Global Blow Molding Resins Market, By Type (Polyethlene, Polypropylene, Polyvinyl Chloride, Polyethylene Teraphthalate and Others), Technology (Injection Blow Molding, Extrusion Blow Molding, Stretch Blow Molding and Compound Blow Molding), Application (Packaging, Automotive and Transportation, Building and Construction and Others), Country(U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Blow molding resins market is estimated to reach at a USD 75.52 billion by 2027, and growth rate of CAGR 11% in the forecast period of 2020 to 2027. Increasing demand for blow molding resins across various end-user industries such as automotive, packaging, transportation is major factor driving the growth of the growth.
Blow molding is a process of forming hollow products by expanding a hot plastic mass against the internal surfaces of a mold. Products formed through blow molding exhibit chemical, scratch and abrasion resistance along with high gloss.
Blow molding market is driven by their increasing demand from packaging industry due to their durability, flexibility and low cost and their superior properties of scratch and chemical resistance. They are widely used for applications such as beverage bottling, food packaging, bakery products, dry food, pet food, meat and cheese, snacks, drinks and others. Demand for ready to eat processed food with longer perishability due to fast paced lifestyle increased the demand in the food and beverages packaging. Increased used in cosmetic and personal care products and health and hygiene in packaging owing to aforementioned properties is driving the growth of the market. Moreover, the use of blow molding resins in making lightweight vehicles is driving the growth of the market and will create growth opportunities for blow molding resins market the market in the forecast period of 2020-2027.
Volatility in the crude oil prices will act as a restrain, and further challenge the growth of blow molding resins market in the forecast period mentioned above.
The blow molding resins market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions and technological innovations in the market. To gain more info blow molding resins market on Data Bridge Market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blow Molding Resins Market Scope and Market Size
Blow molding resins market is segmented on the basis of type, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the blow molding resins market is segmented into polyethlene, polypropylene, polyvinyl chloride, polyethylene teraphthalate and others.
- On the basis of technology, the blow molding resins market is segmented into injection blow molding, extrusion blow molding, stretch blow molding and compound blow molding.
- Based on application, the blow molding resins market is segmented into packaging, automotive and transportation, building and construction and others.
Global Blow Molding Resins Market Country Level Analysis
Blow molding resins market is analysed and market size, volume information is provided by country type, technology and application as referenced above.
The countries covered in the blow molding resins market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is dominating the blow molding resins market due to high demand for blow molding resins from major end-use industries such as automotive, construction, packaging and others.
The country section of the blow molding resins market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Blow Molding Resins Market Share Analysis
Blow molding resins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blow molding resins market.
The major players covered in the blow molding resins market report are Exxon Mobil, Lyondellbasell Industries Holdings B.V, Dowdupont, Sabic, Ineos Group Holdings S.A, China Petroleum Corporation, Solvay, Eastman Chemical Company, Formosa Plastics Group (FPG), Chevron Corporation, Qenos Pty Ltd, Lanxess, Eastman Chemical Company, Versalis S.P.A, BASF SE, Reliance Industries Limited, Westlake Chemical Corporation, Braskem, Haldia Petrochemicals Limited, AGC Chemicals Americas Inc., LG Chem, The Chemours Company, Shin–Etsu Chemical Co. Ltd, Lotte Chemical UK Ltd, EMS-Chemie Holding AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Blow Molding Resins Market
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