Thermoplastic Polyolefin Market - Technology, Development, Trends and Opportunities and Global Forecast 2024

1. Transparency Market Research Thermoplastic Polyolefin Market (End User - Automotive, Building & Construction, Home Appliances, Medical, Industrial, and Footwear) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Published Date 2016-09-29 186 Page Report Request Sample Buy Now Press Release Global Thermoplastic Polyolefin Market: Asia Pacific to replace North America as Leading Regional Segment during Forecast Period, predicts TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

2. Thermoplastic Polyolefin Market REPORT DESCRIPTION Thermoplastic Polyolefin Market: Snapshot Thermoplastic polyolefin (TPO) is one of the most widely used products in the thermoplastic elastomer family. TPO finds application in a wide range industries, such as automotive, building and construction, home appliances, medical, industrial, and footwear. Browse Thermoplastic Polyolefin Market Research Report: http://www.transparencymarketresearch.com/thermoplastic-polyolefins.html Rapid growth in the automotive industry, coupled with a rise in building and construction activities, has been single-handedly driving the demand for TPO in the past few years. Transparency Market Research predicts that this trend will continue during the forecast period. However, factors such as volatility in the prices of raw materials and a high threat from substitutes are estimated to adversely affect the growth of the TPO market. Substitutes such as thermoplastic polyurethane, polyvinyl chloride, and thermoplastic vulcanizate are anticipated to offer substantial threat to the TPO market in the coming years. The global TPO market was valued at US$2.3 bn in 2015 and is likely to reach US$4.3 bn by 2024, expanding at a CAGR of 7.3% therein. 2 Transparency Market Research

3. Thermoplastic Polyolefin Market Growing Demand for TPO in Automotive and Building and Construction Sectors In terms of volume and value, the automotive sector held a major share in the TPO market in 2015 based on end use, followed by the building and construction sector. TPO is extensively employed in the production of automotive components such as bumpers, door panels, trims, dashboard skins, and instrument panels. Automotive components produced from TPO are lighter in weight and offer excellent durability. A rise in the demand for lightweight materials in the automotive industry is expected to drive the demand for TPO during the forecast period. TPO is also used in the manufacture of roofing membranes and door panels in the building and construction industry. It offers excellent UV-resistant properties along with high durability and hence, TPO is a preferred choice in roofing membranes, especially in North America and Europe. TPO is also used in the insulation and jacketing of wires and cables in home appliances and in IV sets and urine bags in the medical industry. Get exclusive sample of this report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=899 Exponential Growth in Store for APAC TPO Market North America leads the global TPO market in terms of volume and value and accounted for more than 35% of the market in 2015. A high demand for TPO in the automotive and building and construction industries has been the major factor driving the demand for TPO in North America in the last few years. However, TMR reports that Asia Pacific will replace North America 3 Transparency Market Research

4. Thermoplastic Polyolefin Market as the market leader during the forecast period. Exponential growth in the automotive industry is Asia Pacific is projected to boost the demand for TPO in the near future. The TPO market in Europe and the Middle East and Africa is expected to exhibit stable growth during the forecast period. Latin America is likely to provide promising growth opportunities for the TPO market in the next few years. The U.S. constituted a substantial share in the global TPO market in 2015. Rapid expansion in the automotive industry and the rise in building and construction activities are the prominent factors augmenting the demand for TPO in the U.S. Furthermore, an increase in the demand for TPO roofing systems in commercial construction activities is expected to drive the market during the forecast period. China, India, and Japan held a large share in the TPO market in Asia Pacific in 2015. On the other hand, countries such as Germany, France, and the U.K. constituted more than 50% of the TPO consumption in Europe that year. Key manufacturers of TPO include Lyondell Basell Industries Holding B.V., Borealis AG, Exxon Mobil Corporation, Mitsui Chemicals, Inc., Mitsubishi Chemical Holding Corporation, Chevron Phillips Chemical Company LLC, and INEOS Group Limited 4 Transparency Market Research

5. Thermoplastic Polyolefin Market About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse The Market Research Blog : http://cmfeglobalreports.blogspot.in/ 5 Transparency Market Research