Increasing production rates and rapid injection molding output are predicted to boost global injection molding machines market growth. In addition, injection molding allows for producing plastic components with various finishes, including light texture, medium texture, pad printed, smooth, and screen printed. Consequently, it is projected that cheap labor costs and mass manufacturing associated with injection molding machines will promote market growth.

“We are correlating a number of ultrasonic signals attributable to the bulk density and the cell size of the foams,” said Pierre Pfeffer, senior scientist in the field of non-destructive testing at SKZ Plastics Center. “Our previous research with terahertz and microwave radiation also proved quite reliable for the surveillance of foam parameters during production.”

Stephen has been with PlasticsToday and its preceding publications Modern Plastics and Injection Molding since 1992, throughout this time based in the Asia Pacific region, including stints in Japan, Australia, and his current location Singapore. His current beat focuses on automotive. Stephen is an avid folding bicycle rider, often taking his bike on overseas business trips, and a proud dachshund owner.

Direct and automated measurement offers many benefits, including savings over current time-consuming manual processes, linking measurement data to process and system data, and developing models for predicting failure.

Asia-Pacific's injection molding machines market share will grow at a CAGR of 6.3% during the forecast period. Due to the region's expanding demand for injection-molded plastics, it is projected that China, India, and Indonesia will contribute to expanding the Asia-Pacific injection molding machine market. This is due to the expansion of the packaging industry. In addition, significant companies such as NISSEI Plastic Industrial Co. Ltd. and Japan Steel Works Ltd. are employing various strategies, such as cooperation, acquisition, and others, to accelerate the expansion of the market.

The measurement technology employs innovative air-ultrasonic transducers to record specific measurement data. This data is then correlated with relevant foam parameters. Further, an artificial intelligence–driven neural network, is created, trained, and optimized for this purpose. This enables reliable and reproducible in-line process monitoring.

Added Pfeffer: “The digital-ecological character of the innovation leads to resource-efficient, transparent production based on real-time data — a real added value for the realization of a sustainable digital transformation."

Together, the partners are establishing advanced testing technologies based on ultrasound. This will enable accurate and reliable evaluation of foamed plastics, benefiting industries ranging from automotive to packaging as lightweight and efficient materials become increasingly important.

New York, United States, March 12, 2024 (GLOBE NEWSWIRE) -- Injection molding is a mechanism that allows for the mass production of components. It operates by injecting molten materials into a mold. It is typically employed in mass production to manufacture thousands of similar things. Components produced by injection molding include metals, glassware, elastomers, and confections. Although thermoplastic and thermosetting polymers are the most common, other polymers exist. The real benefit of injection molding is its mass manufacturing capability. After initial costs are accounted for, the unit cost of injection-molded items is extraordinarily cheap. The ingredients, such as synthetic resins (plastics), are heated and melted before they are put into the mold and cooled to form the desired shape. This process is referred to as injection molding because it resembles the injection of fluids using a syringe. Materials are melted and poured into the mold, where they solidify before being removed and completed.

Europe will hold the second largest market share and is expected to grow at a CAGR of 4.9% during the forecast period. Due to their high quality and energy efficiency, there has been a surge in the usage of all-electric injection molding machines in Europe. In addition, major market participants are spending considerable effort to deliver injection molding machines that fulfill the requirements of their clients by supplying customized and machine-type-based machines. Europe's economic expansion has led to a larger consumer market, indirectly benefiting the injection-molded plastics industry. In addition, the growth of the packaging, automotive, and electrical appliance industries is expected to increase the need for injection-molded plastics, boosting the market for injection molding equipment in Europe.

A vital characteristic of the injection-molding process is its capacity to use many types of plastic to make plastic things simultaneously. Manufacturers may use thermoplastics, thermosetting, or a combination of elastomers in injection molding to get the needed properties. This technique allows for producing more complicated objects with various forms and motifs. In addition, once the mold is prepared, the manufacturer can adjust the component's material and color. This factor is projected to drive the global market for injection molding machines. In addition, injection molding helps to reduce manufacturing waste. The majority of polymers produced by injection molding are recyclable.

"Beyond the current project, there is technological potential to sustainably design production processes in the manufacturing industry for a wide range of materials and components," concluded Pfeffer.

Utilizing injection molding machinery permits the actual mass production of injection-molded plastic components. The injection molding machine is the most effective and energy-efficient way of mass-producing plastic products. The rise of the global injection molding machines market is propelled by the multiple qualities of injection molding machines, such as their durability, user-friendliness, higher manufacturing rates and rapid production, and high quality. Rapidly increasing industrial investment and robust demand for injection-molded polymers in the automotive and healthcare industries are driving the expansion of the global injection molding machine market. In addition, industry leaders' manufacturing of energy-efficient, fully automated injection molding equipment stimulates the expansion of the injection molding market. Market participants provide injection molding machines in numerous sizes and designs to meet customers' needs.

The SKZ Plastics Center has entered into a partnership with Sonotec GmbH for non-destructive in-line testing of foamed plastics. The effort is part of the Digiress program, which is funded by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMUV) that is pursuing innovative solutions in materials testing.

March 12, 2024 10:35 ET | Source: Straits Research Private Limited - Reed Intelligence Straits Research Private Limited - Reed Intelligence

Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

Advantage of Low Labour Cost and Mass Production Along with Material Flexibility and Low Production Waste to Drive the Global Injection Moulding Machines Market

According to Straits Research, “The global injection molding machines market size had a market share of USD 10,724 million in 2021, expected to advance to USD 16,964 million with a CAGR of 5.9% during the forecast period.” Injection molding is an automated process in which an automatic tool operates efficiently on an injection molding machine. Machines and robots perform the majority of injection molding. These persons are solely accountable for overseeing and managing the process. This automation reduces the labor costs of the process. This drop in labor expenditure is predicted to reduce the cost of manufacturing plastic components. In addition, injection molding can make many identical components every hour.

SKZ Plastics Center is a leading research and development institute in the field of plastics technology and part of the Zuse Association. The institute is pooling its expertise in response to the increasing demand for efficient testing methods for foamed plastics.

Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.