According to the report by Expert Market Research (EMR), the Global Blow Moulded Plastics Market Size is projected to grow at a CAGR of 3.50% between 2023 and 2028. Aided by the rising demand for cost-effective, flexible packaging solutions and the extensive applications of blow moulded plastics in various industries, the market is expected to grow significantly by 2028.
Blow moulded plastics are produced using blow moulding, a process that inflates a hot, hollow, thermoplastic preform or parison inside a closed mould, enabling it to take the shape of the mould. The resultant product is lightweight, strong, and resilient, which makes it a preferred material in the packaging, automotive, and construction industries, among others.
The accelerating consumer preference for convenient and sustainable packaging is fuelling the global blow moulded plastics market growth. The proliferation of e-commerce and fast-moving consumer goods (FMCG) industries has led to an increased demand for efficient, durable, and cost-effective packaging solutions. This shift has resulted in a surge in demand for blow moulded plastic products. Furthermore, the growing trend of lightweight and fuel-efficient vehicles has also amplified the application of blow moulded plastics in the automotive industry, contributing to its increasing popularity.
The diversified applications of blow moulded plastics across various sectors significantly drives the blow moulded plastics market demand. In the construction industry, blow moulded plastics are utilised due to their excellent durability and resistance to environmental factors, making them suitable for the production of components like pipes and conduits. The medical sector uses blow moulded plastics in manufacturing containers for liquid solutions, prosthetics, and components for medical devices, owing to their sterility and resistance to contamination, thereby aiding the blow moulded plastics market growth.
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Further, the burgeoning demand for recyclable materials in numerous industries has increased focus on blow moulded plastics as a potential solution. Given the growing concerns over environmental pollution and the escalating need for sustainable practices, blow moulded plastics, particularly those derived from recyclable polymers, have emerged as a crucial material in promoting circular economies. This development, coupled with advancements in blow moulding technologies, is expected to further boost the blow moulded plastics market expansion.
The market can be divided based on resin, moulding technology, application, and region.
Market Breakup by Resin
- Polypropylene (PP)
- Acrylonitrile Butadiene Styrene (ABS)
- Polyethylene (PE)
- Polystyrene (PS)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
Market Breakup by Moulding Technology
- Extrusion Blow Moulding
- Injection Blow Moulding
- Stretch Blow Moulding
- Compound Blow Moulding
Market Breakup by Application
- Consumables and Electronics
- Automotive and Transport
- Building and Construction
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global blow moulded plastics companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- North American Plastics, Ltd
- Apex Plastics (PCE Inc.)
- Comar, LLC
- Agri-Industrial Plastics Company
- Creative Blow Mold Tooling
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