Global Blow Molded Plastics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global blow molded plastics market in its upcoming report titled, “Global Blow Molded Plastics Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global blow molded plastics market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The blow molded plastics market report has been segmented on the basis of product, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Blow molding is the process of forming a molten tube of thermoplastic material. Blow molding of plastics includes extrusion blow molding, stretch blow molding, and injection blow molding. Blow molded plastic bottles, jars, or containers are lightweight that are manufactured by the process of molding plastic with machine blowing.

On the basis of product, the polyethylene segment is expected to hold major revenue share in the global blow molded plastics market. Growing demand for bottles and containers manufactured from polyethylene for packaging in food and chemical industry is expected to major factor driving revenue growth of this segment.

On the basis of application, the packaging segment is expected to hold a major revenue share in the global target market and is expected to maintain dominance for the next ten years. Growing demand for plastics such as high-density polyethylene, low-density polyethylene, and polyethylene terephthalate in manufacturing cans, cases, and bottles used in packaging in food & beverage industry is expected to support revenue growth of this segment over the forecast period.

Asia Pacific market is estimated to hold major revenue share in the global blow molded plastics market and is expected to maintain its dominance over the forecast period. Rising demand for automobiles in the region owing to changing lifestyles and growing purchase power coupled with the presence of large-scale automotive manufacturing brands in the region are expected to drive Asia Pacific blow molded plastics market over the forecast period. Moreover, the presence of a large number of blow molded plastics manufacturers in the region is expected to support revenue growth of the blow molded plastics market in the Asia Pacific. The Asia Pacific accounts for the major revenue share contribution of the global market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively.

Market segmentation and key players operating in the global blow molded plastics market:

By product:

• Polypropylene
• Acrylonitrile Butadiene Styrene
• Polyethylene
• Polyethylene Terephthalate
• Polyvinyl Chloride
• Others (Polystyrene, Polycarbonate, Polysulfone, and Butadiene-styrene)

By application:

• Construction & Infrastructure
• Automotive
• Packaging
• Electronics and Consumer Goods
• Medical
• Others

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa