Chemical Planet

The Global Blow Molded Plastics Industry is expected to witness significant growth over the forecast period owing to increasing product demand from end-use industries. The Global Blow Molded Plastics Market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc.   In the past few years, there has been a significant growth in technologies and equipment for manufacturing blow molded plastics, which has enabled manufacturers to cater to specific requirements for several application sectors. The industry has experienced solid development over the past years. However, several structural issues continue to plague the industry participants present in the entire value chain. Machinery manufacturers also compete heavily with price flections in, as is the case in most other machinery manufacturing industries. These types of plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several applicat

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. 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 fo