Blow Molded Plastics Market Segmented On The Basis Of Technology, Product, Application, Region And Forecast To 2027

24/giu/2020 07:17:52 Grand View Research Contatta l'autore

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Blow Molded Plastics Market

San Francisco, 24 June 2020: The Report Blow Molded Plastics Market Size, Share & Trends Analysis Report By Technology (Extrusion, Injection, Stretch), By Product (Polypropylene, ABS, PE, Polystyrene, PVC, PET), By Application, And Segment Forecasts, 2020 - 2027

The global blow molded plastics market size is anticipated to reach USD 96.2 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.8% over the forecast period. The growth can be attributed to increasing product demand from application industries. In the past few years, there has been a significant advancement in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application industries such as automotive, building and construction, packaging, and others.

Polyethylene Terephthalate (PET) has several applications in packaging industry including the use of PET for manufacturing bottles intended for the packaging of food and beverage products. This is expected to drive its demand over the forecast period. In this global COVID-19 pandemic, the demand for Polypropylene (PP) and PET is expected to grow on account of rising demand for face masks, protective gowns, and packaging bottles for hand sanitizers.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2019. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology. Hence, it is expected to be the largest technology segment as it is used to manufacture plastic products for several end-use industries.

Access Research Report of Blow Molded Plastics  Market

Blow Molded Plastics Market Report Highlights

  • Polyethylene (PE) was the largest product segment in 2019. PE compounds are dominantly used across various industries and have been an integral material for packaging industry
  • Acrylonitrile Butadiene Styrene (ABS) to emerge as the fastest growing product segment owing to increasing demand from the automobile industry. It is used for manufacturing enclosures for electrical and electronic assemblies, automotive trim components, and protective headgears
  • Asia Pacific accounted for 33.51% of the overall revenue share in 2019. China is anticipated to witness a CAGR of 3.8% during the forecast period
  • Favorable federal regulations by agencies such as Environmental Protection Agency (EPA), California Air Resources Board (CARB), and Scottish Environmental Protection Agency (SEPA) regarding carbon emissions along with EU initiatives to develop blow molding applications for manufacturing light and fuel-efficient cars are likely to boost global market growth

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Grand View Research has segmented the global blow molded plastics market on the basis of technology, product, application, and region:

Blow Molded Plastics Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Injection Blow Molding
  • Extrusion Blow Molding
  • Stretch Blow Molding
  • Compound Blow Molding

Blow Molded Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Polypropylene (PP)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyethylene (PE)
  • Polystyrene (PS)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Others

Blow Molded Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • Packaging
  • Consumables & Electronics
  • Automotive & Transport
    • HVAC Ducts
    • Air Intake Ducts
    • Others
  • Building & Construction
  • Medical
  • Others

Blow Molded Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

List of Key Players of Blow Molded Plastics Market

  • Magna International, Inc.
  • International Automotive Components (IAC) Group
  • Inpress Plastics Ltd.
  • Comar, LLC
  • Rutland Plastics Ltd
  • Gemini Group, Inc.
  • The Plastic Forming Company, Inc.
  • Agri-Industrial Plastics
  • Garrtech, Inc.
  • Creative Blow Mold Tooling
  • North American Plastics, Ltd.
  • Custom-Pak
  • APEX Plastics
  • INEOS Group
  • Berry Global, Inc.
  • Dow Inc.
  • LyondellBasell Industries Holdings B.V.

Access Press Release of Blow Molded Plastics  Market @

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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