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Market Overview of Global Rotomolding market:
According to our latest research, the global Rotomolding market looks promising in the next 5 years. As of 2022, the global Rotomolding market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Rotomolding is a production process to form hollow parts of limitless size. Resins are added into a mold that's heated and rotated slowly, both vertically and horizontally. The simultaneous heating and rotation distributes and fuses the resin on the inner surfaces of the mold. The result is a product that contains seamless parts with a uniform wall thickness with more material in corners to absorb shocks and stresses where they occur most. Rotomolding is used to make a very diverse range of products. The process offers the product designer exceptional freedom as just about any shape can be produced. There is almost no limit to the size of moldings and there are literally thousands of applications.
Influence of COVID-19 Outbreak on Rotomolding Industry Development
In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, affected by the supply of raw materials and labor shortages.
For the Rotomolding industry, the blockade policy will affect the supply of raw materials. The social distancing policy may have a great impact on the production of products, especially for some factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.
But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.
Drivers
Compared with other molding processes, rotomolding has design advantages. Through proper design, the parts assembled from several pieces can be molded into one part, thus eliminating the high manufacturing cost. This process also has inherent design advantages, such as uniform wall thickness and strong external corners with almost no stress. In order to increase strength, reinforcing ribs can be designed in parts. As they are designed into parts, they can be added to molds. The ability to separately add preforms to the mold is a great advantage. Before adding plastic particles, metal threads, internal pipes and structures, and even plastics of different colors can be added to the mold. However, care must be taken to ensure that the minimum shrinkage during cooling will not damage the parts. This shrinkage allows for a slight undercut and eliminates the need for an ejection mechanism (for most parts). Another advantage lies in the mold itself. Because they require fewer tools, they can be manufactured and put into production faster than other molding processes. This is especially true for complex parts, because other molding processes may require a lot of tools. Rotomolding is also the preferred process for short-term and emergency delivery. It can quickly change the mold or use a different color without cleaning the mold. For other processes, it may be necessary to clear to exchange colors. Another cost advantage of rotomolding is that the materials wasted in the production process are the least. There are no gates or runners (such as injection molding), and there are no scraps or pinch-off wastes (such as blow molding). Wasted materials, such as scrap or parts from failed tests, can usually be recycled.
Company Overview:
Grupo Rotoplas is one of the major players operating in the Rotomolding market, holding a share of 46.97% in 2022. Grupo Rotoplas is a Mexican multinational company dedicated to the manufacture of water storage and filtration tanks based in Miguel Hidalgo, Mexico City. It has a presence in 13 Latin American countries and the United States. Its main market is Mexico but it also has a presence in Argentina, Brazil, Chile, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Peru and Uruguay.
Aquaplas
Founded in 1978 dedicated to the production and marketing of solutions to store and convey water. Aquaplas has the largest geographic coverage in the industry and installed capacity to supply demand in each area of the country and Central America.
Segmentation Overview:
Among different product types, Polyethylene segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Building & Construction segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Rotomolding market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Rotomolding Market Report:
Market Size Estimates: Rotomolding market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Rotomolding market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Rotomolding market
Segment Market Analysis: Rotomolding market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Rotomolding market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Rotomolding Market: Revenue and sales volume of major countries in each region
Rotomolding Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Rotomolding market in major regions.
Rotomolding Industry Value Chain: Rotomolding market raw materials & suppliers, manufacturing process, distributors, downstream customers
Rotomolding Industry News, Policies & Regulations
Key players in the global Rotomolding market are covered in Chapter 12:
Aquaplas
Puriplas
Grupo Rimova
Contenur
Mexalit
Rotomaq
CITIJAL
Fusion Specialties
Versaplas
Grupo Rotoplas
Spincraft
FORMEC
In Chapter 2 and Chapter 15.1, based on types, the Rotomolding market from 2018 to 2028 is primarily split into:
Polyethylene
Polycarbonate
PVC
Polypropylene
Others
In Chapter 3 and Chapter 15.2, based on applications, the Rotomolding market from 2018 to 2028 covers:
Building & Construction
Automotive & Transportation
Packaging
Agriculture
Sports & Leisure
Furniture & Decoration
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Rotomolding market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028