Global Thermoplastic Polyolefins Market 2021-2025

Global Thermoplastic Polyolefins Market 2021-2025

Technavio has been monitoring the thermoplastic polyolefins market and it is poised to grow by $ 1.39 bn during 2021-2025, progressing at a CAGR of 7.57% during the forecast period. Our report on the thermoplastic polyolefins market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the strong demand from automotive industry and the preference for TPOs over PVC. In addition, strong demand from automotive industry is anticipated to boost the growth of the market as well.

The thermoplastic polyolefins market analysis includes the application segment and geographic landscape.

Technavio's thermoplastic polyolefins market is segmented as below:

By Application

• Automotive
• Roofing
• Others

By Geographic

• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increased demand from construction industry in emerging economiesas one of the prime reasons driving the thermoplastic polyolefins market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on thermoplastic polyolefins market covers the following areas:

• Thermoplastic polyolefins market sizing
• Thermoplastic polyolefins market forecast
• Thermoplastic polyolefins market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermoplastic polyolefins market vendors that include Arkema SA, Avient Corp., BASF SE, Dow Inc., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Mitsubishi Chemical Corp., Mitsui Chemicals Inc., and Sumitomo Chemical Co. Ltd. Also, the thermoplastic polyolefins market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Arkema SA, Avient Corp., BASF SE, Dow Inc., Exxon Mobil Corp., INEOS Group Holdings SA, LyondellBasell Industries NV, Mitsubishi Chemical Corp., Mitsui Chemicals Inc., Sumitomo Chemical Co. Ltd.