Drivers, Restraints, Opportunities, and Challenges in the Blow Molding Resins Market


Posted June 28, 2018 by abhijeetw1

[164 Pages Report] Blow Molding Resins Market report categorizes global market by Type (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyvinyl Terephthalate)

 
The blow molding resins market was valued at USD 35.15 Billion in 2016 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% during the forecast period. In this report, 2016 has been considered the base year and the forecast period is considered from 2017 to 2022.

The objectives of this study are:

To define, describe, and analyze the blow molding resins market on the basis of type, application, and region
To forecast and analyze the size of the blow molding resins market (in terms of volume and value) in five key regions, namely, Asia Pacific, Europe, North America, South America, and Middle East & Africa
To forecast and analyze the blow molding resins market (in terms of volume and value) at the country level in each region
To strategically analyze each submarket with respect to individual growth trends and its contribution to the blow molding resins market
To analyze opportunities in the blow molding resins market for stakeholders by identifying high-growth segments
To identify the significant market trends and factors driving or inhibiting the growth of the blow molding resins market and its submarkets
To analyze competitive developments, such as expansions, joint ventures, new products launches, and acquisitions in the blow molding resins market
To strategically profile the key players of the blow molding resins market and comprehensively analyze their growth strategies
This research study involves the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the blow molding resins market. The primary sources that have been considered mainly include several industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. After arriving at the overall market size, the total market has been split into several segments and subsegments.

https://www.marketsandmarkets.com/Market-Reports/blow-molding-resin-market-8448983.html

Among types, the polyethylene segment of the blow molding resins market is projected to grow at the highest CAGR during the forecast period from 2017 to 2022

Based on type, the blow molding resins market has been segmented into polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, and others. Among types, the polyethylene segment is expected to grow at the highest CAGR during the forecast period from 2017 to 2022. The increased use of blow molding resins in various applications can be attributed to their high stiffness and Environmental Stress Cracking Resistance (ESCR), high load melt strength, and excellent rigidity.

The packaging application segment of the blow molding resins market is projected to grow at the highest CAGR between 2017 and 2022

Based on the application, the blow molding resins market has been segmented into packaging, automotive & transportation, construction & infrastructure, and others. The packaging segment is projected to be fastest-growing application segment during the forecast period. The growth of the segment is attributed to the increasing use of blow molded products to package pharmaceutical, food & beverages, cosmetics, and industrial products, such as chemicals, acids, and lubricants.

Automotive & transportation is projected to be the second largest market for blow molding resins during the forecast period. High demand for blow molding resins to produce automobile parts, such as panes and railings, bumper supports, fenders, mudguards, door locking systems, consoles, garnish pillars, cockpit systems, and fuel tanks is expected to fuel the growth of the segment.

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Blow Molding Resins Market, by Type:
The blow molding resins market has been segmented on the basis of the type into:

Polyethylene
Polypropylene
Polyvinyl Chloride
Polyethylene Terephthalate
Others
Blow Molding Resins Market, by Application:
The blow molding resins market has been segmented on the basis of the end-use industry into:

Packaging
Automotive & Transportation
Construction & Infrastructure
Others

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Issued By MarketsandMarkets
Country United States
Categories Business , Industry , Manufacturing
Tags blow molding resins market
Last Updated June 28, 2018