The polyolefin elastomer prices in the United States for the last quarter of the financial year 2023 reached 3215 USD/MT in December. Its prices in the USA dropped in Q4 2023, largely due to the automotive sector's downturn caused by United Automobile Workers (UAW) strikes. Additionally, winter's high costs of energy pushed production expenses, further depressing prices.

Polyolefin Elastomer (POE) Prices December 2023

Explore IMARC’s newly published report, titled “Polyolefin Elastomer (POE) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyolefin elastomer (POE) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Why did the Polyolefin Elastomer (POE) Price Change in July 2025? Polyolefin Elastomer (POE) prices in North America declined by approximately 2.1% quarter-over-quarter in Q2 2025, influenced by weakened demand from packaging and automotive sectors.

Why did the Polyolefin Elastomer (POE) Price Change in May 2025? The Polyolefin Elastomer (POE) Price Index in North America declined by 1.77% in Q1 2025 compared to Q4 2024.

The Polyolefin Elastomers (POE) market exhibits robust growth, with a market size of $2,862.6 million in 2025 and a Compound Annual Growth Rate (CAGR) of 12.4% projected from 2025 to 2033. This significant expansion is driven by increasing demand across diverse sectors, notably automotive, packaging, and consumer goods. The automotive industry's adoption of POE in wire and cable insulation, bumpers, and seals fuels this growth, driven by the need for lightweight, durable, and flexible materials. Similarly, the packaging industry utilizes POE for flexible films and modified films offering improved durability and heat resistance. The expanding consumer goods sector, with increasing demand for durable and flexible materials in applications such as footwear and sporting goods, further contributes to market expansion. Major players like Dow, Mitsui Chemical, LG Chem, SABIC, ExxonMobil, and Borealis are key contributors, driving innovation and competition within the market. Continued market growth is anticipated to be supported by ongoing technological advancements in POE formulations, leading to enhanced performance characteristics and broader applicability. However, fluctuations in raw material prices and the potential emergence of alternative materials could present challenges to sustained growth. To mitigate these risks, market players are focusing on optimizing production processes and exploring sustainable sourcing options for raw materials. Furthermore, strategic collaborations and investments in research and development are crucial for maintaining a competitive edge and capturing market share in this dynamic environment. The regional distribution of the market likely reflects established manufacturing hubs and consumer demand in regions such as North America, Asia-Pacific, and Europe. Detailed regional breakdowns, however, require further data.

Get the latest insights on price movement and trend analysis of Polyolefin Elastomers in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

global Polyolefin Elastomers (POE) market reached around 1118 thousand tonnes in 2024 and is expected to grow at a CAGR of 5.72% during the forecast period until 2035.

Polyolefin Elastomers (POE) Market Outlook

The global Polyolefin Elastomers (POE) market size was valued at approximately USD 5.8 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032, reaching an estimated USD 10.8 billion by 2032. This growth is driven by the increasing demand for lightweight and durable materials across various industries, particularly in automotive and consumer goods. The superior properties of POEs, such as flexibility, resistance to environmental factors, and ease of processing, contribute significantly to their widespread adoption and market expansion.

The burgeoning automotive industry is one of the primary growth drivers for the POE market. With the global push towards fuel efficiency and reduced emissions, the automotive sector is increasingly adopting lightweight materials, such as POEs, to replace traditional heavier materials. POEs are favored for their ability to reduce vehicle weight while maintaining impact resistance and structural integrity. Additionally, the rise of electric vehicles (EVs) further fuels this demand, as these vehicles require materials that offer thermal stability and insulation properties, both of which POEs provide. Moreover, the overall expansion of the automotive sector, especially in emerging economies, is a significant growth catalyst.

Another major growth factor is the ever-increasing demand for consumer goods and packaging solutions that are sustainable and environmentally friendly. POEs are integral in the production of flexible packaging materials that offer superior sealing and puncture resistance. As consumer preferences shift towards products that are perceived as environmentally responsible, manufacturers are compelled to adopt POEs due to their recyclable nature and minimal environmental footprint. Furthermore, the versatility of POEs in packaging solutions, where they can be used to produce both rigid and flexible packaging, makes them an attractive choice for manufacturers aiming to diversify their product offerings.

