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© Coherent market Insights. All Rights Reserved Polyolefin Elastomer (POE) Market- GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-2025
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© Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Rise in applications of polyolefin elastomer in automotive, adhesives, masterbatches, consumer goods, packaging, molded rubber goods, pipes, footwear, hoses, and wire and cable is driving growth of the global polyolefin elastomers market. According to the Coherent Market Insights’ study, global athletic footwear market is projected to register a CAGR of 2.33% in terms of revenue, over the forecast period. This significant growth in footwear market is fuelling growth of polyolefin elastomer market as it finds applications in flexible foams in athletic footwear, sandal, and others, owing to its properties such as resiliency, softness, and light weight. Growing demand from automotive industry is propelling growth of the global polyolefin elastomers market. According to the International Organization for Motor Vehicles Manufacturers (OICA), global motor vehicle production was around 90.78 million in 2015, which increased to 94.98 million in 2016. This rise in vehicle production is increasing demand for the polyolefin elastomer, owing to its applications in manufacturing automotive interior trim and automotive exterior parts such as automotive bumper fascia. Furthermore, polyolefin elastomers are utilized to modify polypropylene and polyethylene compounds or enhance flexibility of polypropylene and polyethylene molded products. According to a Coherent Market Insights’ study, molded plastic market is expected to surpass US$ 217.6 billion by 2025, which in turn is fuelling growth of the polyolefin elastomer market. Polyolefin Elastomer (POE) Market:Overview
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© Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Asia Pacific polyolefin elastomers market is growing rapidly and is expected to show substantial growth during the forecast period. According to the U.S. International Trade Administration (ITA), China was the largest vehicle producer between 2012 and 2014 and the average number of vehicles produced between 2012 and 2014 was 17.8 million. Also, vehicle production in China is expected to cross 27 million by 2020 thereby fuelling growth of the polyolefin elastomer market in this region. Furthermore, growing demand for molded plastic products such as toys and other household goods along with growing packaging industry is driving growth of the polyolefin elastomers market in Asia Pacific. According to the Coherent Market Insights’ study, Asia Pacific held the highest market share in molded plastic market in 2016 and is expected to exhibit highest CAGR of 6.7% during the forecast period (2017-2025). North America held significant market share in the global polyolefin elastomers market, owing to increasing demand from the automotive industry. According to the U.S. Census Bureau, total sales of cars and car parts was US$ 1 trillion in 2014 and increased by 6.5% in 2015. Furthermore, according to the U.S. International Trade Administration (ITA), the U.S. was the second-largest market for vehicle production and sale in 2016. Applications of polyolefin elastomers in automotive radiator hoses is to enhanced high temperature performance and for auto interior modifier is driving growth of the market in this region. Polyolefin Elastomer (POE) Market:Outlook
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© Coherent market Insights. All Rights Reserved REPORT DESCRIPTION By End-use Industry Automotive Packaging Adhesives Plastic Electrical and Electronics Others (Medical, Rubber, Consumer Goods and Personal Care) Request a sample copy of this report:https://www.coherentmarketinsights.com/insight/request- sample/1574https://www.coherentmarketinsights.com/insight/request- sample/1574 Polyolefin Elastomer (POE) Market:Segmentation
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© Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Mitsui Chemical, Inc. LG Chem Ltd. RTP Company, Inc. DowDuPont Inc. PolyOne Corporation Siloxane Aggrandize Innovative Industries Dalmia Polymers LLP Tricon Energy Inc. Borealis AG SK Global Chemical Co., Ltd. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing-insight/polyolefin-elastomer-market-1574 https://www.coherentmarketinsights.com/ongoing-insight/polyolefin-elastomer-market-1574 Polyolefin Elastomer (POE) Market:Key Players
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© Coherent market Insights. All Rights Reserved Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. ABOUT US ABOUT COHERENT MARKET INSIGHTS SERVICES INDUSTRY ANALYSIS CUSTOMIZED RESEARCH SYNDICATED RESEARCH CONSULT STUDIES MARKET INTELLIGENCE SERVICES COUNTRY SPECIFIC STUDIES
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© Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE BIOTECHNOLOG Y CLINICAL DIAGNOSTIC HEALTHCARE IT PHARMACEUTIC AL MEDICAL IMAGING MEDICAL DEVICES Chemicals & Materials Healthcare Bulk Chemicals Advanced Materials Speciality and Fine Chemicals Polymers & Resins Cosmetic Ingredients Food Ingredients
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© Coherent market Insights. All Rights Reserved Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES TECHNOLOGY SNIPPETS EXCEL FORECAST DATABASE COMPETITIVE ASSESSMENT SURVEY RESEARCH CUSTOMIZED SOLUTIONS CONSULT PROJECTS COUNTRY ANALYSIS KEY STATS Insights Published Per Year Consulting Projects Till Date Clients Worldwide Per Year Analysts and Contract Consultants 100+ 150+ 125+ 110+ ABOUT COHERENT MARKET INSIGHTS
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© Coherent market Insights. All Rights Reserved THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702
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