Polyoxymethylene Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Electrical and Electronics, Medical, Consumer Goods and Appliances, Construction, Other) and Geography
Report Code: TIPRE00023638 No. of Pages: 150 Category: Chemicals and Materials Status: Upcoming
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MARKET INTRODUCTION
Polyoxymethylene (commonly known as POM) is a formaldehyde-based high-performance engineering plastic. It is used in a variety of end-user sectors, including electrical and electronics, automotive, consumer goods and electronics, and so on. Because of its many desirable features, such as outstanding dimensional stability, impact resistance, fatigue resistance, and high strength, polyoxymethylene is a popular material in the category of high performance engineering plastics.
MARKET DYNAMICS
Over the projected period, the worldwide polyoxymethylene market is likely to be driven by major end-use sectors such as automotive, commercial goods, and electrical and electronics. POM demand in packaging and consumer electronic products is likely to boost global market growth even further. Because of its low friction, excellent abrasion resistance, high heat resistance, strong electrical characteristics, and minimal water absorption, POM is widely utilised as an engineering thermoplastic in commercial and industrial precision parts.
MARKET SCOPE
The "Global Polyoxymethylene Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the polyoxymethylene market with detailed market segmentation by application. The global polyoxymethylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyoxymethylene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyoxymethylene market is segmented into application. By application the polyoxymethylene market is classified into electrical and electronics, medical, consumer goods and appliances, construction, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global polyoxymethylene market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The polyoxymethylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyoxymethylene market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the polyoxymethylene market in these regions.
The report covers vital developments in the polyoxymethylene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the polyoxymethylene market are anticipated to lucrative growth opportunities in the future with the rising demand for polyoxymethylene in the global market. Below mentioned is the list of few companies engaged in the polyoxymethylene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyoxymethylene market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
Polyoxymethylene (commonly known as POM) is a formaldehyde-based high-performance engineering plastic. It is used in a variety of end-user sectors, including electrical and electronics, automotive, consumer goods and electronics, and so on. Because of its many desirable features, such as outstanding dimensional stability, impact resistance, fatigue resistance, and high strength, polyoxymethylene is a popular material in the category of high performance engineering plastics.
MARKET DYNAMICS
Over the projected period, the worldwide polyoxymethylene market is likely to be driven by major end-use sectors such as automotive, commercial goods, and electrical and electronics. POM demand in packaging and consumer electronic products is likely to boost global market growth even further. Because of its low friction, excellent abrasion resistance, high heat resistance, strong electrical characteristics, and minimal water absorption, POM is widely utilised as an engineering thermoplastic in commercial and industrial precision parts.
MARKET SCOPE
The "Global Polyoxymethylene Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the polyoxymethylene market with detailed market segmentation by application. The global polyoxymethylene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyoxymethylene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyoxymethylene market is segmented into application. By application the polyoxymethylene market is classified into electrical and electronics, medical, consumer goods and appliances, construction, other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global polyoxymethylene market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The polyoxymethylene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyoxymethylene market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the polyoxymethylene market in these regions.
The report covers vital developments in the polyoxymethylene market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the polyoxymethylene market are anticipated to lucrative growth opportunities in the future with the rising demand for polyoxymethylene in the global market. Below mentioned is the list of few companies engaged in the polyoxymethylene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyoxymethylene market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Celanese Corporation
- DuPont
- Korea Engineering Plastics
- Mitsubishi Engineering-Plastics Corporation
- Polyplastics Co.
- China National Bluestar (Group) Co. Ltd
- Plastic Solutions
- Emco Industrial Plastics
- Goodfellow
- Hardie Polymers Ltd