As per this study, the Global Polyolefin elastomer Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Polyolefin Elastomer (POE) are categorized under polymers that are produced by copolymerization of ethylene and different comonomers. They have relatively low density, great toughness, better elasticity, low-temperature ductility, UV resistance, and thermal stability. Medical, electrical, electronics, and automotive are some of the end-user industries of Polyolefin Elastomer.
The market of polyolefin elastomer is expected to gain significant growth owing to the rising application across adhesives, molded rubber goods, footwear foams, pipes, packaging, wires, and cables. Also, rising demand from the automotive industry along with rising demand for molded products is further augmenting market growth. Rising usage of products across electrical and electronic industry coupled with the flourishing packaging and footwear industries is also expected to boost the market demand over the forecast period. On the other hand, fluctuating prices of crude oil and expensive raw materials are expected to limit market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of polyolefin elastomer.
The broad polyolefin elastomer market has been sub-grouped into type, manufacturing method, application, and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Manufacturing Method
- Ethylene Propylene Diene Monomer
- Injection Molding
- Extrusion Molding
- Blow Molding
- Cast And Blown Film Extrusion
- Foam And Calendering
- Molded Rubber Goods
- Wires And Cables
- Automotive Interior
- Medical Equipment
- Consumer Goods
- Electrical And Electronics
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for polyolefin elastomer in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Polyolefin Elastomer Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the polyolefin elastomer market include DowDuPont, Exxon Mobil Corporation, LG Chem, LyondellBasell Industries Holdings BV, Mitsubishi Chemical Holding Corporation, Mitsui Chemicals, Inc., Polmann India Ltd, PolyOne Corporation, RTP Compan, SABIC, and The Dow Chemical Company. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.