Solar Panels Drive Solid Growth for Polyolefin Elastomers

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The global market for polyolefin elastomers and plastomers (POEs/POPs) is forecast to reach a 7.4% compound annual growth rate through 2030, approaching $6.3 billion in value, according to a report released by MLT Analytics. This impressive growth is set to be fueled by strong gains in solar panel encapsulation at the expense of ethylene vinyl acetate (EVA) resin and supported by advances in impact modification of automotive polypropylene (PP) compounds and sealant layers in flexible packaging.

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