What is the potential for domestic substitution of injection molding machines in China?

[ Focus on Chemical Machinery and Equipment Network ] As we all know, if any industry field cannot be localized, it means that it needs to purchase at a high price in the international market, and faces technical blockades and export bans at any time, thus falling into a passive position
.
Therefore, the localization rate is a manifestation of a country's comprehensive strength.
This article will focus on the domestic substitution power in the field of plastic machinery
.

 

From a global perspective, the three major categories of plastic machinery are injection molding machines , extruders (extrusion production lines), and blow molding machines in order
.
The total output value accounts for more than 80% of the total output value of plastic machinery.
Among them, injection molding machines have always been in the leading position in the field of plastic machinery processing machinery, with an output value point ratio of about 40%.
Currently, 83% of plastic processed products use injection molding
.
It can be seen that injection molding machines account for the largest proportion
.

 

The largest consumer market for injection molding machines in the Asia-Pacific region-China
 

At present, China, as the largest consumer market for injection molding machines in the Asia-Pacific region, is expected to have a market value of US$3.
71 billion in 2025
.
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
.
According to the forecast of the Huajing Industry Research Institute, in the next five years, with the acceleration of automobile lightweighting, the expansion of plastic applications and the increase in overseas demand, the market size of China's injection molding machine industry is expected to exceed 50 billion yuan
.

 

A set of statistics recently deployed by the customs shows that the increase in China's injection molding machine exports from January to May 2021 is higher than imports, confirming that overseas demand is growing rapidly
.
At the same time, the domestic substitution rate of injection molding machines and extruders in China is rapidly increasing
.

 

According to statistics from the General Administration of Customs, from January to May 2021, the total value of imports and exports of 12 key tariff lines for plastic machinery in China was US$2.
385 billion, a year-on-year increase of 52.
09%, a further increase over the previous four months
.
Among them, the import value was nearly US$910 million, a year-on-year increase of 38.
55%, and the export value was about US$1.
475 billion, a year-on-year increase of 61.
84%; the trade surplus was US$565 million, a year-on-year increase of 121.
81%
.
From the perspective of product breakdown, the import and export of injection molding machines and extruders continued to maintain a two-way high-speed growth, and the growth rate of exports was higher than that of imports
.

 

In fact, as early as a few years ago, China's press companies have begun to gradually narrow the gap with Japan and Europe, and gradually occupy the global press market share, and companies are getting closer to the high-end market and import companies
.
According to the announcement of domestic injection molding machine companies represented by Haitian, Yizumi, Chen Hsong, Bole, etc.
, the annual sales in 2020 reached a record high.
Both exports and domestic sales are showing a linear growth trend.
The industry boom throughout the year.
In the past two decades, domestically-made equipment has continuously squeezed the share of international brands, and its output has now reached the first place in the world, and the market value is expected to reach 3.
71 billion US dollars in 2025
.

 

　　According to the rankings of the Plastic Machinery Yearbook, Haitian has continued to be at the forefront of the country in recent years.
Enterprises in the second echelon include Yizumi, Chen Hsong Group, and Bochuang Intelligence
.
Among them, Yizumi has continued to rise in the industry rankings in the past three years with its continuous technical investment and active sales strategy.
It is expected to continue to increase its market share in the future and become the leader of the second echelon of domestic plastic machines
.

 

　　At the moment, it is the critical period for the vigorous development of plastic machinery enterprises
.
In the context of the digital age of "Internet of Everything", concepts such as intelligence, big data, and cloud intelligent manufacturing have been continuously implemented.
Haitian keeps up with the development trend of the times, continuously promotes digital reforms, and strives to realize the digital transformation of traditional manufacturing
.

 

　　Nowadays, traditional domestic enterprises in China are increasing their investment in research and development of injection molding machines, putting innovative technology in the first place, and are committed to making up for the technical shortcomings of domestic injection molding machines
.
As the technological gap between China and imported machines has been narrowing in recent years, the market share of domestic machines has increased year by year due to their price advantages, and it will become an irreversible trend that domestic injection molding machines with high cost performance will replace imports
.

 

　　Current market demand for injection molding machines-digital intelligence, higher cost performance
 

　　At present, injection molding machines are widely used in various fields of national defense, electromechanics, automobiles, transportation, building materials, packaging, agriculture, culture, education and health, and people's daily life
.
With the rapid development of the plastics industry today, injection molding machines occupies an important position in terms of quantity and variety, and their total production accounts for 20%-30% of the entire plastic molding equipment, making it the fastest growing among plastic machinery at present.
One of the most popular models
.
As competition in the injection molding machine industry continues to intensify, mergers and acquisitions and capital operations among large companies are becoming more frequent.
Domestic and foreign injection molding machine companies are paying more and more attention to the analysis and research of the industry market, especially the current market environment and the in-depth changes in customer demand trends Research, in order to occupy the market ahead of time and gain first-mover advantage
.

