Thermoplastic Polyolefin Market size was valued at USD 4,732.1 million in 2021, growing at a CAGR of 6.6% from 2022 to 2028. The global market provides a detailed overview and which can be segmented by application, and region. Based on the application, the thermoplastic polyolefin market has been segregated into automotive, buildings & construction, home appliances, medical, industrial, and footwear. The automotive industry led the thermoplastic polyolefin market in 2020 and is projected to grow owing to larger penetration of passenger vehicles and increasing adoption of lightweight & high-performing industrial vehicles driving the growth of this segment. Furthermore, the increase in the adoption of electric and hybrid vehicles and the introduction of stringent regulations regarding carbon emissions have increased the demand for thermoplastic polyolefin from the automotive sector. The thermoplastic polyolefin has a wide range of usage in the evolving interior, exterior, and under-the-hood applications in the automotive sector and this sector is observing huge demand which will drive the thermoplastic polyolefin markets growth in the region.