Polyolefin Elastomers (POE) Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - DowDuPont, Mitsui Chemical, ExxonMobil Chemical, LG Chemical

The global Polyolefin Elastomers (POE) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.9% during the review period (2022 to 2027)

Polyolefin Elastomers (POE) Market Overview

Polyolefins are a family of olefin-based polymers, which are communal monomers used to make polymers like polyethylene and polypropylene. POEs (polyolefin elastomers) are a form of polymer that has emerged through new advances in metallocene polymerization catalysts. In addition, the polymer offers excellent properties that contain amorphous to crystalline, thermal stability, superior elasticity, low-temperature ductility, toughness, and UV resistance. The increasing adoption of polyolefins in automotive industry owing to increasing its use in wire & cable coatings, inexteriors and interiors, and extrusion coating will fuel the polyolefins elastomer market growth.  The growing demand for polyolefin elastomer from the healthcare industry will flourish the market growth. Polyolefins are used in a wide range of medical applications such as introducers, dilators, film, molded components, and packaging. The demand can be associated with its ability to offer chemical resistance, good biocompatibility, and lubricity while offering acceptable tensile and effect properties. The growing technological advancement in medical products coupled with rapid growth in the healthcare industry will propel the demand for polyolefin elastomer. Hence, such factors will boost the market growth.Rise in applications of polyolefin elastomer in automotive, adhesives, master batches, consumer goods, packaging, molded rubber goods, pipes, footwear, hoses, and wire and cable is driving growth of the global polyolefin elastomers market.

Industry News and Updates

In Februry 2020, Dow Packaging and Specialty Plastics has added bio-based Affinity RE to its high-performance Affinity GA polyolefin elastomers (POE). With this expansion, Affinity RE has helped Henkel's Technomelt brand reduce its carbon footprint in its latest Supra Eco hot melt adhesives line.

May 13, 2019: ExxonMobil doubles manufacturing capacity of specialty elastomers at Newport, Wales plant-- 

ExxonMobil said today it has completed an expansion of its specialty elastomers manufacturing plant in Newport, Wales, which doubles the plant’s manufacturing capacity and increases global manufacturing capacity of Santoprene™ thermoplastic elastomers by 25 percent.

What are the major Applications, Types and Regions for Polyolefin Elastomers (POE) Market?

Polyolefin Elastomers (POE) Market is segmented based on the type, applications, companies and regions.

By Type, Polyolefin Elastomers (POE) Market has been segmented into 

• Injection Grade


• General Grade


• Extrusion Grade

By Application, Polyolefin Elastomers (POE) Market has been segmented into 

• General Purpose Thermoplastic Elastomers


• Polymer Modification


• Wire & Cable


• Others

Polyolefin Elastomers (POE) Market Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Polyolefin Elastomers (POE) Market in important regions, including the 

North America

• 
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The largest proportion of the POE market is held by North America. Regional growth will be fueled by rising demand for thermoformable elastomers in the automotive and construction industries. Due to the presence of major automobile manufacturers in Germany, France, and the United Kingdom, as well as a high demand for welding cables in Spain, North America will be followed by Europe in 2020. The APAC POE market is expected to increase in response to the growing need for POE in medical devices. The polymer industry's main revenue generators are China, India, and Japan. China has been one of the top revenue providers for the Asia Pacific market, thanks to the growing medical device sector and rising disposable income of the people. Asia Pacific accounts for the majority of the worldwide polyolefin elastomers (POE) market, with developing countries such as China and Japan contributing significantly.

What is our Polyolefin Elastomers (POE) Market report scope?

Key Takeaways from this Polyolefin Elastomers (POE) Report

• Evaluate Polyolefin Elastomers (POE) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Polyolefin Elastomers (POE) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Polyolefin Elastomers (POE) Market?

The Polyolefin Elastomers (POE) Market is growing at a CAGR of 5.9% over the next 5 years.

Who are the key players in Polyolefin Elastomers (POE) Market?

DowDuPont, Mitsui Chemical, ExxonMobil Chemical, LG Chemical, SABIC SK Nexlene Company (SSNC)

All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.