The global blow-molded plastics market was valued at $72.6 billion in 2022 and is projected to reach $108.5 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032.
Blow molding is a molding process used in the manufacturing industry to create hollow objects made of plastic. Like other molding processes, it involves the use of heated, liquid material that’s forced into a mold cavity under pressure. Blow molding is a special type of molding process, however, that leverages the properties of traditional glassblowing.
There are several different types of blow molding, one of which is extrusion. Known as extrusion blow molding (EBM), it is a common molding process used in the manufacturing industry because of its ability to mass-produce a large volume of objects in the same size and shape. Another common type of blow molding process is injection blow molding. Using either one or two stages, injection blow molding is typically used to create plastic bottles. It’s specifically effective for creating preforms of plastic bottles, which are then either sold to bottling companies or used to manufacture a bottle.
There are many advantages to the blow molding process over other forms of plastic product manufacturing. Blow molding is a cost-effective alternative to injection molding, with both production and machinery being cheaper typically. Blow molding works well for products that are one single piece. It can produce objects that do not require assembly or the connecting of halves. Therefore, it is particularly effective for containers that require exterior threading. Blow molding also reduces flash. Flash is the little burs or plastic bleed around the edges of the products. This excess plastic from the production process requires extra finishing work to sand off or remove it before a part can be shipped. Blow molding techniques create a little-to-no flash, resulting in quicker turnaround times for blow-molded products.
Blow-molded plastics find applications in various industrial sectors, such as construction, agriculture, and chemical processing. They are used for manufacturing tanks, containers, drums, pipes, and other industrial equipment. The demand for blow-molded plastics in these sectors is driven by factors like durability, chemical resistance, and cost-effectiveness.
The availability of alternative materials, such as biodegradable plastics, paper-based packaging, and reusable containers, can pose a challenge to the demand for blow-molded plastics. As consumers and industries seek more sustainable options, these alternatives may gain popularity, reducing the demand for traditional blow-molded plastics.
Developing economies and emerging markets present opportunities for blow-molded plastics. As these regions experience industrialization, urbanization, and rising consumer demand, there is a growing need for packaging, consumer goods, and infrastructure. Manufacturers that can establish a presence in these markets and offer cost-effective blow-molded plastic solutions have the potential to capture new customers and expand their market share.
The report highlights numerous factors that influence the growth of the global blow-molded plastics market. This report further outlines the current trends and key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key market players to increase their market share and sustain the intense competition in the industry.
The global blow-molded plastics market is segmented into types, materials, end-use industry, and regions. On the basis of type, the market is classified into injection blow molding, extrusion blow molding, and others. By materials, the market is segmented into polyethylene, polyethylene terephthalate (PET), polypropylene (PP), polyamide (PA), polycarbonate (PC), polyvinylchloride (PVC), and others. As per the end-use industry, it is categorized into medical, packaging, building & construction, automotive & transportation, electrical & electronics, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global blow molded plastics market include Dow, Inpress, Plastic Forming Company, Inc., Garrtech Inc., Creative Blow Mold Tooling, Custom-Pak, Inc., APEX Plastics, Gemini Group, Comar, and DuPont.
Blow molding is a molding process used in the manufacturing industry to create hollow objects made of plastic. Like other molding processes, it involves the use of heated, liquid material that’s forced into a mold cavity under pressure. Blow molding is a special type of molding process, however, that leverages the properties of traditional glassblowing.
There are several different types of blow molding, one of which is extrusion. Known as extrusion blow molding (EBM), it is a common molding process used in the manufacturing industry because of its ability to mass-produce a large volume of objects in the same size and shape. Another common type of blow molding process is injection blow molding. Using either one or two stages, injection blow molding is typically used to create plastic bottles. It’s specifically effective for creating preforms of plastic bottles, which are then either sold to bottling companies or used to manufacture a bottle.
There are many advantages to the blow molding process over other forms of plastic product manufacturing. Blow molding is a cost-effective alternative to injection molding, with both production and machinery being cheaper typically. Blow molding works well for products that are one single piece. It can produce objects that do not require assembly or the connecting of halves. Therefore, it is particularly effective for containers that require exterior threading. Blow molding also reduces flash. Flash is the little burs or plastic bleed around the edges of the products. This excess plastic from the production process requires extra finishing work to sand off or remove it before a part can be shipped. Blow molding techniques create a little-to-no flash, resulting in quicker turnaround times for blow-molded products.
Blow-molded plastics find applications in various industrial sectors, such as construction, agriculture, and chemical processing. They are used for manufacturing tanks, containers, drums, pipes, and other industrial equipment. The demand for blow-molded plastics in these sectors is driven by factors like durability, chemical resistance, and cost-effectiveness.
The availability of alternative materials, such as biodegradable plastics, paper-based packaging, and reusable containers, can pose a challenge to the demand for blow-molded plastics. As consumers and industries seek more sustainable options, these alternatives may gain popularity, reducing the demand for traditional blow-molded plastics.
Developing economies and emerging markets present opportunities for blow-molded plastics. As these regions experience industrialization, urbanization, and rising consumer demand, there is a growing need for packaging, consumer goods, and infrastructure. Manufacturers that can establish a presence in these markets and offer cost-effective blow-molded plastic solutions have the potential to capture new customers and expand their market share.
The report highlights numerous factors that influence the growth of the global blow-molded plastics market. This report further outlines the current trends and key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key market players to increase their market share and sustain the intense competition in the industry.
The global blow-molded plastics market is segmented into types, materials, end-use industry, and regions. On the basis of type, the market is classified into injection blow molding, extrusion blow molding, and others. By materials, the market is segmented into polyethylene, polyethylene terephthalate (PET), polypropylene (PP), polyamide (PA), polycarbonate (PC), polyvinylchloride (PVC), and others. As per the end-use industry, it is categorized into medical, packaging, building & construction, automotive & transportation, electrical & electronics, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global blow molded plastics market include Dow, Inpress, Plastic Forming Company, Inc., Garrtech Inc., Creative Blow Mold Tooling, Custom-Pak, Inc., APEX Plastics, Gemini Group, Comar, and DuPont.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the blow molded plastics market analysis from 2022 to 2032 to identify the prevailing blow molded plastics market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the blow molded plastics market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global blow molded plastics market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Type
- Injection Blow Molding
- Extrusion Blow Molding
- Others
By Material
- Polyethylene
- Polyethylene Terephthalate
- Polypropylene
- Polyamide
- Polycarbonate
- Polyvinyl chloride
- Others
By End-use industry
- Medical
- Packaging
- Building and Construction
- Automotive and transportation
- Electrical and electronics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Garrtech Inc.
- Custom-Pak, Inc.
- Apex Plastics
- Plastic Forming Company, Inc.
- Inpress
- Creative Blow Mold Tooling
- Comar
- Gemini Group, Inc.
- Dow
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: BLOW MOLDED PLASTICS MARKET, BY TYPE
CHAPTER 5: BLOW MOLDED PLASTICS MARKET, BY MATERIAL
CHAPTER 6: BLOW MOLDED PLASTICS MARKET, BY END-USE INDUSTRY
CHAPTER 7: BLOW MOLDED PLASTICS MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the blow molded plastics market was valued at $72.6 billion in 2022, and is estimated to reach $108.5 billion by 2032, growing at a CAGR of 4.2% from 2023 to 2032.Blow molding is a molding process used in the manufacturing industry to create hollow objects made of plastic. Like other molding processes, it involves the use of heated, liquid material that’s forced into a mold cavity under pressure. Blow molding is a special type of molding process, however, that leverages the properties of traditional glassblowing. There are several different types of blow molding, one of which is extrusion. Known as extrusion blow molding (EBM), it is a common molding process used in the manufacturing industry because of its ability to mass-produce a large volume of objects in the same size and shape. Another common type of blow molding process is injection blow molding. Using either one or two stages, injection blow molding is typically used to create plastic bottles. It’s specifically effective for creating preforms of plastic bottles, which are then either sold to bottling companies or used to manufacture a bottle.
