The blow molded plastics market is expected to witness market growth at a rate of 3.20% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 98,423.54 million by 2028. Data Bridge Market Research report on blow molded plastics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of blow molded plastics market.
Blow molding refers to manufacturing process that is used to create hollow plastic parts by inflating a heated plastic tube until it fills a mold and forms the desired shape. Injection blow molding, injection stretch blow molding and extrusion blow molding are the three main blow molding processes. Blow-molded parts can be formed from various thermoplastic materials, such as polyethylene terephthalate, polyvinyl chloride, acrylonitrile butadiene styrene, polyethylene, polypropylene, and polystyrene, among others.
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The major players covered in the blow molded plastics market report are Exxon Mobil, Lyondellbasell Industries Holdings B.V, Dowdupont, Sabic, Ineos Group Holdings S.A, China Petroleum Corporation, Solvay, Eastman Chemical Company, Formosa Plastics Group (FPG), Chevron Corporation, Qenos Pty Ltd, Lanxess, Eastman Chemical Company, Versalis S.P.A, BASF SE, Reliance Industries Limited, Westlake Chemical Corporation, Braskem, Haldia Petrochemicals Limited, AGC Chemicals Americas Inc., LG Chem, The Chemours Company, Shin–Etsu Chemical Co. Ltd, Lotte Chemical UK Ltd, and EMS-Chemie Holding AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Blow Molded Plastics Market Report:
The blow molded plastics market is segmented on the basis of product, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the blow molded plastics market is segmented into Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), Polyethylene (PE), Polystyrene (PS), Polyvinyl Chloride (PVC), Polyethylene terephthalate (PET) and others.
- On the basis of technology, the blow molded plastics market is segmented into injection blow molding, extrusion blow molding, stretch blow molding, and compound blow molding.
- On the basis of application, the blow molded plastics market is segmented into packaging, consumables and electronics, automotive and transport, building and construction, medical and others.
Blow Molded Plastics Market Regional Analysis/Insights
The Blow Molded Plastics market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Blow Molded Plastics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Blow Molded Plastics within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Blow Molded Plastics market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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