The Global Plastomers Market was valued at USD 5.13 Billion in 2023 and is projected to reach USD 7.36 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.30% during the forecast period (2023–2030). This growth is driven by increasing demand for sustainable packaging solutions, lightweight automotive materials, and advanced medical applications where plastomers offer superior performance over conventional polymers.
As industries worldwide seek high-performance materials with environmental benefits, plastomers (polyolefin elastomers) are gaining prominence for their unique combination of plastic-like processability and elastomeric properties. In this report, we analyze the Top 10 Companies in the Plastomers Market—industry leaders who are innovating new formulations and expanding applications across multiple sectors.
🔟 1. Dow Inc.
Headquarters: Midland, Michigan, USA
Key Offering: AFFINITY™ Polyolefin Plastomers, ENGAGE™ Polyolefin Elastomers
Dow leads the plastomers market through its advanced material science capabilities, serving packaging, automotive, and consumer goods sectors. The company’s plastomers provide exceptional sealability, toughness, and process efficiency.
Innovation Highlights:
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Development of PCR (post-consumer recycled) compatible plastomers
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High-performance solutions for flexible packaging films
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Automotive applications reducing part weight by up to 30%
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9️⃣ 2. Borealis AG