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The Asia Pacific Polyolefin Elastomers (POE) market size was valued at US$ 2.14 billion in 2024 and is projected to reach US$ 2.98 billion by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
Polyolefin Elastomers (POE) are synthetic polymers that combine the flexibility of elastomers with the processability of polyolefins, used in various applications including automotive parts, flexible packaging, and consumer goods.
The Asia Pacific POE market is growing robustly, driven by demand for lightweight materials in automotive manufacturing and flexible packaging solutions. China accounts for 45% of the market, followed by Japan at 25% and South Korea at 15%. In 2023, the automotive industry consumed 40% of total production, with packaging at 30% and consumer goods at 20%. The market experienced a 10% growth in demand for POE in thermoplastic vulcanizates for automotive weather sealing. Key players include Mitsui Chemicals (Japan) and LG Chem (South Korea), holding a combined 50% market share in the region. The industry is investing in bio-based POE development, with a 15% increase in R&D spending on sustainable feedstocks in 2023. Challenges include competition from traditional elastomers and price volatility of petrochemical feedstocks, leading to an 8% focus on improving product performance and cost-effectiveness. The trend towards electric vehicles has driven a 12% increase in POE use for battery components and lightweight interior parts. The market is benefiting from the growth of the flexible packaging industry, with a 18% rise in POE demand for food packaging applications.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Polyolefin Elastomers (POE) . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Polyolefin Elastomers (POE) , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Polyolefin Elastomers (POE) , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyolefin Elastomers (POE) . This report contains market size and forecasts of Polyolefin Elastomers (POE) in Asia Pacific, including the following market information:
We surveyed the Polyolefin Elastomers (POE) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Injection Grade POE
• General Grade POE
• Extrusion Grade POE
• Others
• Automotive Parts
• Consumer Products
• Wire & Cable
• Foams & Footwears
• Packaging Industry
• Others
• Sinopec
• LG Chem
• Mitsui Chemicals
• SABIC
• Kumho Petrochemical
• ExxonMobil
• Sumitomo Chemical
• LyondellBasell
• TSRC Corporation
• Lotte Chemical
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Polyolefin Elastomers (POE) revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Polyolefin Elastomers (POE) revenues share in Asia Pacific market, 2023 (%)
• Key companies Polyolefin Elastomers (POE) sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Polyolefin Elastomers (POE) sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Polyolefin Elastomers (POE)
• It describes present situation, historical background and future forecast
• Comprehensive data showing Polyolefin Elastomers (POE) capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Polyolefin Elastomers (POE) manufacturers
• Polyolefin Elastomers (POE) forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Polyolefin Elastomers (POE)
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Injection Grade POE
1.2.3 General Grade POE
1.2.4 Extrusion Grade POE
1.2.5 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive Parts
1.3.3 Consumer Products
1.3.4 Wire & Cable
1.3.5 Foams & Footwears
1.3.6 Packaging Industry
1.3.7 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 Sinopec
8.1.1 Sinopec Corporation Information
8.1.2 Sinopec Product Portfolio
8.1.3 Sinopec Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Sinopec Main Business and Markets Served
8.1.5 Sinopec Recent Developments/Updates
8.2 LG Chem
8.2.1 LG Chem Corporation Information
8.2.2 LG Chem Product Portfolio
8.2.3 LG Chem Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 LG Chem Main Business and Markets Served
8.2.5 LG Chem Recent Developments/Updates
8.3 Mitsui Chemicals
8.3.1 Mitsui Chemicals Corporation Information
8.3.2 Mitsui Chemicals Product Portfolio
8.3.3 Mitsui Chemicals Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Mitsui Chemicals Main Business and Markets Served
8.3.5 Mitsui Chemicals Recent Developments/Updates
8.4 SABIC
8.4.1 SABIC Corporation Information
8.4.2 SABIC Product Portfolio
8.4.3 SABIC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 SABIC Main Business and Markets Served
8.4.5 SABIC Recent Developments/Updates
8.5 Kumho Petrochemical
8.5.1 Kumho Petrochemical Corporation Information
8.5.2 Kumho Petrochemical Product Portfolio
8.5.3 Kumho Petrochemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Kumho Petrochemical Main Business and Markets Served
8.5.5 Kumho Petrochemical Recent Developments/Updates
8.6 ExxonMobil
8.6.1 ExxonMobil Corporation Information
8.6.2 ExxonMobil Product Portfolio
8.6.3 ExxonMobil Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 ExxonMobil Main Business and Markets Served
8.6.5 ExxonMobil Recent Developments/Updates
8.7 Sumitomo Chemical
8.7.1 Sumitomo Chemical Corporation Information
8.7.2 Sumitomo Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Sumitomo Chemical Main Business and Markets Served
8.7.4 Sumitomo Chemical Recent Developments/Updates
8.8 LyondellBasell
8.8.1 LyondellBasell Corporation Information
8.8.2 LyondellBasell Product Portfolio
8.8.3 LyondellBasell Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 LyondellBasell Main Business and Markets Served
8.8.5 LyondellBasell Recent Developments/Updates
8.9 TSRC Corporation
8.9.1 TSRC Corporation Corporation Information
8.9.2 TSRC Corporation Product Portfolio
8.9.3 TSRC Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 TSRC Corporation Main Business and Markets Served
8.9.5 TSRC Corporation Recent Developments/Updates
8.10 Lotte Chemical
8.10.1 Lotte Chemical Corporation Information
8.10.2 Lotte Chemical Product Portfolio
8.10.3 Lotte Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Lotte Chemical Main Business and Markets Served
8.10.5 Lotte Chemical Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Polyolefin Elastomers (POE)
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
