Polyolefin Elastomers (POE) Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- 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.
Polyolefin Elastomers downstream is wide and recently Polyolefin Elastomers has acquired increasing significance in various fields of General Purpose Thermoplastic Elastomers, Polymer Modification, Wire & Cable and Others. Globally, the Polyolefin Elastomers market is mainly driven by growing demand for General Purpose Thermoplastic Elastomers. General Purpose Thermoplastic Elastomers accounts for nearly 54.32% of total downstream consumption of Polyolefin Elastomers in global.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Polyolefin Elastomers consumption will show a trend of steady growth. In 2023 the consumption of Polyolefin Elastomers is estimated to be 1455.9 K MT. On product prices, the slow downward trend in recent years will maintain in the future. The global Polyolefin Elastomers (POE) market was 1660 million US$ in 2018 and is expected to 2340 million US$ by the end of 2025, growing at a CAGR of 4.4% between 2019 and 2025.
This report studies the Polyolefin Elastomers (POE) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Polyolefin Elastomers (POE) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Dow
Mitsui Chemical
ExxonMobil Chemical
LG Chemical
SABIC SK Nexlene Company (SSNC)
By the product type, the market is primarily split into
Injection Grade
General Grade
Extrusion Grade
By the end users/application, this report covers the following segments
General Purpose Thermoplastic Elastomers
Polymer Modification
Wire & Cable
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