Polyolefin Elastomers (POE) Trends and Forecast
The future of the global polyolefin elastomers (POE) market looks promising with opportunities in the automotive, foam, wire & cable, household good, packaging markets. The global polyolefin elastomers (POE) market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are rising consumer awareness of sustainable products, increasing urbanization and infrastructure development, and growing need in end-use industries.Polyolefin Elastomers (POE) by Segment
The study includes a forecast for the global polyolefin elastomers (POE) by sale channel, end use, and region.Polyolefin Elastomers (POE) Market by Sale Channel [Shipment Analysis by Value from 2018 to 2030]:
- Direct Sale
- Indirect Sale
Polyolefin Elastomers (POE) Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- Foam
- Wire & Cable
- Household Goods
- Packaging
- Others
Polyolefin Elastomers (POE) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Polyolefin Elastomers (POE) Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyolefin elastomers (POE) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the polyolefin elastomers (POE) companies profiled in this report include:
- LG Chem
- Dow Chemical Company
- Mitsui Elastomers
- Exxon Mobil
- SABIC
Polyolefin Elastomers (POE) Market Insights
The publisher forecasts that direct sale is expected to witness higher growth over the forecast period.Within this market, automotive will remain the largest segment.
APAC is expected to witness the highest growth over the forecast period due to many industrial applications of POE such as for manufacturing automobile components and foam.
Features of the Global Polyolefin Elastomers (POE) Market
- Market Size Estimates: Polyolefin elastomers (POE) market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Polyolefin elastomers (POE) market size by sale channel, end use, and region in terms of value ($B).
- Regional Analysis: Polyolefin elastomers (POE) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different sale channel, end use, and regions for the polyolefin elastomers (POE) market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyolefin elastomers (POE) market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for polyolefin elastomers (POE) market?Answer: The global polyolefin elastomers (POE) market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the polyolefin elastomers (POE) market?
Answer: The major drivers for this market are rising consumer awareness of sustainable products, increasing urbanization and infrastructure development, and growing need in end-use industries.
Q3. What are the major segments for polyolefin elastomers (POE) market?
Answer: The future of the global polyolefin elastomers (POE) market looks promising with opportunities in the automotive, foam, wire & cable, household good, packaging markets.
Q4. Who are the key polyolefin elastomers (POE) market companies?
Answer: Some of the key polyolefin elastomers (POE) companies are as follows:
- LG Chem
- Dow Chemical Company
- Mitsui Elastomers
- Exxon Mobil
- SABIC
Answer: The publisher forecasts that direct sale is expected to witness higher growth over the forecast period.
Q6. In polyolefin elastomers (POE) market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to many industrial applications of POE such as for manufacturing automobile components and foam.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyolefin elastomers (POE) market by sale channel (direct sale and indirect sale), end use (automotive, foam, wire & cable, household goods, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Polyolefin Elastomers (POE) Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- LG Chem
- Dow Chemical Company
- Mitsui Elastomers
- Exxon Mobil
- SABIC
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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