China's output of injection molding machines at 101,000 by 2018

China’s production and export of injection molding machines is expected to grow in the period 2014-2018, according to projects by Research and Markets in its latest report on this industry.  

In 2013, China exported 22,946 sets of injection molding machines valued at $932 million, 3.78% higher than 2012 value. With the increasing demand for plastics, plastic machinery industry has huge market potential. From the global perspective, the top three plastic machinery types are injection molding machine, extruder/extruder production line and blowing molding machine, which account for more than 80% in the plastic machinery total output value. Among them, injection molding machine accounts more than 50% of the total output value of these three main types of plastic machines. 

In 2013, output of China's injection molding machines reached 82,000 sets, rising by 4.21% compared with 2012. On the whole, the growth of China's injection molding machine industry gradually slowed during the year of 2007 to 2013, but the output was still rising. During 2007 to 2013, the average growth rate of output of China's injection molding machines was 4.77%.  

As this report estimates, the market supply volume of China's injection molding machines will reach 86,175 sets by 2014, 89,612 sets by 2015 and about 101,095 sets by 2018.