South Korea was the largest exporter with 12% of the world total, and China was the largest buyer.
What this market covers
Thermoplastic polyolefins are blends of polypropylene and rubber like polymers that are tough and easy to mould. They are widely used for car bumpers, dashboards and roofing membranes.
Typical segments
- Automotive grades
- Roofing membrane grades
- Film grades
- Wire and cable grades
Why this market is moving now
- World trade grew 5% from 2019 to 2024, a direct read on cross-border demand.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of propylene copolymers, in primary forms (HS 390230), the trade category that includes thermoplastic polyolefins, were worth $14.96 billion in 2024. | 14.96 USD billion | 2024 | |
| World exports were 5% higher in 2024 than in 2019 ($14.29 billion), calculated from the annual totals. | +5 % since 2019 | 2024 | |
| South Korea was the largest exporter in 2024, with 12% of world exports ($1.75 billion). | 12 % of world exports | 2024 | |
| The three largest exporters, South Korea, the United States and Singapore, shipped 33% of world exports in 2024. | 33 % of world exports | 2024 | |
| China was the largest importer in 2024, buying $1.55 billion, or 10% of world imports. | 10 % of world imports | 2024 | |
| 57 countries exported more than $1 million of this product in 2024. | 57 countries | 2024 | |
| The average world export price was about $1.47 per kilogram in 2024, calculated from value and weight. | 1.47 USD per kg | 2024 | |
| Countries exported 10.19 million tonnes of this product in 2024. | 10.19 million tonnes | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Automotive suppliers
- Roofing makers
- Film converters
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
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- Method note and assumptions
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Frequently asked questions
How big is the global thermoplastic polyolefins market?
There is no single official market total. World exports of HS 390230 reached $14.96 billion in 2024, a direct measure of cross-border trade.
Which countries export the most thermoplastic polyolefins?
South Korea led world exports in 2024 with 12% of the total, followed by the United States, Singapore and Belgium.
Which countries import the most thermoplastic polyolefins?
China was the largest importer in 2024, followed by Germany, Mexico and Italy.
Is world trade in thermoplastic polyolefins growing?
World exports were 5% higher in 2024 than in 2019.
What is the average export price of thermoplastic polyolefins?
Dividing world export value by weight gives about $1.47 per kilogram in 2024.
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