The scale of my country’s injection molding products market is gradually increasing, with a large number of companies

Injection molded products refer to products formed by using an injection molding machine to heat, plasticize, and melt plastic, and then inject it into the cavity of the mold for molding. After cooling, the melt solidifies, and then it is demoulded. Compared with products made of other materials, injection molded products have the advantages of high production efficiency and strong stability. They can replace some high-precision metal parts and are widely used in consumer electronics, medical equipment, packaging, automobiles, communications, logistics and other fields.

Depending on the accuracy, injection molded products can be divided into high-precision injection molded products, low-precision injection molded products, etc. Among them, high-precision injection molding products are mainly produced using high-precision molds, mainly for large-scale mass production, and are mostly used to produce consumer electronics, medical disposable products, etc.; low-precision injection molding products mainly use general precision molds, which are larger in size and often It requires secondary processing and is mostly used to produce home appliances, toys, large medical equipment, auto parts and other daily necessities.

In recent years, my country’s economy and society have continued to develop, residents’ consumption levels have gradually improved, automobiles, home appliances, consumer electronics, medical equipment, logistics and other fields have developed rapidly, and the market demand for injection molded products has gradually increased. Among them, automobiles, home appliances and other fields have become the largest application markets for injection molded products. At present, my country’s automobile production technology is gradually improving, production costs are gradually reducing, and market penetration is gradually increasing. According to data released by the China Association of Automobile Manufacturers, in 2022, my country’s automobile production and sales will complete 27.021 million units and 26.864 million units respectively, a year-on-year increase of 3.4% and 2.1% respectively. As my country’s automobile market continues to develop, the market for injection molded products, as important parts of automobiles, has also gradually grown.

According to the “China Injection Molding Products Industry Market Supply and Demand Research Consultation Report 2023-2027” released by the Industrial Research Center, at present, with the Injection molding products have made breakthroughs in production technology, and their application scenarios have gradually broadened. They have been widely used in many fields such as high-speed rail trains, marine engineering, aerospace, and network information, and market demand has gradually increased. Against this background, the market size of my country’s injection molded products is gradually growing. In 2022, my country’s injection molded products market size will be about 614.37 billion yuan, a year-on-year increase of 8.2%.

Industry analysts said that at this stage, there are a large number of companies in my country’s injection molding products market, and the market competition is relatively fierce. The major large-scale enterprises in my country include Yokogawa Precision, Yatong New Materials, AD Plastics, Huachuang Yangan, Tianan New Materials, Tianrong Xinke, Jinsheng New Materials, etc. In order to seize market share, my country’s injection molding products companies continue to improve product research and development capabilities and improve product quality. With the gradual improvement of industry standards, smaller injection molding products companies are gradually being eliminated by the market due to various reasons such as gradually falling behind in production technology, lower product quality, and fewer product types. Their market concentration will gradually increase in the future.