Blow Molded Plastic Bottles Market Report

Demand for packaged beverages and bottled water is on the rise among the consumers. This is compelling food and beverage industries to opt for Blow Molded Plastic Bottles for packaging the products owing to their lightweight, strength, flexibility, heat resistance, and low production and machinery cost. Apart from food and beverage industries, blow molded plastic bottles find usage in the automobile, pharmaceutical, and dairy industries.

Surge in the Demand across Packaging Industries to Foster Market Growth

High demand for Blow Molded Plastic Bottles across packaging industries is one of the significant reasons behind the market growth. Changing purchasing habits of consumers are likely to have a positive impact on the overall Blow Molded Plastic Bottles market growth. Surge in the demand for Bio-PET material is one of the key trends emerging in the market. Favorable government support to recycle and reuse plastic to reduce pollution is offering opportunities to the Blow Molded Plastic Bottle manufacturers.

Technological Innovations to Become Prominent among Market Players

Some of the key manufacturers operating in the Blow Molded Plastic Bottles market are Silgan Holdings, Alpha Packaging, Amcor Limited, Berry Plastics Corp., Plastipak Holdings, First American Plastic, Graham Packaging Co., Milacron, Sidel, Sonoco, HTI Plastics, APEX Plastics, and Streamline Plastic.

Manufacturers are anticipated to come up with novel technologies with an aim to cater to the growing demand of the end-use industries. Other strategic movements common among the players are extensive R&D, mergers and acquisition, product differentiation, and novel product development.

Market Segmentation                                                                       

By Polymer Type

● Polyethylene

● Polyethylene terephthalate

● Polyvinyl chloride

● Polyethylene naphthalate

● Polypropylene

● High and low density polycarbonate

● Polysulfone

● Butadiene-styrene

By Molding Type

● Injection blow molding

● Extrusion blow molding

● Stretch blow molding

By Application

● Beverage

● Dairy

● Pharmaceutical

● Automobile

Although Polyethylene (PE) is commonly used, demand for Polyethylene terephthalate (PET) is likely to increase over the forecast period on the back of its properties and this material is suitable for thermal insulation and flexible food packaging. Extrusion blow molding is the most commonly used molding method owing to its high volume output and low machinery costs. Application of Blow Molded Plastic Bottles may witness an upsurge in the beverage industry. This is attributed to ever-increasing demand for bottled beverages among consumers.

By Region

Strong manufacturing base likely to offer growth opportunities for the APAC market. China and India are the key countries significantly contributing to the market growth. North America is also anticipated to show considerable growth owing to high demand for Blow Molded Plastic Bottles from electronics manufacturing, medical, and automobile industries in the US.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.