Polyacetal (Polyoxymethylene, POM) Market Report: Trends, Forecast and Competitive Analysis to 2030

Polyacetal (Polyoxymethylene, POM) Market Report: Trends, Forecast and Competitive Analysis to 2030

Polyacetal (Polyoxymethylene, POM) Trends and Forecast

The future of the global polyacetal (polyoxymethylene, POM) market looks promising with opportunities in the automotive, consumer good, industrial, and electrical & electronic applications. The global polyacetal (polyoxymethylene, POM) market is expected to reach an estimated $5.7 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are increasing demand for this substrate from various sectors, such as automotive, electrical & electronics, and medical.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Polyacetal (Polyoxymethylene, POM) by Segment

The study includes a forecast for the global polyacetal (polyoxymethylene, POM) by type, grade, application, and region.

Polyacetal (Polyoxymethylene, POM) Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Copolymer
• Homopolymer

Polyacetal (Polyoxymethylene, POM) Market by Grade [Shipment Analysis by Value from 2018 to 2030]:

• Standard
• Reinforced
• Impact Modified
• Recycled
• UV Stabilized
• Special Grade

Polyacetal (Polyoxymethylene, POM) Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Consumer Goods
• Industrial
• Electrical & Electronics
• Others

Polyacetal (Polyoxymethylene, POM) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polyacetal (Polyoxymethylene, POM) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyacetal (polyoxymethylene, POM) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyacetal (polyoxymethylene, POM) companies profiled in this report include-

• Dupont
• Thai Polyacetal
• Polyplastics
• Asahi Kasei Chemicals
• Korea Engineering Plastics

Polyacetal (Polyoxymethylene, POM) Market Insights

Lucintel forecasts that copolymer is expected to witness the higher growth over the forecast period as they are more versatility, have higher toughness, and provide efficient resistancy.

APAC is expected to be the largest region over the forecast period due to the presence of key manufacturing hubs in the region.

Features of the Global Polyacetal (Polyoxymethylene, POM) Market

Market Size Estimates: Polyacetal (polyoxymethylene, POM) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polyacetal (polyoxymethylene, POM) market size by type, grade, application, and region in terms of value ($B).

Regional Analysis: Polyacetal (polyoxymethylene, POM) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, grades, and regions for the polyacetal (polyoxymethylene, POM) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyacetal (polyoxymethylene, POM) market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the polyacetal (polyoxymethylene, POM) market size?

Answer: The global polyacetal (polyoxymethylene, POM) market is expected to reach an estimated $5.7 billion by 2030.

Q2. What is the growth forecast for polyacetal (polyoxymethylene, POM) market?

Answer: The global polyacetal (polyoxymethylene, POM) market is expected to grow with a CAGR of 5.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the polyacetal (polyoxymethylene, POM) market?

Answer: The major drivers for this market are increasing demand for this substrate from various sectors, such as automotive, electrical & electronics, and medical.

Q4. What are the major segments for polyacetal (polyoxymethylene, POM) market?

Answer: The future of the polyacetal (polyoxymethylene, POM) market looks promising with opportunities in the automotive, consumer good, industrial, and electrical & electronic applications.

Q5. Who are the key polyacetal (polyoxymethylene, POM) market companies?

Answer: Some of the key polyacetal (polyoxymethylene, POM) companies are as follows:

• Dupont
• Thai Polyacetal
• Polyplastics
• Asahi Kasei Chemicals
• Korea Engineering Plastics

Q6. Which polyacetal (polyoxymethylene, POM) market segment will be the largest in future?

Answer: Lucintel forecasts that copolymer is expected to witness the higher growth over the forecast period as they are more versatility, have higher toughness, and provide efficient resistancy.

Q7. In polyacetal (polyoxymethylene, POM) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to be the largest region over the forecast period due to the presence of key manufacturing hubs in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the polyacetal (polyoxymethylene, POM) market by type (copolymer and homopolymer), grade (standard, reinforced, impact modified, recycled, UV stabilized, and special grade), application (automotive, consumer goods, industrial, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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