Global Blow Molding Resin Market 2022-2026

Global Blow Molding Resin Market 2022-2026

Technavio has been monitoring the blow molding resin market and it is poised to grow by $ 17.88 bn during 2022-2026, progressing at a CAGR of 6.73% during the forecast period. Our report on the blow molding resin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for packaged beverages, rising adoption of PET as a packaging solution, and increasing demand for blow molding resins from automotive & transportation.

The blow molding resin market analysis includes the end-user segment and geographic landscape.

Technavio's blow molding resin market is segmented as below:

By End-user

• packaging
• automotive
• consumer goods
• building and construction
• others

By Geographical Landscape

• APAC
• North America
• Europe
• The Middle East and Africa
• South America

This study identifies the rising popularity of automation in molding techniques as one of the prime reasons driving the blow molding resin market growth during the next few years. Also, increased demand for blow molding resins in pharmaceutical packaging applications, and rising disposable income among people will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the blow molding resin market covers the following areas:

• Blow molding resin market sizing
• Blow molding resin market forecast
• Blow molding resin market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blow molding resin market vendors that include AGC Chemicals Americas Inc., BASF SE, Braskem SA, Chevron Phillips Chemical Co. LLC, Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Haldia Petrochemicals Ltd., INEOS Group Holdings SA, LANXESS AG, LyondellBasell Industries NV, LG Chem Ltd., Reliance Industries Ltd., SABIC, Shin Etsu Chemical Co. Ltd., Solvay SA, The Chemours Co., Versalis SpA, and Westlake Chemical Corp. Also, the blow molding resin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

AGC Chemicals Americas Inc., BASF SE, Braskem SA, Chevron Phillips Chemical Co. LLC, Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Haldia Petrochemicals Ltd., INEOS Group Holdings SA, LANXESS AG, LyondellBasell Industries NV, LG Chem Ltd., Reliance Industries Ltd., SABIC, Shin Etsu Chemical Co. Ltd., Solvay SA, The Chemours Co., Versalis SpA, Westlake Chemical Corp.