Blow Molded Plastic Market 2022 - Company Profiles and Trends Forecast To 2028

Blow Molding is the process of heating and molding thermoplastic resin and solidifying the cooling of the molded plastic. It is also used to make glass bottles or other hollow shapes. There are various types of plastics, such as polyolefins (HDPE, LDPE, and Polypropylene), polyvinyl chloride, and polyethylene terephthalate. Various forms of molding are also available, such as extrusion molding, injection molding, stretch blow molding, and others.

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The rising demand from key application markets, including construction, automotive, and packaging, is expected to drive market growth, especially in Brazil, Russia, India, China, and South Africa (BRICS). Moreover, due to the COVID-19 pandemic, demand for various pharmaceutical products, disinfectants, and sanitizers has increased. This, in fact, fuels the market for blow molded plastics in medical applications. Moreover, there is a strong demand for blow molded plastics from medical and healthcare products as well as containers used in FMCG products and consumer goods, which will further propel its market demand. However, factors such as variability in the price of raw materials, strict government regulations on plastics and less acceptance in underpopulated countries are constraining the market growth of plastic molding.

MARKET SEGMENTATION

The global blow molded plastic market is segmented on the basis of technology, product, and application. On the basis of technology the global blow molded plastic market is segmented into injection blow molding, extrusion blow molding, stretch blow molding, and compound blow molding. Based on product the global blow molded plastic market is segmented into polypropylene (PP), acrylonitrile butadiene styrene (ABS), polyethylene (PE), polystyrene (PS), polyvinyl chloride (PVC), polyethylene terephthalate (PET), and others. Based on application the global blow molded plastic market is segmented into packaging, consumables & electronics, automotive & transport, building & construction, medical, and others.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global blow molded plastic market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The blow molded plastic market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the blow molded plastic market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the blow molded plastic market in these regions.

MARKET PLAYERS

1. Agri-Industrial Plastics
2. Comar, LLC
3. Creative Blow Mold Tooling
4. Garrtech, Inc.
5. Gemini Group, Inc.
6. Inpress Plastics Ltd.
7. International Automotive Components (IAC) Group
8. Magna International, Inc.
9. Rutland Plastics Ltd
10. The Plastic Forming Company, Inc.

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