Rotomolding Compounds Market 2022-2031
New Study Reports “Rotomolding Compounds Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031” has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Rotomolding Compounds Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Rotomolding Compounds Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The global rotomolding compounds market is estimated to surge at 11.2% CAGR and close in on a valuation of US$ 7.8 Bn by 2031. Demand for rotomolding compounds is expected to remain prominent for hollow tanks application, especially for storage and portable water tanks.
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North America is anticipated to remain a key consumer and exporter of rotomolding compounds as compared to other regions. Regional growth is mainly contributed by the U.S., owing to strong presence of resin manufacturing companies and distributors/suppliers in the country.
Key Players:
The report has profiled some of the important players prevalent in the global like – Exxon Mobil Corporation, Dow Inc. Chevron Phillips Chemical Company LyondellBasell Industries N.V. ASH Industries Interplastic Corporation NOVA Chemicals Corporation Solvay SA KMI Group Inc. Braskem Starrotoplast Excelsior Roto Moulding Ltd Roto Polymers Reliance Industries Limited. Matrix Polymers Moharamplast S.A.E Eco Polymers SCG Chemicals Co., Ltd., FINE POLYCRAFT PVT. LTD., and PHYCHEM TECHNOLOGIES PVT. LTD and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Rotomolding Compounds Market.
As rotomolding compounds are favorable over other molding technologies owing to consistent wall thickness, high durability, high strength, and stability, and among other characteristics, it expected to create more opportunities for market players in the near future.
- Lyondellbasell has come up with a step to advance the circular economy by making virgin quality polymers from raw material, which will be derived from plastic waste, in Wesseling Germany. By doing thermal conversion of plastic waste, this raw material will be converted into ethylene and propylene, and then will get processed into polypropylene and polyethylene for plastic production.
Key Takeaways from Market Study
- Storage tanks are expected to remain a key application area of rotomolding compounds.
- North America is expected to account for a prominent share in the global market, estimated to consume around 47% of overall rotomolding compounds.
- Demand for base resins is anticipated to witness substantial growth at 10% CAGR over the decade.
- Polyethylene base resin is expected to remain a key material owing to its significant superior characteristics as compared to other resins.
“Key competitors across the world are working on strategic acquisitions to acquire a competitive advantage, as well as increasing R&D initiatives for providing environment-friendly plastic materials,” says a Persistence Market Research analyst.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Rotomolding Compounds Market Manufacturers
Rotomolding Compounds Market Distributors/Traders/Wholesalers
Rotomolding Compounds Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Rotomolding Compounds Market – Report Highlights
- A detailed overview of parent market of Rotomolding Compounds Market
- Changing Rotomolding Compounds Market dynamics in the industry
- In-depth segmentation of the Rotomolding Compounds Market
- Historical, current, and projected Rotomolding Compounds Market size regarding volume and value
- Recent industry trends and developments in Rotomolding Compounds Market
- Competitive landscape of the Rotomolding Compounds Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Rotomolding Compounds Market performance
- Must-have information for Rotomolding Compounds Market players to sustain and enhance their market footprint
Key Questions Answered in the Rotomolding Compounds Market Report
How is the Rotomolding Compounds Market expected to grow over the projected period?
What direction is the Rotomolding Compounds Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Rotomolding Compounds Market in future?
What are the key market drivers in the Rotomolding Compounds Market?
What are significant opportunities and improvement areas for Rotomolding Compounds Market manufacturers?
What are the key developments and trends taking over the Rotomolding Compounds Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Rotomolding Compounds Market?
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