According to our (Global Info Research) latest study, the global POM Resins market size was valued at US$ 5056 million in 2024 and is forecast to a readjusted size of USD 7389 million by 2031 with a CAGR of 5.6% during review period.
POM (Polyacetal) resins, also known as acetal or polyoxymethylene resins, are important engineering resins with exceptional wear resistance and excellent chemical, thermal, electrical, and mechanical properties; as a result, they have replaced metals and other plastics in wear-critical applications. While one of the oldest engineering thermoplastics, polyacetal resins continue to be successful substitutes in traditional metal markets, at costs that are lower than those of many other engineering thermoplastics. Polyacetal resins continue to replace die-cast zinc, brass, aluminum, steel, and other metals in various end-use applications.
Asia Pacific is the major POM Resin sales regional market and is expected to witness a significant growth rate over the forecast period. Rising vehicle production in China, India, Japan, and Indonesia is expected to drive POM Resins demand for manufacturing power windows, lightweight vehicle frames, fuel units, and door locking systems. Market players should actively expand production capacity and actively participate in strategic alliances in the Asia-Pacific region to meet the growing POM demand in the region.
The major factor driving the POM Resin market is the growing demand from the automotive industry. But the increasing use of bio-based materials as an alternative to POM Resin is expected to hinder the growth of the studied market.
Recent development:
May 21, 2024, China's Ministry of Commerce has initiated an anti-dumping investigation into polyformaldehyde (POM) copolymer, exported by companies in the European Union, the U.S., Japan and Taiwan. The move is seen as protecting domestic production to ensure economic security. The companies named include Celanese from the U.S.; Polyplastics, Asahi Kasei and Mitsubishi Gas Chemical (MGC) from Japan; and Formosa Plastics from Taiwan. Celanese was named for its exports from its European entity.
This report is a detailed and comprehensive analysis for global POM Resins market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global POM Resins market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global POM Resins market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global POM Resins market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global POM Resins market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for POM Resins
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global POM Resins market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include DuPont, MEP, Polyplastics, Celanese, BASF, Asahi Kasei, LyondellBasell, Kolon Plastics, Yunnan Yuntianhua, ZHCC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
POM Resins market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Homopolymer Type
Copolymer Type
Market segment by Application
Automotive
Mechanic Equipment
Electronics
Consumer Goods
Others
Major players covered
DuPont
MEP
Polyplastics
Celanese
BASF
Asahi Kasei
LyondellBasell
Kolon Plastics
Yunnan Yuntianhua
ZHCC
Yankuang Energy Group Company Limited
Kaifeng Longyu Chemical Co., Ltd
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe POM Resins product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of POM Resins, with price, sales quantity, revenue, and global market share of POM Resins from 2020 to 2025.
Chapter 3, the POM Resins competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the POM Resins breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and POM Resins market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of POM Resins.
Chapter 14 and 15, to describe POM Resins sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook