Olefin Block Copolymers (OBCs) are polyolefins with alternating blocks of hard (highly rigid) and soft (highly elastomeric) segments. The block structure of OBCs offers an advantaged performance balance of flexibility and heat resistance compared to random polyolefin copolymers.

Market Analysis and Insights: Global Olefin Block Copolymer (OBC) Market

Due to the COVID-19 pandemic, the global Olefin Block Copolymer (OBC) market size is estimated to be worth US$ 109.3 million in 2022 and is forecast to a readjusted size of US$ 148.2 million by 2028 with a CAGR of 5.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, OBC accounting for % of the Olefin Block Copolymer (OBC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Footwear segment is altered to an % CAGR throughout this forecast period.

The main manufacturers of olefin block copolymers (OBC) are Dow Chemical, PolyOne (GLS Corp), Dow Chemical ranks first in the world, accounting for about 90% of the entire market.

North America is the main market, accounting for about 70%, followed by Southeast Asia at about 20%.

Global Olefin Block Copolymer (OBC) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Olefin Block Copolymer (OBC) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


OBC

OBC Compounds


Segment by Application


Footwear

Adhesives

Housewares

Infrastructure

Others


By Company


Dow Chemical

Polyone (GLS Corp)


Production by Region



North America

Southeast Asia

China


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina