| Product Code: ETC13006749 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of polyolefin elastomers to Nigeria in 2024 saw a shift in concentration levels from high in 2023 to a more moderate level. The top exporting countries to Nigeria included South Korea, Vietnam, Saudi Arabia, China, and Thailand. Despite a negative compound annual growth rate (CAGR) of -6.62% from 2020 to 2024, there was a notable growth rate of 5.79% from 2023 to 2024. This indicates a potential rebound in demand for polyolefin elastomers in the Nigerian market, with diversification in import sources contributing to a more balanced competitive landscape.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Polyolefin Elastomer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyolefin Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyolefin Elastomer Market - Industry Life Cycle |
3.4 Nigeria Polyolefin Elastomer Market - Porter's Five Forces |
3.5 Nigeria Polyolefin Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Polyolefin Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Polyolefin Elastomer Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Nigeria Polyolefin Elastomer Market Revenues & Volume Share, By Properties, 2021 & 2031F |
4 Nigeria Polyolefin Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries. |
4.2.2 Growing investments in infrastructure development projects in Nigeria. |
4.2.3 Rising focus on sustainable and recyclable materials. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs. |
4.3.2 Limited awareness and adoption of polyolefin elastomers in some industries in Nigeria. |
5 Nigeria Polyolefin Elastomer Market Trends |
6 Nigeria Polyolefin Elastomer Market, By Types |
6.1 Nigeria Polyolefin Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Thermoplastic Elastomer, 2021 - 2031F |
6.1.4 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Flexible Polyolefin, 2021 - 2031F |
6.1.5 Nigeria Polyolefin Elastomer Market Revenues & Volume, By High-Performance Elastomer, 2021 - 2031F |
6.1.6 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Olefin Block Copolymer, 2021 - 2031F |
6.2 Nigeria Polyolefin Elastomer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.2.3 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Wire and Cable, 2021 - 2031F |
6.2.4 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Film and Packaging, 2021 - 2031F |
6.2.5 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Adhesives and Sealants, 2021 - 2031F |
6.3 Nigeria Polyolefin Elastomer Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.5 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Construction, 2021 - 2031F |
6.4 Nigeria Polyolefin Elastomer Market, By Properties |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Pellets, 2021 - 2031F |
6.4.3 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Granules, 2021 - 2031F |
6.4.4 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Powder, 2021 - 2031F |
6.4.5 Nigeria Polyolefin Elastomer Market Revenues & Volume, By Liquid, 2021 - 2031F |
7 Nigeria Polyolefin Elastomer Market Import-Export Trade Statistics |
7.1 Nigeria Polyolefin Elastomer Market Export to Major Countries |
7.2 Nigeria Polyolefin Elastomer Market Imports from Major Countries |
8 Nigeria Polyolefin Elastomer Market Key Performance Indicators |
8.1 Percentage increase in the use of polyolefin elastomers in key industries. |
8.2 Number of infrastructure projects utilizing polyolefin elastomers. |
8.3 Percentage growth in research and development activities related to polyolefin elastomers in Nigeria. |
9 Nigeria Polyolefin Elastomer Market - Opportunity Assessment |
9.1 Nigeria Polyolefin Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Polyolefin Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Polyolefin Elastomer Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Nigeria Polyolefin Elastomer Market Opportunity Assessment, By Properties, 2021 & 2031F |
10 Nigeria Polyolefin Elastomer Market - Competitive Landscape |
10.1 Nigeria Polyolefin Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyolefin Elastomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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