Global and South Korea Ethylene Octene Copolymer Market Insights, Forecast to 2027

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 and South Korea Ethylene Octene Copolymer Market
This report focuses on global and South Korea Ethylene Octene Copolymer market.
In 2020, the global Ethylene Octene Copolymer market size was US$ 819 million and it is expected to reach US$ 1400.5 million by the end of 2027, with a CAGR of 8.0% during 2021-2027. In South Korea the Ethylene Octene Copolymer market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Ethylene Octene Copolymer Scope and Market Size
Ethylene Octene Copolymer market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Ethylene Octene Copolymer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For South Korea market, this report focuses on the Ethylene Octene Copolymer market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in South Korea.

Segment by Type
Injection Grade
General Grade
Extrusion Grade
Injection grade dominate the market in 2019 account for about 56.92% market share.

Segment by Application
Automotive Parts
Consumer Products
Wire and Cable
Foams and Footwears
Packaging Products
Others
Automotive parts is the most common application of ethylene octene copolymer, which take up over 54% of the clients in 2019.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Dow
Mitsui Chemical
ExxonMobil Chemical
SABIC SK Nexlene Company (SSNC)
LG Chemical
Borealis