AMI: Report on Rotational Molding Industry in Europe
In a new report Applied Market Information Ltd. (AMI), Bristol, United Kingdom, has documented the rotational molding industry in Europe. The report highlights the versatility of the rotational molding process and its ability to be a cost-effective alternative to blow molding.
A 3% drop in the number of rotational molders listing in AMI’s guide to the rotational moulding industry in Europe, 7th Edition highlights the effects of the global economic crisis on the European plastics industry. The remaining 336 listed production sites across Europe are estimated to have been responsible for the consumption of 211,000t of polymer in 2011, down from the pre-recession highs of 250,000t in 2006. Although the industry has a long way to go to regain those lost volumes, the market is expected to show some growth for 2012 after three years of declining volumes.
The weakness in the rotomolding sector was largely a consequence of the continued economic uncertainty in Europe which resulted in the reduction of infrastructure projects and impacted on the demand for rotationally molded water and fuel tanks, which make up the largest end use application for this process. Other sectors however performed better and the economic downturn resulted in some applications which may have traditionally used blow molding switching to rotational molding because of the smaller volumes of articles required and the economic advantages of using rotational molding for small runs. The materials handling market has been relatively unaffected by the recession and the market for IBC is still growing. This market is maintained by the requirement for most containers to be replaced a minimum of every 3 years. The offshore industry and fishing remains a solid and growing market especially in the Nordic Countries where over 50% of rotational molders supply the marine and fishing markets.
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Looking for a new challenge? Check out our jobs market!
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.