According to Stratistics MRC, the Global Blow Molding Resins market is accounted for $34.64 billion in 2017 and is expected to reach $75.86 billion by 2026 growing at a CAGR of 9.1%.
Gaithersburg, MD, US - June 25, 2018 /MarketersMedia/ —
Intensified demand from packaging industry, rapid technological advancements, and sustainable properties assists adopting in various applications are some of the key factors fuelling the market growth during the forecast period. In addition, raising need for light weight parts also favouring the market growth. On the other hand, volatility in crude oil prices is hampering the market growth.
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Blow molding is a procedure applied for making hollow plastic parts by using resins. The polyethylene segment leads the market globally with the highest CAGR during the forecast period. The growth of this segment is attributed to its characteristic of durability in various applications. North America is anticipated to hold lucrative market share for Blow Molding Resins, whereas Asia Pacific is projected to grow at a faster pace. Rapid industrialization, increasing demand from automotive industries and huge investments by key players in emerging countries such as China and India are the factors favoring the market growth in this region.
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Some of the key players in Blow Molding Resins market include AGC Chemicals Americas Inc., BASF SE, Chevron Corporation, DowDuPont, Eastman Chemical Company, EMS-Chemie Holding AG, Exxon Mobil, Haldia Petrochemicals Limited, INEOS Group Holdings S.A., Lotte Chemical UK Ltd, Qenos Pty Ltd, Reliance Industries Limited, Shin-Etsu Chemical Co. Ltd, Solvay, The Chemours Company, and Versalis S.P.A.
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Resins Types Covered:
• Polyvinyl Chloride
• Polyethylene Terephthalate
• Polyethylene
• Polypropylene
• Other Resin Types
Applications Covered:
• Automotive & Transportation
• Construction & Infrastructure
• Packaging
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Source: MarketersMedia
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