Global POM Polyoxymethylene Market Research Report 2023(Status and Outlook)

Global POM Polyoxymethylene Market Research Report 2023(Status and Outlook)

Report Overview

POM (Polyoxymethylene), also known as acetal homopolymer and polyacetal, is an engineering thermoplastic with mechanical properties that make it be widely used in high load mechanical applications and other high precision parts, such as gears, bearings, medical devices, etc. It provides a wide operating temperature range, low friction, excellent dimensional stability, as well as high wear resistance with the stiffness and strength. POM can be divided in two major categories: POM homopolymer (POM-H) and POM copolymer (POM-C), which has different characteristics.

China is the largest POM (Polyoxymethylene) market with about 22% market share. Europe is follower, accounting for about 18% market share.

The key players are Ticona, DowDuPont, Polyplastics, KEP, Mitsubishi, BASF, Kolon, Asahi Kasei, LG Chem, Formosa Plastis, Yunnan Yuntianhua, PTM Engineering Plastics, Shanghai Bluestar POM, China Bluechemical, Shenhua Group, HNEC, Tianjin Bohua Yongli, Yankuang Group etc. Top 3 companies occupied about 38% market share.

The Global POM Polyoxymethylene Market Size was estimated at USD 4031.60 million in 2022 and is projected to reach USD 4631.04 million by 2029, exhibiting a CAGR of 2.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global POM Polyoxymethylene market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global POM Polyoxymethylene Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the POM Polyoxymethylene market in any manner.

Global POM Polyoxymethylene Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Ticona

DuPont

Polyplastics

KEP

Mitsubishi

BASF

Kolon

Asahi Kasei

LG Chem

Formosa Plastis

Yunnan Yuntianhua

PTM Engineering Plastics

Shanghai Bluestar POM

China Bluechemical

Shenhua Group

HNEC

Tianjin Bohua Yongli

Yankuang Group

Market Segmentation (by Type)

POM-H

POM-C

Market Segmentation (by Application)

Area Scan Camera

Line Scan Camera

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the POM Polyoxymethylene Market

Overview of the regional outlook of the POM Polyoxymethylene Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors