The Blow Molded Plastics Market size is likely to witness a growth of 3.2% over the forecast period. Increasing consumption of packed products guided by the hectic lifestyle of individuals and support from various government agencies will fuel the market growth.

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Blow Molded Plastics Market Dynamics

Blow-molded plastic production helps achieve cost-efficiency, provides a fast production solution, and allows producers to optimize high labor costs. Acceleration in the number of industries, such as electronics, automotive, building, and packaging, and the rising demand for plastic products to produce bottles, medical supplies, food and beverage packaging, and containers will bolster the blow-molded plastics market share. Also, as stated by the Plastic Oceans International organization, nearly 380 million plastic is produced each year. Also, 3D blow molding promotes an automatic production process to help producers produce many units in a shorter time span.

However, the instability in the prices of raw materials may restrain the market growth. In addition, as per the global blow molded plastics market forecast, the evolution of the COVID-19 pandemic had a negative impact on the blow molded plastics market owing to the disturbance in the production of electronics, vehicles, and consumer goods.

Resin – Segment Analysis

Polypropylene (PP) is projected to witness faster growth over the forecast period. Higher strength and lower weight of polypropylene (PP) make it suitable across several packaging applications. The American Chemistry Council, Inc. stated that polypropylene accounts for nearly 39 percent of the overall recycling of rigid plastics in the U.S.

Market Segmentation

Blow Molded Plastics Market by Resin

• Polyethylene Terephthalate (PET)
• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Polystyrene (PS)
• Acrylonitrile butadiene styrene (ABS)
• Others

Blow Molded Plastics Market by Molding Method

• Extrusion Blow Molding
• Injection Blow Molding
• Stretch Blow Molding
• Rotational Blow Molding
• Others

Blow Molded Plastics Market by Application

• Automotive
• Packaging
• Building & Construction
• Electrical & Electronics
• Consumer products
• Others

Blow Molded Plastics Market by Region:

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

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