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Blow Molded Plastics Market to Reach USD 100.13 Billion by 2027; Demand for Innovative Packaging will Emerge in Favor of Market Growth, says Fortune Business Insights™

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Pune, Sept. 14, 2020 (GLOBE NEWSWIRE) — The global blow molded plastics market size is projected to reach USD 100.13 billion by the end of 2027. The increasing applications of the product in the packaging industry will have a huge impact on the growth of the global market. The presence of several large scale companies in this sector will emerge in favor of the growth of the global market. According to a report published by Fortune Business Insights, titled Blow Molded Plastics Market Size, Share & COVID-19 Impact Analysis, By Resin (Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS)), By Molding Method (Extrusion Blow Molding, Injection Blow Molding, Stretch Blow Molding, Rotational Blow Molding), By Application, and Regional Forecast, 2020-2027,” the market was worth USD 77.07  billion in 2019 and will exhibit a CAGR of 2.8% during the forecast period, 2020-2027.

Blow molding is a cost-effective way of manufacturing plastics wherein a heated plastic is molded into a cavity that eventually forms a hollow material or object. The high efficiency of this product, coupled with its low cost, makes it a preferred choice among manufacturers.

The massive investments in upgrading manufacturing methods and increasing efforts in product R&D will have a huge impact on the growth of the overall market in the coming years. The presence of several large scale manufacturers across the world, driven by the rising demand and applications of the product will bode well for the growth of the market in the coming years. Additionally, the increasing applications of blow-molded plastics across diverse industry verticals will create several growth opportunities.

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Although Product Demand is High, Covid-19 Pandemic to affect Manufacturing Sectors

The recent coronavirus outbreak has created a sense of panic across the world. Although the impact on the pandemic on the blow moulded plastics is nowhere close to what a few other industries have witnessed, there are still a few drawbacks. The efforts taken to curb the spread of the disease have had a negative impact on the market in recent years.

Accounting to the rapid spread of the disease, manufacturing sectors have been shut down due to lack of manpower and human labor. As a result, there is a huge demand-supply gap in the global market. The slow recovery rate will affect the growth of the market in the foreseeable future.

Company Mergers and Acquisitions are an Increasing Trend Among Major Companies Across the world

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Accounting to the massive demand and increasing applications of blow-molded plastics across the world, companies are focusing on adopting strategies that will help them standout in the competitive environment.

In June 2020, Alpha announced that it has completed the acquisition of Bopla S.A. Alpha’s packaging solutions will be enhanced by Bopla’s blow molded and injection solutions. The latter holds an exceptional portfolio in the blow molding segment and this acquisition will not just help Alpha grow but will also influence the growth of the overall blow molded plastics market in the foreseeable future. The report highlights a few other company mergers of recent times and discusses their impact on the global market.

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Asia Pacific to Emerge Dominant; Demand for Innovative Packaging Solutions to Emerge in Favor of Market Growth

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in Asia Pacific is projected to emerge dominant in the coming years.  The rising demand for blow molded plastics in this region is consequential to the increasing applications in the food and beverage industry. The product is widely used as a packaging material in several other industries across this region.

The increasing population in countries such as India and China will cater to the increasing production capacities of manufacturers in this sector. As of 2019, the market in Asia Pacific was worth USD 37.96 million and this value is projected to rise at a considerable pace in the coming years.

List of the Leading Companies Profiled in the Global Blow Molded Plastics Market Report are:

  • Apex Plastics (U.S.)
  • Inpress Plastics Ltd. (UK)
  • Garrtech, Inc. (Canada)
  • Berry Global, Inc. (U.S.)
  • Comar, LLC (U.S.)
  • Rutland Plastics Ltd. (UK)
  • The Plastic Forming Company, Inc. (U.S.)
  • Agri-Industrial Plastics (U.S.)
  • Creative Blow Mold Tooling (U.S.)
  • North American Plastics, Ltd. (U.S.)
  • INEOS Group (UK)
  • Other

Browse Detailed Overview of This Research:

https://www.fortunebusinessinsights.com/industry-reports/blow-molded-plastics-market-101772

Industry Developments:

January 2020: Comar announced that it has completed the acquisition of iMARK Molding. The former is a supplier of rigid plastic packaging for food & beverages, medical, and and electronics acquired.

Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Emerging Trends
  • Key Insights
    • Overview of the Parent/Related Markets
    • Industry SWOT Analysis
    • Regulatory Analysis
    • Recent Industry DevelopHouseholdts – Policies, Partnerships, New Product  Launches, and Mergers & Acquisitions
  • Qualitative Insights- Impact of COVID-19 on Market
    • Supply Chain Challenges
    • Steps Taken by Companies/ Association to counter the impact
    • Future Outlook
  • Global Blow molded plastics Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Resins (By Value & Volume)
      • Polyethylene Terephthalate (PET)
      • Polyethylene (PE)
      • Polypropylene (PP)
      • Polyvinyl Chloride (PVC)
      • Polystyrene (PS)
      • Acrylonitrile butadiene styrene (ABS)
      • Others (Polycarbonate, Polyamide, etc.)
    • Market Analysis, Insights and Forecast – By Molding Method
      • Extrusion Blow Molding
      • Injection Blow Molding
      • Stretch Blow Molding
      • Rotational Blow Molding
      • Others (reaction, compression transfer, etc.)
    • Market Analysis, Insights and Forecast – By Application
      • Transportation
      • Packaging
      • Building & Construction
      • Electrical & Electronics
      • Consumer products
      • Others (medical, marine, etc.)
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia pacific
      • Latin America
      • Middle East & Africa

TOC Continued…!

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Have a Look at Related Research Insights:

Plastic Compounding Market Size, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Poly Vinyl Chloride, Polystyrene, Polyethylene, Polybutylene Terephthalate, Polyamide, Polycarbonate, Acrylonitrile Butadiene Styrene, and Others), By Application, and Regional Forecast, 2019-2026

Plastic Container Market Size, Share & Industry Analysis, By Material (PET, PP, HDPE, LDPE, and Others), By Container Type (Bottle & Jars, Pails, Tubs, Cups & Bowls, and Others), By End-Use (Beverages, Food, Pharmaceuticals & Cosmetics, FMCG, and Others), and Regional Forecast, 2019-2026

Plastics Market Size, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile), and Regional Forecast, 2019-2026

Injection Molded Plastics Market Size, Share & Industry Analysis, By Resin (Polypropylene (PP), Acrylonitrile butadiene styrene (ABS), High-density polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Automotive, Packaging, Building & Construction, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

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Source: https://markets.businessinsider.com/news/stocks/blow-molded-plastics-market-to-reach-usd-100-13-billion-by-2027-demand-for-innovative-packaging-will-emerge-in-favor-of-market-growth-says-fortune-business-insights-1029584409

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Brady Corp. Guides FY21 EPS In Line With Estimates – Quick Facts

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(RTTNews) – While reporting financial results for the second quarter on Thursday, Brady Corp. (BRC) initiated its earnings guidance for the full-year 2021.

For fiscal 2021, the company now expects earnings in a range of $2.48 to $2.58 per Class A nonvoting common share on organic sales growth in the mid-single digit percentage.

On average, four analysts polled by Thomson Reuters expect the company to report earnings of $2.54 per share for the year. Analysts’ estimates typically exclude special items.

Source: https://markets.businessinsider.com/news/stocks/brady-corp-guides-fy21-eps-in-line-with-estimates-quick-facts-1030096577

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Global Toys and Games Industry Overview 2020: The Industry Pre-coronavirus / Leading Companies and Brands / Top Trends Shaping the Industry

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DUBLIN, Feb. 18, 2021 /PRNewswire/ — The “Toys and Games Global Industry Overview” report has been added to ResearchAndMarkets.com’s offering.

Global Toys and Games Industry Overview global briefing offers a comprehensive guide to the Toys and Games market at an international level. It looks at both global and regional level performances as well as providing category and channel analysis. It identifies the leading companies and offers strategic analysis of key factors influencing the industry, new product developments as well as future trends and prospects.

