Next four years, global demand for injection molding machines CAGR 7.43%

Date：2016-07-01 10:41:43

Leading market consulting firm Research and Markets recently published study reported that, in recent years, the global injection molding machine market steady development, the next few years, the industry will continue to grow at a CAGR of 7.43%.

The report notes that the huge potential for development of injection molding machines for the plastics processing industry injection molding machine industries grew rapidly opened up a vast space. Injection molding machine to make plastic products, improve production efficiency, while also easily automated. Therefore, this kind of machine has become the fastest growing plastic injection machinery, one of the largest number of production models.

Data show that the world's total production of injection molding machines accounted for 50% of the overall plastics molding equipment, injection molding machines and injection molding products accounted for 30% of global plastic products. Thus, the plastic injection molding machine to become a major energy plant equipment.

The consulting firm said that plastic injection molding machines in the production process of application is extremely broad, is essential to the process of plastic products production models. In recent years, the global automotive, construction, household appliances, food, medicine and other industries demand for injectable products has intensified. This contributed to raising the level of injection molding technology and global injection molding machine market movements largely.

Market analysts said the second half of 2013 in spite of the injection molding machine market demand in Southeast Asia, India, Thailand and Indonesia and other countries are still in a growth period of stagnation, however Chinese injection molding machine market there are significant growth. According to incomplete statistics, China now has 546 local manufacturers of injection molding machinery, injection molding machines annual accounts for 62.97% of the world's annual production of injection molding machine, on a large, very large injection molding machine is developing rapidly. With the rapid growth of the national economy and the rapid expansion of plastic consumption, the next few years, China will usher in a new round of injection molding machine production "burst" period.

In addition, the injection molding machine production the United States, Japan, Germany, Italy, Canada and other developed countries is also growing, which account for a large proportion of the entire injection molding machinery output.

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