Global POM(Polyoxymethylene) Market Growth 2024-2030

Global POM（Polyoxymethylene） Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global POM（Polyoxymethylene） market size was valued at US$ 4022.9 million in 2023. With growing demand in downstream market, the POM（Polyoxymethylene） is forecast to a readjusted size of US$ 4815.9 million by 2030 with a CAGR of 2.6% during review period.

The research report highlights the growth potential of the global POM（Polyoxymethylene） market. POM（Polyoxymethylene） are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of POM（Polyoxymethylene）. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the POM（Polyoxymethylene） market.

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 21% market share.

The key players are Ticona, DuPont, Polyplastics, KEP, Mitsubishi, BASF, Kolon, Asahi Kasei, LG Chem, Formosa Pla

Key Features:

The report on POM（Polyoxymethylene） market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the POM（Polyoxymethylene） market. It may include historical data, market segmentation by Type (e.g., POM-H, POM-C), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the POM（Polyoxymethylene） market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the POM（Polyoxymethylene） market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the POM（Polyoxymethylene） industry. This include advancements in POM（Polyoxymethylene） technology, POM（Polyoxymethylene） new entrants, POM（Polyoxymethylene） new investment, and other innovations that are shaping the future of POM（Polyoxymethylene）.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the POM（Polyoxymethylene） market. It includes factors influencing customer ' purchasing decisions, preferences for POM（Polyoxymethylene） product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the POM（Polyoxymethylene） market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting POM（Polyoxymethylene） market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the POM（Polyoxymethylene） market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the POM（Polyoxymethylene） industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the POM（Polyoxymethylene） market.

Market Segmentation:

POM（Polyoxymethylene） market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
POM-H
POM-C

Segmentation by application
Consumer Items
Automotive Industry
Construction Industry
Machinery Manufacturing
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 Engineering-Plastics
BASF
Asahi Kasei
Kolon industries
LG Chem
Formosa Plastis
Yunnan Yuntianhua
PTM Engineering Plastics (Nantong)
Shanghai Bluestar POM
China Bluechemical
Shenhua Group
Henan Energy And Chemical Industry Group
Tianjin Bohua Yongli Chemical Indusry
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?

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