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Many factors have stimulated the rapid increase in market demand for injection molding machines

Issuing time:2019-05-15 14:23



China has the largest population in the world,coupled with the rapid rise of the automotive and electronics industries,so that it occupies the largest market share. 85% of the cost of injection molding machine comes from direct materials, and 50% of the cost of direct materials comes from castings, pig iron, steel, tie rods, screw barrels, etc.

Therefore, the injection molding machine industry is more sensitive to price fluctuations in raw material costs. The quality and supply capacity of raw materials and parts in the upstream of the industrial chain also affect the production of injection molding machine companies, thereby affecting the overall development of the industry. Speeding up the process of car lightweighting. In recent years, with the need for environmental protection and energy saving, both fuel-fueled vehicles and new energy electric vehicles have shown a trend of lightweight. The so-called lightweight car means to reduce the overall weight of the car as much as possible under the premise of ensuring the strength and safety performance of the car, thereby improving the power of the car and reducing fuel consumption and gas emissions. Plastics have the characteristics of light weight, easy forming, strong corrosion resistance, and elastic deformation. Increasing the use of plastic parts in the vehicle can reduce the cost and weight of the vehicle,and increase the effective load of the vehicle.With the development trend of new energy vehicles and lightweight production of vehicles,the demand for automotive plastic parts will also increase significantly. A 1.5-ton car contains an average of 12%-15% plastic materials and more than 2,000 plastic components. Plastic products cover almost the entire car, covering the main interior and exterior decorations such as dashboards, hollow boxes, seat accessories, and various switches.Panels, air intake grilles, wheel covers, engine structural parts,

air conditioning system structural parts, etc. have become the most important raw materials for automobiles besides metal.

According to Yizumi’s 2020 financial report for the first quarter of 2020, Yizumi’s industry continued to have a relatively high degree of prosperityin the first quarter of 2021,

with good business conditions. In January and March of this year, domestic orders for injection molding machines hit record highs in succession; The sales of die casting machines recovered rapidly with the boom of the automobile industry, and the sales of products also had a relatively high growth. Operating income reached 760 million, a year-on-year increase of 115.22%.

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