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Crucial Considerations When Calculating 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 essential to include the buying price as well as lasting expenses that will be incurred once you’ve started using the tool and keep occurring over the mold’s entire life. Numerous variables account for the two aspects of your tool’s overall costs. These are the variables that can determine the quoted price of an injection mold: The Size and Design of Parts
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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. In contrast, components that require uncomplicated design do well with less complex mold designs, resulting in lower equipment costs.
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Plastic Material Used You may need to buy a more costly mold for use with certain types of plastics. 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. The costs of maintenance on top of manufacture will consequently increase. 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. Similarly, the higher the number of cavities in a mold, the higher the cost of manufacturing is. Cycle Time Needs When fast tool cycles are preferred, there’s need for consistent cooling throughout the entire cavity impression, or in each cavity in the case of multi-cavity molds. To achieve that, a proper design for tooling and greater precision build are required, both of which add to tool construction costs, and in some cases, maintenance costs. Manufacturing Country The country in which your plastic injection machine was manufactured has a bearing expected costs and quality. An example is cost of injection molding in China, which may be lower than other places. While you look into the cost of local against overseas plastic injection molding, prioritize quality, though. 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 total cost of the tool you purchase will be influenced by the variables above.