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Increased usage of face masks, protective gowns, and packaging bottles for hand sanitizers are expected to drive innovation in blow-molded plastics manufacturing, thus driving the market during the forecast period.

The global blow-molded plastics market is expected to grow from $89.39 billion in 2022 to $92.93 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The blow-molded plastics market size is expected to grow to $108.75 billion in 2027 at a CAGR of 4.0%.

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Global Blow-Molded Plastics Market Segments Include:

• By Type: Polypropylene, Acrylonitrile Butadiene Styrene (ABS), Polyethylene, Polystyrene, PVC, PET, and Other Types
• By Technology: Extrusion, Injection, Stretch
• By Applications: Packaging, Consumables and Electronics, Automotive and Transport, Building and Construction, Medical, and Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global blow-molded plastics market in 2021.

Major Market Players in the blow-molded plastics market include LyondellBasell Industries Holdings B.V., Berry Global Inc., Pet All Manufacturing Inc., Inpress Plastics Ltd., The Dow Chemical Company, Comar LLC.

Increased efforts in product R&D are a key trend gaining popularity in the blow-molded plastics market. Companies are investing in R&D to produce new industrial plastics to keep up with market competitiveness and meet evolving end-user demands. For instance, in 2020, Comar, a US-based manufacturer and designer of innovative plastic solutions, announced the establishment of a customs facility in Rancho Cucamonga, US. The new 230,000-square-foot facility will be Current Good Manufacturing Practice (cGMP)-compliant, ISO 13485-certified, and FDA-registered, with dedicated injection blow molding, injection stretch blow molding, and injection molding cells. The new facility will include a full-service mold prototyping lab as well as a specialized mold sample and development machine, allowing customers to quickly move from concept through design, prototype, and full production.

The Blow-Molded Plastics Global Market Report 2023  provides a blow-molded plastics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The blow-molded plastics market forecast analyzes blow-molded plastics market size, blow-molded plastics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Blow molding is a plastic forming technique used to make hollow plastic products out of thermoplastic materials. Blow molding is also a quick manufacturing solution and offers versatile products; hence, it is appealing to many industries, such as food suppliers, medical and pharmaceutical companies, and others, due to the wide range of customizable bottles, containers, and other products.

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