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Polyoxymethylene Market Report by Type (Homopolymer POM, Copolymer POM), Process (Injection Molding, Extrusion Molding, and Others), Grade (Standard, Reinforced, Impact Modified, Recycled, UV Stabilized, and Others), End User (Electrical and Electronics, Automotive and Transportation, Medical, Consumer Goods and Appliances, Construction, and Others), and Region 2024-2032
Market Report I 2024-09-10 I 136 Pages I IMARC Group
The global polyoxymethylene market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
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 2024-2032. 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
o United States
o Canada
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
- Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
- Latin America
o Brazil
o Mexico
o 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?
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
10.2 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
10.3 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
10.4 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
10.5 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
Figure 1: Global: Polyoxymethylene Market: Major Drivers and Challenges
Figure 2: Global: Polyoxymethylene Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Polyoxymethylene Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Polyoxymethylene Market: Breakup by Type (in %), 2023
Figure 5: Global: Polyoxymethylene Market: Breakup by Process (in %), 2023
Figure 6: Global: Polyoxymethylene Market: Breakup by Grade (in %), 2023
Figure 7: Global: Polyoxymethylene Market: Breakup by End User (in %), 2023
Figure 8: Global: Polyoxymethylene Market: Breakup by Region (in %), 2023
Figure 9: Global: Polyoxymethylene (Homopolymer POM) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Polyoxymethylene (Homopolymer POM) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Polyoxymethylene (Copolymer POM) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Polyoxymethylene (Copolymer POM) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Polyoxymethylene (Injection Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Polyoxymethylene (Injection Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Polyoxymethylene (Extrusion Molding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Polyoxymethylene (Extrusion Molding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Polyoxymethylene (Other Processes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Polyoxymethylene (Other Processes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Polyoxymethylene (Standard) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Polyoxymethylene (Standard) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Polyoxymethylene (Reinforced) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Polyoxymethylene (Reinforced) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Polyoxymethylene (Impact Modified) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Polyoxymethylene (Impact Modified) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Polyoxymethylene (Recycled) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Polyoxymethylene (Recycled) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Polyoxymethylene (UV Stabilized) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Polyoxymethylene (UV Stabilized) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Polyoxymethylene (Other Grades) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Polyoxymethylene (Other Grades) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Polyoxymethylene (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Polyoxymethylene (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Polyoxymethylene (Automotive and Transportation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Polyoxymethylene (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Polyoxymethylene (Medical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Polyoxymethylene (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Polyoxymethylene (Consumer Goods and Appliances) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Polyoxymethylene (Consumer Goods and Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Global: Polyoxymethylene (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Global: Polyoxymethylene (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Global: Polyoxymethylene (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Global: Polyoxymethylene (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: North America: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: North America: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: United States: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: United States: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Canada: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Canada: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Asia-Pacific: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Asia-Pacific: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: China: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: China: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Japan: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Japan: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: India: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: India: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: South Korea: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: South Korea: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Australia: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Australia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Indonesia: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Indonesia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Europe: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Europe: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Germany: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Germany: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: France: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: France: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: United Kingdom: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: United Kingdom: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Italy: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Italy: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Spain: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Spain: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Russia: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Russia: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Latin America: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Latin America: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Brazil: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Brazil: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Mexico: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Mexico: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 87: Others: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 88: Others: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 89: Middle East and Africa: Polyoxymethylene Market: Sales Value (in Million US$), 2018 & 2023
Figure 90: Middle East and Africa: Polyoxymethylene Market: Breakup by Country (in %), 2023
Figure 91: Middle East and Africa: Polyoxymethylene Market Forecast: Sales Value (in Million US$), 2024-2032
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
Table 1: Global: Polyoxymethylene Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Polyoxymethylene Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Polyoxymethylene Market Forecast: Breakup by Process (in Million US$), 2024-2032
Table 4: Global: Polyoxymethylene Market Forecast: Breakup by Grade (in Million US$), 2024-2032
Table 5: Global: Polyoxymethylene Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Polyoxymethylene Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Polyoxymethylene Market: Competitive Structure
Table 8: Global: Polyoxymethylene Market: Key Players
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