openPR Logo
Press release

Thermoplastic Polyolefins (TPO) Market Report | Industry Analysis 2017 to 2024

Global Market Insights

Global Market Insights

Rising application scope in automotive, construction and medical industry will drive the thermoplastic polyolefins market growth. Technological innovations in automobile component production led to increasing uses due to its light weight properties.

Emerging trend to replace PVC due to rising ecological concerns will fuel the market growth. Excellent abrasion resistance, high strength, light weight, low costs, resistance to UV radiation and oxidation are the substantial properties encouraging usage in various applications. (TPO) Thermoplastic Polyolefins Market size will surpass USD 4 billion by 2023; as reported in the latest study by Global Market Insights, Inc.

Request sample copy of this report @
https://www.gminsights.com/request-sample/detail/507

Construction application will witness CAGR over 5% up to 2023. Rising applications in commercial and residential roofing coupled with rapid urbanization and rising disposable income will trigger the thermoplastic polyolefins demand in this application. Weather resistance and flexibility at low temperatures are the beneficial properties driving industry growth.


Rapid industrialization and expansion in automotive industries particularly in China, Germany, India and Brazil will enhance the product penetration. Automobile applications is estimated to observe gains over 6% up to 2023. Technological advancement in reducing automobile weight, improving fuel efficiency and reducing CO2 emissions will support the product demand.

Increasing innovations in CAFE influenced automobile manufacturers to develop advanced methods for vehicle weight reduction. These innovations will create new avenues in the thermoplastic polyolefins applications.


Mitsubishi Chemicals, a Japan based company introduced olefin thermoplastic under brand ZELAS. The product will have applications in automotive interiors and exterior parts, medical as well as construction industry.

Browse complete summary of this report @
https://www.gminsights.com/industry-analysis/thermoplastic-polyolefins-tpo-market-report

Raw material availability including ethylene and propylene is mainly affected by crude oil index. Fluctuating crude oil index influence the product price trends, which may hamper the industry growth.
U.S. thermoplastic polyolefins market generated revenue over USD 700 million in 2015. Rising application scope in packaging and medical industry will drive regional demand. Europe will surpass USD 1 billion revenue by 2023, with UK and Germany being the key contributors. Rising product substitute over conventional elastomers and thermoplastics in automotive and medical industry will enhance the industry demand.

Asia Pacific thermoplastic polyolefins market size in automotive application will surpass USD 900 million by 2023. China and Japan will be the major contributors of this revenue. Increasing rubber consumption in automotive and construction industry will support industry growth.

Central & South America (CSA) is estimated to register over 7% CAGR up to 2023. Expansion in packaging, e-commerce and medical industry will support this growth. Brazil thermoplastic polyolefins market size will witness CAGR around 8% by 2023 in industrial applications. Global thermoplastic polyolefins market share is moderately competitive. The key industry participants include Lyondell Basell, Dow Chemicals, Hitachi Automotive Systems Americas Inc, DuPont, RTP, SABIC, INOES, and Saudi Aramco.

Other industry participants include AGC Chemicals Americas Inc, Arkema S.A., Avon automotive, BASF group, Covestro AG, PolyOne Corporation, Solvay Specialty polymers Inc, GAF and Spartech.

Browse Complete Table of Contents @
https://www.gminsights.com/toc/detail/thermoplastic-polyolefins-tpo-market-report
Chapter 2. Executive Summary

2.1. Thermoplastic Polyolefins (TPO) industry 3600 perspective, 2012 – 2023

2.1.1. Business trends

2.1.2. Application trends

2.1.3. Regional trends

Chapter 3. Thermoplastic Polyolefins (TPO) Industry Insights

3.1. Industry segmentation

3.2. Industry Size and forecast, 2012 - 2023

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.4. Regulatory landscape

3.5. Industry Impact forces

3.5.1. Growth drivers

3.5.1.1. Increasing polymer demand in automotive industry.

3.5.1.2. Increasing application across healthcare sector.

3.5.2. Industry pitfalls & challenges

3.5.2.1. Fluctuating raw material prices.

3.6. Growth potential analysis

3.7. Porter's analysis

3.8. PESTEL analysis

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thermoplastic Polyolefins (TPO) Market Report | Industry Analysis 2017 to 2024 here

