Current status of the injection molding industry:
Market size and growth trend: The global injection molding plastic market size reached US5.64 billion in 2024 and is expected to be a composite of 6.4% between 2024 and 2029 Annual growth rate is increasing. Injection molding technology is widely used in many industries such as automobiles, packaging, and medical care, which has promoted market growth.
. Technical Progress and Innovation: The injection molding processing industry has made significant progress in technological innovation. Intelligent and automated upgrades have improved production efficiency and product quality stability, and technologies such as micro foaming technology and multi-material co-injection molding have also been widely used. These technologies not only reduce costs, but also improve product diversity and functionality.
. Environmental protection trend: With the improvement of environmental awareness, the injection molding industry is paying more and more attention to sustainable development. The increased use of recyclable materials and bio-based plastics has promoted the development of green injection molding technology. In addition, governments have increasingly stricter restrictions on the use of plastic products, prompting the entire industrial chain to accelerate the pace of transformation and upgrading.
Injection Molding Industry Prospects:
Growth of Market Demand: The application of injection molding processes in automobiles, packaging and other industries is constantly increasing, and the growth of these industries is expected to continue to promote the development of the injection molding plastic market. With the recovery of the global economy and the rise of emerging markets, market demand is expected to expand further.
. Technical Innovation Direction: In the next few years, the injection molding processing industry will strengthen R&D investment and promote the application of new materials and new technologies. The further development of intelligence and automation technology will be an important trend in the industry. In addition, technological innovation in recycling and reuse of waste plastics will also promote the construction of a resource-saving society.
. International Cooperation and Market Competition: Deepening international cooperation and participating in international market competition will be an important development direction of the injection molding industry. Through global resource allocation and localization strategic layout, enterprises can gain a larger share in the international market.
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