Blow Molded Plastics Market size was over USD 646.21 billion in 2024 and is anticipated to exceed USD 1.04 trillion by the end of 2037, witnessing over 3.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of blow molded plastics is evaluated at USD 665.85 billion. The growth of the market can be attributed to rising awareness of prevention of infectious disease across the globe. The demand for various pharmaceuticals products, disinfectants, and sanitizers has increased. Hand sanitizer sales in the U.S. went up by 300% in March 2020.
Blow molding is manufacturing process that is used to create hollow plastic part by inflating a heated plastic tube until it fills a mold and forms the desired shape. The process involves the use of heat, air pressure, and water. Increased demand from key application sectors including construction, automotive, and packaging such as, milk cartons, shampoo bottles, storage drums, watering cans and others. India contributes 23% of global milk production. In 2020-21, it produced about 209 million tons.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?