Global Polyoxymethylene (POM) Resins for Medical Instruments Market Growth 2023-2029

Global Polyoxymethylene (POM) Resins for Medical Instruments Market Growth 2023-2029

Polyoxymethylene (POM) is a high-performance engineered thermoplastic, which is traditionally produced through ring opening polymerization of formaldehyde and is mainly supplied in the form of pellets. POM resins are produced by the process of polymerization of formaldehyde so as to provide the homopolymers and copolymers by deploying the other monomers. They are known for its several constructive and mechanical properties which makes them a suitable material to replace metal in production of several medical devices. POM is known to provide metal-like machining properties along with thermal and dimensional stability, ultra-high modulus, enhanced strength, hardness and rigidness, minimal friction coefficient and gas/vapor permeability, dielectric strength, and better retention characteristics at elevated temperature. All such properties make it an ideal material to be used in production of several medical devices and equipment such as dialysis machines, handles for instrument, pharmaceutical closure, inhalers, insulin pens and other such application areas.

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

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

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

The global Polyoxymethylene (POM) Resins for Medical Instruments 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 Polyoxymethylene (POM) Resins for Medical Instruments 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 Polyoxymethylene (POM) Resins for Medical Instruments 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 Polyoxymethylene (POM) Resins for Medical Instruments is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Polyoxymethylene (POM) Resins for Medical Instruments players cover Polyplastics Co.,Ltd, Ensinger, Inventro Polymers, Kolon Plastics, Korea Engineering Plastics Co., Ltd, LG Chem, Mitsubishi Engineering-Plastics Corporation, Celanese and DuPont, 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 Polyoxymethylene (POM) Resins for Medical Instruments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Homo-polyoxymethylene
Co-polyoxymethylene

Segmentation by application
Dialysis Machine
Handles for Surgical Instruments
Inhalers
Insulin Pen
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.
Polyplastics Co.,Ltd
Ensinger
Inventro Polymers
Kolon Plastics
Korea Engineering Plastics Co., Ltd
LG Chem
Mitsubishi Engineering-Plastics Corporation
Celanese
DuPont
YUNTIANHUA
BLUESTAR
Henan Energy and Chemical Industry
Shenhua Ningxia Coal Industry Group Co., Ltd
CNOOC Tianye Chemical Co., Ltd.
BASF
Formosa Plastics Corporation
Asahi Kasei
KEP

Key Questions Addressed in this Report

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

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

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

How do Polyoxymethylene (POM) Resins for Medical Instruments market opportunities vary by end market size?

How does Polyoxymethylene (POM) Resins for Medical Instruments 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.