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Metal molds for casting plastic parts

Reduce the Costs of Injection Molding With These Actionable Tips

Jan. 11, 2024
7 tips to help you reduce the costs of your injection molding project.

Injection molding is the preferred method for mass-producing precision plastic parts. However, its upfront costs can be hefty. It's worthwhile to tweak the production process to decrease both the complexity and the overall expense of your project.

Before diving into some tips, let's pinpoint the primary cost factors in injection molding:

  • Tooling costs, which encompass the design and machining of the mold.
  • Material costs, based on the amount of material and its price per kilogram.
  • Production costs, tied to how long the injection molding machine runs.

For smaller batches, tooling has the greatest impact, contributing roughly 50 to 70% of the total cost. Therefore, it's essential to plan in advance to accommodate your project's needs.

Most molds are CNC machined from metals like aluminum or steel for durability. These molds can cost anywhere from $10,000 to $100,000. If you're producing thousands of parts, that investment is justified. However, for smaller batches, 3D-printed molds have become quite popular due to improvements in additive manufacturing.

As explained here, opting for 3D-printed molds can drastically reduce mold expenses, bringing them down from thousands to just a few hundred dollars. But, this choice is mostly suitable for short runs where wear resistance isn't a primary concern.

For high-volume production runs (10,000 to 100,000+ units), material and production costs eclipse the impact of tooling costs on the overall expense. In such scenarios, your focus should be to reduce both the volume of the part and the duration of the molding cycle.

Here are some tips to help you optimize the cost of your injection molding project:

1. Stick to the straight-pull mold

Using side-action cores and other in-mold mechanisms can bump up tooling costs by 15 to 30%. This means you might face an extra tooling expense ranging from $1,000 to $1,500. To keep your production on budget, avoid using side-action cores and other mechanisms unless absolutely necessary.

2. Redesign the injection molded part to avoid undercuts

Undercuts add to costs and complicate things, so it's always worth the effort to get rid of them where possible.

3. Make the injection molded part smaller

Smaller parts can be molded faster resulting in a higher production output, making the cost per part lower. Smaller parts also result in lower material costs and reduce the price of the mold.

4. Fit multiple parts in one mold

Using a single mold for multiple parts is standard practice. Typically, you can fit 6 to 8 small identical parts in one mold, cutting down production time by roughly 80%. You can also place parts with varying shapes into the same mold, much like model airplane kits. This strategy significantly trims assembly costs.

Sometimes, two assembly parts share the same main body. With a touch of inventive design, you can craft interlock points or hinges at symmetrical spots, essentially creating a mirrored part. This lets you use one mold for both parts, halving your tooling expenses.

5. Avoid small details

Manufacturing a mold with fine details takes longer due to extended machining and finishing times. Text serves as a prime example, often demanding specialized techniques like electrical discharge machining (EDM), which can drive up costs.

6. Use lower-grade finishes

Hand-applying finishes to molds can be pricey, especially for high-grade finishes. If your part isn't meant for cosmetic purposes, it's best to skip the expensive high-grade finish.

7. Minimize the part volume by reducing wall thickness

Slimming down the wall thickness of your part is a prime strategy to reduce its volume. This not only uses less material but also significantly speeds up the injection molding cycle. For instance, cutting the wall thickness from 3 to 2 mm can slash the cycle time by 50 to 75%. Why? Thinner walls allow the mold to fill faster.

Even more crucial, thinner parts cool and set more rapidly. Consider that nearly half of the injection molding cycle is dedicated to letting the part solidify, with the machine on standby. However, it's essential to strike a balance. You don't want to compromise the part's rigidity, which could affect its mechanical performance. To maintain stiffness, consider adding ribs in strategic areas.

If you'd like to dive deeper into injection molding, continue reading Hubs' injection molding guide here: https://www.hubs.com/guides/injection-molding/#cost-reduction-tips


Chandrakant Isi is a Content Distribution Specialist at Hubs.

Hubs is an on-demand digital manufacturing platform that was founded in Amsterdam in 2013. The platform offers easy access to a wide variety of manufacturing capabilities supplied by a global network of more than 300 manufacturing partners. Hubs was acquired by Protolabs in 2021 to bring customers the world’s most comprehensive manufacturing solution.