Plastic is first melted and then extruded into a hollow tube in Extrusion Blow Moulding (EBM) (a parison). By closing this parison into a cooled metal mold, it is then captured. Air is then blown into the parison, inflated into the form of the bottle, jar, or section of the hollow. After the plastic has cooled enough, the mould is opened, and the part is expelled. Two variations of Extrusion Blow Molding are continuous and intermittent.
MARKET DYNAMICS
The increasing demand for machines due to the prevalence of low labor cost, rising preferences towards moulded plastic products, increasing demand due to the flexibility of the material, and low waste production are some of the factors that will likely to enhance the growth of the extrusion blow moulding market. Furthermore, rising technological advancement in the different economies such as the US, China, India, Japan, and others will further boost various opportunities that will lead to the growth of the extrusion blow moulding market. Demand for extrusion blow moulding is growing, as customers need essential goods such as hand soaps, sanitizers, and other cleaning items. Unprecedented demand for cleaning and sanitizing products has generated value-added opportunities for companies in the market for blow moulding machines market.
MARKET SCOPE
The "Global Extrusion blow moulding Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the extrusion blow moulding market with detailed market segmentation by type, application, and geography. The global extrusion blow moulding market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading extrusion blow moulding market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global extrusion blow moulding market is segmented on the basis of type and application. On the basis of type the global extrusion blow moulding market is segmented into PET, PVC, Polystyrene, Polyethylene, Acrylonitrile, Polypropylene, and others. Based on application the global extrusion blow moulding market is segmented into medical, building & construction, automotive & transport, consumables & electronics, packaging, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global extrusion blow moulding market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The extrusion blow moulding market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the extrusion blow moulding market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the extrusion blow moulding market in these regions.
MARKET PLAYERS
The reports cover key developments in the extrusion blow moulding market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from extrusion blow moulding market are anticipated to lucrative growth opportunities in the future with the rising demand for extrusion blow moulding in the global market. Below mentioned is the list of few companies engaged in the extrusion blow moulding market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the extrusion blow moulding market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Inpress Plastics Ltd
- LyondellBasell
- Magna International Inc.
- Berry Global Inc.
- Rutland Plastics Ltd
- Agri - Industrial Plastics Company
- The Dow Chemical Company
- SABIC
- Comar LLC
- The Plastic Forming Company, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.