Africa-Press – Gambia. NEW YORK, March 18, 2022 /PRNewswire/ — “Blow Molding Resin Market by End-user and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The market is expected to grow by USD 17.88 billion between 2021 and 2026. The market is anticipated to observe a YOY growth of 6.45% and accelerate at a CAGR of 6.73% during the forecast period.Market Dynamics
The growing demand for packaged beverages will be driving the growth of the market. Changing consumer lifestyles coupled with the rising disposable incomes have increased the demand for on-the-go beverage products. This is evident in emerging economies such as Brazil, China, India, South Africa, and Vietnam. Also, the rising consumption of bottled water is significantly contributing to the sales of packaged beverages. Beverage companies use plastic packaging solutions such as PET, polystyrene, and PP for the packaging of fluid or liquids. Thus, with the growing demand for packaged beverages, the demand for blow molding resins will increase during the forecast period.
In addition, factors such as the rising adoption of PET as a packaging solution and the increasing demand for blow molding resins from automotive & transportation will further drive the growth of the blow molding resin. However, growing global demand for pouch packaging solutions might hamper the market growth.
Company Profiles
The blow molding resin market report includes information on the product launches, sustainability, and prospects of leading vendors including AGC Chemicals Americas Inc., BASF SE, Braskem SA, Chevron Phillips Chemical Co. LLC, Dow Inc., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Haldia Petrochemicals Ltd., INEOS Group Holdings SA, LANXESS AG, LyondellBasell Industries NV, LG Chem Ltd., Reliance Industries Ltd., SABIC, Shin Etsu Chemical Co. Ltd., Solvay SA, The Chemours Co., Versalis SpA, and Westlake Chemical Corp.
Competitive Analysis
The competitive scenario provided in the blow molding resin market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation by End-user:
By end-user, the market is classified into packaging, automotive, consumer goods, building and construction, and others.
The packaging segment accounted for the maximum share in the market in 2021.
The segment is driven by the increasing demand for blow molding resin for the packaging of food and beverages, household, and personal care products.
Also, the demand for lightweight packaging solutions is contributing to the growth of the segment.
Market Segmentation by Geography:
By Geography, the market is analyzed across APAC, North America, Europe, Middle East and Africa, and South America.
APAC will have the largest share of the market. The region currently occupies 49% of the global market share.
Factors such as increasing industrial activities, growing e-commerce, the rising demand for consumer-packaged goods, and rapid urbanization are driving the growth of the blow molding resin market in APAC.
China, South Korea, and Japan are the key markets for blow molding resin in APAC.
The US, Canada, and Germany will also emerge as major markets for blow molding resin during the forecast period.
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1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user
5.3 Packaging – Market size and forecast 2021-2026
Exhibit 28: Chart on Packaging – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Packaging – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Packaging – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Packaging – Year-over-year growth 2021-2026 (%)
5.4 Automotive – Market size and forecast 2021-2026
Exhibit 32: Chart on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Automotive – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Automotive – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Automotive – Year-over-year growth 2021-2026 (%)
5.5 Consumer goods – Market size and forecast 2021-2026
Exhibit 36: Chart on Consumer goods – Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Consumer goods – Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Consumer goods – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Consumer goods – Year-over-year growth 2021-2026 (%)
5.6 Building and construction – Market size and forecast 2021-2026
Exhibit 40: Chart on Building and construction – Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Building and construction – Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Building and construction – Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Building and construction – Year-over-year growth 2021-2026 (%)
5.7 Others – Market size and forecast 2021-2026
Exhibit 44: Chart on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 45: Data Table on Others – Market size and forecast 2021-2026 ($ million)
Exhibit 46: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 47: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.8 Market opportunity by End-user