 

　　In April of this year, Haitian exhibited the MA/K series injection molding machine, a servo-hydraulic ultra-high-speed solution with an injection speed of up to 1000mm/s, for the first time in the world
.
The latest K-series ultra-high-performance injection molding machine of Haitian High Speed ​​Machine has realized, for the first time, a domestically developed ultra-high-speed injection molding machine with a maximum shooting speed of 1000mm/s and a maximum response time of less than 18ms
.
The "flash pressure" direct-drive injection structure design has made the appearance of this machine greatly promoted the development of the thin-walled packaging industry
.

 

　　At this year’s Chinaplas, the Yizumi FF electric injection molding machine is equipped with multiple intelligent functions.
It is the first to show the prototype of the intelligent machine and demonstrate two solutions on the spot-the 64+64USB data line and lower shell T-mold solution and the Bluetooth headset warehouse automation solution , Allowing customers to experience intelligent injection molding in many ways
.
Among them, the SCFM intelligent clamping force management system independently developed by Yizumi has undergone a new upgrade based on the set clamping force automatic adjustment mode.
The SCFM system includes real-time mold clamping force measurement, smart recommendation, and no Shutdown adjustment, automatic maintenance and other functions can help the operator quickly and conveniently control the injection molding machine, set a reasonable clamping force according to the injection molding process, and produce qualified products
.

 

　　As one of the world's largest manufacturers of injection molding machines, Chen Hsong showcased its industry-leading injection molding technology and all-electric injection molding machine products at this year's Chinaplas
.
Chen Hsong’s main cost-effective MK6 has become the preferred product in the all-electric injection molding machine market due to its technology and superior performance
.
At the same time, Chen Hsong devoted himself to research and innovation, and created a new generation of MK6 upgrade product MK6e injection molding machine
.

 

　　At this year's Chinaplas, Borch launched three innovative products: intelligent injection molding solution for washing machine gimbal, intelligent injection molding solution for bookmarks, and Zhonghe Injection Molding Cloud Industrial Internet
.
Among them, the washing machine gimbal intelligent injection molding production line uses the BM500-3C two-plate horizontally opposed three-color machine as the host to integrate multiple automation equipment to form an injection island.
The injection island auxiliary equipment (cold water machine, cold water machine, The operation of the mold temperature machine, the manipulator), the intelligent interconnection of the injection molding unit to form an intelligent injection unmanned production line, which realizes the injection of multi-process products, the robot picking, CCD inspection nozzle, cutting nozzle, robot handling, air tightness inspection and palletizing
.
This device is a successful case of Borch in the field of smart home appliances
.

 

　　Looking at the overall development of China's injection molding machine industry, due to a late start, China's current injection molding machine technology still has a certain gap compared with foreign countries
.
Moreover, the current production structure of the injection molding machine market is relatively fragmented, with the exception of Haitian Plastics Machinery, whose market share does not exceed 5%
.
From the perspective of the import market, Japan and Germany are the main importers of China’s injection molding machines.
On average, half of the world’s exports come from Europe.
The precision injection molding machines and large injection molding machines produced in European countries represented by Germany have high technical content and high Value-added, high profit margins, almost monopolizing the high-end market, domestic enterprises have a large potential for substitution
.

 

　　In 2015, the localization rate of injection molding machines has reached 81%, domestic plastic machinery is occupying the main domestic market share, and there is still room for import substitution of high-end injection molding machines
.
Yuan Zhonghua, President of Operations of Borch, once said: Compared with excellent foreign companies, we are'overtaking on the corners' in digital innovation, but we still have a long way to go in terms of the quality of the equipment itself
.
Innovation and technology, both need to be grasped at the same time
.
Judging from the current stage, domestic enterprises in China have gradually increased their R&D investment in injection molding machines.
Two-platen machines and motors have become the mainstream, while the price of domestic two-platen machines is 30% lower than that of foreign products.
The trend of replacement of imported equipment with more cost-effective domestic equipment will be more obvious
.

 

　　Source: General Administration of Customs, Huajing Industry Research Institute, Leading Industry Research Network, Bochuang, Haitian, Yizumi, Chen Hsong
 

　　Original title: What is the potential for domestic substitution of injection molding machines in China?