Plastics production rise up from XX MT in 2017 to XX MT in 2018. In 2018 global plastic’s production grew by 3.4% compared to 2017. The trend to substitute PVC (polyvinyl chloride) by Thermoplastic Polyolefin (TPO), because of growing environmental concerns in major end-use industries such as automotive and construction around the world has been boosting the mandate for TPOs during forecast period. Developments in terms of functionalities such as durability, lightweight, antioxidants abrasion resistance, economical, & UV light stabilizer to resist solar UV radiation and oxidation will make the product highly preferable in regions of extreme weather conditions.
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