The global blow molding resins market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the increasing demand for blow molding resins in packaging applications of food & beverages, chemicals, pharmaceutical, and personal care industries.
The Important Elements of the Global Blow Molding Resins Market
The growing use of blow molding resins in the manufacturing of lightweight vehicles due to their enhanced flexibility, durability, and superior quality of scratch & chemical resistance is expected to fuel the growth of global blow molding resins in the coming years. Additionally, changing consumer preferences and the rising e-commerce sector, owing to the rising personal disposable income of the population are fueling the market growth.
However, fluctuating prices of crude oil and high maintenance costs associated with blow molding resins are some of the factors that could restrict market growth. Moreover, rising demand for ready-to-eat processed foods and growing consumption of cosmetics and personal care products are some of the factors expected to drive the growth of the blow molding resins market.
The global blow molding resins market is segmented on type, application, and region. Based on type, the market is divided into polyethylene, polyvinyl chloride, polypropylene, polyethylene terephthalate, and others. The polyethylene segment is expected to register the highest growth, owing to its excellent properties such as high stiffness, high load melt strength, and excellent rigidity. Based on application, the market is categorized into automotive & transportation, packaging, construction & infrastructure, and others.
The packaging segment of the market is projected to grow at the highest CAGR during the forecast period. The APAC region dominated the market in 2021 and is expected to maintain its dominance over the next five years as well owing to increasing demand for blow molding resins from applications, such as packaging, automotive & transportation.
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Some of the leading players in the global blow molding resins market
- LyondellBasell Industries Holdings B.V.
- Exxon Mobil
- Sabic
- Dowdupont
- China Petroleum Corporation
- Eastman Chemical Company
- Formosa Plastics Group (FPG)
- Qenos Pty Ltd
- Ineos Group Holdings S.A.
- Solvay, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type
· By Application |
| Region scope | Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | Lyondellbasell Industries Holdings B.V., Exxon Mobil, Sabic, Dowdupont, China Petroleum Corporation, Eastman Chemical Company, Formosa Plastics Group (FPG), Qenos Pty Ltd, Ineos Group Holdings S.A., Solvay |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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Report Scope:
In this report, the global blow molding resins market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Blow Molding Resins Market, By Type:
- Polyethylene
- Polyvinyl Chloride
- Polypropylene
- Polyethylene Terephthalate
- Others
- Blow Molding Resins Market, By Application:
- Automotive & Transportation
- Packaging
- Construction & Infrastructure
- Others
- Blow Molding Resins Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global blow molding resins market
