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Estimating Plastic Injection Mold Costs: Important Factors If you wish to calculate the cost of plastic injection molding, it’s essential to keep in mind that a lot more than just the price mentioned on the quote matters. 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. Several parameters have a bearing on these two elements of your mold’s general costs. These are the variables that can determine the quoted price of an injection mold: Component Size and Design
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Large molds are needed to make large parts, hence higher costs of material. 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 Selection Use of some types of plastics may require the purchase of a more expensive mold. For example, material that’s volatile, corrosive, or features abrasive substances such as mineral, glass, or carbon fiber may increase mold costs. This is also the case with plastics needing high tool temperatures. Such factors could also affect long-term maintenance costs of the tool. Component Tolerance Strategy When tight tolerance is needed for parts being output, extra machining steps will be needed. In the end, there will be higher costs for maintenance as well as manufacture. Yearly Volumes 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. For this to work, superior tooling and high precision configuration are important, both of which play a role in increased mold construction costs as well as maintenance costs in particular cases. Country of Manufacture 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. Nonetheless, take quality into account as you assess the cost of local vs. outsourced plastic injection molding. To steer clear of the issues associated with some lower-cost molds, you should strike a fair balance when it comes to careful consideration cost, quality, and your particular requirements prior to making the ultimate choice. Are you interested in low cost injection molding? The above factors will contribute to the overall costs of the tool you buy.