Press release
Blow Molding Machine Market Demand, Growth Analysis by 2026 | by Application, Raw Material | Chia Ming Machinery Co., Ltd., Elegance Industries, GOLFANG Mfg. & Development Co., Ltd., Jagmohan Pla-Mach Pvt. Ltd.
The blow molding machine market has witnessed significant growth over the past decade, owing to rise in investment in various end-user industries such as automotive, healthcare, and others especially in the Europe and Asia-Pacific region. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the growth of the blow molding machine market.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.
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Blow Molding Machine Market by Application (Packaging, Automotive, Construction, and Others) and Raw Material (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), and Others)
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.
Key Players
The key players profiled in the market report include 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., and Polymechplast Machines Ltd.
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Key Benefits for Stakeholders:
The report provides an extensive analysis of the current and emerging blow molding machine market trends and dynamics.
In-depth blow molding machine market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global blow molding machine market forecast analysis from 2018 to 2026 is included in the report.
The key market players operating in the global blow molding machine market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the blow molding machine industry.
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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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