Global Rotomolding Market, By Product (Polyethylene, PVC Plastisol, Others), Application (Tanks, Containers, Automotive, Construction, Material Handling, Leisure, Toys), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Rotomolding Market
The rotomolding market is expected to witness market growth at a rate of 6.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on rotomolding market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for the product for various industrial applications is escalating the growth of rotomolding market.
Rotomolding which is rotational moulding refers to a plastics moulding technique ideal for making hollow articles. It is defined as a casting technology which does not involve pressure used in other plastics processes. The process is utilized for making wide range of products as it provides the product designer freedom to produce any shape and size.
The rise in the adoption of the moulding technique because of its inexpensiveness as the moulds do not have to withstand pressure acts as one of the major factors driving the growth of rotomolding market. The rise in the production capabilities by the manufacturers in certified rotomolded products currently becoming commonplace in industrial items, treatment systems and tanks, automotive accessories and street furniture among others and the high usage of the process for plastic moulding accelerate the rotomolding market growth. The increase in demand for rotomolded polyethylene owning to its properties such as increased impact strength, high ductility, good chemical resistance and low weight and rise in the utilization of polyethylene for rotomolding because of its recyclable and eco-friendly nature further influence the rotomolding market. Additionally, rise in demand for industrial items, expansion of manufacturing industry, research and development and growth in awareness regarding environmental concerns positively affect the rotomolding market. Furthermore, technological advancements to make processes more productive and improving existing plant operatives extend profitable opportunities to the rotomolding market players in the forecast period of 2021 to 2028.
On the other hand, requirement of high cycle time and limited raw material selection are the factors expected to obstruct the rotomolding market growth. Complexities with the cooling process are projected to challenge the rotomolding market in the forecast period of 2021-2028.
This rotomolding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on rotomolding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Rotomolding Market Scope and Market Size
The rotomolding market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the rotomolding market is segmented into polyethylene, PVC plastisol and others. Polyethylene is further segmented into linear low-density polyethylene, high-density polyethylene, medium-density polyethylene and low-density polyethylene.
- On the basis of application, the rotomolding market is segmented into tanks, containers, automotive, construction, material handling, leisure and toys.
Global Rotomolding Market Country Level Analysis
The rotomolding market is analyzed and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the global rotomolding market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the rotomolding market due to the presence of a large number of end-use industries including food and beverage, healthcare and pharmaceutical and packaging and their expansion in the region. North America is considered as the second largest market owning to the presence of huge number of manufacturers within the region.
The country section of the rotomolding market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Rotomolding Market Share Analysis
The rotomolding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rotomolding market.
The major players covered in the rotomolding market report are BASF SE, Dow, Reliance Industries Limited, Phychem Technologies Pvt. Ltd., Matrix Polymers, Exxon Mobil Corporation, Chevron Phillips Chemical Company LLC, Green Age Industries, Eco Polymers, Perfect Polyplast India Pvt. Ltd., LyondellBasell Industries Holdings B.V., PETROTECH ENTERPRISES L.L.C, Elkhart Plastics, Dutchland Plastics, Roto Dynamics, PartnerPlast, ROTOPLAST SAS, Carris Pipes & Tubes Private Limited, Fixopan, Avada, Interplastic Corporation, NOVA Chemicals Corporate among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.