Press release
Global Thermoplastic Polyolefin Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
MRRSE
Request For Sample Reports : http://www.mrrse.com/thermoplastic-polyolefins-market
The valuation of the global thermoplastic polyolefin market was pegged at US$2.3 bn in 2015. Exhibiting a CAGR of 7.3%, the market is forecast to reach US$4.3 bn by the end of 2024.
Among the key end-use segments, growth witnessed by the market in the automotive sector was the highest in 2015. The year witnessed the automotive sector holding over 60% of the overall market. Furthermore the segment is expected to remain dominant exhibiting a CAGR of 7.6% during the forecast period. Other end-use categories exhibiting high demand for thermoplastic polyolefin are rubber goods and general molded goods.
Regionally, North America was at the fore of the global thermoplastic polyolefin market, accounting for a share of 55% in 2015. However, the regional market is prophesized to witness a decelerating pace of gains, instead the Asia Pacific market will gain pace during the forecast period. The large scale production of thermoplastic polyolefin in India, China, and Japan will catapult Asia Pacific at the global market’s fore.
Thermoplastic polyolefin finds considerable application in exterior and interior applications in the automotive industry. Therefore growth witnessed in the automotive industry will consequently aid the expansion of the global thermoplastic polyolefin market. According to the report, the worldwide automotive production has increased over 15% since 2010, with Asia Pacific contributing to over 50% of the overall production. In the coming years, due to the rising focus on lightweight vehicles the demand from the thermoplastic polyolefin market is projected to increase further. The market with thus gain from stringent environmental regulations curbing carbon emissions from vehicles.
On the flip side, the fluctuating raw material prices will be a key challenge faced by the leading market players. As polypropylene is one of the key raw materials used in the production of thermoplastic polyolefin, the instable prices of polypropylene will have a negative impact on the overall market.
Besides studying the growth drivers and restraints, the report also presents an in-depth study on the prevailing vendor landscape. For the purpose of study it therefore includes profiles of some of the leading companies operating in the market. The strengths and weaknesses of these companies are analyzed using SWOT analysis, which also provides insights into potential opportunities and threats that the enterprises may witness over the course of the report’s forecast period.
Browse Full Report with TOC: http://www.mrrse.com/thermoplastic-polyolefins
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States
Telephone: +1-518-730-0559
Email: sales@mrrse.com
Google+: https://plus.google.com/u/0/109558601025749677847/posts
Linked in: https://www.linkedin.com/company/mrrse
Twitter: https://twitter.com/MRRSEmrrse
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 Global Thermoplastic Polyolefin Market Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 here
News-ID: 524121 • Views: …
More Releases from Latest Market Research Reports - MRH
Global and Chinese Storage Shelf Industry Estimated to Grow By its Immense Outso …
The global and Chinese market for storage shelf has recently gained a good pace owing to its growing manufacturing industry and the rise in product outsourcing. To further analyze, Market Research Hub (MRH) has recently added a research study titled as “Global and Chinese Storage Shelf Industry, 2017 Market Research Report” to its vast report repository. The report provides an in-depth insight of 2012-2022 global and Chinese storage shelf industry…
Global and Chinese Silver Copper Brazing Filler Metals Industry Prospects and Es …
Silver copper alloy is the eutectic alloy that is used for furnace brazing. This application for this alloy does impact its industry growth in the present time. To analyze further, Market Research Hub (MRH) has recently added a detailed study titled as “Global and Chinese Silver Copper Brazing Filler Metals Industry, 2017 Market Research Report” to its vast report repository. The report estimates 2017-2022 market development trends of silver copper…
Global and Chinese High Purity Aluminium Industry Trends and Major Factors Analy …
The global need and consumption of high purity aluminum as well as the applications are steadily increasing. To further elaborate this growing market, a study titled “Global and Chinese high purity aluminium Industry, 2017 Market Research Report” has been released to the mega-repository of Market Research Hub (MRH). This study analyzes and forecasts the market growth prospects for the period of 2017-2022, and offers a professional and in-depth study on…
Global Laboratory Furniture Industry 2017 Market Report: Market Expected to Reco …
The global revenue of laboratory furniture is 2275 million USD in 2016, China is the largest consumption region, and it is also the largest growth rate region; the Europe and North America are the second and third largest region, and they have relative lower growth rate; Due the product specifications and the delivery method, the import and export ratio is relative small.
Request Free Sample Report: http://www.marketresearchhub.com/enquiry.php?type=S&repid=1211016
The laboratory furniture include many…
More Releases for MRRSE
Global Market Study on Enterprise Governance, Risk and Compliance (EGRC)-MRRSE
Enterprise governance, risk and compliance (EGRC) being a multifaceted and innovative approach to risk management, corporate governance and compliance issues has a direct impact on business objectives. Market Research Reports Search Engine (MRRSE) has recently publicized the addition of a new research report to its vast online repository with a title “Enterprise Governance, Risk and Compliance (EGRC) Market: Global Industry Analysis and Forecast, 2016-2024”. This report on global enterprise governance, risk and…
Latest Research Reports - MRRSE
The rising usage of vetiver oil in aromatherapy, due to its popularity as precious therapeutic oil in eastern countries on account of its safe, convenient and customary application is a major factor behind the increasing production for vetiver oil. A market research report titled as “Haitian Vetiver Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been recently added to the vast online…
Industry Research Reports - MRRSE
This Future Market Insights report examines the ‘High Content Screening (HCS) Market for the period 2015–2025. New product launches are resulting in product assortment and thus, increased installation of High Content Screening (HCS) instruments. This is expected to bolster growth of the High Content Screening (HCS) market over the next five to six years. Furthermore, increasing government support for research and development for drug discovery processes across the globe is…
Business Research Reports - MRRSE
Albany, New York, March 30, 2017: Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled Global Market Study on Natural and Organic Flavors: Rising Health Consciousness among Consumers Expected to Boost Market Growth. This Persistence Market Research (PMR) report analyzes the Natural and Organic Flavors Market at the global as well as regional levels. This study provides data for 2015 along with that for the…
Global Steam Autoclave Market Boosted by Growing Cases of Nosocomial Infections: …
Albany, New York, October 2016: Market Research Reports Search Engine (MRRSE.com) has added a new report to its ever-expanding database on the global industries of medical devices. The latest addition, titled Steam Autoclave Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024,” is an updated report that discusses the various possibilities where players in this market can utilize to gain a stronger foothold in it.…
Wearable Technology Market Outlook, Competitive analysis, Industry Trends: MRRSE
This report covers the global wearable technology market size and forecast from 2012 to 2018 along with their application in different end-use segments such as wellness and fitness, healthcare and medical, infotainment, industrial and military. The performance of wearable technology applications across different geographical regions namely, North America, Europe, Asia and RoW (Rest of the World) has also been covered in this report.
Browse the full Global Wearable Technology Market…
