China’s Machine-Building Capability Outpaces Downstream Industries

Injection molding machine sales in China are expected to reach $4.8 billion next year, up 18 percent from 2013, according to a new market research report. The compound annual growth rate from 2010 will be 7 percent, according to the report. That’s roughly in line with China’s gross domestic product, which has slowed from a torrid pace.

China has developed a large, and increasingly world-class machine building industry. In the early days, Chinese machine builders focused on cheap machines for simple molding tasks in the domestic market. In the last five years, the largest indigenous machine builders have brought in outside talent to boost capabilities, particularly in the area of electric machines.

Haitian, the largest injection molding machine manufacturer in China and in the world, built 27,000 injection molding machines in China in its 2013 fiscal year, 13.7 percent more than in the previous year. Sales in 2013 were $12 billion. Haitian is believed to represent about 30 percent of China’s total output.

Chen Hsong, which focuses on large and medium-sized injection molding machines, is the second largest injection molding machine manufacturer in China.

Other Chinese injection molding machine builders include L.K. Technology Holdings, Cosmos Machinery, FU CHUN SHIN Machinery Manufacture Co., Guangdong Yizumi Precision Machinery Co., Borch Machinery Co., Ningbo Haida Plastic Machinery Co., Zhejiang Sound Machinery Manufacture Co., Tederic Machinery Co, Ningbo Shuangma Machinery Industry Co., and Ningbo Jingqiong.

About 30 percent of the injection molding machines made in China are exported. Customs data show that China exported 25,082 injection molding machines in 2014, up 9.2 percent from 2013. Value of the exports was $1.01 billion, up 9.1 percent from the previous year.

The Haitian Mars II Venus Series.

The Haitian Mars II Venus Series.

Haitian’s export business grew by 3.6 percent in 2013, setting a new record peak of $340 million. Haitian’s target markets include Southeast Asia, the Middle East, Africa, and North America. At NPE2015 in Orlando, Florida, this month,  Haitian Absolute will show the Mars II Venus Series, which  is available from 67 to 4400 tons of clamp force. According to the research report, the growth in machine-building capacity in China is outpacing the growth of downstream industries that process plastics.

Austria-based Engel established its second injection molding machine plant in Changzhou, China in 2013. Annual capacity of is Wintec brand machines is just 300. Sumitomo (SHI) Demag has a wholly-owned subsidiary in Ningbo, China, producing precision injection molding machines. Its annual capacity in China is expected to reach 1,000 injection molding machines this year.

Milacron, the only remaining machine builder based in the United States,  has established production in Jiangyin, China, manufacturing all-electric injection molding machine and large two-platen injection press. Capacity is being increased from 200-300 units to 950 units.


About Doug Smock

Former Chief Editor at Plastics World and Senior Technical Editor Design News

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