News-ID: 1105483 • Views: 190

More Releases from Global Market Insights, Inc

Refractories Market 2020 by top key players Saint-Gobain, Morgan Advanced Materi …
Global Refractories Market size was estimated at USD 30 billion in 2018 and is projected to surpass USD 41 billion by the year 2025. Refractories market is classified into monolithic, brick & shapes and others. Other refractories products is expected to gain close to 3% by 2025. Other refractory products include ceramic fibers and refractories raw materials used for manufacturing refractories inhouse. Ceramic fibers are lightweight, has high temperature stability and
Offshore Crane Market Trends 2020 By Industry Players Liebherr Group, National O …
The size of the overall Offshore Crane Market was recorded at USD 2.5 billion in the year 2018 and is now projected to surpass around USD 5 billion by 2026. The ongoing exploration of new offshore oil & gas fields will surge the demand for offshore cranes. The growing demand for maintenance & repair of oil & gas extraction systems will drive the offshore crane market growth. The equipment is primarily
Assisted Reproductive Technology Market Top Players | Cooper Surgical Inc., Cook …
Assisted Reproductive Technology Market will reach over USD 32.5 billion by 2024; as per a new research report. Increasing number of people suffering from infertility issues coupled with rising awareness about assisted reproductive technology (ART) will drive ART market over the forecast timeframe. Furthermore, changing social factors and rising disposable income should positively impact industry expansion. Procedures such as in-vitro fertilization are offered at low cost in developing countries such as
What's driving the Lithopone Market growth? | Leading Key Players Titanos, Langf …
A report by DecResearch estimates that the lithopone market size will be valued at over $235 million by 2025. Rapid global urbanization has given rise to a thriving construction industry which is a significant contributor to the lithopone market growth. The strong reducing power and chemically inert nature of lithopone has led to its extensive application across numerous industries including paints & coatings, paper& pulp, rubber, leather, plastics and linoleum

All 5 Releases


More Releases for Industry

Global Trauma Product Industry
Global Trauma Product Industry Market Insights:  The Global Trauma Products market is expected to grow at a CAGR of 7.2% during 2017-2022. The products that are used for the physical injuries and wounds caused by the external sources are known as trauma products. Traumatic injuries sometimes lead to long term complications such as long-term disability, chronic pain and infections and so on. It includes the injuries causing severe damage to the body
Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medic …
Researchmoz added Most up-to-date research on "Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medicine Industry, Electronic Industry and Paint Industry" to its huge collection of research reports. This report studies Nutraceuticals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers
Global Sport Jackets Industry
Global Sport Jackets Industry Latest Report on Sport Jackets Market Global Analysis & 2022 Forecast Research Study In this report, the global Sport Jackets market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Global Sport Jackets market competition by top manufacturers, with production, price, revenue (value) and market share for
Dish Washer Industry
In our aim to bring the best and complete information to our clients, we at Orbis Research present the 2017 Global Dish Washer Market market professional survey. The well curated survey by the leading research experts and domain knowledge professionals provides clients with the true picture of the Global Dish Washer Market. The survey is expected to push the understanding of the market and its trends for the clients and
Neurorehabilitation Devices Industry Drivers
Neurorehabilitation Devices Market: Snapshot The market for neurorehabilitation devices holds a lot of potential, analysts have found. Already well-established markets in North America and Europe, coupled with immense growth opportunities in the emerging economies of Asia Pacific and Latin America indicate the favorable pace at which the global neurorehabilitation devices market is likely to grow over the coming years. The introduction of wearable technology and robotics has been having a tremendous
Global Table Lamps Industry
In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Table Lamps Market is confident in meeting their needs and expectations. The 2017 market research report on Global Table Lamps Market is an in-depth study and analysis of the market by our industry experts with unparalleled domain knowledge. The report will shed light on many