Blow Molding Resins Market 2019 - Trends Forecast Analysis by Manufacturers, Regions, Type and Application to 2023

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Blow Molding Resins Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Blow Molding Resins Market Research Report-
Forecast to 2023
Blow Molding Resins Market - Overview
The Global Blow Molding Resins Market is eyeing
for a strong growth at a prodigious CAGR over the
predicted years (2018-2023). Blow Molding is
utilized in the blow molding process. It is a
process to form hollow products via expanding the
parts made of plastic against the molds internal
surface with the use of resins. Thus, the
products that are developed have abrasion,
scratch and chemical resistance and high gloss.
Besides the products that are blow molded exhibit
rigidity, high load melt strength, resistance to
environmental stress cracking and stiffness.
These alluring properties will improve the
utilization of resin for the blow molding
applications. This process is largely employed in
the construction, automotive and packaging
industry. It is used in the production of
containers, cans and bottles which are utilized
in chemical industries, personal care, food and
beverages and pharmaceutical industries. There
are many factors that is driving the growth of
the Blow Molding Resins Market. Some of these
factors as per the Market Research Future (MRFR)
report include growth in packaging industry,
demand for vehicles that are lightweight, rapid
industrialization and increasing use in personal
care products and cosmetics and bottling and food
packaging industry. On the other hand, factors
such as volatility in raw material and crude oil
prices coupled with rising concerns for pollution
concerning disposal of such products may restrict
the growth of the Blow Molding Resins Market over
the predicted years.
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Blow Molding Resins Market Research Report-
Forecast to 2023
Segmental Analysis
The Global Blow Molding Resins Market is
segmented on the basis of the Molding Process,
Type, End-Use Industry and Region. On the Basis
of the Molding Process, the Global Blow Molding
Resins Market is segmented into extrusion,
injection blow molding, and injection stretch
blow molding. Based on the Type, the market is
segmented into polyethylene, polypropylene,
polyethylene terephthalate, acrylonitrile
butadiene styrene, polyvinyl chloride, nylon/
polyamides, polycarbonate, and others. On the
Basis of the End-Use Industry, the market is
segmented into packaging, automotive, consumer
goods, building construction, electronics, and
others. View Full Press Release _at_
https//www.marketresearchfuture.com/reports/blow-
molding-resins-market-6127
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Blow Molding Resins Market Research Report-
Forecast to 2023
Regional Outlook
Geographically, the Global Blow Molding Resins
Market is segmented into five regions namely Asia
Pacific, North America, Europe, Latin America,
and the Middle East Africa. Asia Pacific
accounted for major market share in 2017 owing to
the growing demand for Blow Molding Resins from
end-use industries such as packaging, automotive,
consumer goods, building construction, and
others. The changing lifestyle trend coupled with
the high disposable income is expected to fuel
the demand for processed food, which, in turn,
may boost the demand for Blow Molding Resins.
Also, the increasing demand for cosmetics
personal care products and hygienic products is
likely to augment the market growth due to the
increasing health awareness. Furthermore, the
high demand for lightweight and efficient
automotive owing to the environmental protection
regulations such as Bharat Stage Environment
Standards (BSES) and Chinese State Environment
Protection (SEPA) is likely to fuel the market
growth. Japan, China, and India are the major
contributors with high production and sales of
automotive. Rapid urbanization and
industrialization in the region are driving the
construction sector, which, in turn, propels the
product demand. The electronics industry in
Japan, China, and India is another factor
propelling the market growth. The use of mobiles,
television, gaming devices, laptops, and others
along with initiatives such as Digital India is
likely to fuel the product demand in the
electronics industry. According to the National
Investment Promotion and Facilitation Agency, the
Indian electronics market is nearly 75 imports
driven, and the government has envisioned a
target of Net Zero Imports by 2020, which is
expected to boost the Blow Molding Resins demand
in the manufacturing of electronics.
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Blow Molding Resins Market Research Report-
Forecast to 2023
Major Players in this Research

• Blow Molding Resins Market Prominent Players
• BASF SE (Germany)
• Eastman Chemical Company (U.S.)
• LyondellBasell Industries Holdings B.V.
  (Netherlands)
• DowDuPont (U.S.)
• SABIC (Saudi Arabia)
• Solvay (Belgium)
• INEOS (Switzerland)
• Formosa Plastics Group (Taiwan)
• Chevron Corporation (U.S.)
• Versalis S.p.A. (Italy),
• Reliance Industries Limited (India)
• LG Chem (South Korea)

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