Global Blow Molding Plastics Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2027

Japan, Japan, Mon, 06 Dec 2021 04:49:53 / Comserve Inc. / -- Global Blow Molding Plastics Market is expected to register moderate growth at a CAGR of over 4.3% during the forecast period to surpass USD 95.8 Billion by 2027.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

Global Blow Molding Plastics Market is expected to register moderate growth at a CAGR of over 4.3% during the forecast period to surpass USD 95.8 Billion by 2027. Blow molding is a process of creating hollow plastic pieces into desired structures. The increasing product demand from major end-use industries that include automotive and packaging are expected to propel the growth of the global market during the review period. Additionally, with the lift of lockdown measures and trade restrictions, the demand is evaluated to boost pace and drive market growth. However, the fluctuating raw material prices and the existence of potential substitutes are set to hinder the growth of the market.

The growth of the Global Blow Molding Plastics Market is expected to witness a healthy market growth during the forecast period. The expansion of the global market is attributed to the significantly increasing demand from the packaging industry. Moreover, the growth of the healthcare industry has contributed to the growth of the blow molding plastics market to a high degree as plastic packaging helps maintain hygiene and is less susceptible to damage and leaks than glass packaging. Additionally, the raised scope of applications and the growing demand from developing countries is to create lucrative growth opportunities for the market. However, the existence of potential substitutes may restrain the growth of the Global Blow Molding Plastics Market during the review period.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Blow Molding Plastics Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2027

Market Segmentation
Global Blow Molding Plastics Market has been classified into Type and Application.
Based on type segment, the global blow molding plastics market has been divided into polypropylene, polyethylene, polystyrene, acrylonitrile butadiene styrene, polyvinyl chloride, polyethylene terephthalate, and others. In terms of the application segment, the global blow molding plastics market has been classified into packaging, automotive & transportation, building & construction, consumables & electronics, and others.

Regional Analysis
Geographically, the global Blow Molding Plastics Market has been classified into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific is expected to register the dominant and fastest-growing market owing to the highest value share of 41% in 2019 with the highest CAGR of over 5% during the review period. The regional market growth is driven by the rising industrialization and urbanization, especially in the personal care and pharmaceutical industries in emerging economies such as China, Japan, and Southeast Asian countries.

Major Players
The Prominent Players in the Global Blow Molding Plastics Market include LyondellBasell Industries Holdings B.V. (The Netherlands), Berry Global Inc (US), INEOS (UK), Magna International Inc (Canada), IAC Group (Luxembourg), Comar, LLC (US), Inpress Plastics Ltd (UK), Rutland Plastics Ltd (UK), Garrtech Inc. (Canada), Gemini Group, Inc (US), Plastic Forming Company Inc (US), and North American Plastics Ltd (US).

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Blow Molding Plastics Market Insights by Leading Companies Future Growth, Revenue Analysis and Demand Forecast - 2027

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 GLOBAL BLOW MOLDING PLASTICS MARKET, BY TYPE 18
1.2 GLOBAL BLOW MOLDING PLASTICS MARKET, BY APPLICATION 19
1.3 GLOBAL BLOW MOLDING PLASTICS MARKET, BY REGION 20
2 MARKET INTRODUCTION
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 MARKET STRUCTURE 22
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 26
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS 27

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