Press release
PET Blow Molded Products Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 | Alpha Packaging, APEX Plastics, Sidel, Silgan Holdings, Amcor
During the projected period of 2021-2027, the "PET Blow Molded Products Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The PET Blow Molded Products market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.By the PET Blow, Molded Products market is set to grow at a CAGR of 3.8% over the forecast period (2021-2027).
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Market Overview:
The demand for Polyethylene Terephthalate (PET) in packaging is expected to gain traction over the forecast period. Recent developments in PET bottle disposal and recycling have offset the limitations caused by regulations. Moreover, the development of bio-based PET is expected to provide the much-needed scope for internal substitution, thereby driving its demand in various applications. It is widely used in the plastic bottling of soft drinks and for speciality bottling, such as bottling of beer. It is an ideal material for flexible food packaging and thermal insulation owing to some of its properties. It is also often used as a substrate in thin-film solar cells.
Top Key players operating in the global PET Blow Molded Products market are:
Alpha Packaging, APEX Plastics, Sidel, Silgan Holdings, Amcor, Berry Plastics, Constantia Flexibles, First American Plastic, Graham Packaging, Hassan Plas Packaging, Linpac Group, R&D Molders, Resilux, RPC Group, Sonoco, Streamline Plastic
Recent Development:
For instance, in July 2020, Berry Global, Inc. completed the acquisition of RPC Group Plc (“RPC”) to reduce the operational cost and integration in the value chain.
Amcor has acquired 19 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets. Amcor’s largest acquisition to date was in 2016 when it acquired Alusa S.A. for $435M. Its largest disclosed sale occurred in 2007 when it sold Amcor - European PET Business to La Seda de Barcelona SA for $479M. Amcor has acquired in 4 different US states, and 11 countries. The Company’s most targeted sectors include packaging (85%) and plastics (16%).
Major PET Blow Molded Products Market Types covered are:
PET Blow Molded Bottles
PET Blow Molded Buckets
Major PET Blow Molded Products Market Applications covered are:
Food Packaging
Industrial Packaging
Medical Packaging
Cosmetic Packaging
Others
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The Asia Pacific Dominates the market:
The Asia Pacific dominated the market and accounted for over 33.0% share of the global revenue. A favourable economic situation and the emergence of several domestic manufacturers with sound technological capabilities at lower costs as compared to the mature economies in Europe and North America have assisted in the development of the regional market over the past few years. China, which is a major manufacturing hub, has witnessed tremendous growth of the end-use sectors that consume blow-moulded plastic compounds. This factor is also supporting APAC market growth.
Regional Analysis of Global PET Blow Molded Products market:
The PET Blow Molded Products Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: PET Blow Molded Products Market
- Chapter 1: outline of PET Blow Molded Products marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: advertising reputation research
- Chapter 11: marketplace file end
- Chapter 12: research technique and Reference
Impact of COVID-19 on the PET Blow Molded Products Market:
The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.
Customization Available: Global PET Blow Molded Products Market
The Global PET Blow Molded Products Market report may be modified to meet your specific business needs. because we recognize what our customers want, we provide 25% customization for any of our MID reports at no extra value to all of our customers.
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