Global Polyoxymethylene (POM) Market Report By Application (Automotive, Electrical, Consumer) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
April 2018
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The report identified that the rising trend of replacing a heavy metal component in automobile products with plastic material is the prime driving factor of the market. Also, POM is experiencing robust demand from the healthcare industry where it is used in joint reconstruction, spine, traumatology, and others. Moreover, this product is being used in the production of pacemakers, artificial heart valves, etc. Further, the growth in the end-user industries such as automotive, electronics, and commercial goods is expected to drive the market growth. Additionally, the growing demand for packaging and consumer electronic appliances is further adding immense growth to the market.

According to the Value Market Research, the Global Polyoxymethylene Market is estimated to reach USD 4,780.5 MN by 2024 (by revenue) with a CAGR of 7.5%. Whereas, in terms of volume, the market is projected to expand at CAGR X.X% with XX.X kilotons by 2024.
An automotive application is projected to reach USD XX.X MN by 2024. POM has considered as engineering material it has a wide range of application in the automotive industry. Owing to its excellent high heat resistance and good electrical properties it is highly in demand for automotive application. Additionally, its applications include high-performance components such as gear and fasteners (screws, nuts, washers, spacers, etc.).
Asia-Pacific is ruling POM market and is projected to experience significant growth rate over the forecast period. Increasing automotive production in emerging economies like China, India, Japan and Indonesia is expected to raise the POM demand for manufacturing power windows, light stocks, fuel units and door locking systems.
E.I. DuPont de Nemours & Company, Daicel Corporation, Polyplastics Company Ltd., BASF SE, Asahi Kasei Chemicals Corporation,  Buhler AG, Celanese Corporation,  Formosa Plastics Corporation USA, LG Chem Ltd., SABIC Innovative Plastics USA LLC, Mitsubishi Engineering-Plastics Corporation, and Schulman.

As per this study, the Global Polyoxymethylene (POM) Market was valued USD 2,920.6 MN (by revenue) in 2017 and is anticipated to reach USD 4,780.5 MN by 2024 with a CAGR of 7.5%. By volume, the market was estimated at XX.X KT in 2017 and is expected to reach XX.X KT by 2024 with a CAGR of X.X%.
Polyoxymethylene (POM) is also known as a polyformaldehyde, is the most important polyacetal. It is often referred to as a semi-crystalline thermoplastic material which combines high mechanical strength and rigidity along with hardness, and excellent chemical resistance. This highly versatile engineering material is being used in a wide range of applications including high-performance components such as gear and fasteners (screws, nuts, washers, spacers, etc.) in the automotive industry. Other applications of POM comprises the electric housing, circuit boards, switches & wiring components and medical devices.
Market Dynamics
Growing shift towards lightweight and low vehicle emission are likely to increase utilization of polyoxymethylene in the automotive industry is expected to drive the boost the market demand. With automobile manufacturers preferring engineering thermoplastic such as polyoxymethylene is anticipated to receive a significant market growth. Rapidly growing automotive industry in Asia Pacific region is likely to further drive the market over the forecast period. However, rising adoption of bio-based-engineering plastics in end-use industries is likely to hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of polyoxymethylene (POM).
Market Segmentation
The broad polyoxymethylene (POM) market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Application Market Share 2017
Polyoxymethylene Market By Application
By Application

  • Automotive
  • Electrical
  • Consumer
  • Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for polyoxymethylene (POM) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Polyoxymethylene (POM) Market By Revenue (USD MN)
Europe Polyoxymethylene Market By Revenue
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the polyoxymethylene (POM) market includes Asahi Kasei Chemicals Corporation, BASF SE, Buhler AG, Celanese Corporation, Daicel Corporation, E.I. DuPont de Nemours & Company, Formosa Plastics Corporation USA, LG Chem Ltd., Mitsubishi Engineering Plastics Corporation, Polyplastics Company Ltd., SABIC Innovative Plastics USA LLC, and Schulman. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
Major Company Players Market Share
Major Players of Polyoxymethylene Market
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 


  • Introduction To Polyoxymethylene (POM)
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
  • Market Highlight
  • Global Polyoxymethylene (POM) Market: Snapshot
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
  • Market In Automotive
  • Market In Electrical
  • Market In Consumer
  • Market In Others (Medical Devices, Etc.)
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
8. COMPANY PROFILES OF THE POLYOXYMETHYLENE (POM) INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Asahi Kasei Chemicals Corporation
  • Buhler AG
  • Celanese Corporation
  • Daicel Corporation
  • E.I. DuPont de Nemours & Company
  • Formosa Plastics Corporation USA
  • LG Chem Ltd.
  • Mitsubishi Engineering Plastics Corporation
  • Polyplastics Company Ltd.
  • SABIC Innovative Plastics USA LLC
  • Schulman
* Tentative TOC

Table 1.  Market Highlights Of Polyoxymethylene (POM)
Table 2.  Global Polyoxymethylene (POM) Market By Application
Table 3.  Global Polyoxymethylene (POM) Market By Geography
Table 4.  North America Polyoxymethylene (POM) Market
Table 5.  Europe Polyoxymethylene (POM) Market
Table 6.  Asia Pacific Polyoxymethylene (POM) Market
Table 7.  Latin America Polyoxymethylene (POM) Market
Table 8.  Middle East And Africa Polyoxymethylene (POM) Market 
Table 9.  Partnership/Collaboration/Agreements
Table 10. Mergers And Acquisitions
Table 11. New Product Development
Table 12. Other Developments
Fig. 1.     Market Segmentation Of Polyoxymethylene (POM) Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Polyoxymethylene (POM)
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global Polyoxymethylene (POM) Market By Application
Fig. 8.     Global Polyoxymethylene (POM) Market By Geography
Fig. 9.     North America Polyoxymethylene (POM) Market
Fig. 10.   Europe Polyoxymethylene (POM) Market
Fig. 11.   Asia Pacific Polyoxymethylene (POM) Market
Fig. 12.   Latin America Polyoxymethylene (POM) Market
Fig. 13.   Middle East And Africa Polyoxymethylene (POM) Market
Fig. 14.   Market Share Of Polyoxymethylene (POM) Companies
Fig. 15.   Recent Developments In Polyoxymethylene (POM) Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC. 

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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