Polyolefin Elastomers (POE) Production Capacity, Demand, Average Price and Industry Outlook Report Till 2034

Scope of Report 
The POE report describes the global POE market, with focus on the country, applications and other end-use scenarios. The study provides:

Market Data & Forecast (Short-term and Long-term)
•  Demand Analysis
•  Demand Composition, by Applications
•  Capacity 
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Demand Balance 
•  POE Market data in terms of volume and value for each end-use at regional and country level
•  POE Market analysis for capacity and demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment


Frequently Asked Questions

What is the global polyolefin elastomer market size?
The global polyolefin elastomers market size is estimated to surpass USD 3 billion by 2032 at a CAGR of 7% from 2023 to 2032. The global polyolefin elastomer market is dominated by the Asia-Pacific in terms consumption and production. The POE market is mainly driven by the increasing demand from the end use industries including automotive, packaging and wires & cables
What industries and applications commonly use POEs?
The major Polyolefin Elastomers applications include Automotive (Interior, Exterior), Footwear, Wires & cables, Packaging (Food and Industrial), Foam, Industrial & Construction, Medical Devices, and others. Automotive is the major end-use application of Polyolefin Elastomers. Automotive, foam, and wires & cable applications together account for over 70% of global Polyolefin Elastomers demand. Automotive application accounts for largest market of Polyolefin Elastomers market and it is anticipated to maintain its dominance throughout the forecast period.
What factors are driving the growth of the POE market globally?
Automotive is the major end-use application of Polyolefin Elastomers. Growth in the production of automobiles and initiatives taken by original equipment manufacturers to increase fuel efficiency, reduce emissions, eliminate fluid leaks, and improve the efficiency by reducing the weight of the vehicles will drive the demand for elastomers like POE in the long-term forecast.
Which regions or countries are the largest consumers and producers of POEs?
In 2022, Asia-Pacific accounted for more than 50% of the global Polyolefin Elastomers capacity. The region is a key market for Polyolefin Elastomers on the back of China, Japan, South Korea, and fast-growing India. China accounts for around 30% of the global Polyolefin Elastomers demand and more than 60% of Asia-Pacific POE market. North America is the second biggest consumer of Polyolefin Elastomers.
What are some of the key players in the global POE market?
Dow Chemicals, Mitsui Chemical, Inc, LG Chemical, SABIC, SK Chemicals, Dalmia Polymers and Borealis AG are some of the key POE producers.