The polyolefin elastomer market has broad prospects and huge potential for future development.

Polyolefin elastomer is a thermoplastic elastomer generated by the reaction of ethylene and α-olefin. It has the characteristics of low density, low crystallinity, narrow molecular weight, and low glass catalytic temperature. It is used in automobiles, shoe materials and other fields. Driven by the lightweighting of automobiles, high-end shoe materials and the marketization of photovoltaic energy, the overall demand for polyolefin elastomers in China has increased, but the demand growth rate has fluctuated due to factors such as market size and market changes.

The upstream of polyolefin elastomer is its raw material supply company. There are multiple manufacturers of polyolefin elastomers. Each company has different product brands and production processes. However, its raw materials are mostly ethylene and α-olefins (1-butene, 1-hexene, 1-octene, etc.) ), and a metallocene catalyst is added to copolymerize into a polyolefin elastomer. Polyolefin elastomers are involved in many downstream fields, including automobiles, shoemaking, cables, various hoses, non-woven fabrics, electrical appliances, household products, photovoltaics, etc. Especially in the fields of automobiles, shoemaking, and cables, the brands used are relatively There are many, and the application scale is relatively large.

According to the “China Polyolefin Elastomer Market Feasibility Research Report 2022-2026” released by the Industrial Research Center, China’s polyolefin The elastomer industry has developed relatively late. At present, no industrial production equipment has been built, and it will still take some time to reach industrial production. There are only a few large-scale polyolefin elastomer manufacturers in the world: Dow Chemical, Mitsui Chemicals, SNNC, LG Chemical, ExxonMobil, and Borealis. The industry’s production capacity is relatively concentrated. Among them, Dow Chemical has strong competitiveness due to its strong technology accumulation, large production scale, rich product lines, strong product performance, and strong market coverage. In addition, it continuously iteratively optimizes its products in response to market demand, which has consolidated its market position. Mitsui Chemicals, ExxonMobil and SNNC also have strong competitiveness in the global polyolefin elastomer market and have relatively large market shares. In addition, although LG Chem’s polyolefin elastomer production scale was small at first, it has rapidly expanded its production scale by expanding its production lines, greatly improving its market competitiveness through its advantages of scale.

Industrial researchers believe that China’s polyolefin elastomer industry demand prospects are bright, but there is still a large gap compared with foreign countries. The domestic polyolefin elastomer industry product demand is met by imports, and the market is monopolized by giants from the United States, South Korea, Japan and other countries. As companies such as Wanhua Chemical have made breakthroughs in polyolefin elastomer technology, there will be greater room for import substitution of polyolefin elastomers in the future.