NEW CANAAN, CONN. - North American rotational molders turned 800 million pounds of resin into products valued at $1.25 billion in 1994, according to a report by Plastics Custom Research Services of New Canaan. The study, including a survey of 170 rotomolders in the United States, Canada and Mexico, is the first comprehensive analysis of the North American rotomolding business, according to the market research firm.
According to the PCRS study, the volume of resin throughput for rotomolding grew by 23 percent in 1994, and will grow another 17 percent in 1995. For the rest of this decade, average annual growth in North American rotomolding will exceed 10 percent, the study said.
By 2000, North American rotomolders will consume about 1.3 billion pounds of resin and generate more than $2.4 billion worth of finished products. Polyethylene dominates, with an 85 percent share of the market. Vinyl plastisol is second.
``There is a paucity of published information on rotational molding,'' said Peter Mooney, president of PCRS.
The market research firm surveyed custom and captive rotomolders.
The study, ``An Analysis of the North American Rotational Molding Business,'' costs $1,000 for the general public and $500 for rotomolders. Extra copies cost $250. Telephone and fax at (203) 972-1623.