Thermoplastic Polyolefin Market Recent Development with Covid-19 Effect Analysis by Top Companies in 2022 | Exxon Mobil Corporation (U.S.), SABIC (Saudi Arabia), INEOS Olefins & Polymers (UK)
Increased demand for high-performance polypropylene-based compounds is reflecting favourably on the global thermoplastic polyolefins market. The superior performance of thermoplastic polyolefins has made them a sought-after industrial material. Market Research Future (MRFR) finds that the global thermoplastic polyolefins market is set to exhibit strong growth from 2017 to 2023. Thermoplastic polyolefins find widespread applicati o n in the automotive sector and the construction sector. They have high chemical resistance and durability, making them suitable to be used as raw material for products spanning across home appliances, building & construction, automotive, medical, industrial machinery etc. The growth of end-use industries has bolstered the demand for thermoplastic polyolefins . Rapid industrialization increased construction activities and increase per-capita income are other factors supporting the market growth. Competitive Analysis Sumitomo Chemical Co., Ltd. (Japan),