Blow molding machine in China

Posted: Apr 23, 2010 |Comments: 0 |

Blow molding machine in China

China is the world's largest manufacturer of blow molding machine, ranking first in the world on both yield and consumption. Chinese blow moulding machine industry is mainly distributed in Guangdong, Jiangsu and Shandong provinces accounting for 88% of total enterprises in Chinese blow molding machine industry, as per a report by Research and Markets. Totally speaking, East China takes absolute advantages, of which enterprise quantity in Zhejiang province accounts for 61%, having increased by 14 enterprises over that in 2005. In 2000, market capacity of the whole industry realized RMB 4.598 bln, increasing to RMB 14.578 bln in 2006. Following it, per capita sales revenues have been increasing year after year, from RMB 198,114 in 2000 to RMB 462,012 in 2006 up by three times. Totally speaking, the market still kept a stable growth and gross profit margin is in decline; while profits are rapidly climbing. Undoubtedly, all of these have showed that China injection Molding Machine Industry has been in a growing period.
In the past few years, blow molding machine manufacturing and technology companies has been greatly improved technology and management. However, compared with developed countries, China still needs to make up for plastic injection molding machinetechnology and varieties. In detail, there is still not little blank on such varieties as super-large or special precision blow molding machines; meanwhile, self-support rate of home-made blow molding machines for products processing is only about 45%; while for high-end products processing, most adopt imported blow molding machines. Totally speaking, research and manufacturing of blow molding machines cannot still satisfy demands brought by development of plastics industry in China.
As for industrial machinery, other machinery processing enterprises now most have been very little interest, and only the rapid development of blow molding machine. And with sustaining and promising market, many enterprises which originally produced machine tools, textile machinery and power equipments, also started to produce blow molding machines. At the same time, the newly established manufacturer of blow molding machines is growing rapidly, therefore, primarily in common blow molding machines and the discount price war war

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