Rotomoulding also known as rotational molding refers to a process that is used in the manufacture of plastic moulds without the application of pressure as compared to other moulding process. The major difference between rotomoulding and other method is that the plastic or resin powder is used to produce moulds. The rotomoulding powder melts in the mould. The mould is rotated in biaxial direction. The rotomolding powder process is cost effective and the end products are used in the manufacture of hollow articles.
MARKET DYNAMICS
The increase in the demand for lightweight vehicles in the automotive industry favors the market for rotomoulding powder market. Besides this, an upsurge in the demand from furniture and home interior industry as rotomoulding powder is used in the manufacture of furniture components and interiors, also drives the market growth. However, fluctuation in the prices of raw material and stringent government regulations regarding plastic production restricts the growth of rotomoulding powder market. The growing travel & tourism owing to improved consumer spending in water adventure events and the use of recreational boats is expected to boost the demand for rotomoulding powder market in the near future.
MARKET SCOPE
The "Global Rotomoulding Powder Market Analysis to 2028? is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rotomoulding powder market with detailed market segmentation by product, application and geography. The global rotomoulding powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rotomoulding powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rotomoulding powder market is segmented on the basis of product and application. On the basis of product, the rotomoulding powder market is segmented into linear polyethylene, low density polyethylene, linear low density polyethylene, medium density polyethylene, high density polyethylene, PVC plastisols and polycarbonate nylon polypropylene. As per application the market is broken into consumer products, storage tanks, automotive components, industrial packaging and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global rotomoulding powder market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The rotomoulding powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the rotomoulding powder market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rotomoulding powder market in these regions.
MARKET PLAYERS
The reports cover key developments in the rotomoulding powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from rotomoulding powder market are anticipated to lucrative growth opportunities in the future with the rising demand for rotomoulding powder market in the global market. Below mentioned is the list of few companies engaged in the rotomoulding powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rotomoulding powder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Broadway Colours Ltd.
- CP Powders Sdn Bhd
- Exxon Mobil Corporation
- GreenAge Industries
- LyondellBasell Industries N.V.
- Matrix Polymers Limited
- Phychem Technologies Pvt. Ltd.
- Reliance Industries Limited
- SABIC
- Star Rotoplast
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