The packaging and medical technology sectors have significantly fueled the advancement of injection molding technology. With the global outbreak of COVID-19 and the initial shortage of effective vaccines, preventing person-to-person transmission has become crucial, especially for healthcare workers and frontline personnel, leading to a surge in demand for Personal Protective Equipment (PPE) with no signs of waning in the near future. What new opportunities lie ahead for plastic injection molding factories in this pandemic era?

The PPE market, valued at an estimated 50 billion in 2019, is projected to exceed 80 billion by 2026, growing at a Compound Annual Growth Rate (CAGR) of approximately 7% during this period.

Yize Mold, leveraging its expertise, has navigated a path through this severely impacted market by employing new technologies and existing production systems. The company favors the use of innovative materials and advanced processing techniques, enabling swift design and manufacturing of high-performance PPE products.

The circular economy is emerging as a sustainable business area, continually driving technological innovation within the industry. Simultaneously, intelligence and integration remain the current technological hotspots in the injection molding industry worldwide. As the era evolves, finding suitable opportunities in a rapidly changing market landscape allows the injection molding sector to still achieve growth and profitability.