Canadian Plastics

Asia; all-electrics lead injection machine sales growth

Canadian Plastics   



Approximately 46,000 injection molding machines will be sold this year worldwide, which is slightly above the number of machines sold in 1999, but far below the peak year of 1997 when over 54,000 new ...

Approximately 46,000 injection molding machines will be sold this year worldwide, which is slightly above the number of machines sold in 1999, but far below the peak year of 1997 when over 54,000 new machines were purchased.

China alone will purchase 15,000 machines, while other Asian countries will buy another 9,000, meaning the Asian market in total will account for over half the number of injection molding machines sold in 2000. The figures were presented by Demag Ergotech USA vice president and general manager Rick Shaffer at the opening of the company’s new 26,000 sq. ft. sales and service facility in Strongsville, OH.

In North America the number of injection molding machines sold this year is expected to top 6,000. Demag is hoping to increase its market share of North American injection machines sales from 3.2 percent to approximately six percent over the next few years, according to Shaffer.

In Europe, the top three buyers of injection machines will be Germany (3,750), Italy (2,300) and France (1,480).

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The number of all-electric machines sold in Asia and North America continues to climb (see figure), however sales of all-electric machines remain flat in Europe, where there is still a strong preference for hydraulics.

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