Global Blow Molding Resins Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
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7534
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May 2023
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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"Global Blow Molding Resins Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global blow molding resins market, and the various trends, drivers, restraints, opportunities, and threats in the target market 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 global blow molding resins market report has been segmented on the basis of type, technology, application, and region.
Introduction
Blow molding resins are utilized in blow molding processes. The blow molding is a process of making hollow products by expanding the plastic parts against inner surface of mold by using resins. Therefore, products produced possess abrasion, and scratch resistance along with high gloss. In addition, blow molded products also exhibit environmental stress cracking resistance, stiffness, rigidity, and high load melt strength. These properties enhance use of resin for various blow molding applications. Blow molding resins are used in various applications such as automotive, packaging, and construction industries. Moreover, blow molding resins are used for production of cans, bottles, and containers that are utilized in food & beverages, pharmaceutical, chemical, and personal care industries.
Dynamics
Increasing demand for blow molding resins across various end-use industrial verticals such as packaging and automotive & transportation, is major factor expected to drive growth of the global market over the next few years. Increasing application scope in the healthcare and consumable & electronics industries is key factor expected to support revenue growth of the target market in the next few years. In addition, numerous advantages and features offered by blow molding resins such as excellent stiffness, high load melt strength, Environmental Stress Cracking Resistance (ESCR), and excellent rigidity are other factor expected to increase adoption of these products, which in turn projected to drive growth of the target market over the forecast period. In addition, blow molding resins find application in various industrial sectors with enhanced efficiency, which in turn expected to drive growth of the target market over the next few years.
Region Analysis
The Asia Pacific market is expected to account for significant share in terms of revenue in the global blow molding resins market. In addition, the Asia Pacific market is also anticipated to register faster growth in terms of revenue over the next 10 years, owing to increasing demand from consumable & electronics and automotive & transportation industries in countries in this region. Increasing investments by various public and private manufacturers in Asia Pacific region and rising demand from various end-use application sectors are among some additional factors projected to drive growth of the Asia Pacific market in the next few years. The market in China is expected to account for major share in terms of revenue in the Asia Pacific. In addition, rising awareness regarding numerous features offered by these resins among manufacturers in countries in this region are other factors driving growth of these end-use industries, which in turn is expected to fuel growth of the global market in this region.
Global Blow Molding Resins Market Segmentation:
Segmentation by type:
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Polyethylene Terephthalate
- Others (polystyrene and acrylonitrile butadiene styrene (ABS))
Segmentation by technology:
- Injection Blow Molding
- Extrusion Blow Molding
- Stretch Blow Molding
- Compound Blow Molding
Segmentation by application:
- Packaging
- Automotive & Transportation
- Building & Construction
- Others (consumables & electronics and pharmaceutical)
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Exxon Mobil Corporation
- Lyondellbasell Industries Holdings B.V.
- DowDuPont Inc.
- Saudi Basic Industries Corporation
- INEOS Group Holdings S.A.
- Solvay SA
- Eastman Chemical Company
- Formosa Plastics Group
- Chevron Corporation
- Qenos Pty Ltd.