Rising applications in automobile industry and tank manufacturing is the major factor influencing market growth.
The global Rotomoulding Powder Market is expected to reach USD 37.95 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the rising applications in material handling, automotive, and construction industry owing to better molding efficiency and benefits of rotomoulding using powder resins due to its improved mold flow, excellent stress bearing property, and high impact resistance benefits.
Some plastics, such as PVC degrade during the long heating cycles or when melted during the process of turning them into a powder. This may be a restraining factor for the market.
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The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans. It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, brand promotions, and corporate deals, among others.
Key companies operating in the market and profiled in the report include:
Broadway Colours, BASF S.E., DuPont, Dow Chemical Company, ExxonMobil, Pacific Poly Plast, Kiel Industries, VPals, Ramdev Polymers, Green Age Industries, Matrix Polymers, LyondellBasell, PHYCHEM TECHNOLOGIES PVT. LTD, A. Schulman, Inc., SABIC Reliance Industries Limited, and TOTAL S.A.. among others.
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The Rotomoulding Powder market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.
Segments Covered in the report
Product type Outlook (Volume, Kilo tons; 2018-2028 and Revenue, USD BIllion; 2018-2028)
- Polyvinyl chloride
- Nylon
- Polyethylene
- Low Density Polyethylene (LDPE)
- Linear Low Density Polyethylene (LLDPE)
- Medium Density Polyethylene (MDPE)
- High Density Polyethylene (HDPE)
- Cross Linked Polyethylene(PEX)
- Polypropylene
- Polycarbonate
- Special purpose products
- Aluminum
- Acrylonitrile butadiene styrene (ABS)
- Acetal
- Acrylic
- Epoxy
- Fluorocarbons
- Ionomer
- Polybutylene
- Polyester
- Polystyrene
- Polyurethane
- Silicone
- Various foods (especially chocolate)
End user equipment Outlook (Volume, Kilo tons; 2018-2028 And Revenue, USD BIllion; 2018-2028)
- Rock and roll machine
- Clamshell machine
- Vertical or up over rotational machine
- Shuttle machine
- Swing arm machine
- Carousel machine
- Wytkin Composite Mold (CMT) Technology
Applications Outlook (Volume, Kilo tons; 2018-2028 And Revenue, USD BIllion; 2018-2028)
- Industrial
- Tanks
- Automotive Components
- Packaging
- Travel Tourism
- Toys
- Sports
- Transportation
- Furniture
- Medical
- Construction
- Decorative
- Others
Key Regions Analyzed in the Report include:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
Furthermore, it consists information about individual segment of the Rotomoulding Powder market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.
Further key findings from the report suggest
- The market is segmented on the basis of product type into PVC, Nylon, Polycarbonates, Polypropylene, Polyethylene and Special purpose products. In terms of revenue contribution, polyethylene segment dominated the market. It accounted for about 44% of the market share in 2018.
- Applications of polyethylene products in various applications such as telecom, automobile industry, industrial packaging, etc. may drive the growth of the segment.
- The market is segmented on the basis of end user equipment into rock and roll machine, clamshell machine, vertical or up over rotational machine, shuttle machine, swing arm machine, carousel machine and Wytkin composite mold technology (CMT).
- Caronsel or multiple-spindle type machine segment accounted for the largest market share in 2018 and is expected to grow at a CAGR of 8.9% during the forecast period, since it is available in a wide range of size molds, with various cycle times and thickness needs.
- The market is segmented on the basis of applications into industrial, tanks, automotive components, packaging, furniture, medical, travel tourism, toys, sports, transportation, construction, decorative, and others. In terms of revenue contribution, tanks segment dominated the market of global rotomoulding powder. It accounted for about 32% of the market share in 2018.
- The increasing demand for septic and water storage tanks, due to the rapid residential and commercial applications in the developing regions, particularly in India, China, and South Africa will contribute to the growth of the market.
- The market is segmented on the basis of geography by North America, Europe, Asia Pacific, Latin America and MEA. North America dominates the global market, in 2018 with 27.0% of the market share, attributed to the booming sports nutrition industry.
- This is mostly due to increasing demand for plastic based products such as automotive fuel tanks and medical equipment in the region.
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