Hi, what are you looking for?

Transparency Market Research delivers key insights on the global rotomolding market. In terms of revenue, the global rotomolding market is estimated to expand at a CAGR of 5.9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global rotomolding market.

Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=69095

The global rotomolding market is broadly affected by several factors, including rise in usage of rotomolding in the building & construction sector. Thus, increase in applications of rotomolding in different sectors is propelling the global rotomolding market.

The global population is estimated to increase from 6.4 billion in 2005 to 8.2 billion by 2031. Increasing population and rapid urbanization in developing countries have put significant pressure on natural resources. The global population is not only growing, but it is rapidly migrating from rural areas to urban areas. This is creating water issues. Proper water conservation with water storage tanks is required for the sustainable development of mankind.

According to the information published by Reliance Industries Limited (RIL), a leading manufacturer of polyethylene and polypropylene resin, around 95% of rotomolders in India depend on the water tanks segment, which constitutes 80% share of the rotomolding industry in India.

Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=69095

More than 200 rotomolders operate across India. These consume 70 kilo tons of different grades of polymers per annum. Rise in awareness and access to the global market have prompted India-based rotomolders to manufacture custom-made/industrial products such as fuel tanks, chemical tanks, material handling products, and solid waste management products. As per the RIL report, annual growth rate of the rotomolding industry in India stands at around 20%. This is likely to continue due to a scarcity of water and increase in building and construction activities in the country.

Governments of countries such as Bahrain, India, Kingdom of Saudi Arabia, and the UAE are planning to build homes to cater to the housing needs of the increasing population. Rise in housing construction activities and water scarcity in these countries is boosting the demand for water storage tanks for residential applications. This, in turn, is anticipated to boost the demand for rotomolding.

Asia Pacific dominated the global rotomolding market, accounting for 51.50% share in 2020. The expansion of the rotomolding market in the region can be ascribed to low price of rotomolding as compared to that in other regions. The rise in population in Asia Pacific is fueling the demand for housing facilities, especially in China and India. This, in turn, is driving the demand for rotomolded water tanks in the region.

Get COVID-19 Analysis – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=69095

Market share held by North America is estimated to increase by 0.2% by 2031, owing to the increase in regulations on the manufacture of rotomolded plastics in the region. Market share held by Latin America and Middle East & Africa is anticipated to decline by 2031, due to the presence of less number of rotomolders in these regions compared to that in other regions.

The global rotomolding market was highly fragmented in 2020. Tier 1 companies accounted for 25% to 35% share of the rotomolding market in 2020. Tier 1 companies comprise major players such as A.G. Industries Pvt. Ltd, Dutchland Plastics, Roto Dynamics Inc., and PartnerPlast Group. These players have considerable presence across the globe. Tier 2 companies operating in the rotomolding market include Rototek Ltd., Rotoplast SAS, Carris Pipes & Tubes Private Limited, Fixopan, Sherman Roto Tank, and several small-scale regional players.

Rotomolding Market, by End-use Industry

Fly Ash Market – https://www.transparencymarketresearch.com/fly-ash-market.html

Unsaturated Polyester Resins Market – https://www.transparencymarketresearch.com/unsaturated-polyester-resin.html

Circulating Fluidized Bed (CFB) Boilers Market – https://www.transparencymarketresearch.com/cfb-market.html

Pharmaceutical Packaging Market – https://www.transparencymarketresearch.com/pharmaceutical-packaging-market.html

Energy Management Systems (EMS) Market – https://www.transparencymarketresearch.com/energy-management-systems-market.html

Space Grade Connectors Market – https://www.prnewswire.com/news-releases/space-grade-connectors-market-attracts-profitable-prospects-with-rising-space-exploration-activities-globally-states-tmr-study-301562012.html

Lime Market – https://www.prnewswire.com/news-releases/lime-market-to-surpass-valuation-of-us-78-1-bn-by-2031-tmr-study-301572780.html

Smart Glass Market – https://www.transparencymarketresearch.com/smart-glass.html

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Rohit Bhisey Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: https://www.transparencymarketresearch.com/

Kateryna never takes pictures with comrades before going to the front line — t's bad luck.

From British Columbia, down through Washington and Oregon - temperatures have been record-breaking.

Elon Musk filed claims against Twitter as he fights back against the tech firm's lawsuit demanding he be held to his $44 billion buyout...

The head of The Prince’s Foundation resigned last year after an internal investigation into the allegations.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.