The blow molding resins market is estimated at USD 36.67 billion in 2017 projected to reach USD 51.95 billion by 2022, at a CAGR of 7.2% from 2017 to 2022.
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The high demand for blow molded products in various applications, such as pharmaceutical, food & beverages, chemical, and personal care is expected drive demand for blow molding resins.
Blow Molding Resins Market, By Type
4 Polyvinyl Chloride
5 Polyethylene Terephthalate
Blow Molding Resins Market, By Application
3 Automotive & Transportation
4 Construction & Infrastructure
Blow molding resins market has been classified on basis of type into polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, & others.
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Among types, polyethylene segment of blow molding resins market is projected to grow at highest CAGR during forecast period. Growth of this segment of market can be attributed to its excellent properties like high stiffness and Environmental Stress Cracking Resistance (ESCR), high load melt strength, and excellent rigidity.
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Asia Pacific region is largest market for blow molding resins across globe. Asia Pacific blow molding resins market is projected to grow at highest CAGR between 2017 and 2022.
Growth of Asia Pacific blow molding resins market can be attributed to presence of various applications of blow molding resins in region and increasing demand for blow molding resins from applications, such as packaging, automotive & transportation, from countries, such as China, Japan, and India.
The target audiences for the blow molding resins market report are as follows:
- Manufacturers of Blow Molding Resins
- Blow Molding Resin Compounders(those who prepare plastic formulations by mixing or/and blending polymers and additives into process ready pellets)
- Blow Molding Resin Converters (those who convert plastic resins and compounds into finished products)
- End-use Industries, such as Pharmaceutical, Food & Beverages, Personal Care, and Chemical, among others
Some of the key players operating in the blow molding resins market are Exxon Mobil (US), LyondellBasell (Netherlands), DowDuPont (US), SABIC (Saudi Arabia), INEOS (Switzerland), Solvay (Belgium), Formosa Plastics (Taiwan), Chevron (US), Eastman (US), China Petroleum (China), and Reliance Industries (India).
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The report covers the blow molding resins market across different types of blow molding resins, applications, and regions. It aims at estimating the market size and future growth potential of the blow molding resins market across the types of blow molding resins.
The report also includes an in-depth competitive analysis of the key market players along with their profiles, and key growth strategies.
Breakdown of the profiles of primary interviews for the report on the blow molding resins market
- By Company Type – Tier 1– 45%, Tier 2–22%, and Tier 3–33%
- By Designation – C Level– 50%, Director Level–10%, and Others–40%
- By Region – Europe – 50%, Asia Pacific – 31%,North America–13%, and RoW–6%
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