PUBLISHER: Lucintel | PRODUCT CODE: 1416369
PUBLISHER: Lucintel | PRODUCT CODE: 1416369
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.
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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]:
Polyacetal (Polyoxymethylene, POM) Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
Polyacetal (Polyoxymethylene, POM) Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Polyacetal (Polyoxymethylene, POM) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
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-
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:
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.