Ethylene Octene Copolymer Market Insights 2021 : [112 Pages Report] EOC is an ethylene based elastomer, so it brings an excellent compatibility with polyolefins, such as polyethylene and PP. The presence of the octene monomer in EOC causes a lower level of crystallinity and a higher flexibility in the copolymer. EOC can be considered as an elastomeric polymer, and usually the octene content in the copolymer varies under 20 wt. %. Blends of PP/EOC may provide enhanced impact properties and can be used, for example, in extruded or moulded automotive exterior and interior parts, housing appliances, and other low-temperature applications. Pelletized EOC exhibits easy handling, mixing, and processability. Based on these properties, EOC is currently being used as an impact modifier of PP to replace ethylene propylene rubber (EPR) and ethylene propylene diene rubber (EPDM).

Major companies in the industry include Dow, SABIC SK Nexlene Company (SSNC), LG Chemical, etc., accounting for 55.29%, 17.83% and 7.57% of their revenues respectively in 2019. By region, China has the highest share of value, reaching 35.6 percent in 2019.

Market Analysis and Insights: Global Ethylene Octene Copolymer Market

In 2020, the global Ethylene Octene Copolymer market size was USD 819 million and it is expected to reach USD 1400.5 million by the end of 2027, with a CAGR of 8.0% during 2021-2027.

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Leading key players of Ethylene Octene Copolymer Market are Dow, Mitsui Chemical, ExxonMobil Chemical, SABIC SK Nexlene Company (SSNC), LG Chemical, Borealis

The opportunities for Ethylene Octene Copolymer in recent future is the global demand for Ethylene Octene Copolymer Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to comes up between 2021 and 2027 compared to a few years ago, signifying the rapid pace of change.

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Ethylene Octene Copolymer Market Type Segment Analysis (Market size available for years 2021-2027, Consumption Volume, Average Price, Revenue, Market Share and Trend 2015-2027):

  • Injection Grade, General Grade, Extrusion Grade

The major factors that Influencing the growth of Ethylene Octene Copolymer market is the incresing use of Ethylene Octene Copolymer in Automotive Parts, Consumer Products, Wire and Cable, Foams and Footwears, Packaging Products and other Industries

Regions that are expected to dominate the Ethylene Octene Copolymer market are North America, Europe, Asia-Pacific, South America, Middle East and Africa and others

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