U.S. Blow Molded Plastics Market Size & Outlook, 2023-2030
The blow molded plastics market in the United States is expected to reach a projected revenue of US$ 13,415.8 million by 2030. A compound annual growth rate of 6.3% is expected of the United States 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, U.S. accounted for 10.9% 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 North America, U.S. blow molded plastics market is projected to lead the regional market in terms of revenue in 2030.
U.S. is the fastest growing regional market in North America and is projected to reach USD 13,415.8 million by 2030.
The U.S. dominated the North America blow molded plastics market in 2019 and is expected to continue its dominance over the forecast period. The demand for blow molded plastics in the country is majorly generated from the expanding automotive industry on account of the popularity of electric vehicles, and the rise in the number of construction activities.
The U.S. has witnessed a huge growth in construction projects in the recent past. The U.S. federal government is planning to invest USD 2 trillion over a period of 10 years for infrastructure development.
The country is characterized by a low-risk environment, stable economy, and robust financial sector. These factors have provided a multitude of opportunities for investors in recent years, which are likely to trigger infrastructure spending in the country. This, in turn, is projected to positively impact the demand for blow molded plastics in the U.S. construction industry.
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 38.77% in 2023.
Horizon Databook has segmented the U.S. 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.
The U.S. dominated the North America blow molded plastics market in 2019 and is expected to continue its dominance over the forecast period. The demand for blow molded plastics in the country is majorly generated from the expanding automotive industry on account of the popularity of electric vehicles, and the rise in the number of construction activities.
The U.S. has witnessed a huge growth in construction projects in the recent past. The U.S. federal government is planning to invest USD 2 trillion over a period of 10 years for infrastructure development.
The country is characterized by a low-risk environment, stable economy, and robust financial sector. These factors have provided a multitude of opportunities for investors in recent years, which are likely to trigger infrastructure spending in the country. This, in turn, is projected to positively impact the demand for blow molded plastics in the U.S. construction industry.
U.S. Blow Molded Plastics Market Technology Outlook (Revenue, USD Million , 2018-2030)
Extrusion blow molding
Injection blow molding
Strech blow molding
Compound Blow Molding
U.S. 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
U.S. 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 U.S. Blow Molded Plastics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Blow Molded Plastics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.S. Blow Molded Plastics Market, 2018-2030 (US$M)