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PUBLISHER: IMARC | PRODUCT CODE: 1390686
PUBLISHER: IMARC | PRODUCT CODE: 1390686
Polyoxymethylene Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
The global polyoxymethylene market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.51% during 2022-2028.
Polyoxymethylene (POM), or polyacetal, is a semi-crystalline engineering thermoplastic used for manufacturing components with enhanced precision, stability and sliding properties. It is widely used as a metal substitute and produced through the process of ring-opening polymerization of formaldehyde and is supplied in the form of pellets. POM is commonly available in homopolymer and copolymer variants that are utilized to manufacture mechanical gears, fasteners, bearings and medical devices, including dialysis machines, inhalers and pharmaceutical closures. POM exhibits various advantageous properties, such as wide operating temperature range, minimal friction, high dimensional stability and heat, chemical and wear resistance. As a result, it finds extensive applications across various industries, including electronic, automotive and electrical.
Polyoxymethylene Market Trends:
The increasing demand for medical-grade POM for the manufacturing of healthcare devices is one of the key factors driving the growth of the market. POM is also widely used for the production of pen caps, outer needle caps, inner needle caps and dosage knobs of the insulin pens due to low moisture absorption, high sterility and impact resistant properties. It is also utilized for manufacturing pacemakers, artificial valves and joint reconstruction devices. Moreover, the widespread product adoption in the electronics industry is providing a thrust to the market growth. POM is utilized in electric housing, circuit boards, switches, enclosures, wiring components and cooling systems. In line with this, the increasing adoption of POM for the manufacturing of various plumbing components, such as pump impellors, fittings, appliance casings, valve stems and jug kettles, is also contributing to the market growth. Other factors, including the rising demand for effective food packaging solutions, along with the utilization of POM for automotive steering wheels, locks, door handles and headrests, are acting as other growth-inducing factors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polyoxymethylene market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, process, grade and end user.
Breakup by Type:
Homopolymer POM
Copolymer POM
Breakup by Process:
Injection Molding
Extrusion Molding
Others
Breakup by Grade:
Standard
Reinforced
Impact Modified
Recycled
UV Stabilized
Others
Breakup by End User:
Electrical and Electronics
Automotive and Transportation
Medical
Consumer Goods and Appliances
Construction
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, BASF SE, Celanese Corporation, Daicel Corporation, DuPont de Nemours Inc., Kolon Plastic Inc., LG Chem Ltd., LyondellBasell Industries N.V., Mitsubishi Engineering-Plastics Corporation, RTP Company (Miller Waste Mills Inc.), Saudi Basic Industries Corporation (Saudi Arabian Oil Co.) and Westlake Plastics Company.
Key Questions Answered in This Report:
- How has the global polyoxymethylene market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global polyoxymethylene market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global polyoxymethylene market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4502
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Polyoxymethylene Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Homopolymer POM
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Copolymer POM
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Process
- 7.1 Injection Molding
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Extrusion Molding
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Grade
- 8.1 Standard
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Reinforced
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Impact Modified
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Recycled
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 UV Stabilized
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by End User
- 9.1 Electrical and Electronics
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Automotive and Transportation
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Medical
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Consumer Goods and Appliances
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Construction
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Others
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Asahi Kasei Corporation
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 BASF SE
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Celanese Corporation
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.3.4 SWOT Analysis
- 15.3.4 Daicel Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 DuPont de Nemours Inc.
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Kolon Plastic Inc.
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.7 LG Chem Ltd.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 LyondellBasell Industries N.V.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Mitsubishi Engineering-Plastics Corporation
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 RTP Company (Miller Waste Mills Inc.)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 Saudi Basic Industries Corporation (Saudi Arabian Oil Co.)
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.12 Westlake Plastics Company
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 Asahi Kasei Corporation
Product Code: SR112023A4502
List of Figures
- Figure 1: Global: Polyoxymethylene Market: Major Drivers and Challenges
- Figure 2: Global: Polyoxymethylene Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Polyoxymethylene Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Polyoxymethylene Market: Breakup by Type (in %), 2022
- Figure 5: Global: Polyoxymethylene Market: Breakup by Process (in %), 2022
- Figure 6: Global: Polyoxymethylene Market: Breakup by Grade (in %), 2022
- Figure 7: Global: Polyoxymethylene Market: Breakup by End User (in %), 2022
- Figure 8: Global: Polyoxymethylene Market: Breakup by Region (in %), 2022
- Figure 9: Global: Polyoxymethylene (Homopolymer POM) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Polyoxymethylene (Homopolymer POM) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Polyoxymethylene (Copolymer POM) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Polyoxymethylene (Copolymer POM) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Polyoxymethylene (Injection Molding) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Polyoxymethylene (Injection Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Polyoxymethylene (Extrusion Molding) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Polyoxymethylene (Extrusion Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Polyoxymethylene (Other Processes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Polyoxymethylene (Other Processes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Polyoxymethylene (Standard) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Polyoxymethylene (Standard) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Polyoxymethylene (Reinforced) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Polyoxymethylene (Reinforced) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Polyoxymethylene (Impact Modified) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Polyoxymethylene (Impact Modified) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Polyoxymethylene (Recycled) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Polyoxymethylene (Recycled) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Polyoxymethylene (UV Stabilized) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Polyoxymethylene (UV Stabilized) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Polyoxymethylene (Other Grades) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Polyoxymethylene (Other Grades) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Polyoxymethylene (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Polyoxymethylene (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Polyoxymethylene (Automotive and Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Polyoxymethylene (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Polyoxymethylene (Medical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Polyoxymethylene (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Polyoxymethylene (Consumer Goods and Appliances) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Polyoxymethylene (Consumer Goods and Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Polyoxymethylene (Construction) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Polyoxymethylene (Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Polyoxymethylene (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Polyoxymethylene (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: North America: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: North America: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: United States: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: United States: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Canada: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Canada: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Asia-Pacific: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Asia-Pacific: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: China: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: China: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Japan: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Japan: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: India: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: India: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: South Korea: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: South Korea: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Australia: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Australia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Indonesia: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Indonesia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Europe: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Europe: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Germany: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Germany: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: France: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: France: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: United Kingdom: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: United Kingdom: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Italy: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Italy: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Spain: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Spain: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Russia: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Russia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Latin America: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Latin America: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Brazil: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Brazil: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Mexico: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Mexico: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Middle East and Africa: Polyoxymethylene Market: Sales Value (in Million US$), 2017 & 2022
- Figure 90: Middle East and Africa: Polyoxymethylene Market: Breakup by Country (in %), 2022
- Figure 91: Middle East and Africa: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 92: Global: Polyoxymethylene Industry: SWOT Analysis
- Figure 93: Global: Polyoxymethylene Industry: Value Chain Analysis
- Figure 94: Global: Polyoxymethylene Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Polyoxymethylene Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Polyoxymethylene Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Polyoxymethylene Market Forecast: Breakup by Process (in Million US$), 2023-2028
- Table 4: Global: Polyoxymethylene Market Forecast: Breakup by Grade (in Million US$), 2023-2028
- Table 5: Global: Polyoxymethylene Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Polyoxymethylene Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Polyoxymethylene Market: Competitive Structure
- Table 8: Global: Polyoxymethylene Market: Key Players
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