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Rotomoulding Powder Market Trends

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

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Rotomoulding Powder Market Trends

The rotomoulding industry is increasingly focusing on environmentally friendly materials. With growing global awareness of plastic waste and the importance of circular economies, companies are adopting recycled and bio-based rotomoulding powders. Stricter regulations on plastic recycling and waste reduction are driving manufacturers to use recycled polyethylene (PE), polypropylene (PP), and other sustainable materials.

The ability to utilize post-consumer recycled (PCR) plastics and eco-friendly resins is becoming a key market differentiator, especially for firms targeting eco-conscious consumers and industries. Technological advancements are improving the quality and efficiency of the rotomoulding process. Innovations like 3D printing for intricate and customized moulds are enhancing product quality and reducing production times. Additionally, automated machinery and advanced control systems are increasing precision, making rotomoulding a reliable choice for mass-producing high-quality, durable products.

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.