Plastic Mold Industry
New Products
Blow-molded plastic bottles growing globally at 4% CAGR

2019-01-04

Globally, the blow-molded plastic bottles market is expected to register a CAGR of about 4% during the period 2018-2022.

According to the report from Technavio (London) published in September, a key factor driving the growth of the market is the rising adoption of PET as a packaging solution. PET packaging is being used across the globe for the packaging of products such as beverages, food, perfumes and sprays, toiletries, food and pharmaceuticals. In 2017, about 50% of the beer bottles in Romania were made from PET as consumers in this country found these bottles to be convenient.

Sponsored Content Brought to you by PLASTEC WEST
SEE THE LATEST PLASTICS INNOVATIONS AT PLASTEC WEST
PLASTEC West brings you the latest solutions and technology in injection molding, materials & additives, rapid prototyping, coatings, automation, and more. Our exhibitors offer a variety of services that can fulfill your production needs.

Another trend Technavio identifies is related and growing demand for Bio-PET worldwide. Technological advances in the manufacturing of polymers are promoting the demand for polythene packaging in various end-user segments. The global demand for biodegradable-polyethylene terephthalate (Bio-PET) materials for several purposes, primarily packaging, is expected to be driven by the emergence of biodegradable plastics such as polyvinyl alcohol, polylactic acid, and polyanhydrides.

PLASTEC Minneapolis 2018 held October 31-November 1 is part of the Midwest’s largest advanced design and manufacturing event that also includes MinnPack brings you the latest in materials and additives, injection molding, rapid prototyping, coatings, automation, packaging and more. For details, visit PLASTEC Minneapolis.
“Microorganisms can easily decompose Bio-PET packaging solutions,” says a senior analyst at Technavio. “The disposal of this material has a less toxic effect on the environment when compared with conventional plastics. The environmental benefits of Bio-PET material will promote its use in the packaging industry, which is, in turn, anticipated to boost the growth of the blow-molded plastic bottles market.”  (by: PlasticsToday Staff in PackagingSustainability, Blow Molding, Materials on October 02, 2018)

Copyright © 2015-2019 Green Vitality Industry Co.,Ltd.All Rights Reserved.dyyseo.com

  • f
  • in
  • p
  • tw
  • you

Chat now

Live Chat

Home

Products

News

contact