Over the five years to 2017, the Blow Molding Machinery Manufacturing industry is expected to grow. Private investment in industrial equipment and machinery and downstream demand are key drivers of industry performance, both of which have performed well over the past five years due to improving economic conditions. Industry growth has stemmed from a rise in investment in industrial equipment and machinery, as downstream users are expanding capacity. Over the five years to 2022, the Blow Molding Machinery Manufacturing industry is expected to grow more steadily. The industry will continue to endure head winds from high import penetration, a stronger dollar and environmental concerns associated with plastic use. Despite this, improvements in downstream demand and technological advancements will ultimately force users of industry equipment to replace old machines with new ones, benefiting industry revenue.
This industry manufactures blow molding machinery. Blow molding is a process by which hollow plastic parts are formed.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.