세계의 열가소성 폴리올레핀(TPO) 시장 : 시장 규모 - 유형별, 용도별, 지역별 분석 및 예측(2022-2032년)

The Global Thermoplastic Polyolefin (TPO) Market, valued at approximately USD 5.4 billion in 2023, is expected to expand at a compound annual growth rate (CAGR) of 6.00% over the forecast period 2024 to 2032. TPO, a class of thermoplastics known for their outstanding flexibility, durability, and weather resistance, has emerged as a vital material in diverse industries such as automotive, construction, and medical. Its ability to combine lightweight properties with robust performance makes it indispensable in applications demanding high efficiency and sustainability.

The market's growth trajectory is influenced by increasing demand for lightweight materials in automotive manufacturing to improve fuel efficiency and meet stringent environmental regulations. Simultaneously, the building and construction industry's expansion, driven by rising urbanization and infrastructure development, underscores the growing need for reliable, versatile materials like TPO. With advancements in polymer technology, manufacturers are introducing enhanced TPO formulations that provide superior performance, further bolstering their adoption across varied applications.

Thermoplastic polyolefins are gaining traction due to their inherent cost-effectiveness and recyclability. This is particularly relevant in the context of global sustainability efforts and the shift toward circular economies. Innovations in TPO production, such as in situ polymerization and advanced compounding techniques, are allowing manufacturers to cater to specific end-user requirements, enhancing product versatility. However, challenges such as fluctuating raw material prices and competition from alternative materials may impact the market's momentum.

Regionally, the market exhibits distinctive growth dynamics. North America continues to dominate, attributed to robust automotive and construction industries alongside growing investment in eco-friendly materials. Europe follows suit, with its focus on sustainability and strict environmental mandates driving innovation in TPO applications. Meanwhile, the Asia-Pacific region stands out as the fastest-growing market, supported by rapid industrialization, increased automobile production, and burgeoning construction activities in emerging economies like China and India.

Major market players included in this report are:

• ExxonMobil Corporation
• LyondellBasell Industries N.V.
• Dow Inc.
• Borealis AG
• Mitsui Chemicals, Inc.
• Sumitomo Chemical Co., Ltd.
• SABIC
• Arkema S.A.
• RTP Company
• INEOS Group
• Versalis S.p.A.
• Braskem S.A.
• Hanwha Solutions Corporation
• BASF SE
• Tosoh Corporation

The detailed segments and sub-segment of the market are explained below:

By Type

• In Situ TPO
• Compounded TPO
• POEs

By Application

• Automotive
• Building & Construction
• Medical
• Wire & Cables

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:

• Historical year - 2022
• Base year - 2023
• Forecast period - 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand-side and supply-side analysis of the market.

Table of Contents

Chapter 1. Global Thermoplastic Polyolefin Market Executive Summary

• 1.1. Global Thermoplastic Polyolefin Market Size & Forecast (2022-2032)
• 1.2. Regional Summary
• 1.3. Segmental Summary
  • 1.3.1. By Type
  • 1.3.2. By Application
• 1.4. Key Trends
• 1.5. Recession Impact
• 1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Thermoplastic Polyolefin Market Definition and Research Assumptions

• 2.1. Research Objective
• 2.2. Market Definition
• 2.3. Research Assumptions
  • 2.3.1. Inclusion & Exclusion
  • 2.3.2. Limitations
  • 2.3.3. Supply Side Analysis
    • 2.3.3.1. Availability
    • 2.3.3.2. Infrastructure
    • 2.3.3.3. Regulatory Environment
    • 2.3.3.4. Market Competition
    • 2.3.3.5. Economic Viability (Consumer's Perspective)
  • 2.3.4. Demand Side Analysis
    • 2.3.4.1. Regulatory Frameworks
    • 2.3.4.2. Technological Advancements
    • 2.3.4.3. Environmental Considerations
    • 2.3.4.4. Consumer Awareness & Acceptance
• 2.4. Estimation Methodology
• 2.5. Years Considered for the Study
• 2.6. Currency Conversion Rates

