Global Polyoxymethylene Resin Market Growth 2023-2029

Global Polyoxymethylene Resin Market Growth 2023-2029

Polyoxymethylene Resin, also known as acetal or polyacetal 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, Polyoxymethylene Resin continue to be successful substitutes in traditional metal markets, at costs that are lower than those of many other engineering thermoplastics. Polyoxymethylene Resin continue to replace die-cast zinc, brass, aluminum, steel, and other metals in various end-use applications.

The Polyoxymethylene Resin market covers Homopolymer Type, Copolymer Type, etc. The typical players include DuPont, MEP, Polyplastics, Celanese, BASF, Asahi Kasei, LyondellBasell, Kolon Plastics, etc.

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

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

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

The global Polyoxymethylene Resin market size is projected to grow from US$ 3784.3 million in 2022 to US$ 4463.4 million in 2029; it is expected to grow at a CAGR of 4463.4 from 2023 to 2029.

Global key manufacturers of Polyoxymethylene Resin include DuPont, Polyplastics, Celanese, etc. Global top three manufacturers hold a share about 40%. Asia Pacfic is the largest market of Polyoxymethylene Resin, holds a share over 65%. In terms of product, the Copolymer Type holds a share of over 90%. And in terms of application, the largest application field is Electronics, with a share of over 40%.

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

Market Segmentation:

Segmentation by type
Homopolymer Type
Copolymer Type

Segmentation by application
Automotive
Mechanic Equipment
Entertainment
Garment & Accessories
Military
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
LG Chem
Rochling
Asahi Kasei Chemicals
LyondellBasell
Kolon Plastics
Ji-Horng Plastic Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyoxymethylene Resin market?

What factors are driving Polyoxymethylene Resin market growth, globally and by region?

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

How do Polyoxymethylene Resin market opportunities vary by end market size?

How does Polyoxymethylene Resin 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.