Gulf Cooperation Council Blow Molded Plastics Market Size & Outlook
The blow molded plastics market in Gulf Cooperation Council is expected to reach a projected revenue of US$ 2,111.5 million by 2030. A compound annual growth rate of 5.7% is expected of Gulf Cooperation Council blow molded plastics market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,435.1
Forecast, 2030 (US$M)
$2,111.5
CAGR, 2024 - 2030
5.7%
Report Coverage
Gulf Cooperation Council
Related Markets
Gulf Cooperation Council blow molded plastics market highlights
- The Gulf Cooperation Council blow molded plastics market generated a revenue of USD 1,435.1 million in 2023 and is expected to reach USD 2,111.5 million by 2030.
- The Gulf Cooperation Council market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, injection blow molding was the largest revenue generating technology in 2023.
- Injection blow molding is the most lucrative technology segment registering the fastest growth during the forecast period.
Blow molded plastics market data book summary
| Market revenue in 2023 | USD 1,435.1 million |
| Market revenue in 2030 | USD 2,111.5 million |
| Growth rate | 5.7% (CAGR from 2024 to 2030) |
| Largest segment | Injection blow molding |
| Fastest growing segment | Injection blow molding |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extrusion blow molding, Injection blow molding, Strech blow molding, Compound Blow Molding |
| Key market players worldwide | 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, Gulf Cooperation Council accounted for 1.8% 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 Middle East & Africa, Gulf Cooperation Council blow molded plastics market is projected to lead the regional market in terms of revenue in 2030.
- Gulf Cooperation Council is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,111.5 million by 2030.
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Blow Molded Plastics Market Scope
Blow molded plastics market segmentation & scope
Blow Molded Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gemini Group Global Corp | View profile | 4 | 1708 E Altheimer Road, Richmond Hill, ON, Canada | https://www.geminigrpglobalcorp.com |
| IAC Inc Ordinary Shares - New | View profile | 9500 | 555 West 18th Street, New York, NY, United States, 10011 | https://www.iac.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Magna International Inc | View profile | 179000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | https://www.magna.com |
| Comar | View profile | 251-500 | Voorhees, New Jersey, United States, North America | https://www.comar.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Exxon Mobil Corp | View profile | 61500 | 22777 Springwoods Village Parkway, Spring, TX, United States, 77389-1425 | https://www.exxonmobil.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
Gulf Cooperation Council blow molded plastics market size, by technology, 2018-2030 (US$M)
Gulf Cooperation Council Blow Molded Plastics Market Outlook Share, 2023 & 2030 (US$M)
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