Global POM (Polyoxymethylene) Market Growth 2023-2029

Global POM (Polyoxymethylene) Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “POM (Polyoxymethylene) Industry Forecast” looks at past sales and reviews total world POM (Polyoxymethylene) sales in 2022, providing a comprehensive analysis by region and market sector of projected POM (Polyoxymethylene) sales for 2023 through 2029. With POM (Polyoxymethylene) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world POM (Polyoxymethylene) industry.

This Insight Report provides a comprehensive analysis of the global POM (Polyoxymethylene) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on POM (Polyoxymethylene) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global POM (Polyoxymethylene) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for POM (Polyoxymethylene) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global POM (Polyoxymethylene).

The global POM (Polyoxymethylene) market size is projected to grow from US$ 4022.9 million in 2022 to US$ 4644.8 million in 2029; it is expected to grow at a CAGR of 4644.8 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of POM (Polyoxymethylene) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

POM-H

POM-C

Segmentation by application

Consumer Items

Automotive Industry

Construction Industry

Machinery Manufacturing

Electrical Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global POM (Polyoxymethylene) market?

What factors are driving POM (Polyoxymethylene) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do POM (Polyoxymethylene) market opportunities vary by end market size?

How does POM (Polyoxymethylene) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.