Rotational Moulding Machines Market is expected to reach US$ 1,089.5 Mn in the year 2029

Press Release from Future Market Insights

The Rotational Moulding Machines Market is estimated at US$ 890 Mn in 2022 and is projected to reach US$ 1,089 Mn by 2029, at a CAGR of 2.9% from 2022 to 2029.

The global rotational moulding machines market forms around 1-2% of the global packaging machinery market worth US$ ~58 Bn in 2021.

As per the FMI analysis, the industrial and manufacturing witnessing astonishing growth in the recent decade are major driving forces behind rising sales of rotational moulding machines. Global sales of rotational moulding machines are expected to reach 10,728 units in the year 2022 and with an estimated rise in demand is anticipated to reach 13,015 units in the year 2029

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The latter half of the 20 th  century saw improvement in the products made, with focus on monitoring the steps of the process and their impact on uniformity and quality. This led to the creation of the Rotolog, to monitor and control the cooling aspect, providing direction for the growth of the industry.

Rotational monitoring machines as they exist today are being seen as a perfect solution, with more applications for the process being thought of, the rotational mouldings market is likely to grow in the foreseeable future

The sales of rotational moulding machines are estimated to register a growth of  US$ 228.3 Mn  over the forecasted period between 2022 and 2029, in comparison with the growth of  US$ 150.8 Mn  recorded between 2014 and 2021.

As a process, rotational moulding, the application of which are highly versatile as are increasingly being used in the manufacturing products across industries. However, the use of rotational moulding machines for the creation of containers such as tanks is likely to remain high while the drums and bins and similar objects are also gaining traction.

Strategic focus on Customization

Within manufacturing as an industry, the trend of customization has had an astounding influence on rotational moulding machines. Manufacturers are looking to capitalize on this trend by adding the production of tailor-made machines to cater to the consumer’s requirement, to their portfolio. This is being implemented as a strategy by key players looking to maintain their competitive edge in the market.

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How will Customization Trend Impact the Growth Global Rotational Moulding Machines Market?

Manufacturers prefer customizable components in the rotational moulding machines according to the production requirement. The number of arms used in the machines depends on the total number of parts to be moulded per hour, energy consumption, the material used, processing cycle.

The thickness of the product decides the thickness of rotational moulds be used. Consequently, the manufacturers of rotational moulding machines are offering production-oriented machines, which is expected to increase consumption.

Manufacturing hollow tanks, industrial products, and other large containers are quite easy with rotational moulding machines and by changing the number of stations and arms used, manufacturers utilize the energy and provide comparatively faster production.

Competitive Landscape

Major players across the global rotational moulding machines market are focusing upon producing technologically advanced rotomoulding machinery solutions and focusing upon increasing their international presence by expanding their operational and distribution network:-

  • In December 2021, Rotomachinery Group achieved “Industry 4.0” certification for its rotational moulding machines.
  • In February 2020, Perisco SpA acquired bielomatic plastic Leuze GmbH + Co. KG, which is a plastic welding systems manufacturer in Germany.

Key Companies Profiled

  • The Rotomachinery Group
  • N. A. Roto Machines & Moulds India
  • Rotoline USA
  • Ferry Industries, Inc.
  • Shandong Zhongtian Rubber & Plastic technology Co., Ltd.
  • Persico S.p.a.
  • Fixopan Machines Pvt. Ltd.
  • Caccia Engineering Srl
  • Crossfield Excalibur Ltd.
  • Orex Rotomoulding
  • Roto Machines Ltd.
  • Yantai Huantong Rotational Moulding Equipment Co., Ltd.

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Rotational Moulding Machines Market by Category

By Product Type:

  • Carousel Rotational Moulding Machines
  • Rock & Roll Rotational Moulding Machines
  • Shuttle Rotational Moulding Machines
  • Up & Over Rotational Moulding Machines
  • Clamshell Rotational Moulding Machines

 By Application:

  • Tanks & Container
  • Drums & Bins
  • Carts  & Carrier
  • Toys & Kayaks
  • Others

By End Use:

  • Food & Beverage
  • Agriculture
  • Automotive & Marine
  • Chemicals & Petrochemicals
  • Pharmaceuticals
  • Homecare
  • Other Industrial
 
Companies Mentioned in this Press Release: