Blow molding is a revolutionary form of technology capable of producing various types of plastic products. It offers multiple methods of production such as extrusion blow molding. Primary raw materials used in the production of blow molded plastics include polypropylene (PP), acrylonitrile butadiene styrene, polyethylene (PE), polystyrene (PS), polyvinyl chloride (PVC), and polyethylene terephthalate (PET).
The North America blow molded plastic market size is projected to reach USD 5.09 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.3% CAGR during the forecast period.
The North America blow molded plastic market size is projected to reach USD 5.09 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 4.3% CAGR during the forecast period.
Blow molded plastics are rapidly replacing conventional materials such as wood, glass, and engineered plastics in various applications due to their flexibility, lubricity, and better strength and stiffness These plastics are also flame-retardant and have excellent UV stability and antioxidant properties).
These factors are anticipated to drive the market growth over the forecast period. Increasing demand from the packaging and automobile industry is expected to be the major factor driving the product demand over the forecast period. Demand for these products was the highest in U.S. due to presence of several end-use companies in the region.
Canada also plays a significant role in the growth of plastic manufacturing industry in North America. In Mexico, the plastic manufacturing sector is in a developing stage. However, steadily increasing demand from domestic end-use industries and expanding export activities have helped increase productivity.
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These developments in Mexico and Canada along with their initiatives to attract Foreign Direct Investments (FDIs) for the manufacturing sectors are expected to add to their local plastic production.
Market Segmentation of North America Blow Molded Plastics Market:
The North America Blow Molded Plastics Market segmented on the basis of Technology, Product, Application, and Region.
By Technology:
Extrusion
Injection
Stretch
Compound
By Product:
Polypropylene (PP)
Acrylonitrile butadiene styrene (ABS)
Polyethylene (PE)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
By Application:
Packaging
Consumables & Electronics
Automotive & Transport (Automotive blow molded air ducts and Automotive blow molded turbo ducts)
Building & Construction
Medical
By Region:
North America
U.S.
Canada
Mexico
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