Market Analysis and Insights: Global Polyolefin Elastomers (POE) Market

Polyolefin elastomers (or POEs) are a relatively new class of polymers that emerged with recent advances in metallocene polymerization catalysts. Representing one of the fastest growing synthetic polymers, POE’s can be substituted for a number of generic polymers including ethylene propylene rubbers (EPR or EPDM), ethylene vinyl acetate (EVA), styrene-block copolymers (SBCs), and poly vinyl chloride (PVC). POEs are compatible with most olefinic materials, are an excellent impact modifier for plastics, and offer unique performance capabilities for compounded products.

Due to the COVID-19 pandemic, the global Polyolefin Elastomers (POE) market size is estimated to be worth US$ 1710.1 million in 2022 and is forecast to a readjusted size of US$ 2647.3 million by 2029 with a CAGR of 5.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Injection Grade accounting for % of the Polyolefin Elastomers (POE) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Automotive Parts segment is altered to an % CAGR throughout this forecast period.

Global main manufacturers of Polyolefin Elastomers (POE) include Dow, Mitsui Chemical and LG Chemical, etc. The top three players hold a share about 86%. The global Polyolefin Elastomers (POE) products are mainly produced in United States, Japan and South Korea, they occupied for a share about 95%. Asia Pacific is the largest market, has a share about 55%, followed by North America and Europe, with share 23% and 16%, separately.

Global Polyolefin Elastomers (POE) Scope and Market Size

The global Polyolefin Elastomers (POE) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Polyolefin Elastomers (POE) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Injection Grade

General Grade

Extrusion Grade

Others


Segment by Application


Automotive Parts

Consumer Products

Wire & Cable

Foams & Footwears

Packaging Products

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Dow

Mitsui Chemical

LG Chemical

SABIC SK Nexlene Company (SSNC)

ExxonMobil Chemical

Borealis