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Polyoxymethylene (POM) Market to Witness Huge Growth by 2027 – Asahi Kasei Plastics, Celanese Corporation, PolyOne Corporation, Polyplastics Co., Ltd., SABIC




May 29, 2019



Polyoxymethylene (POM) MarketPolyoxymethylene (POM) is a formaldehyde-based semi-crystalline engineering thermoplastic. It is also known by different names such as acetal, polyacetals or polyformaldehyde. POM is characterized by high strength, rigidity, and hardness. It is used in precision parts and applications requiring high stiffness, low friction, and exceptional dimensional stability. In addition, it is commonly used as direct replacement for metals owing to high stiffness, stability, and corrosion resistance. POM, being an important engineering plastic, is widely used in the production of engineering components such as bearings, gears, wear surfaces, and safety systems such as seat belts.

The polyoxymethylene market is anticipated to grow in the forecast period owing to driving factors such as increasing usage in the electrical and electronics sector. Furthermore rising demand from the transportation sector boost the growth of the polyoxymethylene market. However, constant fluctuations in the feedstock prices and environmental concerns associated with product usage in plastic are the two major challenges faced by the polyoxymethylene market. Nonetheless, increasing application scope in the medical industry showcase significant growth opportunities for the players operating in the polyoxymethylene market during the forecast period.

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Leading Polyoxymethylene (POM) Market Players:

  • A. Schulman, Inc.
  • Asahi Kasei Plastics
  • Celanese Corporation
  • China National Bluestar (Group) Co, Ltd.
  • E. I. du Pont de Nemours and Company
  • Korea Engineering Plastics Co., Ltd.
  • Mitsubishi Engineering-Plastics Corporation
  • PolyOne Corporation
  • Polyplastics Co., Ltd.
  • SABIC

The global polyoxymethylene market is segmented on the basis of type and end-use industry. Based on type, the market is segmented as homopolymer POM and copolymer POM. On the basis of the end-use industry, the market is segmented as electrical and electronics, transportation, medical, food packaging, consumer goods and appliances, construction, and others.

The Polyoxymethylene (POM) Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Polyoxymethylene (POM) Market to 2027 – Global Analysis and forecast is a specialized and in-depth study of the Polyoxymethylene (POM) industry with a focus on the global market trend. The report provides an overview of global Polyoxymethylene (POM) Market with detailed market segmentation by product/application and regions.

The global Polyoxymethylene (POM) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the key players and offers key trends and opportunities in the market.

The Polyoxymethylene (POM) Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Polyoxymethylene (POM) Market based on product and application. It also provides market size and forecast till 2027 for overall Polyoxymethylene (POM) Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America and Central America (SCAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key Polyoxymethylene (POM) Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. 

Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Polyoxymethylene (POM) Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Polyoxymethylene (POM) Market, thereby allowing players to develop effective long term strategies. 
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– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

 

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