Rotomoulding Powder Market To Reach USD 31.99 BIllion By 2026

Rotomoulding Powder Market

Research Insights:

Rapidly increasing industrial applications of rotomoulding powder is a key market driver

Rotomoulding – a portmanteau for rotational moulding – is an effective technology for plastic-molding and is ideal for designing hollow articles. This low-pressure plastic-molding process uses heat to produce hollow, one-piece objects. The final product manufactured through biaxial rotation exhibits exceptional pressure-endurance properties, high-impact resistance, UV resistance, and enhanced mold flow. The rotomoulding process, which is primarily used in making toys, tanks, containers, also finds significant use in several industries, including automotive, construction, and healthcare.

Over the past few years, technological advancements in process control and plastic powders have led to the widespread use of rotomoulding powder across various industries. Rotomoulding powder is widely available in several different grades, including high-density polyethylene (HDPE), low-density polyethylene (LDPE), cross-linked polyethylene (PEX), linear low-density polyethylene (LLDPE),  polypropylene, nylon, and PVC (polyvinyl chloride) plastisols. Each of the grades differs from the other on the grounds of melt flow and density. LDPE-based rotomoulding powders find rampant usage in flexible packaging, extrusion coating, and plastic molding. The HDPE-based powders are extensively used in heavy industrial packaging, blow molding, telecom ducting, and making woven sacks, whereas LLDPE-based rotomoulding powders are increasingly being used for manufacturing storage tanks, insulated containers, automotive components, and more.

The global rotomoulding powder market is foreseen to gain immense traction in the forthcoming years, owing to a plethora of market-growth propelling factors. These factors include the surging demand for hollow plastic products like containers, playground equipment, and storage tanks, growing use of rotomoulding powder in making boats, kayaks, etc., increasing sports and recreational activities, growing travel & tourism, the expanding packaging industry, and the proliferating sales of home interiors, decorative items, and furniture & fittings. Growing medical applications of rotomoulding powder, such as making hospital beds, spinal boards, implantable medical devices, etc., have boosted the global market growth in recent years. Rotomoulding powder is widely employed in the manufacture of various automotive parts. Hence, escalating sales of automobiles, especially SUVs and EVs, coupled with strict government norms regarding carbon emissions leading to the use of plastic components in vehicles, have further bolstered market expansion. However, the fluctuating prices of raw materials and restricted plastic production in many countries due to the emission of hazardous, carcinogenic gases have inhibited the global rotomoulding powder market growth to a major extent. According to Reports and Data, the polyethylene rotomoulding powder segment dominated the market in 2018 in terms of revenue. The burgeoning use of polyethylene pallets in manufacturing due to properties such as robust molding, toughness, and thermal stability is another key driver for global market growth.

The well-established companies operating in the global rotomoulding powder market are The Dow Chemical Company, Reliance Industries, DuPont, Broadway Colors, BASF, Phychem Technologies, Eco Polymers, Matrix Polymers, Exxon Mobil, Lyondell Basell, Petrotech Group, D&M Plastics, Perfect Poly Plast, Chevron Phillips Chemical Company, GreenAge Industries, and Pacific Poly Plast, among others. In November this year, medical device manufacturer Foster Corp. signed a partnership with Aran Biomedical, the leading Ireland-based biomaterial supplier, to market its flagship implantable polypropylene, called ProTEX Med. Furthermore, in September 2020, Step2, America’s beloved toddler toys manufacturer, expanded its manufacturing capacity with the acquisition of CI Rotomolding USA’s rotomoulding equipment assets. The strategic move is aimed at catering to the surging demand for toys and decorative items.

To read more about the Press Release, visit: @ https://www.reportsanddata.com/report-detail/rotomoulding-powder-market