Global POM Resins Market Growth 2023-2029

Global POM Resins Market Growth 2023-2029

Polyacetal resins, also known as acetal or polyoxymethylene (POM) 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.

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

This Insight Report provides a comprehensive analysis of the global POM Resins 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 Resins portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global POM Resins market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for POM Resins 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 Resins.

The global POM Resins market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for POM Resins is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for POM Resins is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for POM Resins is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key POM Resins players cover DuPont, Mitsubishi Engineering-Plastics Corporation, Polyplastics, Korea Engineering Plastics Co., Ltd., Celanese, BASF, Toray, LG Chem and Rochling, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Conductive and Anti-static Grade
Standard Grade
High-stiffness Grade
Others

Segmentation by application
Electrical Industries
Automotive Industries
Consumer Appliance Industries
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.
DuPont
Mitsubishi Engineering-Plastics Corporation
Polyplastics
Korea Engineering Plastics Co., Ltd.
Celanese
BASF
Toray
LG Chem
Rochling
Asahi Kasei Chemicals
Kolon Plastics
Grupa Azoty
A. Schulman

Key Questions Addressed in this Report

What is the 10-year outlook for the global POM Resins market?

What factors are driving POM Resins market growth, globally and by region?

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

How do POM Resins market opportunities vary by end market size?

How does POM Resins 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.