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Rotomoulding Powder Market Share

Report ID: GMI1337
Published Date: Nov 2024
Report Format: PDF

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Rotomoulding Powder Market Share

Global Rotomoulding Powder Company Market Share Analysis, 2023

In 2023, key companies like BASF, LyondellBasell, Dow, INEOS, ExxonMobil Chemical, Matrix Polymers, Polykemi, and Prime Polymers held a combined market share of 5%-10%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.

Rotomoulding Powder Market Companies

Major players operating in the rotomoulding powder industry are:

BASF
Chevron Phillips
Clariant
Dow
ExxonMobil Chemical
Global Polymers
INEOS Group
LG Chem
Lotus Polymers
LyondellBasell
Matrix Polymers
Polykemi
Prime Polymers
Rakotene
SABIC

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for rotomoulding powder was reached USD 11.5 billion in 2023 and is predicted to grow at a CAGR of over 5.5% from 2024 to 2032, driven by the demand for lightweight, durable, and corrosion-resistant products.

The virgin rotomoulding powder segment accounted for revenue of around USD 7 billion in 2023 and is estimated to grow at a CAGR of around 5.7% from 2024 to 2032, led by its superior quality and performance.

The polyethylene segment held around 46% share of the rotomoulding powder market in 2023 and is anticipated to grow at a CAGR of 5.8% during 2024 to 2032, due to its flexibility, chemical resistance, and ease of processing.

The U.S. region dominated about 82% share of the rotomoulding powder market in 2023, with North America's growth driven by continued investment in infrastructure, particularly in water management, urban development, and transportation.

Major players in the rotomoulding powder industry include BASF, Chevron Phillips, Clariant, Dow, ExxonMobil Chemical, Global Polymers, INEOS Group, LG Chem, Lotus Polymers, LyondellBasell, Matrix Polymers, Polykemi, Prime Polymers, Rakotene, and SABIC.