Blow Molded Plastics Market Size, Share, Growth Report 2032

The global blow molded plastics market size was worth around USD 76.1 Billion in 2020 and is predicted to grow to around USD 99.2 Billion by 2028 with a compound annual growth rate (CAGR) of roughly 3.5% between 2021 to 2028. The report offers assessment and analysis of the Blow Molded Plastics Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

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Blow Molded Plastics Market: Overview

Blow molding is a process that helps in formation & joining of hollow plastic components. It is utilized in glass bottle formation as well as forming of other hollow shapes. Reportedly, blow molding process commences with melting down of plastic and formation of plastic into parison, which is a tube like plastic piece having hole in one end through which compressed air can pass through. Parison is then compressed into mold and air is then blown into it. Afterwards, air pressure thrusts plastic out to tie mold and once plastic is cooled & hardened mold opens up with part ejected.

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Blow Molded Plastics Market: Growth Factors

With massive product penetration across construction, packaging, and automotive sectors, expansion of blow molded plastics industry is likely to gain momentum over assessment period. Humungous use of blow molded plastics in healthcare sector will enlarge scope of market growth over forecasting timeframe.  It also finds huge applications in consumables, electronic products, and packaging. Furthermore, food & beverage is predicted to be major consumer of blow molded plastics. Huge demand for blow molded plastics in household industrial chemicals, personal care items, motor oil bottles, industrial drums, and containers.

Moreover, low equipment costs and reduced charges of blow molding has resulted into surge in acceptance blow molding processes  for producing   plastic by manufacturers, thereby expediting growth of blow molded plastics industry. Nonetheless, growing concerns about environmental degradation caused due to plastic usage can inhibit market surge over forecast timespan.

Blow Molded Plastics Market: Report Scope

Blow Molded Plastics Market: Regional Landscape

Asia Pacific To Make Notable Contributions Towards Market Size By 2028

Growth of blow molded plastics market in Asia Pacific over forecast timespan is subject to presence of large number of regional manufacturers in sub-continent. Rise in acceptance of new blow molded plastic technologies in countries such as Japan, India, and China will proliferate regional market size. China is likely to be major regional revenue pocket over coming decade.

Blow Molded Plastics Market Competitive Outlook

Key players influencing market growth and profiled in report are:

• International Automotive Components (IAC) Group
• Creative Blow Mold Tooling
• Rutland Plastics Ltd.
• The Plastic Forming Company Inc.
• Comar LLC
• Inpress Plastics Ltd.
• Garrtech Inc.
• Magna International Inc.
• Agri-Industrial Plastics Co
• and Gemini Group Inc.

The global Blow Molded Plastics Market is segmented as follows:

By Technology

• Compound Blow Molding
• Injection Blow Molding
• Stretch Blow Molding
• Extrusion Blow Molding

By Application

• PACKAGING
• HEALTHCARE
• Building & Construction
• Automotive & Transport,
• Consumables & Electronics

By Product

• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Acrylonitrile Butadiene Styrene (ABS)
• Polypropylene (PP)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa