VALLEY COTTAGE, N.Y., June 08, 2018 (GLOBE NEWSWIRE) -- PET stretch blow molding machines produce bottles for juices, water, soda, detergents, soda bottles and several other products by stretching preforms in both the axel direction and the hoop direction. The PET stretch blow molding machines market is expected to witness a sluggish growth that is mainly driven by the large consumer base of the beverage industry demanding bottles produced by PET stretch blow molding machines. According to a new research report by Future Market Insights titled ‘PET Stretch Blow Molding Machines Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,’ the global PET stretch blow molding machines market is expected to grow at a CAGR of 2.2% during the forecast period. The global PET stretch blow molding machines market was valued at over US$ 600 Mn in 2017 and is expected to reach a valuation in excess of US$ 800 Mn by the end of 2027.

Trends and Opportunities Rising demand for stretch blow molded products across various industries has increased the demand immensely for PET stretch blow molding machines. Manufactures are increasing their investments on design and development of energy efficient PET stretch blow molding machines with a large number of blowing cavities and feed lines. Manufacturers are producing PET stretch blow molding machines compatible with various end use needs such as the ability to manufacture products withstanding high temperature or pasteurisation process and self-collapsible containers. Also, for the longer run production cycle, two step PET stretch blow molding machines are proving to be more economical over single step PET stretch blow molding machines.

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This research report presents the competitive landscape of the PET stretch blow molding machines market with a complete profile of all the leading players in the industry. Some of the top companies profiled in the report are Krones AG, Sacmi Imola S.C., Nissei ASB Machine Co., Ltd., SMI S.p.A., Guangzhou Tech-Long Packaging Machinery Co., Ltd., KENPLAS Industry Ltd., W. Amsler Equipment Inc., Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd. Etc.

PET stretch blow molding machines are largely used in the production of bottles and thus it witnesses highest demand from the beverage industry. However, lately the demand for soft drinks has decreased exceptionally due to growing health concerns among people. Consumers are more inclined towards healthy eating habits and thus, instead of soft drinks, the demand for bottled water has increased especially in the U.S. The lack of access to potable water is also an issue in various regions. Countries such as Costa Rica and Mexico in Latin America are facing water crisis. People are installing additional water capacities for meeting their daily water demand; however, access to potable water is a big concern for the countries in the region. The overall demand for PET bottles has helped increase the concentration of PET stretch blow molding machine manufacturers in many countries. Two step PET stretch blow molding machines have increased the capability of manufacturers to produce stretch blow molded products at very high speed in large quantities.

Preview Analysis on PET Stretch Blow Molding Machines Market Segmentation By Technology Type: Single Step, Two Step; By Orientation Type: Rotary, Linear; By End Use Industry: Food, Beverages, Pharmaceuticals, Personal Care & Cosmetics, Others (Homecare, etc.) https://www.futuremarketinsights.com/reports/pet-stretch-blow-molding-machines-market

5 Gallon Pet Preform Mould

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