Press Releases

The Thermoplastic polyolefin Industry is projected to reach USD 7.3 Billion by 2028, at a CAGR of 6.0% from USD  5.4 Billion in 2023. The increasing demand from the end use industries such as automotive, construction, electronics appliances, and others contribute to the rapid growth in the demand for the Thermoplastic polyolefin market.

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Based on type, Thermoplastic polyolefin market has been segmented into I

TPO is a form of thermoplastic elastomer that is extensively used in the automotive, roofing, and construction sectors. It is a polypropylene (PP)/ethylene-propylene rubber (EPR) combination that has both plastic and rubber-like characteristics. TPO is popular for roofing membranes, car interiors, and exterior automotive parts due to its durability, weather resistance, and flexibility. It is also lightweight and inexpensive in comparison to other materials, which has helped to its extensive use