After five decades of development, China's plastics machinery industry has evolved from scratch to become a globally recognized force. Starting with limited knowledge and small-scale production, it has now grown into one of the most significant sectors in the global plastics industry. Among all types of plastics machinery, injection molding machines stand out as the largest category. The progress made in this field has garnered international recognition.
Currently, the development of injection molding machines in China showcases seven remarkable highlights:
First, injection molding machines contribute significantly to the overall output value of the plastics industry in China. Among the three major categories—molding machines, extruders, and blow molding machines—these account for over 80% of the total output. Injection molding machines alone make up more than half of that total.
Second, China leads the world in the annual output of injection molding machines. In 2006, the global annual output reached 91,480 units, with China producing 57,600 units—accounting for 62.97% of the global total. Ningbo alone produces about one-third of the world’s annual output, making it the largest production hub for injection molding machines globally.
Third, the total output value of injection molding machines ranks third worldwide, first in Europe, and second in Japan.
Fourth, injection molding machines are the leading export product in China's plastics machinery sector. In 2006, they accounted for 54% of the total plastic machinery exports, playing a crucial role in boosting the industry's international presence.
Fifth, the growth rate of the injection molding machine industry is the fastest within the broader plastics machinery sector. Since the new century, the average annual growth rate of China's press industry has exceeded 20%, with injection molding machines far ahead of other segments.
Sixth, the technological gap between China's injection molding machines and those of developed countries is the smallest among all plastic machinery types. Thanks to accelerated innovation and enhanced independent R&D capabilities, most Chinese injection molding machines have reached the level of the late 1980s, while some have even reached the 1990s standard, and a few are now at the forefront of global technology.
Lastly, the injection molding machine industry achieved a milestone by breaking through the "zero" threshold in terms of branded products. On September 11, 2007, China's plastics machinery industry won its first "China Top Branded Product" awards, with injection molding machines securing three of the medals. This marked a significant step forward in building domestic brand strength.
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