CATEGORY

Injection Molding Services

Injection molding machine is used for fabricating items from plastic trinkets and toys to automotive body parts, cell phone cases, water bottles, and containers.

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    Injection Molding Services Suppliers


    Injection Molding Services Supplier

    Find the right-fit injection molding services supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ABB Ltd
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    58

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    59
    Social
    54
    Governance
    62
    6 Domains Performance (/100)
    Business behaviour
    58
    Human rights
    58
    Community Environment
    37
    Corporate governance
    67
    Human resources
    54
    Security Scorecard
    97

    Threat indicators
    A
    100
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    100
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    88
    Application Security
    Detecting common website application vulnerbilities
    A
    100
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    100
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    global.abb
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    7
    Human Rights Issues
    0
    Production Supply Chain Issues
    1
    Environmental Non Compliance Flags
    8
    Corruption Issues
    11
    Regulatory Non Compliance Flags
    27
    Fraud Issues
    7
    Labor Health Safety Flags
    8
    Regulatory Issues
    9
    Workforce Disputes
    2
    Sanctions
    0
    esg energy transition
    59
    Discrimination Workforce Rights Issues
    6
    esg controversies critical severity
    No

    Injection Molding Services market report transcript


    Injection Molding Services Global Market Outlook

    • The APAC accounts for a dominant share of approx. 40 percent, supported by the strong demand from varied end-use markets, low-cost labor availability, and abundant supply of raw materials, etc.

    • Though the manufacturing activity has resumed during the COVID-19 scenario, concerns surrounding third wave of infections are posing a threat to the industry

    • The global injection molding market is highly fragmented, and hence, the buyer power is high. Due to volatile raw material prices, the suppliers also have high bargaining power

    Impact of COVID-19 on Injection Molding Services Industry

    • Amid the COVID-19 pandemic, majorly suppliers are currently operating at capacities on par with the OEM demand requirements. Demand from key end-use segments such as packaging, automobile, electrical/electronics, etc., have relatively increased during Q2 2021 and are further improving during Q3 2021, thereby showing no significant gap between supply–demand and price of the product.

    • Globally, supply–demand gap is balanced in Q2 2021, as contract manufacturers are operating at capacities on par with OEM’s demand requirements. The demand from end-use industries, such as packaging, automotive, electronics, healthcare, etc., have relatively increased during Q2 2021, however, there are no significant supply constraints witnessed in the market.

    Global Injection Molding Services Market: Drivers and Constraints

    Industry Drivers

    • End Use Demand: Increasing adoption of plastic components by industries, such as automotive, electronics, healthcare, etc., is expected to support the demand for injection molded components and encourage innovation, in terms of materials, technologies, etc.

    • Emerging Economies: Buyers interest are shifting gears in looking for sourcing from low-cost regions, such as Eastern Europe, Mexico, South East Asia, etc., thereby driving the market in emerging economies

    • Eco-friendly and Recycled Feedstock: Bio resins, environmental friendly raw materials, and recycled raw materials provide thrust to drive the market, amidst environmental impact

    Constraints

    • Economic Downtrend: Scheduled production cuts across OEMs, owing to COVID-19 pandemic, coupled with ongoing semiconductor chip shortage, have resulted in economic uncertainties across the globe, thereby leading to a downtrend in injection molding market growth

    • Raw Material Price Fluctuations: Suppliers are susceptible to commodity price fluctuations (especially for high mix, low volume industries), against which they cannot hedge, due to their relatively lower volumes of raw material purchase. These are expected to impact supplier margins and final price of product

    • Environmental Impact: Stringent policies imposed by various government to avoid usage of plastic would certainly create strain in the industry’s growth