市場調查報告書
商品編碼
1145462
熱塑性聚烯的全球市場:現狀分析與預測(2022年~2028年)Thermoplastic Polyolefin Market: Current Analysis and Forecast (2022-2028) |
全球熱塑性聚烯的市場規模在預測期間內將記錄約6%顯著的成長。推動市場增長的主要因素包括熱塑性聚烯烴在外部部件中的使用以及許多公司擴大產品組合。
本報告提供全球熱塑性聚烯市場調查,提供市場概要,市場規模和預測,趨勢,促進因素·阻礙因素,各類型·各用途·各地區的分析,及企業簡介等資訊。
Global Thermoplastic Polyolefin Market is expected to grow at a significant rate of around 6% during the forecast period. Thermoplastic Polyolefin (TPO) is defined as a polymer/filler blend that usually consists of some fraction of a thermoplastic, an elastomer, or rubber, and usually a filler. Also, TPO compounds are resin blends of polypropylene (PP) and uncrosslinked EPDM rubber and polyethylene. They are characterized by high impact resistance, low density, and good chemical resistance. Furthermore, TPOs are used for exterior body parts such as bumpers, rocker panels, body seals, automotive gaskets, doors & windows, and other parts. Moreover, many companies are expanding their product portfolio by focusing on launching new products in the market which in turn is also contributing to the growth of the market. For instance, in Dec 2020, SABIC launched a new polyolefin plastomer-based solution for liquid containers with superior leakage resistance.
The Dow Chemical Company, Lyondellbasell Industries Holdings B.V., ExxonMobil Corporation, Mitsui Chemicals, Borealis AG, Mitsubishi Chemical Holdings Corporation, Chevron Phillips Chemical Company LLC, Avient Corporation, A.Schulman, and INEOS Capital Limited are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products.
Based on type, the market is segmented into in-situ TPO, compounded TPO, and others. The compound TPO category is to witness a higher CAGR during the forecast period. This is mainly because these are high-performance elastomers designed to improve performance in a wide range of end products and applications. Additionally, properties such as weather resistance and non-degradable to sunlight exposure are also some of the factors due to which they are widely used in the production of roofing and other exterior materials.
On the basis of application, the market is categorized into automotive, building & construction, medical, industrial, footwear, and home appliances. Among these, the automotive to hold a significant share of the market in 2020. The growth of this segment can be attributed to the growing usage of TPO in automobiles mainly because it provides lightweight and highly durable auto parts. In addition, rapid economic growth in various countries leading to improvements in the transportation infrastructure and construction of vehicle production plants are also expected to positively influence the market of this segment in the upcoming years.
In 2020, Asia-Pacific is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing construction and automotive industries. In addition, the growth of the healthcare sector and the development of the renewable energy industry is also driving the growth of the market. Furthermore, increased construction production is contributing to the demand for the thermoplastic polyolefin industry in the Asia-Pacific region as it finds applications in commercial and residential roofing owing to its properties such as weather resistance and cold resistance. Further, the TPO roofing systems offer significant reflectivity and energy efficiency, as well as strong UV resistance. Therefore, the use of the TPO in the roof system reduces the heat gain of the building.
The Global Thermoplastic Polyolefin Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.