Blow-molded plastics offer convenience and functionality in packaging applications. They can be molded into various shapes and sizes, allowing for custom designs that meet specific packaging requirements. Additionally, blow-molded plastic containers are lightweight, durable, and resistant to impact, making them ideal for protecting and preserving a wide range of products. Blow-molded plastics are versatile and can be used for packaging a wide range of products, including beverages, food items, personal care products, household chemicals, and more. They can be manufactured in different forms, such as bottles, jars, canisters, and closures, to cater to diverse packaging needs across industries. These factors are expected to boost the demand for blow-molded plastics.
Additionally, the lightweight nature of blow-molded plastic components contributes to fuel savings throughout the vehicle's lifespan. Blow-molded plastics can be engineered to provide enhanced safety features in automotive applications. They offer excellent impact resistance and energy absorption capabilities, contributing to improved crashworthiness. Components such as bumpers, door panels, and instrument panels manufactured with blow-molded plastics can help enhance occupant safety during a collision. The automotive industry is increasingly focusing on sustainability and reducing its environmental footprint. Blow-molded plastics offer recyclability and the potential for incorporating recycled materials, contributing to the circular economy. Additionally, the lightweight nature of blow-molded plastic components helps reduce vehicle emissions, contributing to overall environmental sustainability.
Increasing environmental awareness and regulations regarding plastic waste and pollution can restrain the growth of the blow-molded plastics market. Plastic waste has become a global concern, leading to increased scrutiny and calls for more sustainable alternatives. Industry must address these concerns by focusing on recycling initiatives, developing biodegradable materials, and promoting the circular economy to mitigate the negative environmental impact of blow-molded plastics. Blow-molded plastics contribute to the global plastic waste problem. As single-use or short-lived products, they often end up as waste after a single use or a limited lifespan. Improper disposal and inadequate recycling infrastructure lead to the accumulation of plastic waste in landfills, water bodies, and natural environments. While blow-molded plastics are technically recyclable, their recycling rates are often low due to various factors. Challenges include sorting complexities, contamination issues, lack of recycling infrastructure, and limited markets for recycled plastic products. These factors hinder the effective recycling and utilization of blow-molded plastics, contributing to their environmental impact.
Blow-molded plastics are used in medical packaging to ensure the safety and integrity of medical devices, pharmaceuticals, and sterile supplies. They can provide tamper-evident features, sealability, and barrier properties to protect products from contamination. Additionally, blow-molded plastic packaging can be designed with user-friendly features, such as easy-open closures and dosage indicators, enhancing patient convenience and adherence to treatment regimens. Advancements in blow molding technology have further expanded the possibilities for medical and healthcare applications. For example, advancements in multi-layer blow molding have enabled the production of containers with enhanced barrier properties, preserving the quality and shelf life of sensitive pharmaceuticals and medical supplies.
The global blow molded plastics market is segmented into types, material, end-use industry, and region. On the basis of type, the market is classified into injection blow molding, extrusion blow molding, and others. By materials, the market is segmented into polyethylene, polyethylene terephthalate (PET), polypropylene (PP), polyamide (PA), polycarbonate (PC), polyvinylchloride (PVC), and others. As per end-use industry, it is categorized into medical, packaging, building & construction, automotive & transportation, electrical & electronics, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global blow molded plastics market include Dow, Inpress, Plastic Forming Company, Inc., Garrtech Inc., Creative Blow Mold Tooling, Custom-Pak, Inc., APEX Plastics, Gemini Group, Comar, and DuPont.
Key Findings of the Study
:On the basis of type, the injection blow molding segment is expected to grow at a CAGR of 4.1%, in terms of revenue, during the forecast period.On the basis of materials, the polypropylene segment is projected to grow at a CAGR of 4.4% during the forecast period.
On the basis of end-use industry, the packaging industry is expected to grow at a CAGR of 4.2%, in terms of revenue, during the forecast period.
On the basis of region, Asia-Pacific garnered a share of more than two-fifth in 2022 in terms of revenue.
Companies Mentioned
- Garrtech Inc.
- Custom-Pak, Inc.
- Apex Plastics
- Plastic Forming Company, Inc.
- Inpress
- Creative Blow Mold Tooling
- Comar
- Gemini Group, Inc.
- Dow
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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