Abstract:
Date: May 6th - 10th, 2024
Venue: Orange County Convention Center (OCCC), Orlando, Florida, USA
Booth Number: W361A
NPE2024, the premier plastics show, will be held in May in Orlando, USA, drawing the attention of the global injection molding industry. As one of the flagship shows in the plastics world, NPE has not been held since 2018, marking a significant return to focus for the injection molding equipment sector in North America. YIZUMI, as an advanced industrial molding equipment system and service provider, will once again take the stage at NPE, showcasing its innovative injection molding machines and solutions.
Steady Growth and Bright Future of North American Plastics Machinery Industry
The injection molding machines industry in the United States has a remarkable and illustrious history. With the continuous acceleration of industrialization, the industry has experienced rapid development, positioning the United States as one of the leading nations in the global manufacturing of injection molding machines.
According to the report from Grand View Research, The North America plastic injection molding machine market size was estimated at USD 2,009.0 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2030. The industry is being driven by the increased demand for plastic injection molding equipment in end-use sectors including healthcare, consumer goods, automotive, electrical & electronics, packaging, and others.
Injection molding machines are widely used in North America, with extensive applications across various industries. In the automotive industry, injection molding machines are utilized for mass production of complex and customized plastic components used. These components include interior parts such as dashboards, door panels, and steering wheel components, as well as exterior parts like bumpers and body panels. In the medical industry, injection molding machines play a crucial role, facilitating precise and scalable production of intricate plastic components used in various medical devices and equipment. From the U.S. Centers for Medicare & Medicaid Services 2023 Report, it is indicated that healthcare spending in the U.S. experienced a growth of 4.1% in 2022, totaling USD 4.5 trillion, equivalent to USD 13,493 per person. The future outlook for the injection molding machine market in North America remains positive.
Technology and Market Drive YIZUMI's Continued Growth in North America
As the advanced industrial molding equipment system and service provider, YIZUMI is committed to becoming a world-class enterprise with greater scale, influence, and significance in the field.
Since acquiring the century-old American company HPM, YIZUMI has been actively expanding its presence in the US market. Through continuous technology innovation and product upgrades, YIZUMI has not only solidified its market position but also earned widespread recognition from customers. We consistently adhere to the strategy of independently developing new injection molding machines to better adapt to market changes and customer demands.
Currently, YIZUMI's largest injection molding machine reaches 8500 tons. The injection molding machine business has achieved coverage on both the East Coast and West Coast of America, which include electric, servo-hydraulic two-platen machines, three-platen machines, specialized models, with tonnages ranging from 65 tons to 3500 tons. They find extensive applications across industries such as automotive parts, packaging, 3C electronics, and medical equipment.
Starting with the production and sales of injection molding machines based on the HPM model, YIZUMI has evolved to directly sell new models developed independently to the US market. YIZUMI's products continue to iterate, providing customers with more efficient and reliable injection molding solutions.
For Further Developmentto NPE as YIZUMI Returns to NPE after Six Years
As one of the largest and oldest plastic exhibitions in the world, NPE holds a significant position in the North American and global plastic industry markets. NPE2024 will feature a net exhibition space of 1.1 million square feet, with over 2,000 companies participating from around the globe.
YIZUMI will showcase injection molding machines and solutions—UN230CE-BTP, FF240M, and UN500D1-E —as well as the SpaceA Industrial Pellet 3D Printing at NPE2024. These solutions cover automotive parts, medical equipment, and food packaging. From plastic raw materials to processing equipment, molds, packaging materials, and automation, we will highlight our technology strength and innovation achievements at every stage. Visitors will have the opportunity to experience our products up close and engage in in-depth discussions with our technical team.
YIZUMI Booth
YIZUMI is on the second floor in West Hall
YIZUMI booth No.: W361A
We look forward to meeting customers on site, exploring collaboration opportunities, and jointly creating a better future. Our booth will feature technical and sales teams to provide consultation services, answering any questions you may have regarding our products and technologies.
Welcome to the YIZUMI booth at NPE2024!
Let's create a bright future together!
Date: May 6th - 10th, 2024
Location: Orange County Convention Center (OCCC), Orlando, Florida, USA
Booth Number: W361A