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(EstateNewsWire.com, October 10, 2018 ) Global Blow Molding Resins Market Analysis
According to Verified Market Intelligence, The Global BLOW MOLDING RESINS Market was valued at USD 37.02 billion in 2017 and is projected to reach USD 63.91 billion by 2025, growing at a CAGR of 7.1% from 2018 to 2025.
What Is Blow Molding Resins?
Blow Molding Resin is the substrates used in the blow molding process. Blow molding is a manufacturing process that is used for making a molten tube by using the thermoplastic material as a substrate. This process involves placing the preform within a mold cavity and inflating the tube using compressed air in order to give shape to the cavity. After inflating, the part is left for cooling and then it is removed from a mold. Different type of resins is used in this molding process such as polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride and many more. Blow molding resins are used in making various products such as industrial bulk containers, medical supplies, and parts, toys, appliance components, household items, lawn & garden items, automotive components etc. Growing packaging industry contribute in the growth of Blow molding resin market.
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Global Blow Molding Resins Market Outlook
Growing demand for blow molding resins in the packaging industry and light-weighting automotive components made up of blow molding resins have been the growth of the global blow molding resins market. On the other hand, fluctuating crude oil prices might hinder the overall growth at a global level.
Global Blow Molding Resins Market Competitive Landscape
The “Global Blow Molding Resins Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as DowDuPont, Eastman, Exxon Mobil Corporation, Solvay, Chevron Corporation, Reliance Industries Limited, LyondellBasell Industries Holdings B.V., SABIC, INEOS, Formosa Plastics Corporation, and China National Petroleum Corporation. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Blow Molding Resins Market Segmentation, by Type
Polyethylene
Polyethylene Terephthalate
Polypropylene
Polyvinyl Chloride
Others
Global Blow Molding Resins Market Segmentation, by Application
Packaging
Construction & Infrastructure
Automotive & Transportation
Others
Global Blow Molding Resins Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.
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Verified Market Research
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Verified Market Research
Amaan Kazi
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amaankazi@verifiedmarketresearch.com
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