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Rotomoulding Powder Market, Trends, Drivers, Industry pitfalls And challenges
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Rotomoulding Powder Market size demand is driven by rapid expansion in construction and packaging industries. The product has more durability and quick set up property. Rotomoulding process is also known as rotational molding. This is an operative molding method permitting producers to manufacture durable products at a reasonably lower cost with releasing reduced material leading to diminish environmental pollution.
Increase in the product consumption by automobile industry due to its durability and resistance to corrosion is anticipated to drive rotomoulding powder market growth. Up surging use of plastics in different automotive components have formed potential for the rotational moulding process. By using plastics in the form of powder, it offers advantages over the method including greater flexibility of design, reduced fabrication and tooling costs. Presently parts moulded by rotomoulding technique includes sun visors and arm rest, air conditioner and heater duct work, truck dashboards and filler tubes.
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Rise in applications of the product in agriculture sector tends to propel rotomoulding powder market growth during upcoming span of time. Products including water troughs, cattle feeder and spray tanks use rotational powder in their manufacturing process. Increase agricultural production will result in higher demand of these products, further enhancing rotomoulding powder market growth. The obtainability of extensive variety of this powder depends upon the need of end use application which boosts the rotomoulding powder demand. Rotational moulding is a technique that comprises processing of plastic materials mainly suitable to produce large hollow shapes.
The Rotomoulding Powder Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Rotomoulding Powder Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Rotomoulding Powder Product Insights
5. Rotomoulding Powder Application Insights
6. Rotomoulding Powder Regional Insights
7. Competitor Profiles
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Current technical advancements in terms of material, machineries, moulds, and process control have unlocked new application avenues. Increase demand of plastic storage tanks, such as water storage and water treatment tanks in industrial as well as household sectors, is expected to contribute to the growth of rotomoulding powder market.
In Asia Pacific, the automotive components industry in India has had a healthy growth over the last few years with USD 35 billion in 2016 while exports have increased to USD 12 billion. It is expected that the auto component industry will grow by 10% in the financial year 2018 due to localization by original equipment producer and rising exportation from India. This tends to drive rotomoulding powder market growth during forecasted time frame.
Rotomoulding powder market is fragmented in nature. Some of the key industry participants are Pacific Poly Plast, Reliance Industries, Phychem Technologies, Greenage Industries, Broadway Colours, Kiel Industries, A. Schulman, Shiva Polycompounds, VPals, Ramdev Polymers, Matrix Polymers, CP Powders and D&M plastics.
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Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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About Global Market Insights, Inc.
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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