What's Driving the Thermoplastic Polyolefins (TPO) Market Growth? Arkema S.A., Avon Automotive, BASF Group, Covestro AG, PolyOne Corporation
U.S. thermoplastic polyolefins market generated revenue over USD 700 million in 2015. Rising application scope in packaging and medical industry will drive regional demand. Europe will surpass USD 1 billion revenue by 2023, with UK and Germany being the key contributors. Rising product substitute over conventional elastomers and thermoplastics in automotive and medical industry will enhance the industry demand.
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