DUBLIN, October 4, 2017 /PRNewswire/ --
The "Global Thermoplastic Polyolefins Market 2017-2021" report has been added to Research and Markets' offering.
The global thermoplastic polyolefins market is forecast to grow at a CAGR of 7.06% during the period 2017-2021.
The report, Global Thermoplastic Polyolefins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is recycling of TPOs. TPOs are 100% recyclable. Manufacturers of TPO conduct workshops to educate the contractors and building owners about the benefits of recycling TPO roofs. These roofs reduce the carbon footprint and are environment-friendly. Recycling of TPO membranes prevents their accumulation in landfills and helps building owners save money in waste removal.
According to the report, one driver in the market is the rising demand in the roofing industry. Growth in the roofing industry drives the demand for thermoplastic polyolefins. Increasing number of constructions drives the demand for roofing systems. Construction activities are increasing at a rapid pace, especially in the developing regions. The ever-growing population and varying weather conditions have led to the emergence of various types of roofing. There are various types of roofings for residential and commercial purposes. Roofs are also broadly classified into flat roofs and pitched roofs.
Further, the report states that one challenge in the market is availability of substitutes for TPOs. The unique properties of TPOs have led to growth in the global TPOs market. However, there are other materials that can be used as substitutes for TPOs. Though TPO is the latest in the single ply roofing system, there were other globally accepted roofing systems prior to its advent. PVC is quite popular and has been in use for decades. However, several bans and restrictions on this material have decreased its consumption and led to an increase in the demand for TPO and other alternatives. Increasing use of eco-friendly and biodegradable cellulose polymers for similar applications of TPO is major challenge to the market.
- LyondellBasell Industries Holdings
- Sumitomo Chemical
Other prominent vendors
- Noble Polymers
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Tomo By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/s7dcvb/global
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