Chapter 3. Global Thermoplastic Polyolefin Market Dynamics

• 3.1. Market Drivers
  • 3.1.1. Increasing Demand for Lightweight Materials in Automotive Manufacturing
  • 3.1.2. Expansion of Building & Construction Industry
  • 3.1.3. Advancements in Sustainable Polymer Technologies
• 3.2. Market Challenges
  • 3.2.1. Fluctuating Raw Material Prices
  • 3.2.2. Competition from Alternative Materials
• 3.3. Market Opportunities
  • 3.3.1. Growth in Emerging Economies
  • 3.3.2. Innovation in Environmentally Friendly TPO Formulations
  • 3.3.3. Expansion of Smart City Projects and Urban Development Initiatives

Chapter 4. Global Thermoplastic Polyolefin Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
  • 4.1.6. Futuristic Approach to Porter's 5 Force Model
  • 4.1.7. Porter's 5 Force Impact Analysis
• 4.2. PESTEL Analysis
  • 4.2.1. Political
  • 4.2.2. Economical
  • 4.2.3. Social
  • 4.2.4. Technological
  • 4.2.5. Environmental
  • 4.2.6. Legal
• 4.3. Top Investment Opportunities
• 4.4. Top Winning Strategies
• 4.5. Disruptive Trends
• 4.6. Industry Expert Perspective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Thermoplastic Polyolefin Market Size & Forecasts by Type 2022-2032

• 5.1. Segment Dashboard
• 5.2. Global Thermoplastic Polyolefin Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  • 5.2.1. In Situ TPO
  • 5.2.2. Compounded TPO
  • 5.2.3. POEs

Chapter 6. Global Thermoplastic Polyolefin Market Size & Forecasts by Application 2022-2032

• 6.1. Segment Dashboard
• 6.2. Global Thermoplastic Polyolefin Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  • 6.2.1. Automotive
  • 6.2.2. Building & Construction
  • 6.2.3. Medical
  • 6.2.4. Wire & Cables

Chapter 7. Global Thermoplastic Polyolefin Market Size & Forecasts by Region 2022-2032

• 7.1. North America Thermoplastic Polyolefin Market
  • 7.1.1. U.S. Thermoplastic Polyolefin Market
    • 7.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
    • 7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
  • 7.1.2. Canada Thermoplastic Polyolefin Market
• 7.2. Europe Thermoplastic Polyolefin Market
  • 7.2.1. UK Thermoplastic Polyolefin Market
  • 7.2.2. Germany Thermoplastic Polyolefin Market
  • 7.2.3. France Thermoplastic Polyolefin Market
  • 7.2.4. Spain Thermoplastic Polyolefin Market
  • 7.2.5. Italy Thermoplastic Polyolefin Market
  • 7.2.6. Rest of Europe Thermoplastic Polyolefin Market
• 7.3. Asia-Pacific Thermoplastic Polyolefin Market
  • 7.3.1. China Thermoplastic Polyolefin Market
  • 7.3.2. India Thermoplastic Polyolefin Market
  • 7.3.3. Japan Thermoplastic Polyolefin Market
  • 7.3.4. Australia Thermoplastic Polyolefin Market
  • 7.3.5. South Korea Thermoplastic Polyolefin Market
  • 7.3.6. Rest of Asia-Pacific Thermoplastic Polyolefin Market
• 7.4. Latin America Thermoplastic Polyolefin Market
  • 7.4.1. Brazil Thermoplastic Polyolefin Market
  • 7.4.2. Mexico Thermoplastic Polyolefin Market
  • 7.4.3. Rest of Latin America Thermoplastic Polyolefin Market
• 7.5. Middle East & Africa Thermoplastic Polyolefin Market
  • 7.5.1. Saudi Arabia Thermoplastic Polyolefin Market
  • 7.5.2. South Africa Thermoplastic Polyolefin Market
  • 7.5.3. Rest of Middle East & Africa Thermoplastic Polyolefin Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
  • 8.1.1. ExxonMobil Corporation
  • 8.1.2. LyondellBasell Industries N.V.
  • 8.1.3. Dow Inc.
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. ExxonMobil Corporation
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Market Strategies
  • 8.3.2. LyondellBasell Industries N.V.
  • 8.3.3. Dow Inc.
  • 8.3.4. Borealis AG
  • 8.3.5. Mitsui Chemicals, Inc.
  • 8.3.6. Sumitomo Chemical Co., Ltd.
  • 8.3.7. SABIC
  • 8.3.8. Arkema S.A.
  • 8.3.9. RTP Company
  • 8.3.10. INEOS Group

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes