Injection molding machine market expanded in 2011, could contract in 2012

07/24/2012

The global market for injection molding machines showed overall growth in 2011, with China's market slowing in the second half of the year after a strong first half, while Germany and the U.S. saw a double-digit expansion. Research and Markets' "Global and Chinese Injection Molding Machine Industry Report, 2011-2012" found that the Chinese market was impacted in the second half of 2011 by its government's tighter monetary policy. Market demand was also weakened by slack industrial growth. For all of 2011, the Chinese injection molding machine industry in 2011 still grew, with annual sales approaching RMB25 billion ($3.967 billion).

Germany and the U.S. saw their injection molding machine market grow by more than 10% in output value, while Japan rose 8.7%. China's 2011 injection molding machine exports increased by a large margin, with annual cumulative export value of $824 million to Brazil, Iran, Turkey, Vietnam, Malaysia and other countries, rising by 32.0% on a year-over-year basis.
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