The global blow molded plastics market growth is projected to reach USD 100.13 billion by the end of 2027. The increasing applications of the product in the packaging industry will have a huge impact on the growth of the global market. The presence of several large scale companies in this sector will emerge in favor of the growth of the global market. the market was worth USD 77.07 billion in 2019 and will exhibit a CAGR of 2.8% during the forecast period, 2020-2027.
Source:
https://www.fortunebusinessins....ights.com/industry-r
Blow molding is a cost-effective way of manufacturing plastics wherein a heated plastic is molded into a cavity that eventually forms a hollow material or object.