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Rockville, MD , Oct. 28, 2024 (GLOBE NEWSWIRE) — The Global Blow Moulding Machine Market was valued at US$ 2,443.4 million in 2023 and has been forecasted to expand at a noteworthy CAGR of 3.7% to end up at US$ 3,604.0 Million by 2034.

Automotive industry has been one of the major market for blow moulded solutions. Components such as fuel tanks, air ducts, fluid reservoirs, seating components, and HVAC components among others are all made using blow moulding machines. Blow moulds in car manufacturing allows for the creation of fuel tanks that are not only lighter but also more durable than those made with traditional methods. Use of blow moulds also ensure that the systems are more efficient to promote better fuel consumption and enhance the overall vehicle performance.

Additionally, blow moulding has become increasingly important in the medical industry, offering numerous advantages for producing a wide range of medical devices and packaging. With continuous growth in medical moulding solution market players are implementing these machines to enhance their manufacturing and expand their production capabilities. For instance, on May 2024, The MGS Mfg Group, a U.S. provider of customized manufacturing solutions to the plastics sector, is constructing an ISO Class 100,000 cleanroom at its moulding facility in Germantown, Wisconsin. The company’s manufacturing and services for the healthcare market will improve with the addition.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1750

Key Takeaways from Market Study:

• The global blow moulding machine market is projected to grow at 7% CAGR and reach US$ 3,604.0 million by 2034
• The market created an absolute $ opportunity of US$ 1,097.9 million growing at a CAGR of 7% between 2024 to 2034
• North America is a prominent region that is estimated to hold a market share of 8% in 2034
• Pharmaceutical & cosmetics under Industry are estimated to grow at a CAGR of 3% creating an absolute $ opportunity of US$ 104.8 million between 2024 and 2034
• North America and East Asia are expected to create an absolute $ opportunity of US$ 532.2 million collectively

 “Adoption of sustainable solutions such as recycle plastics for manufacturing will drive the market” says a Fact.MR analyst.

Leading Players Driving Innovation in the Blow Moulding Machine Market:

Akei Holdings Company Limited; Bekum; Chia Ming Machinery Co., Ltd.; China JWELL Intelligent Machinery Co.,Ltd; Jomar Corp.; Kautex Maschinenbau System GmbH; Krones AG; Meccanoplastica; PARKER PLASTIC MACHINERY CO., LTD; Simoparma Packaging Italia Srl (TECHNE); The Japan Steel Works, Ltd.; Wilmington Machinery; Other Prominent Players

Market Development:

Global blow moulding machine market key players are focusing on expansion activities, technological advancement, product innovations, strategic partnerships and collaborations, and regulatory compliances to acquire significant share in the industry.

For example, on August 2022, The U.S.-based company Trexel, which specializes in lightweighting solutions, has expanded the use of its royalty-free Trexel MuCell foaming solution and license to blow-molded components. Trexel has long been involved in blow moulding applications for automobiles in an effort to lower weight, enhance insulation, and lengthen battery life. In line with what it regards as “breakthrough innovations,” Trexel has expanded its offering to include a variety of packaging options.

Blow Moulding Machine Industry News:

• On January 2024, China-based Jwell Machinery acquired German-based blow moulding machine manufacturer Kautex Machinenbau. According to reports, Kautex will maintain to operate as an independent company under Jwell.
• On January 2024, Container Services, Inc. (“CSI”), a custom blow moulder recognized for its trademark honey bear bottle acquired Apex Plastics (“Apex”), a custom blow moulder primarily serving the beverage and domestic industries. With this acquisition, CSI also announced the formation of FirmaPak, a platform of like-minded customer-focused blow moulders.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=1750

More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global blow moulding machine market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights on the basis of the Machine Type (Extrusion Blow Moulding Machine, Injection Blow Moulding Machine, Injection-Stretch Blow Moulding Machine, Stretch Blow Moulding Machine (Linear and Rotary)), Raw Material (Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene (PP), Polybutylene Terephthalate (PBT), Polyvinyl Chloride (PVC), Polystyrene (PS), Nylon (PA), and Others), End Use Vertical (Automotive, Food & Beverages, Packaging & Containers, Electronics & Electrical, Pharmaceuticals & Cosmetics, Medical Devices, Consumer Goods, Sporting Goods, Chemicals & Lubricants, and Others), Distribution Channel (Direct Sales and Distributors),  across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and Middle East & Africa).

