Polyolefin Elastomer Market by Type (Polyethylene, Polypropylene, Ethylene Propylene Diene Monomer), by Manufacturing Method (Injection Molding, Extrusion Molding, Blow Molding), by Application (Adhesives, Molded Rubber Goods, Wires And Cables), by End-Use (Automotive, Healthcare, Consumer Goods, Packaging), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
Polyolefin Elastomer Market size was valued at USD 1880.67 million in 2019 and is poised to grow from USD 2026.2 million in 2023 to USD 3684.3 million by 2031, growing at a CAGR of 7.76% in the forecast period (2024-2031). Polyolefin elastomers (POEs) are a genus of TPEs that possess superior elasticity and durability. These materials are prepared by the polymerization of olefins like ethylene and propylene, and the product has rubbery particles over a thermoplastic matrix. POEs are characterized by their rubber-like elasticity and the fact the fact that they can be processed as easily as plastics for multiple uses. The other unique characteristic that defines POEs is their high degree of elongation, which implies that they can be significantly stretched without getting degraded permanently. They can be used in applications where they may be flexed or bent multiple times, for instance, automotive seals, gaskets, and soft-touch grips. Also, POEs have the propensity to resist chemicals, UV rays, and high or low temperatures to make them durable and long-lasting in a harsh environment. The benefits of POEs are that they are processed by injection moulding, extrusion, or blow moulding, which makes it possible to produce complicated shapes and parts at a lower cost.
Type:
Manufacturing Method:
Application:
End-Use:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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