About Blow Molded Plastics
Blow Molding is a process in manufacturing of hollow plastic containers such as bottles and jars. Under this Process, high heat and pressure is applied on the liquid plastic which is put into a mould or cavity like structure. The plastic containers which are manufactured using this technique are usually known as blow moulded plastics in the industry. The different types of moulding technology or processes used are extrusion, injection, and injection stretch moulding among others. Polyethylene accounts for largest market share among all the plastic types. Geographically, Asia Pacific because of its large population is expected to remain as the market leader in the blow moulded plastics.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Magna International, Inc. (Canada), Rutland Plastics Ltd (United Kingdom), Dow Chemical Company (United States), Berry Global, Inc. (United States), Inpress Plastics Ltd. (United Kingdom), ALPLA-Werke Alwin Lehner GmbH & Co KG (Austria), PET All Manufacturing, Inc. (Canada), Comar, LLC (United States), Alpha Packaging Inc. (United States) and Ineos Group Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Apex Plastics (United States) and Garrtech, Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Blow Molded Plastics market by Type (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS) and Others), Application (Packaging, Automotive, Transportation, Consumer Electronics, Building & Construction and Others) and Region.
On the basis of geography, the market of Blow Molded Plastics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Blow Molded Plastics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Extrusion Blow Molding will boost the Blow Molded Plastics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Polyethylene (PE) Accounts for Largest Market Share
Market Growth Drivers:
Wide Scale Applications of Blow Molded Plastics and Plastic is Cheaper Compared to Other Alternate Materials
Challenges:
Embracing Sustainable Practices in Manufacturing of Blow Molded Plastics
Restraints:
Rising Stringent Regulations against Plastic Use
Opportunities:
High-Density Polyethylene (HDPE) Segment has High Potential to Grow, Primarily because of its Highly Recyclable Nature
Market Leaders and their expansionary development strategies
In 2020, ALPLA, an Austrian market leader in acting plastics manufacturer with specialisation in Injection technology enabled blow molding process has announced acquisition of Bopla S.A., which is a Spanish Plastic Manufacturer using injection stretch blow molding along with extrusion blow molding. Bopla S.A. is majorly in manufacturing of Packaging Plastics. The aim of this deal is to benefit and grow on Bopla S.A.’s expertise in single-stage manufacturing technologies, which will help ALPLA to exponentially increase its product portfolio.
In 2021, Alpha Packaging Inc., an American Multinational Plastic Bottle and Container Manufacturer has announced acquisition of Ireland based Boxmore Plastics Limited. Both Aplha Packaging and Boxmore Plastics are specialised in Producing HDPE products, delivered to variety of industries. The deal will enable Alpha packaging to further expand in Europe as well as enhance its HDPE capacity with the inclusion of Boxmore.
Key Target Audience
Blow Molded Plastics Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.