Blow Molding, also known as Blow Moulding in the United Kingdom, is a molding process in which heated plastic is blown into a mold cavity to create a hollow object. The defining characteristic of a blow molding is that it’s used to create Hollow Objects. Raw Plastic is first heated, after which it’s formed into a parison. Next, the plastic parison is secured to the top of the mold. And finally, air blown down onto the plastic parison, thereby stretches it across the interior walls of the mold cavity.
Related Projects:- Plastics, Polymers and Resins, Polypropylene (PP)
There are many different Types of Blow Moulding, one of which is extrusion. Known as Extrusion Blow Moulding (EBM), it is a common moulding process used in the manufacturing industry because of its ability to Mass-Produce a large volume of objects in the same size and shape. Another common type is Injection Stretch Blow Moulding. It is typically used to create Plastic Bottles.
Start a Business in Asia, Click Here
Blow Moulding: Regional Market Growth:
According to the HDPE Large Blow Molded Products Market Report 2020, the Global Blow Moulded Products market is likely to expand during the forecast period from 2020 to 2030.
The global Blow Moulding Machine market size was valued at $4,855.8 million in 2018, and is projected to reach $6,674.6 million by 2026, growing at a CAGR of 3.8% from 2019 to 2026.
Start a Business in Africa, Click Here
Blow moulding is the most flexible process as compared to other Moulding Methods. Therefore, it is widely utilized in industries such as automotive, medical, packaging, food & beverage, and others. Low labor cost, bulk production, and high demand for Moulded Plastic Products drive the market growth.
Related Books:- Plastics And Polymers, Polyester Fibers, Pet & Preform, Medical, Expanded Plastics
According to Global Blow Moulding Market Analysis, the global adoption of Blow Moulding Technology is anticipated to grow exponentially over the coming years. The High Demand for Plastics that are Recyclable in nature is expected to boost the demand for Blow Moulding Machineries over the coming years. The growing automotive, building & construction, and Packaging Industry are projected to foster market demand over the forecast period.
The Blow Moulding Market, on the basis of Technology, is segmented into Injection, Extrusion, Stretch, Compound, and others. Extrusion Blow Molding Technique is expected to occupy the largest share as they are widely used in Bulk Manufacturing Processes because of their comparatively cheaper Cost.
Start a Business in India, Click Here
Similarly, the use of blow molding in the Packaging Industry is expected to hold the largest market share by 2025. The need for appropriate packaging for several applications is anticipated to increase demand for Plastic Blow Moulding.
The Automotive Industry has experienced an increased preference towards blow moulded plastic components in order to reduce the weight of the vehicle. The automotive segment is anticipated to grow at the highest CAGR from 2017 to 2025.
The demand for Blow Moulding Technology in the Asia Pacific Region is estimated to hold the largest share in 2016. Rising production of consumer durables, electronics, and automotives in the Asia Pacific region is expected to augment Market Demand. Also, large scale Manufacturing in China and India are expected to contribute to Blow Moulding Market Growth over the coming years.
Related Videos:- Plastics Projects
Blow Moulding Manufacturers:
Some of the companies engaged in the Manufacturing Blow Moulded Products include Magna International Inc., The Plastic Forming Company, Inc., Comar, Llc, Berry Global Inc., Iac Group, Pet All Manufacturing Inc., Inpress Plastics Ltd, and Rutland Plastics Ltd among others. Companies Developing and Supplying Blow Moulding Machineries include Jsw, Nissei Asb Machine, Bekum, Milacron, Kautex Maschinenbau, and Aoki Technical Laboratory.
Start a Business in Middle East, Click Here
Reason of Growth:
One of the major factors that drive the overall Growth of the Blow Moulded Market includes escalating Demand for Blow Moulding Machines in the Food & Beverages Industry to manufacture various Packaging and Processing components, which include food & beverage containers, processing equipment components, conveyor system components, and others.
Conclusion:
Niir Project Consultancy Services (NPCS) provide detailed project reports, Books, Business Plan for Manufacturing Plant, Start-up Ideas, and Business Ideas for Entrepreneurs, etc. You can also get the detailed project report on “Blow Moulding” all the project reports give reliable data on analysis of market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements.
MamSh_2021
#DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #BusinessIdeas #StartupBusinessIdeas #BusinessOpportunity #BlowMoulding #BlowMouldingMachine #plasticproductbusiness #plasticmanufacturingbusiness
