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Crucial Considerations When Calculating Plastic Injection Mold Costs If you intend to calculate the cost of plastic injection molding, it helps to recognize the fact that the price stated on the quote is not the only important consideration. 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. Many different factors are responsible for these two components of your mold’s total costs. These are the variables that can determine the quoted price of an injection mold: Part Size and Design
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The creation of large components requires large molds, and ultimately higher material costs. Similarly, an intricate mold design is necessary to match intricate component design, which normally increase overall 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 Material Used Use of some types of plastics may require the purchase of a more expensive mold. For instance, higher tool costs are expected with material that’s unstable, corrosive, or has mineral, glass, carbon fiber, or other corrosive materials. 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 Specifications 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 Volume When purchasing for a high-volume applications (implying more hours, not number of parts), the mold needs to be of superior quality for dependable function, which for sure increases the cost. Likewise, expect higher costs of manufacture for a tool with a higher number of cavities. Cycle Time Preferences Even cooling is necessary over the entire cavity impression, or in each cavity for multi-cavity equipment if you’re going for swift machine cycles. 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. Country of Manufacture The cost and quality you can get in your plastic injection mold depends on where it’s manufactured. An example is cost of injection molding in China, which may be lower than other places. However, consider quality as you evaluate the cost of domestic against outsourced plastic injection molding. To avoid problems that may come with some cheaper molds, you need to balance well considerations such as costs, quality, and your specific needs before making a final decision. Are you looking for low cost injection molding? The parameters above will impact on the general costs of the machine you buy.

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