Vertical Injection Molding Machine Market

COVID-19 Draw Increased Emphasis on Workers Safety, Health

Risk mitigation is an ever-evolving phenomenon in production and manufacturing segments. The COVID-19 outbreak has simply amplified the concept to ensure workers safety. Consultants and experts are stressing on the importance of paying attention to protocols, and identifying and avoiding risks at manufacturing plant. Such trends are paving the way for enhanced workers safety in the vertical injection molding machine market and its associated end-use industries.

The companies in the vertical injection molding machine market are taking recommendations from the OSHA’s COVID-19 Guidance for the Manufacturing Industrial Workforce. The health and safety-related consulting services companies are stepping in to prevent infectious disease transmission and establish proper physical distancing. Stakeholders are taking efforts to evaluate their facilities potential to maintain physical distancing. Nevertheless, business activities are expected to normalize with vaccine inoculation and by the end of 2021.

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Better Recyclates, Injection Molding Machines Compensate for Fluctuations in Product Quality

The companies in the vertical injection molding machine market are eager to enter the competition of establishing a circular economy. However, there is a need for cooperation by all players involved in the process chain. From material suppliers to the mold construction companies and injection molding machine manufacturers to recyclers, achieving a circular economy requires entire process transformation.

Recyclates present challenges with respect to injection molding, as even high-grade and homogenous post-industrial recyclate can vary in terms of quality. Hence, stakeholders are using better recyclates and injection molding machines, which can compensate for fluctuations in quality. This is being achieved by offering digital support to the operator so they can manage the injection molding process quickly, safely, and efficiently.

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Replaceable Injection Components in Machines Help Lower Investments

The ever-increasing healthcare industry is creating stable revenue streams for companies in the vertical injection molding machine market. CUUMED - a supplier and professional catheter machine manufacturer, is being publicized for its plunger type vertical injection molding machine integrated with an air cooling system. Manufacturers are innovating machines that are built on the module of the servo motor energy-saving system.

The companies in the vertical injection molding machine market are increasing the availability of systems that use the most precise plunger type injection method capable of producing products of micro gram weight. The cutting-edge machines are allowing users to change the injection performances by replacing the injection components based on specific requirements, which help save on investments.

Preference for High Performance Single Slide Injection Molding Machines

The vertical injection molding machine market is projected to reach the valuation of US$ 10.6 Bn by the end of 2031. Innovative injection molding technologies are being used for the production of consumer goods. Amrut Brothers Machinery Private Limited based in Gujarat, India, is gaining popularity for its vertical machine structures with vertical screw type injection ram clamping. High performance, compact size, and minimum maintenance are attributed being preferred in single slide vertical injection molding machines and rotary type vertical injection molding machines.

The equipment manufacturers in the vertical injection molding machine market are increasing the availability for plastic molding machines to establish stable revenue streams via consumer goods. They are innovating in the automatic systems for double slide vertical injection molding machines. The single slide injection molding machines are gaining popularity for small footprint and high degree of precision. These machines are suitable for medium and small products with inclusions. The direct pressure mold clamp in these machines allows uniform injection force.

Lightweight Trends in Automotive Industry Correspond with Machine Manufacturers

Governments across nations have introduced a series of automotive fuel economy and emission regulations that are promoting lightweight applications of plastics in the automotive industry. Correspondingly, the relationship between automobiles and injection molding processes & equipment are deepening. Such trends are translating into revenue opportunities for companies in the vertical injection molding machine market.

Beside plastics, materials such as steel and long fiberglass modified plastics are gaining prominence in automotive applications including bumper brackets, battery trays, and front-end components, among others. Automotive sales are stimulating growth in the vertical injection molding machine market, which has currently taken a backseat due to the coronavirus outbreak. Automotive applications and components such as auto glass edging, car cables, and wind net skeletons, among others, are generating revenue opportunities for machine manufacturers.

Microprocessor Controlled Machines Ensure Repeated Consistency, Negligible Product Rejections

Automatic microprocess controlled horizontal locking and vertical injection molding machines are being preferred by end users. The companies in the vertical injection molding machine market are designing systems that facilitate mass production of small components with multi-cavities mold. Automated machines are potentially eliminating the need of operators. Microprocessor and proportional flow/pressure hydraulics help to ensure repeated consistency and high production rates with negligible rejections in end use products.

Manufacturers in the vertical injection molding machine market are fulfilling the demand for systems that require less floor space with a minimum of connected load, which makes it an ideal choice for factories in metro cities. Materials with glass-filled varieties are being used in vertical injection molding machines. There is a demand for machines that deploy low-pressure molding and low injection speeds.

Precision Injection Molding Machines Help Reduce Labor Costs

The custom plastic molding services are emerging as a key driver of the vertical injection molding machine market. The precision injection molding machines are in high demand to achieve production efficiently in virtually all end-use industries such as agriculture, aerospace, and electronics. These machines are ensuring durability and accuracy in products with the help of fillers & other material blends that give plastics the strength whilst reducing its cost.

The equipment manufacturers are deploying R&D innovations in precision injection molding machines to enable complex designs in end-use products with high levels of details and complex geometrics. These machines are suitable for the high volume production of components used in water management and construction applications. Automated systems are gaining popularity for reducing costs with the help of CNC machine solutions that help reduce labor costs whilst increasing production efficiency.

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Analysts’ Viewpoint

The stakeholders in the vertical injection molding machine market have increased focus on essential industries such as consumer goods and medical devices to stay afloat during the COVID-19 pandemic, even as automotive sales have influenced business activities during the pandemic. The market is slated to register a modest CAGR of ~4% during the forecast period. This is evident since injection molders are not willing to sacrifice on product quality in order to use the recycled materials. Hence, stakeholders are using better recyclates and injection molding machines with the help of solutions including the use of post-consumer resin (PCR) from household waste to make parts for injection molding machines.