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Vital Variables Affecting Plastic Injection Mold Costs When you seek to calculate the cost of plastic injection molding, don’t forget that the price included on the quote is just one of the factors that matter. It’s important to consider the purchase price along with residual costs that will take effect after you’ve started using the mold and continue to occur throughout the life of the tool. Numerous variables account for the two aspects of your tool’s overall costs. Here are factors affecting the purchasing costs of an injection mold: Component Size and Design
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The creation of large components requires large molds, and ultimately higher material costs. Likewise, a complex mold design is required to cater to complex part design, which usually results in higher total costs. On the other hand, parts with simple design requirements go with less complexity in design of the mold, leading to a lower price for the tool.
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Plastic Type Choice Use of some types of plastics may require the purchase of a more expensive mold. For example, plastic that’s volatile, corrosive or has abrasive components like mineral, glass, or carbon fiber may lead to higher tool costs. This also holds in case of materials requiring high mold temperatures. Such factors could also affect long-term maintenance costs of the tool. Part Tolerance Requirements If tight tolerance is required for parts being produced, there’s the need for additional mold manufacturing steps. In the end, there will be higher costs for maintenance as well as manufacture. Annual Throughput In case you’re acquiring it for high-throughput projects (in the sense of hours, rather than number of components), you’ll require an excellent quality mold to deliver consistent service, which results in higher costs, certainly. Likewise, expect higher costs of manufacture for a tool with a higher number of cavities. Cycle Time Needs In case quick machine cycles are required, the whole cavity impression, as well as every cavity in multi-cavity machines, requires uniform cooling. To accomplish this, excellent tooling design and superior build are necessary, both which contribute to increased tool machining costs, and maintenance costs in certain scenarios. Manufacturing Country The country where your plastic injection mold was made can determine the costs and quality you may expect. For example, cost of injection molding China may be lower compared with other markets. However, consider quality as you evaluate the cost of domestic against outsourced plastic injection molding. To be safe from the complications that lower-cost machines may have, it helps to reach a fair compromise as you carefully weigh cost, quality, and your exact needs. Are you looking for low cost injection molding? The above factors will contribute to the overall costs of the tool you buy.