Segmentation of Blow Moulding Machine Industry Research:

• By Machine Type :
  • Extrusion Blow Moulding Machine
  • Injection Blow Moulding Machine
  • Injection-Stretch Blow Moulding Machine
  • Stretch Blow Moulding Machine
• By Raw Material :
  • Polyethylene Terephthalate (PET)
  • High-Density Polyethylene (HDPE)
  • Low-Density Polyethylene (LDPE)
  • Polypropylene (PP)
  • Polybutylene Terephthalate (PBT)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Nylon (PA)
  • Others
• By End Use Vertical :
  • Automotive
  • Food & Beverages
  • Packaging & Containers
  • Electronics & Electrical
  • Pharmaceuticals & Cosmetics
  • Medical Devices
  • Consumer Goods
  • Sporting Goods
  • Chemicals & Lubricants
  • Others
• By Distribution Channel :

Checkout More Related Studies Published by Fact.MR Research: 

 The global naval radar market size has reached US$ 12.5 billion in 2023 and is forecasted to end up at US$ 20 billion by 2033. Over the next ten years, Fact.MR’s research projects global demand for naval radars to rise at 4.8% CAGR.

The global industrial air preheater market is expected to reach a valuation of US$ 9,069.8 million in 2024 and is projected to climb to US$ 16,396.5 million by 2034, expanding at a CAGR of 6.1% during the forecast period of 2024 to 2034.

The global drone spraying services market is estimated to be around US$ 266.5 million in 2024. Drone spraying services sales are projected to increase at a CAGR of 24.7%, reaching over US$ 2,422.5 million by 2034.

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The global portable inverter generator market was valued at US$ 3,404.1 million in 2023 and has been forecasted to expand at a noteworthy CAGR of 9.4% to end up at US$ 8,959.8 Million by 2034. The portable inverter generator market accounts for around 19% in overall generator market.

About Us: 

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.  

Contact: 
US Sales Office: 
11140 Rockville Pike 
Suite 400 
Rockville, MD 20852 
United States 
Tel: +1 (628) 251-1583 
Sales Team: sales@factmr.com 
Follow Us: LinkedIn | Twitter | Blog  

Rockville, MD , Oct. 28, 2024 (GLOBE NEWSWIRE) — Not only in homes, film and foil is being increasingly used for vehicle aesthetics enhancements too. According to Fact.MR, a market research and competitive intelligence provider, the global Decorative Films and Foils Market is set to be worth US$ 19.1 billion in 2024 and has been forecasted to expand at a CAGR of 5.3% during the study period of (2024 to 2034).

In modern architecture, a commercial building’s floor is divided by partition walls. These walls are made up of glass as they are less expensive to install than standard walls. This trend of floor sharing is creating the demand for decorative films.

• The global window films market is expected to reach a size of US$ 24 billion by the end of 2034.

Companies are experimenting with various materials for decorative films and foils, including metallic options. A rising trend is car wrap films, which elevate a vehicle’s elegance and appearance by enveloping it in decorative film.

• For instance, Avery Dennison provides car wrap films with simplified and expedited installation, along with an extensive range of colors and finishes.

Utilization of decorative films on vehicles can reduce CO₂ emissions by approximately 68% compared to conventional paint coatings. Given the aim for carbon neutrality, there is increasing focus on decorative films as an environmentally friendly coating technology.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=9959

Key Takeaways from Market Study:

• The global decorative film and foil market is projected to expand at 5.3% CAGR and reach US$ 32 billion by 2034-end.
• The market created an absolute $ opportunity of US$ 4.4 billion from 2019 to 2023.
• North America is projected to hold a market share of 29.1% in 2034.
• Prominent market players include Eastman Chemical Company, 3M, LG Hausys Ltd., and Omnova Solutions Inc.
• The residential segment is forecasted to expand at a CAGR of 5.7% through 2034, creating an absolute $ opportunity of US$ 5.2 billion from 2024 to 2034.
• North America and East Asia are collectively projected to create an absolute $ opportunity of US$ 9.1 billion.

“Increasing focus on aesthetics in several domains is a key factor driving demand for decorative films and foils. Rising inclination toward energy-efficient construction practices is driving market growth,” says a Fact.MR analyst.

Leading Players Driving Innovation in the Decorative Film and Foil Market:

Eastman Chemical Company | The 3M Company | LG Hausys, Ltd. | OMNOVA Solutions, Inc. | Ergis S.A. | Avery Dennison Corporation | Jindal Poly Films Ltd. | Klöckner Pentaplast Group | Folienwerk Wolfen GmbH | Mondoplastico S.p.A. | Other Prominent Players

Market Development:

Companies operating in the decorative film and foil market are adopting several strategies to navigate the competitive landscape. Companies are discovering ideas that can transform creative designs into eye-catching effective decorative film manufacturing.

Expanding distribution channels enables these companies to reach new markets and capitalize on emerging trends effectively. Companies are expanding their businesses by acquiring companies or investing more in manufacturing plants.

• For instance, Renolit expanded its business in North America by opening up a new product line. The decision was made to strengthen the company’s market position.

Decorative Film and Foil Industry News:

• Renolit opened their new production plant in North America on August 30, 2023. The choice was made to hold onto the company’s position in the market while growing its market share.
• In March 2023, Eastman Chemical Company launched a high-energy visible light filtering film for the transportation sector. In China, the product line was introduced.
• Surteco Group SE purchased Omnova’s laminates, performance films, and coated fabrics sector in February 2023. Omnova is a manufacturer of foils, laminates, and vinyl-coated fabrics. Through the planning of the company’s internationalisation, this action is expected to boost the company’s position in the market.

Get Customization on this Report for Specific Research Solutions: https://www.factmr.com/connectus/sample?flag=S&rep_id=9959

More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the global decorative film and foil market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights based on material (polyvinyl chloride, polyester, polypropylene, vinyl), application (furniture, doors & windows, flooring, automotive interiors & exteriors), and end use (residential, commercial, institutional), across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East & Africa).

Segmentation of Decorative Film and Foil Market Research:

• By Material :
  • Polyvinyl Chloride
  • Polyester
  • Polypropylene
  • Vinyl
• By Application :
  • Furniture
  • Doors & Windows
  • Flooring
  • Automotive Interiors & Exteriors
• By End Use :
  • Residential
  • Commercial
  • Institutional

Checkout More Related Studies Published by Fact.MR Research: 

Film Formers Market: The global film formers market has reached US$ 1.6 billion in 2022 and is expected to progress at a steady CAGR of 4.9% to end up with a market valuation of US$ 2.5 billion by 2032.

EVOH Film for Packaging Market: Increasing focus of food manufacturers on keeping their products nutrition-rich and increasing their shelf life is all set to increase the demand for EVOH films for packaging. The global EVOH film for packaging market is calculated at US$ 5.52 billion in 2024 and has been forecasted to rise at a CAGR of 5.1% to reach US$ 9.03 billion by the end of 2034.

Window Films Market: The global market for window films reached a valuation of around US$ 11.5 Bn in 2021 and is slated to accelerate at a CAGR of 6% to top US$ 22 Bn by 2032. Demand for the sun-type segment is high and is set to increase at a CAGR of 5.5% across the assessment period of 2022 to 2032.

Agricultural Film Market: The global agricultural film market size is estimated to account for a value of US$ 11.78 billion in 2024 and is forecasted to reach US$ 21 billion by the end of 2034. Worldwide sales of agricultural films are predicted to increase at 5.9% CAGR over the next ten years.

Automotive Wrap Films Market: Expanding at a significant CAGR of 22.5%, the global automotive wrap films market is predicted to increase from US$ 7.11 billion in 2023 to US$ 54.1 billion by the end of 2033.

About Us: 

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape.  

Contact: 
US Sales Office: 
11140 Rockville Pike 
Suite 400 
Rockville, MD 20852 
United States 
Tel: +1 (628) 251-1583 
Sales Team: sales@factmr.com 
Follow Us: LinkedIn | Twitter | Blog  

Rockville, MD, Oct. 28, 2024 (GLOBE NEWSWIRE) — Fact.MR, a market research and competitive intelligence provider, has published a new report, which reveals that during the forecast period of 2022-2032, the automotive front-end module market is scheduled to embark on a positive trajectory, recording a CAGR of 5.07% to secure US$ 205.1 Billion.

The electric vehicle demand is rising owing to the need for addressing future energy demands. The need to achieve a sustainable transportation method plays a vital role in increasing EV demand. The EV market is emerging as an important part of the automotive sector and acts as a significant catalyst toward achieving energy efficiency, along with lessened emissions of pollutants and other greenhouse gasses.

