Data Bridge Market Research recently undertook a comprehensive market intelligence investigation into theLarge Blow Molded Products Market. Their freshly released report adopts an attractive format, effectively presenting crucial data through visually captivating tables, graphs, charts, and figures.
This Large Blow Molded Products report defines and segments the market with analyzes and projections of the market size in terms of value, volume and technology. TheLarge Blow Molded Products research report also identifies driving and restraining factors of the global market with an analysis of the trends, opportunities and challenges. ThisLarge Blow Molded Products report examines the leading manufacturers of the market with sales, revenue and price. The facts and data of the market are represented in this report using diagrams, graphs, pie charts and other pictorial representations.
This Large Blow Molded Products report firstly introduced basic information which includes definition, classification, application, Industry chain structure and Industry view. To ensure the quality of the report further, market dynamics, various projection, demographic changes, historic details and other have been included in thisLarge Blow Molded Products report. Analysts have studied the investments in research and development of products and technologies that are expected to give the players a definite boost.
Market Analysis and Size
The large blow molded products market is undergoing tremendous transformation due to 3D blow molding and automation. In addition, the large blow molded product manufacturers are cross training their personnel at all levels to ensure that each employee is able to optimize their skills. Also the blow molding allows for simple and cost-effective component manufacture and the mass production of vehicle parts aids market expansion. Consequently, the market is projected to show favorable growth over the forecast period due to these determinants.
Global Large Blow Molded Products Market was valued at USD 1759.50 million in 2021 and is expected to reach USD 2316.93 million by 2029, registering a CAGR of 3.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Market Definition
Large blow molded products are produced by extruding a thermoplastic molten tube into complicated and complex shapes. Lubricants, impact modifiers, acrylic process aids, and thermal stabilizers are used in their manufacturing process. Blow-molded plastics are increasingly being used to make gallon drums and vehicle fuel tanks due to their excellent impact strength, flow, and temperature stability. They are also gaining ground in the food and beverage (F&B) business, where they're being used for packaging a variety of foods and beverages in bottles. Large blow molded products are odourless and toxin-free, with outstanding clarity, water resistance, and electrical insulation.
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Key Growth Drivers:
- High Utilization of Large Blow Moulded Products
The large blow molded products are used for manufacturing electronic components for air conditioners, household appliances, workplace furniture, and sports arenas. Also, surge in need for various pharmaceutical products, disinfectants, and sanitizers due to the prevalence of COVID-19 further accelerates market growth. Aside from that, increased demand for high-end toys, leisure sailboards, canoes, and sports equipment is expected to propel the industry forward. Moreover, their outstanding characteristics, such as water resistance, durability, light weight, and energy saving, are expanding their uses in the construction, pharmaceutical, and personal care industries. Consequently, their high usage across the end-use industries largely propels market growth.
Furthermore, the emergence of new players in the market and rising collaborations will further propel the growth rate of the large blow molded products market. Additionally, the rising personal disposable income will also drive market value growth.
Opportunities
- Investments and implementation of Antistatic Additives
Furthermore, the investments in high-tech extrusion large blow molding machines extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the manufacturers are implementing antistatic additives on the outer layer of HDPE large blow molded products due to surge in fire safety will further expand the future growth of the large blow molded products market.
The report emphasizes the participation of key entities, notably:
Agri-Industrial Plastics (U.S.)
APEX Plastics (U.S.)
Comar (Ireland)
Haldia Petrochemicals Limited (India)
Creative Blow Mold Tooling (U.S.)
Custom-Pak, Inc (U.S.)
Exxon Mobil Corporation (U.S.)
Garrtech Inc. (Canada)
Gemini Group Inc. (U.S.)
Inpress Plastics Ltd. (U.K.)
North American Plastics (U.S.)
PET ALL Manufacturing Inc., (Canada)
INEOS AG (U.K.), Solvay (Belgium)
Eastman Chemical Company (U.S.)
China National Petroleum Corporation (China)
Formosa Plastics Corporation (U.S.)
Westlake Corporation (U.S.)
Lyondellbasell Industries Holdings B.V. (U.K.)
Report Scope:
- Analysis of market trends influencing the global beverage stabilizers market's growth.
- Examination of trends within key regional and country-level markets based on type, function, and application.
- Providing a comprehensive overview of theLarge Blow Molded Products
- Evaluation of historical, current, and projected market sizes in terms of volume and value.
- Offering a neutral perspective on market performance.
- Essential information for market players seeking to maintain and expand their market presence.
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Key Market Segmentation
By Type (Polyethylene [PE], Polypropylene ([PP], Polycarbonate [PC], Polystyrene [PS], Polyethylene Terephthalate [PET], Polyvinyl Chloride [PVC], Nylon [PA], Acrylonitrile Butadiene Styrene [ABS], Others), Process (Extrusion Blow Molding, Injection Blow Molding, Stretch Blow Molding) End Use (Automotive, Medical, Packaging, Electronic Appliances, Industrial Bulk Containers, Plastic Drums, Storage Tanks, Others)
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