The proliferation of construction activities worldwide, particularly in urban areas of developing regions, also bolsters the POE market. The construction industry demands materials that are not only durable but also flexible enough to accommodate structural shifts and expansions. POEs, with their excellent weatherability and resistance to harsh environmental conditions, are ideal for various construction applications, including roofing membranes and sealants. The ongoing urbanization and infrastructure development projects in regions such as Asia Pacific and Latin America provide a robust platform for the growth of the POE market, as these regions seek modern materials to meet their construction demands.

Polypropylene Oxide Elastomers, although not as widely recognized as some other elastomers, are gaining traction due to their unique properties and potential applications. These elastomers are known for their excellent flexibility and resilience, making them suitable for various demanding applications. In particular, their resistance to chemicals and ability to maintain performance under extreme temperatures make them an attractive choice for industries such as automotive and electronics. As industries continue to evolve, the demand for materials that offer both performance and sustainability is increasing, positioning Polypropylene Oxide Elastomers as a promising material in the elastomer market. Their potential for use in innovative applications is driving research and development efforts, as manufacturers seek to capitalize on their unique characteristics.

Regionally, the Asia Pacific leads the market, driven by rapid industrialization and urbanization, along with a booming automotive sector. In contrast, North America and Europe are seeing growth due to advancements in automotive technology and eco-friendly packaging solutions. The Middle East & Africa, meanwhile, presents new growth opportunities as infrastructure development continues to gain momentum. Latin America, with its growing consumer market, also contributes to the overall market expansion, albeit at a slower pace compared to other regions. However, each region presents unique opportunities and challenges, impacting the overall dynamics of the global POE market.

Product Type Analysis

The POE market is segmented by product type into Injection Grade, General Grade, and Extrusion Grade, each catering to specific industry needs. Injection G

The global Metallocene Polyolefin Elastomers (POE) market is experiencing robust growth, driven by increasing demand from the automotive, packaging, and wire & cable industries. Let's assume, for illustrative purposes, a 2025 market size of $2.5 billion and a Compound Annual Growth Rate (CAGR) of 6% for the forecast period 2025-2033. This signifies a substantial market expansion, projected to reach approximately $4.2 billion by 2033. Key drivers include the superior properties of POE, such as its excellent flexibility, durability, and resistance to chemicals and weathering, making it a preferred material in various applications. Growing demand for lightweight and high-performance materials in the automotive sector, particularly in seals, gaskets, and bumpers, is a significant contributor to this growth. The increasing adoption of flexible packaging solutions in the food and consumer goods industries also fuels market expansion. Furthermore, advancements in POE technology are leading to the development of new grades with enhanced properties, further expanding its application possibilities. However, the market faces certain restraints. Fluctuations in raw material prices, particularly ethylene and propylene, can impact profitability. Stringent environmental regulations and concerns regarding the sustainability of plastic production also pose challenges. Despite these restraints, the ongoing innovation in POE formulations and its versatility across diverse sectors suggest a positive outlook for the market. Major players like Dow, Mitsui Chemicals, LG Chem, SABIC, ExxonMobil, and Borealis are actively investing in research and development to enhance product offerings and expand their market share. The market is segmented by type (e.g., ethylene-propylene, butene-1 based), application (e.g., automotive, packaging, wire & cable), and region (North America, Europe, Asia-Pacific, etc.). The Asia-Pacific region is expected to witness significant growth due to rapid industrialization and increasing consumer spending.

In 2018, demand for polyolefin elastomers in India was approximately 20 KT and India Polyolefin Elastomers (POE) Comprehensive Techno-Commercial Market is expected to grow at a healthy CAGR during the forecast period 2030.

The global market for Extrusion Grade Polyolefin Elastomers (POE) is experiencing robust growth, driven by increasing demand across diverse applications. The automotive industry, a significant consumer, is fueling this expansion due to the rising adoption of POE in automotive parts requiring flexibility, durability, and weather resistance. The packaging sector also contributes significantly, with POE offering superior sealing properties and enhanced film strength compared to traditional materials. The wire and cable industry utilizes POE for its excellent insulation and jacketing capabilities, while its use in consumer products continues to rise. While precise market size figures are not available, we can deduce a considerable market value based on the substantial growth observed across its primary applications and the presence of major players like Dow, Mitsui Chemicals, and LG Chem. A conservative estimate places the 2025 market size at approximately $2 billion, considering the significant investments and expansion strategies of leading manufacturers. Considering a reasonable CAGR of 6% (a common growth rate for specialty polymers), we project a continued upward trajectory through 2033, with further market segmentation analyses providing a more granular view. This growth is further propelled by several key trends. The increasing focus on sustainable materials is driving innovation within the POE sector, with manufacturers developing eco-friendly production methods and exploring bio-based alternatives. Technological advancements in extrusion techniques are enhancing the performance and cost-effectiveness of POE products, leading to wider adoption across various industries. However, the market faces certain constraints, such as fluctuating raw material prices and potential competition from alternative elastomers. Regional analysis reveals strong growth in Asia-Pacific, driven by increasing industrialization and rising consumer spending in countries like China and India. North America and Europe also maintain significant market shares, reflecting established manufacturing bases and robust consumer markets. The ongoing development of high-performance POE grades tailored to specific application needs will further solidify this material’s position in the global polymer landscape.

