Blow Molded Plastics Market Trends, Key Players, Segmentation and Forecast 2023-2028

Posted on 22 August, 2023 by Joseph Finch

Blow Molded Plastics Market Trends, Key Players, Segmentation and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Blow Molded Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global blow molded plastics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Blow Molded Plastics Market?

Report Attributes   

Details

Growth rate (2023 to 2028)

CAGR of 3.3%

Base Year of the Analysis

2021

Forecast Period

2023-2028

What is Blow Molded Plastics?

Blow molded plastics refer to a manufacturing process used to produce hollow plastic products. In this process, plastic material is melted and formed into a parison, which is then inflated with compressed air to take the shape of a mold. This method enables the production of various products with distinct characteristics. Blow molded plastics possess several notable characteristics, including high strength, lightweight nature, and durability. They are resistant to chemicals, impact, and weathering, making them suitable for a wide range of applications. Additionally, blow molded plastics can be produced in complex shapes and sizes, offering design flexibility. These plastics find extensive applications across various industries such as packaging industry for manufacturing bottles, containers, and jugs. Blow molded plastics are also employed in automotive manufacturing for producing fuel tanks, air ducts, and bumper components. Other industries that utilize blow molded plastics include consumer goods, healthcare, aerospace, and industrial equipment manufacturing.

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What are the Growth Prospects and Trends in the Blow Molded Plastics Industry?

One of the primary drivers is the increasing demand for lightweight and durable packaging solutions across various industries. Moreover, blow molded plastics offer an excellent strength-to-weight ratio, making them ideal for packaging applications, such as bottles, containers, and jugs, thereby propelling the market growth. In addition, the rising preference for eco-friendly and sustainable materials is pushing the market forward. The increasing environmental awareness, consumers and businesses are gravitating towards packaging solutions that are recyclable and have a lower carbon footprint, are fueling the market growth. Furthermore, technological advancements in blow molding techniques and equipment are contributing to the market's expansion. Besides this, the growth of end-use industries such as automotive, consumer goods, and healthcare is generating the demand for blow molded plastics. Other factors such as R&D activities and ongoing innovations are further driving the growth of the market.

Who are the Key Players Operating in the Blow Molded Plastics Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • Agri-Industrial Plastics
  • APEX Plastics
  • Comar LLC
  • Creative Blow Mold Tooling
  • Custom-Pak
  • Exxon Mobil Corporation
  • Garrtech Inc.
  • Gemini Group Inc.
  • Inpress Plastics Ltd.
  • North American Plastics Ltd.
  • PET ALL Manufacturing inc.

What is Included in Market Segmentation?

The report has categorized the market based on product, technology, application and region.

Breakup by Product:

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

Analysed by Technology:

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

Based on Application:

  • Packaging
  • Consumables and Electronics
  • Automotive and Transport
  • Building and Construction
  • Medical
  • Others
     

Regional Analysis:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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