Thermoplastic Polyolefins Market: Technavio Research Identifies APAC as the Dominant Region
Regional Growth Analysis and Market Trends 2021-2025
With an accelerating CAGR of almost 7.57%, the Thermoplastic polyolefins market is set to grow by $ 1.39 bn during the forecast period. Technavio research provides an in-depth analysis of the market across the different geographical segments. The report traces the growth trajectory of the market over recent years with a purview to the prevalent market scenario. It offers a thorough analysis of all the trends, drivers and challenges that are likely to impact the market during the forecast period. The report presents offers a competitive analysis with insights on the key market players, financials, and leading product lines. This analysis will equip our clients with all the information needed to plan a post-pandemic growth strategy.
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Thermoplastic Polyolefins Market: APAC to lead market growth during the forecast period
- 39% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Thermoplastic Polyolefins Market size.
- Strong demand from automotive industry will be a significant factor in driving the growth of the thermoplastic polyolefins market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
- Market is segmented by Application (Automotive, Roofing, and Others) and Geographic (North America, APAC, Europe, South America, and MEA).
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of almost 7.57%.
- What is the incremental growth of the market?
The market is expected to grow by $ 1.39 bn through 2021-2025.
- What is a key factor driving this market?
Strong demand from automotive industry will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, APAC, Europe, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
39% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are 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.
- What are the market segments covered in this report?
The market is segmented by Application (Automotive, Roofing, and Others) and Geographic (North America, APAC, Europe, South America, and MEA).
Market Segmentation by Application
- Thermoplastic Polyolefins Market Split by Application
- Thermoplastic Polyolefins Market Split by Geographic
- North America
- APAC
- Europe
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- 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.
