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Blow Molded Plastics Market – Expected to Reach $191 Billion by 2025

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The “Blow Molded Plastics Market Analysis by Technology (Extrusion, Injection, Stretch, Compound), by Product (PP, ABS, PE, Polystyrene, PVC, PET), by Application and Segment Forecasts, 2014 – 2025” report has been added to Research and Markets' offering.

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025. The global blow molded plastics industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors.

The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries.

These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments owing to their lubricity, flexibility, increased strength and stiffness, and various product characteristics (flame-retardant, UV stability, availability in numerous colors, and antioxidant). This trend is anticipated to drive global market growth over the forecast period. Reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in construction and automotive sectors.

Extrusion blow molded plastics was the largest and the fastest growing technology segment in 2016. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables the manufacturers to increase output along with the efficiency of providing customized products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology. Hence, it is expected to be the largest technology segment in the next eight years as it is used to manufacture plastic products for several end-use industries.

Further key findings from the report suggest:

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Blow Molded Plastics Industry Outlook

Chapter 4. Blow Molded Plastics Market: Technology Outlook

Chapter 5. Blow Molded Plastics Market: Product Outlook

Chapter 6. Blow Molded Plastics Market: Application Outlook

Chapter 7. Blow Molded Plastics Market: Regional Outlook

Chapter 8. Competitive Landscape

Chapter 9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/xtppvf/blow_molded

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SOURCE Research and Markets

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