Press release
Blow Molding Machine Market Size, Share, Growth Analysis by 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.Get a Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/6392
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.
Furthermore, increase in technological advancements in blow molding machines is expected to fuel the growth of the blow molding machine market during the forecast period. For instance, the design improvements and technological advancements in the global blow molding machines market are influenced by the requirements and trends in the end-user segments of blow-molded plastic products, specifically the automotive, consumer goods, and packaging.
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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.
Key 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
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Contact:
David Correa
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
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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