Global POM Resins Market Growth 2025-2031

Global POM Resins Market Growth 2025-2031

The global POM Resins market size is predicted to grow from US$ 5056 million in 2025 to US$ 7166 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “POM Resins Industry Forecast” looks at past sales and reviews total world POM Resins sales in 2024, providing a comprehensive analysis by region and market sector of projected POM Resins sales for 2025 through 2031. 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.

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.

Segmentation by Type:
Homopolymer Type
Copolymer Type

Segmentation by Application:
Automotive
Mechanic Equipment
Electronics
Consumer Goods
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 analysing the company's coverage, product portfolio, its market penetration.
DuPont
MEP
Polyplastics
Celanese
BASF
Asahi Kasei
LyondellBasell
Kolon Plastics
Yunnan Yuntianhua
ZHCC
Yankuang Energy Group Company Limited
Kaifeng Longyu Chemical Co., Ltd

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 by Type, by Application?

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