The toys and games industry sees positive growth, although with setbacks due to Coronavirus. In traditional toys, long-term opportunities lie in licensing and categories combining play, education and skill-building experience. Broader exposure to digital content at a young age, supported by school curricula and enhanced by COVID-19-driven hometainment, will support focus on digitalisation and connected experience. Hometainment is also set to support further growth of video games and e-sports.

Product coverage: Traditional Toys and Games, Video Games.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Toys and Games market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Key Topics Covered:

  • Introduction
  • The Industry Pre-coronavirus
  • Leading Companies and Brands
  • Top Trends Shaping the Industry
  • Global Outlook
  • Market Snapshots

For more information about this report visit https://www.researchandmarkets.com/r/g9cs33

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Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com   

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Eureka College to Launch Cybersecurity Bootcamp with Cybint

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EUREKA, Ill., Feb. 18, 2021 /PRNewswire/ — Eureka College is partnering with global cybersecurity education leader Cybint to launch the forthcoming remote Cybersecurity Bootcamp.

The Cybersecurity Bootcamp at Eureka College is an accredited cybersecurity training program designed to successfully prepare people with little or no background in IT for entry level jobs in cybersecurity, a highly in-demand and lucrative career path. 

“In the state of Illinois, there are over 17,000 cybersecurity job openings across all sectors,” Eureka College Provost Dr. Ann Fulop said. “Eureka College’s cybersecurity bootcamp will prepare the workforce to help meet this need. For people who want to change careers or begin a career, this program is for them.”

The Bootcamp, which will launch this summer, will provide participants with intensive training to help them transition into entry-level positions in cybersecurity, while leveraging existing relationships with large companies, such as Boeing and Caterpillar.

The Cybint Bootcamp is structured to future-proof workers with the knowledge they need to expand their horizons and become cybersecurity professionals. The collaboration with Eureka College is the second partnership with an educational institution in Illinois.

“We’re excited to partner with Eureka College,” says Roy Zur, Founder and CEO of Cybint. “Between this partnership and the existing relationships with companies that are eager to expand their cyber teams, we are making a real impact locally and beyond. This is rewarding on many levels for all of us, as we will strengthen the careers and collective livelihoods of all participants within the communities.”

For more information about the Eureka College Cybersecurity Bootcamp, powered by Cybint, visit www.eureka.edu/cybersecurity.

If you have questions about the training program, contact Eureka College Assistant Director of Continuing Education and Transfer Enrollment Katelyn McDougall at kmcdougall@eureka.edu or call 309-467-6344.

About Cybint

Cybint is a global cyber education company with a commitment to reskilling the workforce and upskilling the industry in cybersecurity. With innovative and leading-edge education and training solutions, Cybint tackles cybersecurity’s two greatest threats: the talent shortage and the skills gap. The Cybint team is comprised of military cyber experts, industry professionals, and educators united under the vision of creating a safer digital world through education, training, and collaboration. For more information, visit www.cybintsolutions.com

About Eureka College

Located in Eureka, Illinois, and chartered in 1855, Eureka College cultivates excellence in learning, service and leadership while providing students uniquely personalized and custom educational opportunities.

Originally founded by abolitionist members of Christian Church (Disciples of Christ), Eureka College holds the unique distinction of being the first college in Illinois and only the third in the nation to admit men and women on an equal basis. The College, which is located on nearly 70 wooded acres in central Illinois, is the smallest of only 24 colleges and universities to ever award a bachelor’s degree to a future President of the United States. For more information, visit: https://www.eureka.edu/

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Marriott International Inc. Q4 adjusted earnings of $0.12 per share

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(RTTNews) – Below are the earnings highlights for Marriott International Inc. (MAR):

-Earnings: -$164 million in Q4 vs. $279 million in the same period last year. -EPS: -$0.50 in Q4 vs. $0.85 in the same period last year. -Excluding items, Marriott International Inc. reported adjusted earnings of $39 million or $0.12 per share for the period. -Revenue: $2.17 billion in Q4 vs. $5.37 billion in the same period last year.

Source: https://markets.businessinsider.com/news/stocks/marriott-international-inc-q4-adjusted-earnings-of-0-12-per-share-1030096551

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