The US injection molding machine market is in serious depression

    In 2009, the volume of US injection molding machines dropped sharply to 1,285 units, down 47% from 2,444 units in 2008. SPI's mechanical statistics reflect a serious downturn in the industry. Economist Bill Wood said: "It's not uncommon for individual large injection molding machine manufacturers to have poor sales, but now the entire market is in serious depression."
    As an injection molding machine that dominates the plastics equipment industry, the US's shipments of injection molding machines fell below the threshold of 3,000 units in 2007 and then fell further to 2,500 units in 2008. However, in 2009, shipments were only 1,285 units.
    The extruder is better than the injection molding machine, with a drop of only 15%. According to SPI's figures, the number of extruders shipped in 2009 was 711 units, compared to 836 units in the previous year. Wood said that film and sheet packaging is providing support for the sale of the extruder. He said, but given that the construction industry, which is an important extrusion market for pipes, siding and windows, continues to be weak, the extruder "will be slower than other types of plastic machinery."
    From the auxiliary equipment can also see the depression of the injection molding machine. According to figures from SPI, the net book value of equipment for auxiliary equipment manufacturers in 2009 was 149 million US dollars, which was 49% lower than 2008's 292 million US dollars.
    SPI said that statistics on blow molding machines have not yet been compiled. SPI, headquartered in Washington, also did not announce the number of screw and barrel shipments for 2009. The above mechanical data was compiled by statistics of the Equipment Statistics Committee of the SPI.
    There is also a bright spot in a recession, and year-to-date, the capacity utilization rate of the US plastics and rubber factories has risen to about 75%. For most of 2009, capacity utilization has been hovering around 65%. This means that the plastics machine's original idle machine has been put back into production.
    An important index released by the American Institute for Supply Management (ISM) shows that the purchasing managers' index reached 50.7% in May this year, making the US manufacturing industry grow for the 10th consecutive month. More than 50% of this index indicates that the scale of production is expanding.

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