Rotomolding Market Segmentation:
Rotational Molding Machine
The rock & roll segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the higher utilization of these machines in the production of cooler and other sort of tanks. Rotomolding in cooler is used for ice retention and they are most suitable for withstanding long-term use. Therefore, rotomolded coolers becomes durable and considered to be hard-sided ice chests. As of 2022, approximately 30 million units of the cooler were produced across the globe which is further anticipated to reach nearly 45 million by the year 2026.
End-user
The automotive segment is expected to garner a significant share. Rotomolding is highly used in the automotive industry to manufacture robust and durable automotive parts. The process of rotomolding includes a heated hollow mold filled with material and then it is rotated to soften the material for easy disperse and take the desired shape by sticking to the walls of the mold. Hence, as the production of vehicle rises, the demand for rotomolding in automotive industry also escalates. For instance, in 2021, nearly 80 million unite of motor vehicles were produces across the globe.
Our in-depth analysis of the global market includes the following segments:
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By Rotational Molding Machine |
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By Type |
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By Application |
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By End-User Industry |
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