It is important to understand megatrends to match or predict technological trends in any industry. Economic factors such as disposable incomes, imports of products and technological factors like stringent standards, cost reduction and weight reduction requirements are playing an important role in the injection moulding industry. For a country like India, the exposure to the western counterparts have made the customers more demanding in terms of safer niche plastics moulded products.
An industry favourite
At this juncture, it would be safe to say that injection moulded products in India have attained the omnipresent status. “Segments that use injection moulding technology include fast-moving consumer goods (FMCG), household products, engineering, automotive, electrical/electronic and many other sectors. In fact, it touches nearly all facets of life. For instance, from a toothbrush to a razor to all caps on all bottles and also nearly all housings on electronics, are injection moulded. By and large all these sectors are growing in consumption and the trend is towards better quality and sustainability. Moreover, additional opportunities are abound in multi-colour and multi-component injection moulding. This implies that a lot of opportunities are set to come to the injection moulding machinery sector in the coming years,” says Vagish Dixit, Managing Director, ALPLA India Pvt Ltd, a leading global company in the business of plastic bottles and caps for the FMCG segment.
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For injection moulding machinery manufacturers, right now is the golden era as optimistic images of growth are being painted by all. “Around 35% of all polymers are converted using injection moulding. The injection moulding industry is driven by speed, productivity, reliability, energy conservation and automation. The machines are expected to provide faster production with lesser rejections,” opines Shirish V Divgi, Managing Director, Ferromatik Milacron India Ltd, one of the leading manufacturers of plastics injection moulding machines in the country.
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Elaborating further on the trends in this industry, Anil George, Co-Founder & Director, AutoDynamic Engineering Pvt Ltd, says, “Injection moulding along with extrusion has now captured the industry because of elimination of a complete step in manufacturing of a plastic part. The process involves an extrusion process which directly feeds the material to the injection moulding machine for manufacturing the part. This is called the injection moulding compounder.”
George, who in his 23 years of experience has conceived and developed, specialised and customised plastics products for the automotive sector, adds, “Another recent trend involves technologies that optimise material cost. This can be in terms of optimised product design using the latest Computer-Aided Design (CAD) technologies, material advancements like use of light-weighting fillers, processes like foaming, gas, etc to reduce the material consumption.”
The gleaming outlook
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In the views of C P Bhartia, Managing Director, Jagdamba Polymer Pvt Ltd, which recently won the First National Award for Lean Manufacturing Techniques, by the Govt. of India, the outlook for injection moulding industry is extremely positive. Sharing a processor’s perspective, he adds, “We are set to reach polymer processing of about 2 million tonne by 2020 from the present 1 million tonne. This is expected to make India the second largest processor after China in the world. So be it a machinery manufacturer or a plastics processor, now is the time we take technology very seriously so that we fire our engines and march ahead with full force.”
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