Analysis of the latest progress in the injection moulding machine industry

As an important part of modern manufacturing industry, injection moulding machine industry has made remarkable progress in recent years. Especially in terms of technological progress, market expansion and industrial upgrading, the injection moulding machine industry has shown vigorous vitality.
First of all, at the technical level, China's injection moulding machine industry continues to achieve breakthroughs. Intelligence and precision have become the main trends in the development of injection moulding machine technology. For example, leading companies such as Haitian International have launched a series of high-performance and high-precision injection moulding machine products through continuous technological research and development, meeting the market demand for complex and high-precision plastic products. In addition, energy saving and environmental protection have also become an important direction in the development of injection moulding machine technology, with the new generation of injection moulding machines excelling in reducing energy consumption and waste emissions.
Secondly, the market demand continues to grow. Injection moulding machines are widely used in automotive, home appliance, packaging, medical and other fields, of which the automotive and home appliance industries are the largest downstream application markets for injection moulding machines. With the recovery of the global automotive industry and the steady growth of the home appliance market, the market demand for injection moulding machines continues to expand. Especially in the field of new energy vehicles, the application of lightweight materials has brought new development opportunities for the injection moulding machine industry. In terms of import and export, China's injection moulding machine industry has been maintaining a trade surplus. According to the data of the General Administration of Customs, the export volume of China's injection moulding machines in 2021 was 49,387 units, and the export value reached 1.694 billion US dollars, a year-on-year increase of 39.5%. The export destinations are mainly concentrated in emerging economies such as Vietnam, UAE and Turkey. Meanwhile, the unit price of China's injection moulding machine imports is much higher than the unit price of exports, indicating that the domestic high-end injection moulding machine market still relies on imports, but the average price of imports has been on a downward trend in recent years, showing that the competitiveness of the domestic injection moulding machine industry in the high-end market is gradually increasing. In terms of enterprise competition pattern, China's injection moulding machine market has a high degree of concentration, Haitian International, Izumi, Terry machines and other enterprises occupy a dominant position in the market. Among them, Haitian International has become the industry leader with a market share of 46.8%. These enterprises have consolidated their industry position through continuous technological innovation and market expansion.
In the future, with the further recovery of the global manufacturing industry and the promotion of domestic industrial upgrading, the injection moulding machine industry is expected to usher in a broader space for development. Intelligent, green, service will become the main direction of industry development. At the same time, with the continuous progress of domestic enterprises' technology, the localisation rate of high-end injection moulding machine market will be gradually improved, reducing the dependence on imports.
In short, the injection moulding machine industry has made remarkable progress in technological innovation, market demand, enterprise competition, etc., and the future development prospect is broad. Domestic enterprises should seize the opportunity to strengthen technology research and development and market expansion, enhance international competitiveness and achieve sustainable development.