San Francisco, California, Oct 09, 2018: The rising demand for plastic products across consumer and industrial sectors to boost the global rotomolding powder market. In the coming years, the market will witness attractive opportunities in emerging economies, finds TMR Research in a new study, titled “Rotomolding Powder Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028.” The report offers an executive level blueprint of the global rotomolding powder market, covering the various factors impacting its growth trajectory. It is prepared to help the market players have a closer look at the prevailing trends. Also the report includes valuable information about the opportunities and threats in the rotomolding powder market to help companies make winning growth strategies.
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As per TMR Research, the rapidly increasing use of rotomolding powder across diverse applications in material handling, construction, and automotive industries will help the market grow. In addition to this, the market is expected to gain from the rising consumer spending on amusement activities in water adventure events. Furthermore, the increasing demand for boats for recreational purposes will aid the expansion of the global rotomolding powder market.
Regionally, the presence of several leading plastic manufacturers in North America has rendered the region highly lucrative for the market players. Also the increasing demand for high-end plastic in Canada and the U.S. will support the market’s growth in North America. According to the study, the technological advancements witnessed in North America and the demand for the latest construction equipment will fuel the demand for rotomolding plastics in North America. Besides this, the rising demand for plastics and various plastic materials will create attractive growth opportunities in Asia Pacific.
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The report also profiles companies such as Matrix Polymers, LyondellBasell N.V., BASF, Exxon Mobils, Dow Chemical Company, and Reliance Industries for the purpose of the