Global Blow Molding Resins Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx million over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.7% during the forecast period, i.e. 2017-2025. Blow molding is the process of inserting a hot, hollow, thermoplastic preform inside a mold so its shape conforms to that of the cavity.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global blow molding resins market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global blow molding resins market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Market Dynamics

Blow Molding Resins Market was valued USD 36,510.0 million in the year 2017, and is growing at rate of 6.7% during the forecast period. High demand for blow molding resins in packaging industry, and automotive light-weighting increasing the blow molding resins demand. However, fluctuation in crude oil prices hindering the market growth. The volatile prices of feedstocks have a significant impact on the profitability of blow molding resin suppliers. On the contrary, high demand for blow molding resins in developing countries of Asia-Pacific to offer lucrative growth opportunities during the analysis period.

In order to stay competitive, key players operating in the laser technology market are adopting numerous strategies such as product launch, product development, business expansion, collaboration, partnership, agreement, and acquisition to strengthen their market shares and strengthen their geographical presence, globally. For instance, ExxonMobil Chemical Co., to build new polypropylene (PP) resin unit in Baton Rouge, La., with production capacity of around 1 billion pounds. Construction of the new polypropylene (PP) unit will begin mid of 2019, with production set to start in 2021. This new plant to reinforce company’s geographical presence as well as strengthen its blow molding resins portfolio.

Segment Analysis

By Type Insights: On the basis of type, the blow molding resins market is bifurcated into polyethylene, polypropylene, polyvinyl chloride, polyvinyl terephthalate. The polyethylene segment of the blow molding resins market is anticipated to grow at the highest CAGR during the projection period. The growth of this segment of the market is due to its superior properties such as high stiffness and environmental stress cracking resistance (ESCR), high load melt strength, and excellent rigidity. High density polyethylene is generally utilized for the applications in blow molding.

By Application Analysis: On the basis of application, the blow molding resins market is bifurcated into packaging, automotive & transportation, construction & infrastructure. The packaging segment fastest growing application and anticipated to maintain its dominance during the analysis period. Food & beverages, pharmaceutical, chemical, as well as personal care industries are some of the major consumers of blow molded products in packaging applications.

Regional Analysis

The global xxxxx market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific region is anticipated to gain dominating market share. The blow molding resins market is also expected to grow at the fastest growth rate during the analysis period in Asia-Pacific region. The growth of the blow molding resins market in Asia Pacific is due to the rising demand for blow molding resins from industries such as packaging, automotive & transportation.

Global Blow Molding Resins Market Size, Share Analysis By Region 2017

Global Blow Molding Resins Market Study Objective

1. To forecast the market size of blow molding resins market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of blow molding resins market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have major impact on the growth of blow molding resins market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of blow molding resins market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the blow molding resins market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Key players of Global Blow Molding Resins Market 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, and Qenos Pty Ltd. The other players in the value chain of the market comprises 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, and EMS-Chemie Holding AG.

Global Blow Molding Resins Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.