Rotomoulding Powder Market Size, Share, Growth, And Industry Analysis, By Type (PVC, Nylon, Polycarbonates and Polypropylene), By Application (Construction, Packaging Industries, Automotive Components and Other), and Regional Forecast To 2031

Rotomoulding Powder Market Report Overview

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The global rotomoulding powder market size was USD 11400 million in 2022 & the market is expected to reach USD 26080 million in 2031, exhibiting a CAGR of 9.6% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the rotomoulding powder market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Rotational molding, sometimes referred to as rotomoulding, is a molding technique that produces plastic molds without applying pressure, in contrast to conventional molding techniques. It is more favored since it doesn't require a significant financial outlay and the final goods are employed in a variety of applications. While rotomould is becoming more and more popular, rotomoulding powder—which is used to create the molds—is in great demand. The incorporation of plastic or resin powder to create the molds is one of the main distinctions between rotomoulding and other molding processes. The biaxial rotation of the rotomoulding dust causes it to melt in the mold.

The use of polyethylene in the packaging of numerous industrial and food goods is growing quickly. Due to their low price and outstanding durability, these goods are becoming more and more popular, making them a preferred option for many different industries and end customers. This powder is employed in the production of plastic goods including ornaments, plastic septic tanks, automotive components, plastic packaging, and others.

COVID-19 Impact: Disruption of the Worldwide Supply Chain Led to High Transportation Costs

Rotomoulding powders were in short supply as a result of the pandemic's disruption of the world's supply chain for both raw materials and finished goods. Due to supply chain interruptions, several manufacturers had to contend with delayed deliveries and higher transportation costs. Additionally, the pandemic had reduced need for rotomoulding granules across a number of businesses. The demand for raw materials such as rotomoulding decreased as a result of the closure of numerous industrial plants or their operation at reduced capacity.

Latest Trends

"Creating Powders with Improved Processing Properties to Reduce Waste and Lower Production Costs"

The creation of powders with enhanced processing characteristics is one of the most recent advancements in the rotomoulding powder business. These powders are created to have a lower melt flow rate and a narrower molecular weight distribution, making them simpler to process and producing parts with a higher level of consistency. Additionally, these powders are designed to have a longer shelf life and better storage stability, which minimizes waste and lowers production costs.

Rotomoulding Powder Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into PVC, nylon, polycarbonates and polypropylene.

• By Application Analysis

Based on application, the market can be divided into construction, packaging industries, automotive components and others.

Driving Factors

"Rotomoulding's Increasing Use in the Automobile Industry Will Help the Sector Grow"

Since a few years ago, the automobile industry has seen a rise in demand for lighter cars in an effort to lessen carbon emissions. Automobile manufacturers are under pressure to use materials derived from polymers and plastics as opposed to commodities such as alloys and metals that were used in traditional models as the need for lightweight automobiles grows around the world. In the coming years, it is projected that this factor will contribute to the market for rotomoulding powder expanding.

"Development of Novel Materials and Procedures is Fueling the Global Powder Industry"

The constant development of novel materials and procedures is another driver fueling the global market for rotomoulding powder. High-performance powders with excellent mechanical qualities, thermal stability, and resistance to chemicals and UV radiation have been created as a result of developments in polymer chemistry, material science, and processing technologies. Additionally, the rotomoulding process has become more effective and economical thanks to the development of new molding processes and automation technologies, which is fueling the expansion of the rotomoulding dust industry.

Restraining Factors

"Strict Laws on the Use of Plastic Items Could Restrict the Rotomoulding Market Growth"

In addition to being used to make plastic molds, rotomoulding dust is also employed in the production of storage tanks, cosmetics, medical devices, and other plastic items for use in the automotive, medical, and transportation industries. As a result of the fact that plastic items are one of the main causes of landfills and environmental damage, many nations have either banned their usage entirely or have put in place stringent laws that are expected to eventually restrain the expansion of the rotomoulding powder market growth.

Rotomoulding Powder Market Regional Insights

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"Strict Regulations and Increased Disposable Income are Factors Influencing the Regional Market Expansion"

Due to the strong demand for rotomoulding goods across a variety of industries and the region's quick industrialization and urbanization, Asia Pacific is predicted to lead the rotomoulding powder market share in the upcoming years. The need for rotomoulding products is anticipated to rise in this region as a result of increased consumer disposable income and rising population, which will fuel the market for the powder. The region's growing use of environmentally friendly and sustainable manufacturing techniques is also anticipated to contribute to the market's expansion. Strict environmental restrictions have been put in place in a number of Asia Pacific nations, which is anticipated to increase demand for environmentally friendly rotomoulding granules.

Key Industry Players

"Key Players Focus on Mergers and Partnerships to Gain a Competitive Advantage"

Since there are so many competitors, the rotomoulding dust industry is fragmented by nature but fiercely competitive. To ensure a prominent place in the market rivalry, businesses are pursuing partnerships, joint ventures, and merger and acquisition tactics. On the other hand, players are making investments in the creation of flexible, affordable, and cost-effective smart network management solutions as well as in better pricing models to assure a higher adoption rate and, eventually, more revenues in the upcoming years.

LIST OF TOP ROTOMOULDING POWDER COMPANIES

• Pacific Poly Plast (India)
• Reliance Industries (India)
• Phychem Technologies (India)
• Greenage Industries (India)
• Broadway Colors (U.K.)
• Kiel Industries (Germany)
• A. Schulman (U.S.)
• Shiva Poly Compounds (India)

Report Coverage

This report covers the rotomoulding powder market. The CAGR expected to be in during the forecast period, and also the USD value in 2022 and what it is expected to be in 2031. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.