What is Rotomolding Powders?
Rotomoulding Powder is used for the process of rotational molding, which is used for manufacturing plastic molds without any interferences of any pressure. This powder has the capability to mix itself into the mould. These powders are available in different grades so that they can be available for different types of industries such as telecom ducting, flexible packaging, industrial packaging, blow molding, etc. All these factors are expected to boost the demand for roto molding powders.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF (Germany), Reliance Industries (India), SABIC (Saudi Arabia), The Dow Chemical Company (United States), Chevron Phillips Chemical Company (United States), D&M Plastics (United States), Exxon Mobil (United States), Lyondell Basell (Netherlands), GreenAge Industries (India) and Matrix Polymers (United Kingdom) |
CAGR | 13.5% |
The study covers a detailed analysis segmented by key business segments i.e. by type (Polyethylene, PVC Plastisol and Polycarbonate) , by application (Tanks, Containers, Automotive, Construction, Material Handling, Leisure and Toys) and major geographies. Research Analyst at AMA predicts that United States and India Vendors will contribute to the maximum growth of Global Rotomolding Powders market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Rotomolding Powders market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are BASF (Germany), Reliance Industries (India), SABIC (Saudi Arabia), The Dow Chemical Company (United States), Chevron Phillips Chemical Company (United States), D&M Plastics (United States), Exxon Mobil (United States), Lyondell Basell (Netherlands), GreenAge Industries (India) and Matrix Polymers (United Kingdom).
Market Overview:
In November 2022, Tank Holding, North America’s largest rotational molder, acquired Solar Plastics, a MN-based rotational molder owned by ATEK Companies Inc. Solar Plastics offers turnkey solutions and services utilizing the rotational molding process.
According to Stein, Congress could shape federal policy by following existing local and state laws that have already been crafted to tackle plastic problems with bans on all types of single-use plastic items, from bags to expanded polystyrene foam food containers to straws.
Influencing Trend:
Acceptance of Rotomoulding Powders with Advanced Features Such as UV Resistant and Flame Retardant Properties and Growing Demand for Polyethylene-Based Products
Market Growth Drivers:
Increasing Demand from Telecom, Construction, and Many More Industries, Surging Demand for Plastic Products as Decorative Items, Attractive Showpieces, Interiors and Increase In Household Earning and Infrastructural Development Globally
Challenges:
Fluctuating Raw Material Prices for These Powders and Health Concern Due to the Gases Evaporated From Plastic Degradation
Restraints:
Stringent Government Regulation for Plastic Production
Opportunities:
Growing Demand for Plastic Storage Tanks in Developing Nations and Rising Demand for Toys Especially in Asia Region
Key highlights of the Global Rotomolding Powders market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Rotomolding Powders market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Rotomolding Powders market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Rotomolding Powders Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rotomolding Powders market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Rotomolding Powders market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment>.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.