Global Blow Molded Plastics Market Forecast: $191.6 Billion By 2025

Blow molding is perhaps the most simple, fastest and efficient manufacturing process that is used to create hollow plastic parts. These are made by inflating a heated plastic tube until it fills a mold and forms the desired shape. Blow molded plastic products are produced for several markets and are quite common in our everyday lives. Water bottles, coolers, containers, trays, toys, sporting goods, travel bags are all examples of blow molded plastics used by most of us on a daily basis.

The costs of producing the molds used in blow molding are also lower than those used in injection molding They can be formed from a variety of thermoplastic materials, including the following:

• Low-Density Polyethylene (LDPE)
• High-Density Polyethylene (HDPE)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)

Plastics are quickly replacing conventional substances such as glass, wood and engineered plastics in several application segments. This is due to their lubricity, flexibility, increased strength and resistance to chemicals. This trend is anticipated to drive global molded plastic market growth. the reduced costs and light weight of plastic compounds further contribute to the rising product demand in various industrial applications, mainly in the construction and automotive sectors.

The global blow molded plastics market is expected to reach USD 191.6 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to witness significant growth owing to the ever-increasing product demand from end-use industries. In the past few years, there has been a remarkable development in technologies and equipment for manufacturing blow molded plastics. This has enabled manufacturers to cater to specific requirements for several application sectors.

Extrusion blow molded plastic is currently one of the largest and the fastest growing technology segment. The extrusion blow molding technology is a revolutionary form of blow molding process as it has revolutionized the plastic manufacturing sector. One of the main advantages of this process is that it enables manufacturers to increase the output along with the efficiency of products. Moreover, cheaper mold cost compared to other processes makes it a cost-effective technology. It is used to manufacture plastic products for several end-use industries. Hence, it is expected to be the largest technology segment in the next eight years.

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