Stratview Research has recently published a report on the Rotomoulding Powder Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.
The market is segmented by Product Type (Polyethylene [Linear Low-Density Polyethylene, High-Density Polyethylene, Medium-Density Polyethylene, and Low-Density Polyethylene], PVC Plastisol, and Others [Nylon, Fluorocarbons, Polystyrenes, and Polyurethanes]), by Application Type (Tanks, Containers, Automotive, Construction, Material Handling, Leisure, Toys, and Others [Marine, Industrial, and Medical Products]), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Rotomoulding Powder Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Rotomoulding Powder Market is estimated to grow from USD 7.04 billion in 2021 to reach USD 21.64 billion by 2028 at an impressive CAGR of 16.97% during the forecast period.
What is rotomoulding powder?
Rotomoulding is a process used to mold plastic materials in high temperature without the application of any external pressure in the usage of base materials, which include polyethylene, polyamide, and plastisol. Manufacturing companies use rotational casting techniques to manufacture plastic products. Technological advancements are surging towards the adoption of a cost-effective method that is used in manufacturing high-end plastic products.
Some of the companies drive the market growth:
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By Product Type
The market is segmented as polyethylene, PVC plastisol, and others. The polyethylene segment held the largest share of the market in 2021, and is expected to remain dominant during the assessment period. The growth of the segment can be attributed to the properties owned by polyethylene powder, such as excellent moldability and remarkable thermal stability with superior strength. Furthermore, linear low- density polyethylene is estimated to be the fastest-growing sub-segment due to its higher stiffness, exceptional impact strength and strong stress-crack resistant property.
North America is estimated to be the largest as well as the fastest-growing market for rotomoulding powders during the forecast period. The presence of major plastic manufacturing companies and suppliers in the USA and Canada are driving the North American market. Varied applications and usages of plastics in the USA generate the overall demand for the market. On the other hand, in the APAC region developing economies, such as China, Japan, South Korea and India also offer lucrative growth opportunities during the assessment period. Europe is also expected to offer substantial progress opportunities over the assessment period.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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