According to a new market research report published by sheer analytics and insights, “The Blow Molded Plastic Market was $23.1 Bn in 2020, and it is expected to reach $35.6 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 3.8% between 2021-2031”, as per the latest market research report titled, Blow Molded Plastic Market- Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.
Increased demands from the key application markets which include packaging, construction, automotive will help to accelerate the growth of this market during the forecasted period. But the current COVID-19 pandemic there has been an increased demand for different pharmaceutical products, sanitizers, and disinfectants. This in turn is helping the market to grow during the forecasted period.
The primary key players in Blow Molded Plastic Market include Magna International, Inc., LyondellBasell Industries Holdings B.V., International Automotive Components (IAC) Group, INEOS Group, HTI Plastics, Gemini Group, Inc., Garrtech, Inc., Dow Inc., Custom-Pak, Creative Blow Mold Tooling, Comar, LLC, Berry Global, Inc., APEX Plastics, ALPLA-Werke Alwin Lehner GmbH & Co KG, Agri-Industrial Plastics.
The Global Blow Molded Plastic Market Has Been Segmented Into:
Global Blow Molded Plastic Market, By Technology
Global Blow Molded Plastic Market, By Product
Global Blow Molded Plastic Market, By Application
Global Blow Molded Plastic Market, By Region