China Blow Molded Plastics Market Size & Outlook, 2023-2030
The blow molded plastics market in China is expected to reach a projected revenue of US$ 18,944.2 million by 2030. A compound annual growth rate of 6.9% is expected of China blow molded plastics market from 2024 to 2030.
Gemini Group Global Corp, Exxon Mobil Corp, LyondellBasell Industries NV Class A, INEOS, Magna International Inc, IAC Inc Ordinary Shares - New, Berry Global Group Inc, Dow Inc, Comar
Other key industry trends
In terms of revenue, China accounted for 14.9% of the global blow molded plastics market in 2023.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China blow molded plastics market is projected to lead the regional market in terms of revenue in 2030.
China is the fastest growing regional market in Asia Pacific and is projected to reach USD 18,944.2 million by 2030.
Amid the global COVID-19 pandemic, China is producing face masks, face shields, head & shoe covers, gloves, and medical gowns, which are being exported to various countries such as the U.S., the UK, Spain, Italy, and India. Various automotive and clothing manufacturing companies have started producing masks for export purpose.
China is a leading plastic producing country. Low production costs in the country have triggered high investments in plastic industry including plastic machinery manufacturing. China is not just the largest plastic producer, but also the biggest plastic recycler globally. Around 50% of the global plastic waste recycling activities take place in China alone.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Blow Molded Plastics Market Outlook will help companies and investors design strategic landscapes.
Injection Blow Molding was the largest segment with a revenue share of 35.45% in 2023.
Horizon Databook has segmented the China blow molded plastics market based on extrusion blow molding, injection blow molding, strech blow molding, compound blow molding covering the revenue growth of each sub-segment from 2018 to 2030.
Amid the global COVID-19 pandemic, China is producing face masks, face shields, head & shoe covers, gloves, and medical gowns, which are being exported to various countries such as the U.S., the UK, Spain, Italy, and India. Various automotive and clothing manufacturing companies have started producing masks for export purpose.
China is a leading plastic producing country. Low production costs in the country have triggered high investments in plastic industry including plastic machinery manufacturing. China is not just the largest plastic producer, but also the biggest plastic recycler globally. Around 50% of the global plastic waste recycling activities take place in China alone.
China Blow Molded Plastics Market Technology Outlook (Revenue, USD Million , 2018-2030)
Extrusion blow molding
Injection blow molding
Strech blow molding
Compound Blow Molding
China Blow Molded Plastics Market Product Outlook (Revenue, USD Million , 2018-2030)
Polypropylene (PP)
Acrylonitrile Butadiene Styrene (ABS)
Polyethylene (PE)
Polystyrene (PS)
Polyinyl Chloride (PVC)
Polyethylene Terephthalate (PET)
Polyamide (PA)
Other Products
China Blow Molded Plastics Market Application Outlook (Revenue, USD Million , 2018-2030)
Packaging
Consumables & Electronics
Automotive & Transport
Building & Construction
Medical
Other Applications
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Horizon Databook provides a detailed overview of country-level data and insights on the China Blow Molded Plastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Blow Molded Plastics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Blow Molded Plastics Market, 2018-2030 (US$M)