Market Overview:
The global polyolefin elastomer (POE) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for POE in automotive parts, industrial, consumer products, electrical and hose and tubing applications. In terms of type, the medical grade segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to the increasing demand for medical grade POE from end-use industries such as automotive and healthcare.
 Industry Outlook.svg)
Product Definition:
A polyolefin elastomer is a type of synthetic rubber made from polyolefins, which are hydrocarbons that have two or more carbon-carbon double bonds. Polyolefin elastomers are important because they combine the strength and durability of plastics with the flexibility and resilience of rubber. This makes them ideal for use in products such as hoses, belts, seals, and gaskets.
Medical Grade:
Medical-grade polyolefins are high molecular weight polymers, which are used as a binding medium for the drug or medicine. The growth factor in medical-grade polyolefin elastomer (POE) market is driven by factors such as increasing demand from pharmaceutical and biotechnology industries, rising awareness of bio-based products coupled with stringent government regulations on account of growing environmental concerns.
Industrial Grade:
Industrial grade is a type of polyolefin that has been processed to remove impurities such as antioxidants, metallocenes, and other non-transparent ingredients. It is used in the production of High-Density Polyethylene (HDPE) and Low-Density Polyethylene (LDPE) polymer resin. Industrial grade olefins are characterized by their high molecular weight which results in enhanced processability for manufacturing thermoplastic elastomers.
Application Insights:
The automotive parts segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. Polyolefin elastomer has excellent properties, such as chemical resistance, high temperature stability, low water absorption and flexibility which make it a suitable material for manufacturing automobile components.
POE exhibits superior characteristics when compared to other plastics used in vehicle manufacturing such as polycarbonate and nylon; these factors are expected to drive its demand from various automotive applications including body panels, interior trim pieces & moldings along with power trains & transmission systems. In addition, growing awareness regarding environment conservation coupled with government regulations pertaining to emission control is likely to propel POE consumption in automobiles over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, Indonesia, Malaysia and Thailand. Growing population coupled with increasing living standards have resulted in increased product demand from residential as well as industrial sectors of these countries.
POE manufacturers are also expanding their capacities in this region due to cheap labor costs and availability of raw material suppliers at a low cost. In addition, growing automotive production mainly driven by Chinese manufacturers will further propel industry growth over the next eight years.
Europe was estimated at USD X billion in 2017 owing to high consumer awareness regarding health issues caused due to exposure to VOC chemical compounds while working with PVC products or rubber gloves for medical waste disposal applications among others will drive POE consumption over the forecast period -28%.
Growth Factors:
- Increasing demand from automotive industry: The global automotive market is expected to grow at a CAGR of around 4% during the forecast period. This is owing to the increasing demand for passenger cars and commercial vehicles in emerging economies such as China, India, and Brazil. Polyolefin elastomers are extensively used in various components of automobiles such as hoses, belts, gaskets, and seals due to their excellent properties such as high thermal stability and resistance to oil and fuel leakage.
- Rising demand for medical devices: The global medical device market is projected to grow at a CAGR of around 7% during the forecast period. This growth can be attributed to the increasing prevalence of chronic diseases across the globe coupled with rising healthcare expenditure by governments and private players alike. Polyolefin elastomers are extensively used in medical devices owing to their excellent properties such as biocompatibility, non-toxicity, low gas permeability, good electrical insulation properties etc.
- Growing construction sector: The global construction sector is projected to grow at a CAGR of around 5% during the forecast period on account of rapid urbanization & industrialization across emerging economies coupled with increased public & private investment in infrastructure development projects worldwide .Polyolefin elastomers are widely used in various applications segments of construction industry including pipes & fittings (water supply systems), seals (doors/windows), adhesives (flooring/ceilings), hoses
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyolefin Elastomer (POE) Market Research Report
By Type
Medical Grade, Industrial Grade, Others
By Application
Automotive Parts, Industrial, Consumer Products, Electrical, Hose and Tubing
By Companies
he Dow Chemical Company, LG Chem, Polmann India Ltd., RTP Company, Foster Corporation, Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Corporation, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Polyolefin Elastomer (POE) Market Report Segments:
The global Polyolefin Elastomer (POE) market is segmented on the basis of:
Types
Medical Grade, Industrial Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Parts, Industrial, Consumer Products, Electrical, Hose and Tubing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- he Dow Chemical Company
- LG Chem
- Polmann India Ltd.
