The latest research report on Thermoplastic Polyolefins Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Thermoplastic Polyolefins Market is valued at USD 2.54Billion in 2018 and expected to reach USD 3.94Billion by 2025 with the CAGR of 6.5% over the forecast period.
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Thermoplastic polyolefins (TPOs) refer to a class of plastics used ina variety of industries.The main Thermoplastic polyolefins (TPOs) end uses are in the automotive sectorfollowed by the construction industry, packagingapplications.Thermoplastic polyolefinsare generally produced by the blending of polypropylene with elastic ethylene copolymers and the addition of other fillers and additives.Thermoplastic polyolefins (TPOs) provide better ductility and impact resistance compared to standard off-the-shelf Polypropylene grades.WorldwideTPOs market is witnessing significant growthdue to increasing applications and growing demand in Asia-Pacific and other developing regions.
Thermoplastic polyolefins marketreport is segmented on the basis of end-user and by regional & country level.Based upon end user, thermoplastic polyolefins market is classified into automotive, building & construction, home appliances, medical, industrial, footwear and others (rubber goods, etc.).
The regions covered in this thermoplastic polyolefins marketreport are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of thermoplastic polyolefins is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players Thermoplastic Polyolefins MarketReports-
Thermoplastic polyolefins marketreport covers prominent playersareShell Chemical, Mitsubishi Chemical Corporation ,Sumitomo Chemical, A Schulman, Inc., RTP Company, Chemtura Corp., Dow Chemical Company, ExxonMobil (US) , SABIC INEOS Olefins & PolyOne Distribution, GAF, Spartech Polycom, RheTech, Johns-Manville Corporation, Noble Polymers (Cascade Engineering), Saudi Aramco, Zylog, Arkema SA ,,Polisystem UK Ltd., LyondellBasellandOthers.
Mitsubishi Chemical to Acquire Thermoplastic Polyurethane Elastomer Business of U.S.-based AdvanSource Biomaterials
News:Nov. 26, 2019–Mitsubishi Chemical Corporation acquired U.S.-based AdvanSource Biomaterials Corporationbusiness ofthe thermoplastic polyurethane elastomer (TPU).Through mergers and acquisitions, MCC’s performance polymers business has expanded all over the world.It provides various types of elastomer solutions.In Addition,through this acquisitionit will furtherenlarge its product portfolio to TPU technologiesas well as accelerate market development of existing business by buying material certifications and sales channels in the U.S. medical device market.
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Thermoplastic Polyolefins MarketDynamics –
Increasing utilization of Thermoplastic Polyolefins in automotive industry and growing demand for Thermoplastic Polyolefins as roofing membrane in construction industry is driving the growth of the global thermoplastic polyolefins market. The thermoplastic polyolefins utilization increased for toughness and durability of the building construction and it is the most profitable alternative for most of the traditional building materials.Moreover, growing thermoplastic polyolefins demand in residential & commercial roofing will increase the product requirement in construction sector. There is 2% increases (USD44 billion) in U.S. healthcare construction spending in 2019. Moreover, rise in investment in the global construction sector, specifically in the residential and commercial sector, growing population and urbanization will increase the market growth in forecast period. According to the Our World in Data, more than 4 billion people live in urban areas across the globe. However, fluctuation in raw material prices will hamper the development of thermoplastic polyolefinsmarket. However, growing environmental concerns in domestic sectors and the increasing investment in research and development are expected to boost the opportunity for the growth of thermoplastic polyolefins market.
Thermoplastic Polyolefins MarketRegional Analysis –
North America is dominating the thermoplastic polyolefins market with the highest share due to rising awareness about advanced development in thermoplastic polyolefins, rapid economic recovery, growth in population & urbanization and increase in government efforts to enhance residential & public infrastructure. According to the Our World in Data, UN estimatestherefore report that 54 percent of people in the world lived in urban areas in2016and United Nation projected that 68 % of the world’s population will live in urban areasby 2050.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to the growing environmental concerns in major end-use industries such as automotive and construction, minimize labor cost for production and availability of effective infrastructure in emerging countries, such as China and India. These are the major factors increase the growth of markets in forecast period. National Bureau of Statistics of China, the housing construction area of real estate development enterprises was 8,938.21 million square meters in 2019.According to the National Bureau of Statistics, Building Construction data was reported at 14,882,953.173 RMB mn in Dec 2018 and this records an increase from the previous number of 13,570,352.523 RMB mn for Dec 2017.
Key Benefits for Thermoplastic Polyolefins Market Reports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
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Thermoplastic Polyolefins Market Segmentation –
Building & Construction
Others (Rubber Goods, etc.)
By Regional & Country Analysis:- (North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 Thermoplastic Polyolefins Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Thermoplastic Polyolefins Market Size
2.2 Thermoplastic Polyolefins Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Thermoplastic Polyolefins Markets & Products
3 Market Size by Manufacturers
3.1 Thermoplastic Polyolefins Production by Manufacturers
3.2 Thermoplastic Polyolefins Revenue by Manufacturers
3.3 Thermoplastic Polyolefins Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Thermoplastic Polyolefins Production by Regions
4.1 Global Thermoplastic Polyolefins Production by Regions
4.2 North America
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