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Thermoplastic polyolefin elastomer consumption expected to exceed 2,890 KT by the end of 2031 at 4.7 percent CAGR

The latest study by Fact.MR on the Thermoplastic Polyolefin Elastomers (TPO) market reveals that consumption over the past half-decade increased by 4% CAGR to 1,890 KT in 2020. TPO consumption is expected to exceed 2,890 KT by the end of 2031 at 4.7% CAGR. The key factor driving the growth of the market is the divestment opportunity being opted in by key stakeholders in the TPO industry.

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Hillenbrand reports positive results for first quarter

Revenue from continuing operations of $656 million increased 16% compared to the prior year, largely due to acquisitions. On an organic basis, which excludes the impacts of the Linxis, Herbold, Peerless, and Gabler acquisitions, the TerraSource Global divestiture, and foreign currency exchange, revenue increased 4% year over year, primarily due to higher aftermarket parts and service revenue and favorable pricing.

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Market ReportsNewsrss6

Global robot operating system market forecast at $1.4 billion by 2031

Robot operating system, sometimes known as ROS, is a collection of open-source robotics middleware. However, it is not an operating system (OS); ROS is a collection of software frameworks for the creation of robot software. As such, it offers services such as hardware abstraction, low-level device control, the implementation of frequently used functionality, message-passing between processes, and package management that are intended for a heterogeneous computer cluster. In other words, ROS is a set of programming tools and code that assist projectors in running the computer code necessary to perform the action, as well as the infrastructure for doing so, such as messages travelling across processes

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