Blow Molded Plastics Market Outlook 2023: Recent Developments and Business Insights
Market Overview
The Global Blow Molded Plastics Market is expected to reach a valuation of USD 89.6 billion in 2023 and USD 149 billion in 2032. It is anticipated to grow with a CAGR of 5.6% for the forecast period (2023-2032).
Blow molding is a manufacturing process used to produce hollow plastic parts by inflating heated plastic material using compressed air or other gases. It enables high volume production of consistent, lightweight and affordable plastic products.