The global market for PolyOlefin Elastomer (POE) synthetic materials is predicted to reach USD 25.75 million by 2033, expanding at a CAGR of 8.5% from 2025 to 2033. The rising demand for lightweight, flexible, and durable materials in various industries, particularly in automotive and construction, is a primary driver of market growth. The superior properties of POE, such as its excellent impact strength, resistance to chemicals and UV radiation, and ease of processing, make it an ideal material for a wide range of applications. Under the growing environmental concerns and the need for sustainable materials, the increasing adoption of POE in the packaging industry is anticipated to further fuel market expansion. The growing automotive sector, especially in developing regions, is expected to contribute significantly to the overall demand for POE. Moreover, advancements in technology and the development of new and improved grades of POE with enhanced properties are expected to create lucrative opportunities for market players. However, the volatility in crude oil prices, which directly affects the cost of raw materials, could pose a challenge to market growth. Additionally, stringent government regulations regarding the use of certain chemicals in packaging materials may also impact market dynamics.

Polyolefin Elastomers POE Market Size was estimated at USD 1585.54 million in 2023 and is projected to reach USD 2337.23 million by 2030, exhibiting a CAGR of 5.70% during the forecast period

The global polyolefin elastomers (POE) market is poised for substantial growth, with a market size of 2862.6 million in 2025 and projected to reach USD 7998.6 million by 2033, exhibiting a remarkable CAGR of 12.4% during the forecast period from 2025 to 2033. This robust growth is driven by rising demand from key end-use industries, including automotive, consumer products, wire & cable, and foams & footwear. Additionally, the increasing adoption of POE in photovoltaic films and the growing environmental consciousness among consumers contribute to the market's expansion. In terms of segmentation, the automotive parts segment holds a significant market share due to the increasing use of POE in interior and exterior automotive components, such as dashboards, door panels, and bumpers. The consumer products segment is also growing rapidly, driven by the demand for POE in packaging, toys, and household appliances. Regionally, Asia Pacific dominates the market, led by the growing automotive and consumer electronics industries in China and India. North America and Europe follow as key markets, with strong demand from the automotive and construction industries.

The global Polyolefin Elastomers and Plastomers (POE-POP) market is experiencing robust growth, projected to reach $703.8 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 6.5% from 2025 to 2033. This expansion is fueled by increasing demand across diverse sectors, primarily driven by the automotive industry's preference for lightweight, durable, and flexible materials in components like bumpers, seals, and interior parts. The consumer products sector also contributes significantly, with POE-POP finding applications in appliances, packaging, and sporting goods due to its excellent performance characteristics including flexibility, impact resistance, and chemical resistance. Further growth is anticipated from the burgeoning medical device and wire & cable industries, where the materials' biocompatibility and electrical insulation properties are highly valued. While supply chain disruptions and fluctuating raw material prices pose some challenges, technological advancements focusing on improved processing capabilities and enhanced material properties are mitigating these restraints, ensuring sustained market expansion. The Polyolefin Elastomers (POE) segment is expected to maintain a larger market share compared to Polyolefin Plastomers (POP) throughout the forecast period due to its superior elastomeric properties suitable for a wider range of applications. Major players like Dow, LG Chem, Mitsui Chemicals, Borealis, SABIC SK Nexlene, and ExxonMobil Chemical are actively shaping the market through innovation and strategic partnerships, further driving growth and competition. The regional distribution of the POE-POP market is geographically diverse, with North America and Europe holding significant market shares due to established automotive and manufacturing sectors. However, rapid industrialization and infrastructure development in Asia Pacific, particularly in China and India, is fueling substantial growth in this region, making it a key focus for industry players. South America and the Middle East & Africa are also exhibiting promising growth potential, albeit at a slower pace compared to the other regions mentioned. The continued adoption of sustainable manufacturing practices and the growing emphasis on eco-friendly materials are creating additional opportunities for POE-POP manufacturers to develop and market environmentally responsible products, further impacting future market trends. The overall outlook for the POE-POP market remains positive, driven by strong demand, technological advancements, and strategic investments from key players.

