Analysis of China's injection molding products market in 2022: The market size is expected to reach 562.4 billion yuan

I. Overview

Plastic products use plastic as the main raw material processing of life, industry and other supplies collectively, according to the different molding process, can be divided into injection molding, pressure molding, extrusion, blow molding, foaming and other process products, is widely used in industry, agriculture, construction, transportation, national defense military, aerospace and other fields.

Plastic products industry, also known as plastic processing industry, is one of the pillar industries of China's light industry, which is closely related to the development of China's national economy. According to the different processing technology and product segmentation areas, the plastic products industry can be divided into: plastic film manufacturing; Plastic plate, pipe, profile manufacturing; Plastic wire, rope and woven goods manufacturing; Foam manufacturing; Plastic artificial leather, synthetic leather manufacturing; Plastic packing box and container manufacturing; Manufacture of daily plastic products; Artificial turf manufacturing; Manufacture of plastic parts and other plastic products.

2. Development status

Modern industry realizes the optimization and integration of industrial resources by specialization and economic globalization. In this context, end-product manufacturers distribute the R&D and production of product parts to the upstream industrial chain according to the industrial division of labor, and more and more multinational enterprises have gradually established their own global supply chain system. At the same time, the professional division of labor also promotes the development of product diversification under the premise of ensuring the quality and stability of product parts supply, providing a good development opportunity for upstream injection molding manufacturers. In 2021, China's output of injection molding products reached 30.72 million tons, an increase of 1.77 million tons compared with 2020, an increase of 6.1%. It is expected that China's injection molding product output will reach 32.1 million tons in 2022.

As the most important part of the plastic processing industry, the injection molding industry not only provides products for automobiles, buildings, household appliances, food, medicine, etc., but also the most basic production mode of the entire plastic processing industry. There is reason to believe that the development prospects of the injection molding industry can be expected. On the one hand, as the largest traditional application field of injection molding, automobiles, home appliances and electronics still maintain strong demand and are the world's largest automotive market; The home appliance market is generally stable and has made progress, becoming the most important application field of injection molding products. On the other hand, the injection molding industry is constantly opening new market space, in 2021 China's demand for injection molding products reached 25.77 million tons, an increase of 1.47 million tons from 2020, an increase of 6.0%, is expected to 2022 China's demand for injection molding products will reach 26.91 million tons.

Plastic has the advantages of light weight, high strength, good toughness, easy molding processing and reusable, can be widely used in household appliances, automobiles, 3C products, medical equipment, packaging, aerospace and other fields, is one of the four major structural materials with metal, wood and cement. Under the background of building a circular economy and accelerating the process of new industrialization, plastics, as an important material to save resources, have been expanding their application fields, not only opening up new application fields in traditional industries, such as bioplastics in medical devices, artificial organs and other fields, but also playing an important role in strategic emerging industries. Such as the application of new special composite polymer materials in aerospace, new energy vehicles, high-speed rail vehicles, ocean engineering, information networks and high-end manufacturing industries. In recent years, the application field of injection molding parts has continued to expand, providing strong growth potential for the development of the injection molding industry.

With the continuous expansion of the downstream field, in recent years, China's injection molding products market size has risen year by year, in 2021, China's injection molding products market size reached 546.3 billion yuan, an increase of 23.8 billion yuan from 2020, an increase of 4.6%, it is expected that in 2022, China's injection molding products market size will reach 562.4 billion yuan.

Third, development trend

During the "14th Five-Year Plan" period, the high-quality development of manufacturing industry will become an important theme, and the promotion of traditional manufacturing technology innovation and digital transformation represented by the production of plastic and injection molding products will be the top priority, which is the guarantee of the whole society's food, clothing, housing and transportation, and the basis for the development of other industrial manufacturing industry. In addition, in order to implement the deployment requirements of "carbon peak" and "carbon neutrality", strengthen overall planning, explore ways and means, and promote green low-carbon transformation and industrial structure optimization and upgrading, the development of the injection molding industry will appear the following trends.

