However, compared with those in developed countries, injection molding machines in China still have a way to catch up on technology and varieties.
Since many automobile manufacturers and electronics & electrical appliances manufacturers congregates on “Yangtze River Delta” region, now major consumption market of injection molding machines in China is spreading from the South to the North especially adjacent areas of Shanghai
. In detail, there is still not little blank on such varieties as super-large or special precision injection molding machines; meanwhile, self-support rate of home-made injection molding machines for products processing is only about 45%; while for high-end products processing, most adopt imported injection molding machines.
As for industrial machinery, presently most of other machinery processing enterprises have got poor benefits; while only injection molding machines have rapidly developed. In the past few years, injection molding machine producers have got greatly improved on technology and management. Following it, per capita sales revenues have been increasing year after year, from RMB 198,114 in 2000 to RMB 462,012 in 2006 up by three times.
China Injection Molding Machine Industry is mainly distributed in Guangdong province, Jiangsu province and Shandong province, totally accounting for 88, having increased by 14 enterprises over that in 2005.578 billion in 2006. And with sustaining and promising market, many enterprises which originally produced machine tools, textile machinery and power equipments, also started to produce injection molding machines.
China is the largest producer of injection molding machines in the world, Zhuji Guanghui Machinery and in fact it ranked 1st in the world on both of yield and consumption. In 2000, market capacity of the whole industry realized RMB 4.
And meanwhile, newly-established injection molding machine producers are also rapidly growing; therefore, there mainly exist price war and discount war for ordinary injection molding machines.598 billion, and then it increased to RMB 14. Totally speaking, the market still kept a stable growth and gross profit margin is in decline; while profits are rapidly climbing. Undoubtedly, all of these have showed that China Injection Molding Machine Industry has been in a growing period.Such as casting mould,mold making,plastic injection mold and so on. Totally speaking, research and manufacturing of injection molding machines cannot still satisfy demands brought by development of plastics industry in China.