Thermoplastic Polyolefins Market expansion key development | Exxon Mobil Corporation (U.S.), S&E Specialty Polymers (U.S.), SABIC (Saudi Arabia)
Thermoplastic Polyolefins Market Increased demand for high-performance polypropylene-based compounds is reflecting favorably 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 2020 to 2027. Thermoplastic polyolefins find widespread application 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 home appliances, building & construction, automotive, medical, industrial machinery etc. The growth of end-use industries has bolstered the demand for Thermoplastic Polyolefins Market . Rapid industrialization increased construction activities and increase per-capita income are other factors supporting the market growth. Sectors such as medical, c