Exhibit 48: Market opportunity by End-user ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 50: Chart on Market share by geography 2021-2026 (%)
Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 52: Chart on Geographic comparison
Exhibit 53: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 North America – Market size and forecast 2021-2026
Exhibit 58: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.5 Europe – Market size and forecast 2021-2026
Exhibit 62: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 66: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 70: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 China – Market size and forecast 2021-2026
Exhibit 74: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China – Year-over-year growth 2021-2026 (%)
7.9 US – Market size and forecast 2021-2026
Exhibit 78: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US – Year-over-year growth 2021-2026 (%)
7.10 South Korea – Market size and forecast 2021-2026
Exhibit 82: Chart on South Korea – Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on South Korea – Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on South Korea – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on South Korea – Year-over-year growth 2021-2026 (%)
7.11 Germany – Market size and forecast 2021-2026
Exhibit 86: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.12 Canada – Market size and forecast 2021-2026
Exhibit 90: Chart on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on Canada – Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Canada – Year-over-year growth 2021-2026 (%)
7.13 Japan – Market size and forecast 2021-2026
Exhibit 94: Chart on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 95: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
Exhibit 96: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 97: Data Table on Japan – Year-over-year growth 2021-2026 (%)
7.14 Market opportunity by geography
Exhibit 98: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 99: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 101: Overview on factors of disruption
9.4 Industry risks
Exhibit 102: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 103: Vendors covered
10.2 Market positioning of vendors
Exhibit 104: Matrix on vendor position and classification
10.3 Chevron Phillips Chemical Co. LLC
Exhibit 105: Chevron Phillips Chemical Co. LLC – Overview
Exhibit 106: Chevron Phillips Chemical Co. LLC – Product / Service
Exhibit 107: Chevron Phillips Chemical Co. LLC – Key news
Exhibit 108: Chevron Phillips Chemical Co. LLC – Key offerings
10.4 Dow Inc.
Exhibit 109: Dow Inc. – Overview
Exhibit 110: Dow Inc. – Business segments
Exhibit 111: Dow Inc. – Key offerings
Exhibit 112: Dow Inc. – Segment focus
10.5 Eastman Chemical Co.
Exhibit 113: Eastman Chemical Co. – Overview
Exhibit 114: Eastman Chemical Co. – Business segments
Exhibit 115: Eastman Chemical Co. – Key offerings
Exhibit 116: Eastman Chemical Co. – Segment focus
10.6 Exxon Mobil Corp.
Exhibit 117: Exxon Mobil Corp. – Overview
Exhibit 118: Exxon Mobil Corp. – Business segments
Exhibit 119: Exxon Mobil Corp. – Key offerings
Exhibit 120: Exxon Mobil Corp. – Segment focus
10.7 Formosa Plastics Corp.
Exhibit 121: Formosa Plastics Corp. – Overview
Exhibit 122: Formosa Plastics Corp. – Product / Service
Exhibit 123: Formosa Plastics Corp. – Key offerings
10.8 INEOS Group Holdings SA
Exhibit 124: INEOS Group Holdings SA – Overview
Exhibit 125: INEOS Group Holdings SA – Business segments
Exhibit 126: INEOS Group Holdings SA – Key offerings
Exhibit 127: INEOS Group Holdings SA – Segment focus
10.9 LyondellBasell Industries NV
Exhibit 128: LyondellBasell Industries NV – Overview
Exhibit 129: LyondellBasell Industries NV – Business segments
Exhibit 130: LyondellBasell Industries NV – Key news
Exhibit 131: LyondellBasell Industries NV – Key offerings
Exhibit 132: LyondellBasell Industries NV – Segment focus
10.10 Reliance Industries Ltd.
Exhibit 133: Reliance Industries Ltd. – Overview
Exhibit 134: Reliance Industries Ltd. – Business segments
Exhibit 135: Reliance Industries Ltd. – Key offerings
Exhibit 136: Reliance Industries Ltd. – Segment focus
10.11 SABIC
Exhibit 137: SABIC – Overview
Exhibit 138: SABIC – Business segments
Exhibit 139: SABIC – Key offerings
Exhibit 140: SABIC – Segment focus
10.12 Solvay SA
Exhibit 141: Solvay SA – Overview
Exhibit 142: Solvay SA – Business segments
Exhibit 143: Solvay SA – Key news
Exhibit 144: Solvay SA – Key offerings
Exhibit 145: Solvay SA – Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 146: Inclusions checklist
Exhibit 147: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 148: Currency conversion rates for US$
11.4 Research methodology
Exhibit 149: Research methodology
Exhibit 150: Validation techniques employed for market sizing
Exhibit 151: Information sources
11.5 List of abbreviations
Exhibit 152: List of abbreviations
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