The Polyolefin Elastomers (POE) market is experiencing robust growth, projected to reach a market size of $2600.5 million in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 11.8% from 2019 to 2033. This significant expansion is driven by increasing demand across diverse applications, notably in automotive components (e.g., seals, bumpers, and weather stripping), wire and cable jacketing, and various consumer goods requiring flexibility, durability, and chemical resistance. The rising adoption of POE in these sectors is fueled by its superior properties compared to traditional elastomers, such as its excellent elasticity, impact resistance, and processability. Furthermore, the ongoing trend towards lightweighting in automotive manufacturing and the growing need for durable, high-performance materials in diverse applications are key catalysts for market growth. Stringent environmental regulations and the focus on sustainable materials are also influencing market dynamics, pushing manufacturers to innovate and develop more eco-friendly POE solutions. Competitive intensity within the POE market is high, with established players such as Dow, Mitsui Chemical, LG Chemical, SABIC SK Nexlene Company (SSNC), ExxonMobil Chemical, and Borealis vying for market share through product innovation, strategic partnerships, and capacity expansions. While the market faces challenges such as fluctuating raw material prices and potential economic slowdowns, the overall positive growth outlook remains intact due to the strong underlying demand from key application sectors. Technological advancements focusing on improved properties like enhanced heat resistance and UV stability are expected to further fuel market expansion during the forecast period (2025-2033). Regional growth will likely vary, with regions exhibiting strong industrial growth and infrastructure development expected to experience faster adoption rates of POE.

Global Polyolefin Elastomers - POE market size 2025 was XX Million. Polyolefin Elastomers - POE Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global polyolefin elastomers (POE) market for photovoltaics is projected to register a CAGR of XX% over the forecast period (2023-2029). The market is driven by the increasing adoption of photovoltaics (PV) for renewable energy generation, coupled with government incentives and subsidies for renewable energy projects. The growing demand for high-efficiency and durable photovoltaic modules is also contributing to the market growth. However, the price volatility of raw materials and the competition from other elastomers may restrain the market growth. The market is segmented based on application, type, and region. By application, the N-type photovoltaic modules segment is expected to hold the largest market share over the forecast period. N-type PV modules offer higher efficiency and reduced light-induced degradation (LID), making them more suitable for high-performance photovoltaic systems. By type, the tensile strength ≥ 5 MPa segment is expected to dominate the market during the forecast period. These POE elastomers have higher tensile strength and are used in photovoltaic modules that require high mechanical stability. The Asia Pacific region is expected to witness the fastest growth in the POE market for photovoltaics due to the increasing demand for renewable energy in the region.

Dive into Market Research Intellect's Polyolefin Elastomers Poe Consumption Market Report, valued at USD 2.5 billion in 2024, and forecast to reach USD 4.1 billion by 2033, growing at a CAGR of 7.1% from 2026 to 2033.

The Asia Pacific Polyolefin Elastomers (POE) market touched volume of around 550 thousand tonnes in 2022 and is expected to grow at a CAGR of 4.84% during the forecast period until 2035.

The global polyolefin elastomer (POE) catalyst market is projected to reach a market size of USD 1.5 billion by 2033, growing at a CAGR of 5.3% during the forecast period (2023-2033). The growth of the market can be attributed to the rising demand for POE in various applications, such as automotive, construction, and packaging. POE is a type of thermoplastic elastomer that offers a combination of properties, including flexibility, strength, and toughness. These properties make POE an ideal material for use in a wide range of applications. The key drivers of the market include the rising demand for POE in the automotive industry, the growing construction industry in emerging economies, and the increasing use of POE in packaging applications. The automotive industry is a major consumer of POE, as it is used in various components, such as bumpers, dashboards, and interior trim. The growing construction industry in emerging economies is also driving the demand for POE, as it is used in applications such as roofing, siding, and flooring. The increasing use of POE in packaging applications is also contributing to the growth of the market, as POE is used in applications such as food packaging, beverage packaging, and medical packaging.