Chinese molding equipment industry

The Chinese molding equipment industry has accelerated its overseas expansion in the past decade, upgrading from 'product output' to a systematic overseas expansion of 'technology+mode+ecosystem'. In 2025, the export value of plastic molding machinery in China reached 46.007 billion US dollars, a year-on-year increase of 11.97%. Among them, the export proportion of injection molding machines exceeded 50%, ranking first in the world for consecutive years. Southeast Asia, Türkiye, India and Mexico have become core markets. The annual average growth rate of exports to ASEAN has exceeded 40%, and Vietnam, Indonesia and Thailand account for nearly 40% of the total exports. On the technical level, intelligence and greenness have become the core competitiveness of going global: leading enterprises such as Yizhimi and Haitian International have fully deployed AI remote diagnosis, Yi CMS intelligent cloud platform and first level energy efficiency system, reducing equipment failure response time by 80% and unit energy consumption by more than 18% compared to 2020. Industrial Internet platforms such as Kaos and Roots Interconnect have copied the 'Made in China' model to more than 20 countries, such as Vietnam, Germany and India, to achieve cloud adaptation of process parameters and full life cycle management of equipment. In terms of policy, the 'the Belt and Road' initiative has promoted the layout of overseas production capacity. Izmi has set up factories in Vietnam, and Tostar has set up warehouses in Mexico to achieve 'localized service+localized manufacturing'. The industry is transforming from a 'device supplier' to a 'smart factory solution provider', building a global service network covering research and development, manufacturing, operation and maintenance, and data.