- RTP Company
- Foster Corporation
- Saudi Basic Industries Corporation (SABIC)
- Mitsubishi Chemical Corporation
- ...
 Market Overview.svg)
Highlights of The Polyolefin Elastomer (POE) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Grade
- Industrial Grade
- Others
- By Application:
- Automotive Parts
- Industrial
- Consumer Products
- Electrical
- Hose and Tubing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyolefin Elastomer (POE) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
POE is a type of polyolefin elastomer. POE is made from two or more types of polyolefins, which are blended together to create a flexible material that can be stretched and shaped. POE has many applications, including in products such as insulation, sealants, and adhesives.
Some of the major players in the polyolefin elastomer (poe) market are he Dow Chemical Company, LG Chem, Polmann India Ltd., RTP Company, Foster Corporation, Saudi Basic Industries Corporation (SABIC), Mitsubishi Chemical Corporation.
The polyolefin elastomer (poe) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyolefin Elastomer (POE) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polyolefin Elastomer (POE) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyolefin Elastomer (POE) Market - Supply Chain
4.5. Global Polyolefin Elastomer (POE) Market Forecast
4.5.1. Polyolefin Elastomer (POE) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyolefin Elastomer (POE) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyolefin Elastomer (POE) Market Absolute $ Opportunity
5. Global Polyolefin Elastomer (POE) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
5.3.1. Medical Grade
5.3.2. Industrial Grade
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyolefin Elastomer (POE) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
6.3.1. Automotive Parts
6.3.2. Industrial
6.3.3. Consumer Products
6.3.4. Electrical
6.3.5. Hose and Tubing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyolefin Elastomer (POE) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polyolefin Elastomer (POE) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polyolefin Elastomer (POE) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polyolefin Elastomer (POE) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polyolefin Elastomer (POE) Demand Share Forecast, 2019-2029
9. North America Polyolefin Elastomer (POE) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
9.4.1. Automotive Parts
9.4.2. Industrial
9.4.3. Consumer Products
9.4.4. Electrical
9.4.5. Hose and Tubing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
9.7.1. Medical Grade
9.7.2. Industrial Grade
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polyolefin Elastomer (POE) Demand Share Forecast, 2019-2029
10. Latin America Polyolefin Elastomer (POE) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
10.4.1. Automotive Parts
10.4.2. Industrial
10.4.3. Consumer Products
10.4.4. Electrical
10.4.5. Hose and Tubing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
10.7.1. Medical Grade
10.7.2. Industrial Grade
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polyolefin Elastomer (POE) Demand Share Forecast, 2019-2029
11. Europe Polyolefin Elastomer (POE) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polyolefin Elastomer (POE) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
11.4.1. Automotive Parts
11.4.2. Industrial
11.4.3. Consumer Products
11.4.4. Electrical
11.4.5. Hose and Tubing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
11.7.1. Medical Grade
11.7.2. Industrial Grade
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polyolefin Elastomer (POE) Demand Share, 2019-2029
12. Asia Pacific Polyolefin Elastomer (POE) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polyolefin Elastomer (POE) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
12.4.1. Automotive Parts
12.4.2. Industrial
12.4.3. Consumer Products
12.4.4. Electrical
12.4.5. Hose and Tubing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
12.7.1. Medical Grade
12.7.2. Industrial Grade
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polyolefin Elastomer (POE) Demand Share, 2019-2029
13. Middle East & Africa Polyolefin Elastomer (POE) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polyolefin Elastomer (POE) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polyolefin Elastomer (POE) Market Size and Volume Forecast by Application
13.4.1. Automotive Parts
13.4.2. Industrial
13.4.3. Consumer Products
13.4.4. Electrical
13.4.5. Hose and Tubing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyolefin Elastomer (POE) Market Size and Volume Forecast by Type
13.7.1. Medical Grade
13.7.2. Industrial Grade
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polyolefin Elastomer (POE) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Polyolefin Elastomer (POE) Market: Market Share Analysis
14.2. Polyolefin Elastomer (POE) Distributors and Customers
14.3. Polyolefin Elastomer (POE) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. he Dow Chemical Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Polmann India Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RTP Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Foster Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saudi Basic Industries Corporation (SABIC)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Chemical Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
