Abstract: This invention relates to polyolefin polymer dispersions having a semicrystalline plastic (SP) component and an amorphous elastomer (AE) component. The polymer dispersions of this invention are characterized by a continuous phase containing a discontinuous phase (dispersed phase) as seen by FIG. 2. Embodiments of this invention include either: 1) a discontinuous phase composed of the SP component dispersed within a continuous phase composed of the amorphous elastomer component and/or, 2) a discontinuous phase composed of the amorphous elastomer dispersed within a continuous phase composed of the SP component.