Asia Pacific Rotomoulding Powder Market size to gain traction by 2024
Category: #business  By Ravi Chawat  Date: 2021-03-15
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Asia Pacific Rotomoulding Powder Market size to gain traction by 2024

Owing to a rising demand for numerous plastic products during construction activities, Asia Pacific rotomoulding powder market has gained immense traction in recent years. Products made from rotational moulding process, also known as rotomoulding, encompass a wide range of applications including storage tanks in residential, agricultural and commercial sectors as well as industrial equipment.

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Foreseeing an increased demand for rotomoulded products, rotomoulding powder manufacturers are offering a variety of polyethylene and polypropylene materials to meet the demand for high-quality plastic parts and equipment.

With a slew of material suppliers and molders present across Asia Pacific, the region continues to drive the development of cutting-edge technology for producing various aesthetic and industrial products. Realization among manufacturers that novel eco-friendly materials can now be produced has created new opportunities for asia pacific rotomoulding powder market.

High-density polyethylene is expected to witness CAGR over 18% in Asia Pacific rotomoulding powder market up to 2024. Key properties such as high rigidness, good moisture resistance, chemical resistance and low-cost driving product sales in packaging industry. Packaging industry is growing at a rapid pace accounting to largest share of plastic consumption and accounted for over 24% share in 2017. Increasing FDI in the region will support adoption of new technologies in warehousing, packaging and cold chain, thus providing lucrative opportunities for manufacturers over the projected timeframe.

Asia Pacific rotomoulding powder market from tanks is estimated to exceed USD 3 billion by 2024. Increasing concern pertaining to water scarcity in India, Vietnam, Philippines and other Asian countries will drive demand for light weight, durability, easy installation, and low-cost storage tanks. Growing demand for economical and hygienic option to store water for prolonged periods in rural areas will boost product sales. In addition, continuous government promotion regarding rainwater harvesting facility in every residential and commercial space will further surge the demand for tanks in the forthcoming years.

India is one of the fasting growing automobile industry and likely to generate new business opportunities for Asia Pacific rotomoulding powder market players. Increasing demand for light weight recreational vehicle parts and equipment which helps in reducing fuel consumption is likely to boost industry revenues. Presence of Reliance industries, one of the major rotomoulding player which continued heavy investment in technology and establishment of strong distribution foothold will also support regional growth.

Table Of Content For This Research Report:

Chapter 3    Asia Pacific Rotomoulding Powder Market, By Material

3.1    Asia Pacific rotomoulding powder market share by material, 2017 & 2024

3.2    Polyethylene

3.2.1    Polyethylene rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.2    Polyethylene rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.3    Linear low-density polyethylene (LLDPE)

3.2.3.1    LLDPE rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.3.2    LLDPE rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.4    High-density polyethylene (HDPE)

3.2.4.1    HDPE rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.4.2    HDPE rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.5    Medium-density polyethylene (MDPE)

3.2.5.1    MDPE rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.5.2    MDPE rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.6    Low-density polyethylene (LDPE)

3.2.6.1    LDPE rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.2.6.2    LDPE rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.3    Polypropylene

3.3.1    Polypropylene rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.3.2    Polypropylene rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

3.4    Others

3.4.1    Other rotomoulding powder market estimates and forecast, 2013 – 2017, (Kilo Tons) (USD Million)

3.4.2    Other rotomoulding powder market estimates and forecast, by country, 2013 – 2017, (Kilo Tons) (USD Million)

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/asia-pacific-rotomoulding-powder-market

Asia Pacific rotomoulding powder market is highly competitive in nature due to the presence of already existing manufacturers and emerging players in the industry. Key industry participants are SCG Chemicals. Co., Ltd, Reliance Industries Limited, LyondellBasell, and Dalian Bona Biological Technology Co., Ltd. Manufacturers are expected to develop strong relationship with other participants in value chain to tackle sourcing requirements and maximize the output.

Browse More Info:

https://www.marketwatch.com/press-release/by-2024-tall-oil-fatty-acid-market-to-grow-at-a-cagr-of-over-4-2021-02-23?tesla=y

https://www.marketwatch.com/press-release/xylenols-market-to-amass-significant-gains-by-2026-2021-02-23?tesla=y

https://www.globenewswire.com/news-release/2018/09/04/1564915/0/en/Metallic-Stearate-Market-to-hit-7bn-by-2024-Global-Market-Insights-Inc.html

https://www.globenewswire.com/news-release/2018/08/06/1547300/0/en/Metallic-Pigments-Market-to-exceed-2-3-Billion-by-2024-Global-Market-Insights-Inc.html

About Author

Ravi Chawat    

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article c...

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