Global polyolefin elastomers market forecast at $4.8 billion by 2028

Pune, India – The global Polyolefin Elastomers (POE) market size was valued at USD 2731.77 million in 2022 and is expected to expand at a CAGR of 9.9% during the forecast period, reaching USD 4811.93 million by 2028 according to Market Growth Reports.

Polyolefin elastomers (POE) are elastomers based on a polyethylene backbone. POEs offer low density and high flexibility and are commonly used to impact modify PE and PP compounds or to make PE and PP molded products more flexible. They can be used in injection molding, extrusion, film and compounding.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Polyolefin Elastomers (POE) market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

Key players in the global Polyolefin Elastomers (POE) market are: SABIC SK Nexlene Company (SSNC), ExxonMobil Chemical, Mitsui Chemical, Borealis, Dow, LG Chemical.