Press release
Rotomoulding Powder Market to Develop Rapidly by 2027
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Rotomoulding Powder Market: Drivers and Restraints
In rotomoulding no pressure is applied and the moulds used are less expensive, hence this method is cost effective method, which is a major driver for the growth of global rotomoulding powder market. The availability of wide variety of rotomoulding powders depending on the requirements of end-use application is expected to boost the consumption of rotomoulding powders. The diverse applications of rotomoulding in industrial packaging, flexible packaging, telecom ducting, blow moulding etc. is anticipated to increase the demand for rotomoulding powders. The availability of rotomoulding powders with advanced features such as UV resistant and flame retardant properties is anticipated to boost the growth of global rotomoulding powders market. The rise in demand for plastic storage tanks is expected to contribute to the growth of rotomoulding powders market.
Rotomoulding Powder Market: Segmentation
On the basis of material,the global rotomoulding powder market can be segmented as follows:-
Polyethylene
Low Density Polyethylene (LDPE)
Linear Low Density Polyethylene (LLDPE)
Medium Density Polyethylene (MDPE)
High Density Polyethylene (HDPE)
PVC Plastisols
Polycarbonate Nylon Polypropylene
On the basis of application,the global rotomoulding powder market can be segmented as follows:-
Consumer Products
Storage Tanks
Automotive Components
Industrial Packaging
Rotomoulding Powder Market: Region Wise Outlook
The global rotomoulding powder market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Western Europe accounts for major share in global rotomoulding powder market. This is attributed to the strong presence of manufacturing industries in the region. The adoption of rotomoulding technique in manufacturing automotive components and industrial packaging products is expected to drive the growth of rotomoulding powders market in this region. North America contributes a significant share in rotomoulding market, due to increasing demand for plastic based products such as medical equipment and automotive fuel tanks. APEJ is expected to account for major share in global rotomoulding powder market over the forecast period. The increasing demand for water storage and water treatment tanks in emerging economies is anticipated to contribute to the growth of rotomoulding market in the region.
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Rotomoulding Powder Market: Key Players
Some of the key players in the global rotomoulding powder market are as follows:
Broadway Colours
Green Age Industries
PACIFIC POLY PLAST
DuPont
Matrix Polymers
Reliance Industries Limited
A. Schulman, Inc.
PHYCHEM TECHNOLOGIES PVT. LTD.
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