In the automobile industry, the demand for polypropylene (PP) compounds is rising due to the increasing number of electric vehicles that are made from lightweight materials. Government securities are also pushing the adoption of long fiber polypropylene compounds. PP compound helps in weight reduction, which contributes significantly to fuel efficiency. PP compound is a cost-effective solution that is driving its demand exponentially. The use of PP compound helps to reduce CO2 emission, which is an environment-friendly aspect of applications of PP compounds in the automobile industry.
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The
growth in the automotive industry, the evolution of electric vehicles,
and the cannibalization of other materials used in the automotive
industry by PP compounds are expected to drive the market. The PP
compound is an environment-friendly alternative material for
manufacturing automotive parts. It is an energy-wise and safety-wise
effective alternative to traditional materials such as steel and
aluminum. The PP compound is a reusable, high resistance, and
cost-effective long-run solution for the automobile industry.
The
increasing application areas for PP compound in the automotive industry
had led to the surge in different types of PP compounds for varied
applications. Mineral field blended with plastics, thermoplastic
polyolefins (TPO), thermoplastic vulcanizate (TPV), and glass reinforced
polypropylene are various application products of PP compounds. A
mineral-filled PP compound is used in an automotive exterior that
provides strength and durability to vehicles. Glass reinforced PP
compound has application in the engine and transmission of a vehicle
that replaces traditional usage of metal. TPO and TPV are widely used in
closures, bumpers, and fenders owing to their high impact strength.
They are also used in interiors for their soft-touch property.
The
growth of the PP compound market for automotive industry can be
attributed to the growing usage of lightweight materials in ICE vehicles
and electric vehicles (EVs). Also, there has been a growing demand for
long fiber polypropylene compounds for automotive front-end carriers,
instrument-panel carriers, consoles, door panels, underbody shields, and
pedals.
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Thermoplastic
polyolefins (TPO) are used for applications that require high impact
strength. TPO is polypropylene compounded with a rubber/elastomer
without being vulcanized. Polypropylene compound, which contains
vulcanized rubber/elastomer, is termed as thermoplastic vulcanizate
(TPV). These have high-elastic strength and are used for coverings and
tubes. TPO and TPV are widely used in automotive interiors for parts
such as instrument panels, center consoles, and interior trims. Interior
parts that require good aesthetics along with a soft touch, make use of
TPO and TPV.
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