1. Functional and green raw materials and modified materials

With the continuous implementation of carbon neutrality and carbon peak, the green production and processing technology of plastics has been paid more and more attention, such as the research and promotion of green additives, green flame retardants, and green plasticizers. At the same time, the use of bio-based plastics with wide sources, green and low-carbon, easy to degrade and easy to recycle is increasing, and will be widely used in packaging, tableware, home, stationery, maternal and child products, electronic information and other industries. Although the planned production line, capacity and output of PLA at home and abroad continue to reach new highs, they are still not able to match the growth rate of the downstream market, and raw materials and modified materials products are in short supply for a long time.

2, injection molding equipment high-end, precision, intelligent, energy-saving

In recent years, the key technologies of the industry have made breakthroughs, and the gap between the large two-plate injection molding machine and the developed countries has been narrowing. For example, the development and industrialization of green intelligent large-scale pure two-plate plastic injection molding equipment to break the monopoly of Germany and Japan; On-line treatment system for solid waste polymer materials reduces energy consumption and improves economic benefits; The integrated intelligent production system oriented to the terminal application needs realizes the intelligent unmanned production line of injection molding.

3, product design lightweight, concise, integration

Many areas of injection molding products are closely related to home life, such as small household appliances. There are many kinds of such products, large demand, frequent replacement, high personalized and customized requirements, fierce market competition, relatively thin profits, in order to reduce costs as much as possible, promote low-carbon green life, products in the premise of meeting the use, often do more lightweight, reduce the use of metal and plastic, from the structural design and mold manufacturing links have begun to reflect. At the same time, in order to meet the market demand of multiple varieties and small batches, many production links in the factory have gradually realized automation and intelligence, but the product assembly line still relies on a large number of manpower, which is not conducive to improving the competitiveness of enterprises and products. To solve the problem of low assembly efficiency, an important idea is to standardize, unify, simplify, and even integrate injection parts, reduce the use of holes and screws, so as to simplify assembly steps.

4. Production, management and decision-making methods are digital, networked and intelligent

Injection molding enterprises to improve quality (product quality, service quality), reduce costs (raw material procurement costs, inventory costs, personnel costs, production costs, management costs, service costs, etc.), efficiency (production efficiency, communication efficiency, collaborative efficiency, etc.), is the traditional manufacturing industry to promote intelligent manufacturing, do a good job in the digital transformation of the main purpose, but also in the fierce market competitors. An important magic weapon to rebuild development momentum and advantages. With the help of the new generation of information technology and the industrial Internet, injection molding enterprises will gradually realize the optimal allocation of resources, improve total factor productivity, and realize the deep transformation and reconstruction of business, management and business model through new manufacturing models such as intelligent production, digital management, network collaboration, personalized customization, and service extension.

5. Technological innovation and industrial development are coordinated, clustered and ecological

In the field of injection molding industry, we need to continuously break through the synthesis technology of high-performance raw materials, production technology, modification technology, hardware and software technology of plastic machine equipment and accessories, manufacturing technology and software technology of high-end equipment. According to the documents issued by relevant national and local departments in recent years, innovation is the main driving force for development, of which technological innovation is the core, and the subjects and ways of innovation will be more diversified. In addition to some traditional research institutes and key laboratories, there will also be various innovation centers, innovative service complexes, innovation communities, industrial development consortions, etc. At the same time, with the help of networking and software to accelerate the efficiency and quality of technological innovation, through the platform, collaboration to enrich the main body of innovation, fully learn from the strengths of others, create and share. At the same time, the development of the industry will gradually move from the traditional cluster area to the cluster development, the majority of small and medium-sized injection molding enterprises rely on the advantages of the cluster, make full use of the Internet + manufacturing industry, and constantly build chains, strong chains, and complementary chains to build an ecological system for industrial development, and truly form Chinese characteristics and advantages. The future collaboration is not only limited to the collaboration of various departments within the enterprise, the collaboration of the upstream and downstream of the industrial chain, but also the collaboration between individuals and platforms, the collaboration between enterprises and platforms, and the collaboration between platforms. At the same time, the mode of enterprises going it alone will go further and further, and they need to establish their own ecological partners, and the development of enterprises will also go ecological or integrate into the ecosystem.