Growing environmental concerns, along with favorable government initiatives are some of the significant factors benefitting the market during the forecast period. Increasing energy costs and growing competition among energy-efficient technologies are likely to propel the market growth in the forthcoming time. Increasing demand for lightweight vehicles is expected to offer a conducive environment of growth during the forecast period.

Since lightweight auto parts lessen the overall weight of the vehicles and reduce CO₂ emission and cost, the market will expand significantly in the forecast period.

In July 2020, an advanced integrated bolster produced with a ‘hybrid’ plastic-metal composite technology for the Ford Kuga SUV, is manufactured with steel panels and Durethan BKV30H2.)EF, fiberglass-reinforced nylon 6 from Lanxess, Pittsburgh, Penn. The fully assembled front-end module was developed and is offered by Germany’s Montaplast GmbH, a global system supplied by the automotive industry. However, increasing safety and technological constraints involved in lightweight fems, increasing vehicle parts modernization, and emerging competitors are projected to be the most significant factors that can hamper the market during the forecast period.

For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=29 

   Key Takeaways from the Market Study:

• The global automotive front-end module market is expected to have held a value worth US$ 119 Billion in 2021.
• By the end of the forecast period, the front-end module market in Europe is expected to claim about 40% of the global revenue.
• The passenger segment of the automotive front-end module market is expected to display a CAGR of 6% during the forecast period.
• The automotive front-end module market in North America is expected to display a CAGR of 4.8% during the forecast period.

“Increasing demand for lightweight vehicles and growing demand for EVs are expected to benefit the global automotive front-end market during the forecast period,” says a Fact.MR analyst.

Leading Players Driving Innovation in the Automotive Front End Module Market:

Key players in the global automotive front-end module market include Hyundai Mobis Co. Ltd., Faurecia S.A, MAHLE GmbH, Denso Corporation, HBPO GmbH, Murata Manufacturing Co. Ltd., Samvardhana Motherson Automotive Systems Group B.V, Montaplast GmbH, Compagnie Plastic Omnium S.A, Magna International Inc., Valeo S.A, and SL Corporation.

Automotive Front End Module Industry News:

• Hyundai Mobis declared in December 2020 that the board of directors had given its approval for the purchase of Hyundai Autron’s semiconductor division. Hyundai Mobis intends to use this endeavour to differentiate its integrated control technology in the future automotive industry by providing the capacity to design, develop, and verify semiconductors for automobiles.
• Through its subsidiary Samvardhana Motherson Reflectec, Motherson Group completed the purchase of a majority interest in Turkey’s Plast Met Group in May 2021. The deal was completed successfully, giving Motherson Group access to the sizeable Turkish auto industry.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=S&rep_id=29

More Insights Available:

Fact.MR, in its new offering, presents an unbiased analysis of the global automotive front-end module market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial vehicles), Raw Material (Metal, Composite, and Others), and Region (North America, Europe, and Rest of the World).

Check out More Related Studies Published by Fact.MR:

Automotive Battery Market: Expanding at a CAGR of 6.1%, the global automotive battery market is projected to increase from a valuation of US$ 52.71 billion in 2024 to US$ 95.29 billion by 2034.

Automotive Automatic Transmission Market: Worldwide revenue from the automotive automatic transmission market is estimated at US$ 76.11 billion in 2024 and has been forecasted to increase at 3.6% CAGR to climb to US$ 122.81 billion by the end of 2034.

Automotive Tire Market: The global automotive tire market is projected to increase from a value of US$ 403.53 billion in 2024 to US$ 626.67 billion by the end of 2034. Worldwide sales of automobile tires have been projected to rise at 3.6% CAGR from 2024 to 2034.

Automotive Fuel Filter Market: A recently revised research study released by Fact.MR places the global automotive fuel filter market size at a value of US$ 2.77 billion in 2024. Worldwide sales of automotive fuel filters are projected to increase to US$ 5.09 billion by the end of 2034, rising at 6.3% CAGR between 2024 and 2034.

Automotive Actuator Market: Revenue from the global automotive actuator market is estimated to reach US$ 22.45 billion in 2024. The market has been analyzed to climb to a value of US$ 42.53 billion by the end of 2034, expanding at a CAGR of 6.6% over the next ten years.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay competitive.

Contact:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team: sales@factmr.com
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