective of sub-categories, in the first three quarters of 2013, China's cumulative imports of injection molding machines to Brazil, Thailand, Turkey, Indonesia, the United States and other places are very different, and they are limited to US$45,44 million. The cumulative imports of my country’s injection molding machines from these five major import sources accounted for 34.8% of my country’s total injection molding machine exports during the same period. Since last year, my country’s injection molding machine imports have fallen by 18.1%. Generally speaking, imports have increased slightly, but year-on-year The increase is small.

In 2012, China's top three importers of injection molding machines were Thailand, Indonesia and Brazil. Since the beginning of this year, Indonesia and Brazil have seen weak growth, while Thailand has seen a sharp drop of 36.8%. This indicates that the overseas injection molding machine market is gradually developing and stronger, and the future needs to be more cautious in overseas investment in injection molding machines and modified plastics.

According to a recent study, a better marketing atmosphere is coming, judging from the acceleration of fixed investment expenditures and the production of plastic products. Packaging will be the largest market for plastic processing machinery and is expected to exceed one third of total sales by 2021. The next largest end market will be consumer products and construction.