Global Thermoplastic Polyolefin Market, 2014-2024: By Type (Polethylene, Polypropylene, and Functional Polyolefins), and By Application (Consumer Goods, Automotive, Food Packaging, Industrial Products, and Othersa)
|熱塑性聚烯的全球市場(2014年∼2024年):各類型(聚丙烯，聚丙烯，功能性聚烯)，各用途(消費品，汽車，食品包裝，工業產品等) Global Thermoplastic Polyolefin Market, 2014-2024: By Type (Polethylene, Polypropylene, and Functional Polyolefins), and By Application (Consumer Goods, Automotive, Food Packaging, Industrial Products, and Othersa)|
|出版日期: 2020年11月01日||內容資訊: 英文||
Thermoplastic polyolefin is thermoplastic resin blends with of polypropylene and uncrosslinked ethylene-propylene-diene (EPDM) rubber and polyethylene. It is also known as TPO exhibits plastic and elastic property. Thermoplastic polyolefins retain the ease of processing, lightweight nature, and chemical resistance of polypropylene. It also offered UV weathering and scratch/mar resistance. It can be easily processed by injection molding, extrusion or blow molding.
Thermoplastic polyolefin can be categories by type into polethylene, polypropylene, and functional polyolefins. Thermoplastic polyolefin has wide area of application included, consumer goods, structural plastics, food packaging, industrial products, roofing membranes, construction, recreation, and others. Thermoplastic polyolefins are used in applications where there is a requirement for increased toughness and durability over the conventional polypropylene copolymers. It is widely used in automotive industry especially for bumpers, dashboards and structural components. It is also incorporated in specialty food and pharmaceutical packaging, medical IV bags and tubing, flexible profiles, hoses and pipes, and wire and cable insulation.
The global thermoplastic polyolefin research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global thermoplastic polyolefin market is growing at a fast pace and increasing its geographical footprint rapidly. The global thermoplastic polyolefin market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to increasing demand from end use applications. The major growth driver for thermoplastic polyolefin market is the rising demand for fuel-efficient and light weighted cars globally. The rising demand of house hold appliances and consumer goods such as, wire & cables, batteries, of plugs, switches, window frames, and piping system is expected to drive the growth of thermoplastic polyolefin market globally.
Thermoplastic polyolefin enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of thermoplastic polyolefin market globally. The companies that lead global market are, Sinopec Corporation, Lyondellbasell Industries Holdings N.V., Exxonmobil Chemical, Petrochina Company Limited, Saudi Arabia Basic Industries Corporation, The DOW Chemical Company, Braskem S.A., Total S.A., Arkema S.A., Borealis AG, Ineos Group AG, Abu Dhabi Polymers Company Ltd. (Borouge), Chevron Phillips Chemical Company LLC, ENI S.P.A., Formosa Plastics Corporation, Polyone Corporation, Sasol Ltd, Tosoh Corporation, Reliance Industries Limited (RIL), and Repsol.
The research process includes the market segmentation of the global thermoplastic polyolefin market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global thermoplastic polyolefin market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: