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Rotomoulding Powder Market Top Key Players: BASF, Dow Chemical Company, Reliance Industries, Phychem Technologies, Matrix Polymers D&M Plastics, and Exxon Mobils
Global Market Insights, Inc.
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Upsurge in the industrial sector supported by various government policies likely to propel the rotomoulding powder market. Rising necessity for fuel tanks, chemical tanks, material handling products, solid waste management products driving product demand. Key properties including flexibility, seamless construction, double wall products, low cost, foamed products, and easy to vary thickness supporting product application scope.
Surging packaging demand for various consumer products will proliferate the rotomoulding powder market expansion. Easy availability of raw materials, and long-term supply contracts with key distributors will further enhance the business size in the developing countries such as India, China, and Indonesia. Manufacturers are expected to invest in capacity expansion to gain competitive advantage.
High-density polyethylene market is anticipated to witness CAGR over 17% by revenue in the forecast period 2018 to 2024. Increasing films & pipes demand in the agricultural industry, rising usage in manufacturing UV tarpaulins & protective sheets for high quality weather protection, and growing aesthetics importance will propel the rotomoulding powder market growth. Rapid expansion of FMCG industry across Asia Pacific region will further drive demand for high-density polyethylene.
Tanks application is projected to surpass USD 9 billion in the forecast period 2018 to 2024. Surging demand for the septic & water storage tanks particularly in South Africa, China, and India owing to the rapid development in residential & commercial sector will support the industry growth. Ease of handling, low cost and light weight properties will enhance the rotomoulding powder demand for tanks manufacturing.
Material handling application will witness a CAGR over 18% by volume in the forecast period 2018 to 2024. Factors such as convenient goods mobility, flexibility in warehouse operations, reducing excessive downtime fueling rapid technological advancements. Increasing demand for roller conveyer, screw conveyer, magnetic belt conveyer, forklifts, platform truck, and load trolleys across industrial sector will enhance rotomoulding powder market development.
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Partial Chapter of the Table of Content
Chapter 3. Rotomoulding Powder Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Raw material trends
3.6. Industry best practices & key buying criteria
3.6.1. Unmet needs
3.6.2. Social & cultural impact forces
3.6.3. Information search
3.6.4. Evaluation of alternatives
3.6.5. Purchase decision
3.6.6. Post purchase behavior
3.7. Regulatory landscape
3.7.1.1. North America
3.7.1.2. Europe
3.7.1.3. Asia Pacific
3.7.1.4. Latin America
3.7.1.5. MEA
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Growth potential analysis
3.11. Competitive landscape, 2017
3.11.1. Market share analysis, 2017
3.11.2. Key stake holders
3.11.3. Strategy dashboard
3.12. Porter's analysis
3.13. PESTEL analysis
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Asia Pacific rotomoulding powder market accounted over USD 2 billion in 2017. Escalating commercial & residential infrastructure owing to the rising income levels coupled with growing population will proliferate the product demand in various applications. Increasing necessity for containers, water storage tanks, and other plastic products will boost regional rotomoulding powder market share.
North America is projected to surpass 5,000 kilotons in the forecast period 2018 to 2024. Ongoing technological advancement across leisure, material handling, and construction equipment?s is anticipated to generate strong product demand across the region. Strong presence of key manufacturing companies and raw material suppliers will also support regional rotomoulding powder market growth over the projected timeframe.
Global rotomoulding powder market key industry players include Green Age Industries, Broadway Colours, A. Schulman Inc., Pacific Poly Plast, Matrix Polymers, Phychem Technologies Pvt. Ltd., Reliance Industries Limited, Du Pont. Other prominent industry players are D&M Plastics, SABIC, Kiel Industries, The Dow Chemical Company, Exxon Mobil, BASF and Lyondell Basell. Business strategies including mergers and acquisitions along with various joint venture opportunities will further strengthen the global presence. For instance, in July 2018, German company BASF SE acquired Advanc3D Materials GmbH and the French firm Setup Performance to gain competitive edge.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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