Global Blow Molding Resins Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026 at a CAGR of XX %.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
High demand for blow molded products in various applications, such as pharmaceutical, food & beverages, chemical, and personal care is anticipated to drive demand for blow molding resins. Demand for blow molded products in the Automotive & Transportation industry for manufacturing of light-weight vehicles which in turn, is expected to drive the blow molding resins market. Volatility in raw material prices hampers the growth of the blow molding resins market.
Polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride and others are type segments of blow molding resin market. Polyethylene segment is leading in blow molding resin market followed by PET. Polyethylene is widely used for packaging purpose. Excellent properties offer by the polyethylene such as high stiffness, high load melt strength and excellent rigidity drive the segment growth.
Automotive & Transportation & transportation, construction & infrastructure, packaging and others are end user segments of blow molding resin market. Packaging segment leads the market attributed to applications such as bottles, containers and cans are widely use in the food & beverages, chemical, pharmaceutical and personal care end-use industries.
Geographically, the blow molding resins market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific is dominating the market owed to demand for blow molding resins for applications, such as packaging, Automotive & Transportation & transportation, chemical and pharmaceuticals from economies, such as China, India and Japan.
Scope of the Global Blow Molding Resins Market:
Global Blow Molding Resins Market, By Type:
• Polyethylene
• Polypropylene
• Polyethylene Terephthalate
• Polyvinyl Chloride
• Others
Global Blow Molding Resins Market, By Application:
• Automotive & Transportation & Transportation
• Construction & Infrastructure
• Packaging
• Others
Global Blow Molding Resins Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players analysed in Global Blow Molding Resins Market:
• Exxon Mobil
• Dowdupont
• Lyondellbasell Industries Holdings B.V.
• Sabic
• China Petroleum Corporation
• Ineos Group Holdings S.A.
• Solvay
• Formosa Plastics Group (FPG)
• Eastman Chemical Company
• Chevron Corporation
• Lanxess
• Qenos Pty Ltd.
• Reliance Industries Limited
• Eastman Chemical Company
• BASF SE
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