Press release
Blow Molding Machine Market Share, Analysis & Growth Forecast, 2026 | by Application, Raw Material
According to a new report published by Allied Market Research, titled, " Blow Molding Machine Market by Application and Raw Material: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global blow molding machine market size was valued at $4.8 billion in 2018, and is projected to reach $6.6 billion by 2026, growing at a CAGR of 3.8% from 2019 to 2026.Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/6392
In 2018, by application, the packaging segment accrued the largest share in the market. In addition, packaging is the substantial part of the ever-growing plastic industry. The plastic packaging materials utilized are polymers, and also their combinations. The utilization of variety of plastic materials is decided as per the shelf life of the product which is to be packed.
The manufacturers of blow molding machine are focusing on business expansion and new product development as key strategies to increase their blow molding machine market shares. For instance, in July 2019, Meccanoplastica launched new MiPet Combi stretch blow molding solution. The new product integrates filler, blower, and capping machine. In addition, it only uses 30% of the occupied space and eliminates the inconvenience of air transport.
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Global Blow Molding Machine Market Segments:
By Application
Packaging
Automotive
Construction
Others
By Raw Material
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
Key Players
Chia Ming Machinery Co., Ltd.
Elegance Industries
GOLFANG Mfg. & Development Co., Ltd.
Jagmohan Pla-Mach Pvt. Ltd.
Jiangsu Victor Machinery Co., Ltd.
Jomar Corporation
Kautex Maschinenbau GmbH
Meccanoplastica S.R.L
Parker Plastic Machinery Co., Ltd.
Polymechplast Machines Ltd.
Speak to Our Expert Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/6392
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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