Market Overview:
The global blow molded plastics market is expected to exhibit a CAGR of
3.5% during 2022-2027.
Blow molded plastics are made by extruding a thermoplastic molten tube into intricate and complex shapes. Their manufacturing process involves the utilization of lubricants, impact modifiers, acrylic process aids and thermal stabilizers. As they offer high impact strength, flow, and thermal stability, the use of blow molded plastics is increasing worldwide for manufacturing gallon drums and automotive fuel tanks. Moreover, they are gaining traction in the food and beverage (F&B) industry to produce bottles for the packaging of different food products and beverages. They are also employed in the industrial sector to make machine parts, toolboxes, trash containers, and hot water tanks.
The rising consumption of packaged food products on account of hectic lifestyles, in confluence with the constant support of various governing agencies for reusing and recycling technologies to minimize landfills, represents one of the major factors influencing the market. Additionally, due to the ongoing coronavirus disease (COVID-19), the escalating demand for hand gels, food-grade barrels, laboratory consumables, and industrial-size disinfectants is strengthening the market growth. Moreover, blow molded plastics are used to manufacture electronic components for air conditioners, household appliances, office furniture, and sports arenas. This, along with the boosting sales of electronics worldwide, is bolstering the market growth. Apart from this, the thriving automotive industry is increasing the adoption of these plastics for making bumpers, spoilers, air ducts, and seat backs. Their exceptional properties, such as water resistance, durability, light weight, and energy conservation, are further expanding their applications in the construction, pharmaceutical, and personal care industries. Besides this, the rising demand for premium toys, leisure sailboards, canoes, and sports goods is anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global blow molded plastics market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology and application.
Breakup by Product:
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Polyethylene (PE)
- Polystyrene (PS)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Others
Breakup by Technology:
- Extrusion Blow Molding
- Injection Blow Molding
- Stretch Blow Molding
- Compound Blow Molding
Breakup by Application:
- Packaging
- Consumables and Electronics
- Automotive and Transport
- Building and Construction
- Medical
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agri-Industrial Plastics, APEX Plastics, Comar LLC, Creative Blow Mold Tooling, Custom-Pak, Exxon Mobil Corporation, Garrtech Inc., Gemini Group Inc., Inpress Plastics Ltd., North American Plastics Ltd. and PET ALL Manufacturing inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Product, Technology, Application, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Agri-Industrial Plastics, APEX Plastics, Comar LLC, Creative Blow Mold Tooling, Custom-Pak, Exxon Mobil Corporation, Garrtech Inc., Gemini Group Inc., Inpress Plastics Ltd., North American Plastics Ltd. and PET ALL Manufacturing inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global blow molded plastics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global blow molded plastics market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global blow molded plastics market and who are the key players?
- What is the degree of competition in the industry?