The injection molding machine is a kind of mechanical equipment that can see thermoplastic materials or thermosetting materials and make plastic products of various shapes through plastic molding dies. The injection molding machine manufacturing industry is a high-end manufacturing equipment industry in the equipment manufacturing industry, and is also a permitted item in the Foreign Investment Industrial Guidance Catalogue (Revised 2015). The auxiliary equipment of the injection molding machine produced by the company is mainly assembled on the injection molding machine, which is the auxiliary of the injection molding machine and its peripheral equipment.
The product application field is extensive and the market prospect is broad. With the continuous breakthrough and innovation of polymer technology, plastic machinery has become an important technology in various fields of national economy such as aerospace, defense, petrochemical, marine, electronics, optoelectronic communication, building materials, packaging, electrical appliances, automobile and transportation, agriculture, light industry. It is equipped with special equipment for high-end manufacturing industries such as new energy, new materials, energy conservation and environmental protection, biomedicine, and information network. Its industrial relevance is high, capital and technology are intensive, the market demand is large, and its driving force is strong. It is an important guarantee for the transformation and upgrading of related industries and scientific and technological progress, and it has increasingly shown its extremely important role as an industrial machine.
From 2009 to 2015, the output of China's plastic products showed an overall upward trend. With the continuous growth of demand for downstream plastic products, the plastics machinery market will maintain a relatively stable growth trend in the future.
China's plastic products output continues to increase

Foreign manufacturing capacity is still strong, and China's development is catching up. At present, China's injection molding machinery industry has formed a situation in which Japanese companies, European and American companies, Taiwan-funded enterprises and state-owned enterprises are in full swing. Domestically-funded enterprises are relatively backward in terms of technology, but they have certain advantages in terms of cost and price; Europe, the United States and Japan mainly occupy China's high-end market, while China is mainly concentrated in the low-end market. Since 2008, the proportion of plastic machinery imports has continued to decline, and the proportion of plastic machinery domestically produced has continued to rise. By the end of 2014, the market capacity of imported plastic machinery and equipment was 12.096 billion yuan, accounting for only 20.89% of the domestic plastic machinery market capacity, far lower than the 51.48% import share in 2008. Therefore, we believe that with the industrial upgrading and technological advancement in China, the opportunities for plastic machinery in China are mainly concentrated in the middle and high-end market.
China's injection molding machine competition pattern
China's domestic production of injection molding machines continues to increase

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