PUBLISHER: Lucintel | PRODUCT CODE: 1417384
PUBLISHER: Lucintel | PRODUCT CODE: 1417384
Blow Molding Resin Trends and Forecast
The future of the global blow molding resin market looks promising with opportunities in the packaging, automotive & transportation, and construction & infrastructure markets. The global blow molding resin market is expected to grow with a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are elevated need for blow molding resins in the packaging sector, expanding market for processed foods that are ready to eat and evolving lifestyle, and the demand for blow molding resins driven by automotive lightweighting.
A more than 150-page report is developed to help in your business decisions.
Blow Molding Resin by Segment
The study includes a forecast for the global blow molding resin by type, application, and region.
List of Blow Molding Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies blow molding resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the blow molding resin companies profiled in this report include-
Blow Molding Resin Market Insights
Lucintel forecasts that polyethylene is expected to witness highest growth over the forecast period due to its outstanding characteristics, including exceptional stiffness, resistance to environmental stress cracking, high melt strength under heavy loads, and superb rigidity.
Within this market, packaging will remain the highest segment due to food & beverages, pharmaceutical, chemical, and personal care sectors are significant users of blow-molded products for packaging purposes.
APAC is expected to witness largest growth over the forecast period due to prevalence of diverse applications for blow molding resins in the region.
Features of the Global Blow Molding Resin Market
Market Size Estimates: Blow molding resin market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Blow molding resin market size by type, application, and region in terms of value ($B).
Regional Analysis: Blow molding resin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the blow molding resin market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the blow molding resin market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for blow molding resin market?
Answer: The global blow molding resin market is expected to grow with a CAGR of 7.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the blow molding resin market?
Answer: The major drivers for this market are elevated need for blow molding resins in the packaging sector, expanding market for processed foods that are ready to eat and evolving lifestyle, and the demand for blow molding resins driven by automotive lightweighting.
Q3. What are the major segments for blow molding resin market?
Answer: The future of the blow molding resin market looks promising with opportunities in the packaging, automotive & transportation, construction & infrastructure markets.
Q4. Who are the key blow molding resin market companies?
Answer: Some of the key blow molding resin companies are as follows.
Q5. Which blow molding resin market segment will be the largest in future?
Answer: Lucintel forecasts that polyethylene is expected to witness highest growth over the forecast period due to its outstanding characteristics, including exceptional stiffness, resistance to environmental stress cracking, high melt strength under heavy loads, and superb rigidity.
Q6. In blow molding resin market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness largest growth over the forecast period due to prevalence of diverse applications for blow molding resins in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.