Market Research Report

Global Polyoxymethylene (POM) Market Report By Application (Automotive, Electrical, Consumer) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11210010
March 2022
Report Formats: Electronic (PDF), MS EXCEL

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.

AUTOMOTIVE SECTOR TO RAISE THE DEMAND FOR POM

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 EMERGED AS THE LARGEST MARKET FOR POM

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.

PROMINENT PLAYERS

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 XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%. By volume, the market was estimated at XX KT in 2021 and is expected to reach XX KT by 2028 with a CAGR of XX%.
 
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
  • 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.

Global Polyoxymethylene (POM) Market Share by Region (Representative Graph)​

Global Polyoxymethylene (POM) Market Share
 
The report also covers a 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.
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1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . POLYOXYMETHYLENE (POM) – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Application
           3.7.2 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL POLYOXYMETHYLENE (POM) MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Historical and Forecast Data
       6.3 Analysis by Application
       6.4 Automotive Historic and Forecast Sales by Regions
       6.5 Electrical Historic and Forecast Sales by Regions
       6.6 Consumer Historic and Forecast Sales by Regions
       6.7 Others Historic and Forecast Sales by Regions
 
7 . GLOBAL POLYOXYMETHYLENE (POM) MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America Sales Analysis
           7.3.1. Overview, Historic and Forecast Data  Sales Analysis
           7.3.2. North America By Segment Sales Analysis
           7.3.3. North America By Country Sales Analysis
           7.3.4. United State Sales Analysis
           7.3.5. Canada Sales Analysis
           7.3.6. Mexico Sales Analysis
       7.4. Europe Sales Analysis
           7.4.1. Overview, Historic and Forecast Data  Sales Analysis
           7.4.2. Europe by Segment Sales Analysis
           7.4.3. Europe by Country Sales Analysis
           7.4.4. United Kingdom Sales Analysis
           7.4.5. France Sales Analysis
           7.4.6. Germany Sales Analysis
           7.4.7. Italy Sales Analysis
           7.4.8. Russia Sales Analysis
           7.4.9. Rest Of Europe Sales Analysis
       7.5. Asia Pacific Sales Analysis
           7.5.1. Overview, Historic and Forecast Data  Sales Analysis
           7.5.2. Asia Pacific by Segment Sales Analysis
           7.5.3. Asia Pacific by Country Sales Analysis
           7.5.4. China Sales Analysis
           7.5.5. India Sales Analysis
           7.5.6. Japan Sales Analysis
           7.5.7. South Korea Sales Analysis
           7.5.8. Australia Sales Analysis
           7.5.9. Rest Of Asia Pacific Sales Analysis
       7.6. Latin America Sales Analysis
           7.6.1. Overview, Historic and Forecast Data  Sales Analysis
           7.6.2. Latin America by Segment Sales Analysis
           7.6.3. Latin America by Country Sales Analysis
           7.6.4. Brazil Sales Analysis
           7.6.5. Argentina Sales Analysis
           7.6.6. Peru Sales Analysis
           7.6.7. Chile Sales Analysis
           7.6.8. Rest of Latin America Sales Analysis
       7.7. Middle East & Africa Sales Analysis
           7.7.1. Overview, Historic and Forecast Data  Sales Analysis
           7.7.2. Middle East & Africa by Segment Sales Analysis
           7.7.3. Middle East & Africa by Country Sales Analysis
           7.7.4. Saudi Arabia Sales Analysis
           7.7.5. UAE Sales Analysis
           7.7.6. Israel Sales Analysis
           7.7.7. South Africa Sales Analysis
           7.7.8. Rest Of Middle East And Africa Sales Analysis
 
8 . COMPETITIVE LANDSCAPE OF THE POLYOXYMETHYLENE (POM) COMPANIES
       8.1. Polyoxymethylene (Pom) Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF POLYOXYMETHYLENE (POM) INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Asahi Kasei Chemicals Corporation
           9.3.1. Company Overview
           9.3.2. Company Revenue
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. BASF SE
           9.4.1. Company Overview
           9.4.2. Company Revenue
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Buhler AG
           9.5.1. Company Overview
           9.5.2. Company Revenue
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Celanese Corporation
           9.6.1. Company Overview
           9.6.2. Company Revenue
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Daicel Corporation
           9.7.1. Company Overview
           9.7.2. Company Revenue
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. E.I. DuPont de Nemours & Company
           9.8.1. Company Overview
           9.8.2. Company Revenue
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Formosa Plastics Corporation USA
           9.9.1. Company Overview
           9.9.2. Company Revenue
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. LG Chem Ltd.
           9.10.1. Company Overview
           9.10.2. Company Revenue
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Mitsubishi Engineering Plastics Corporation
           9.11.1. Company Overview
           9.11.2. Company Revenue
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Polyplastics Company Ltd.
           9.12.1. Company Overview
           9.12.2. Company Revenue
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. SABIC Innovative Plastics USA LLC
           9.13.1. Company Overview
           9.13.2. Company Revenue
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. Schulman
           9.14.1. Company Overview
           9.14.2. Company Revenue
           9.14.3. Products
           9.14.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Application (KT and USD MN)
  •  Automotive Market Sales by Geography (KT and USD MN)
  •  Electrical Market Sales by Geography (KT and USD MN)
  •  Consumer Market Sales by Geography (KT and USD MN)
  •  Others Market Sales by Geography (KT and USD MN)
  •  Global Polyoxymethylene (Pom) Market Sales by Geography (KT and USD MN)
  •  North America Market Analysis (KT and USD MN)
  •  United State Market Analysis (KT and USD MN)
  •  Canada Market Analysis (KT and USD MN)
  •  Mexico Market Analysis (KT and USD MN)
  •  Europe Market Analysis (KT and USD MN)
  •  Europe Market Estimate by Country (KT and USD MN)
  •  United Kingdom Market Analysis (KT and USD MN)
  •  France Market Analysis (KT and USD MN)
  •  Germany Market Analysis (KT and USD MN)
  •  Italy Market Analysis (KT and USD MN)
  •  Russia Market Analysis (KT and USD MN)
  •  Spain Market Analysis (KT and USD MN)
  •  Rest of Europe Market Analysis (KT and USD MN)
  •  Asia Pacific Market Analysis (KT and USD MN)
  •  China Market Analysis (KT and USD MN)
  •  Japan Market Analysis (KT and USD MN)
  •  India Market Analysis (KT and USD MN)
  •  South Korea Market Analysis (KT and USD MN)
  •  Australia Market Analysis (KT and USD MN)
  •  Rest of Asia Pacific Market Analysis (KT and USD MN)
  •  Latin America Market Analysis (KT and USD MN)
  •  Brazil Market Analysis (KT and USD MN)
  •  Argentina Market Analysis (KT and USD MN)
  •  Peru Market Analysis (KT and USD MN)
  •  Chile Market Analysis (KT and USD MN)
  •  Rest of Latin America Market Analysis (KT and USD MN)
  •  Middle East & Africa Market Analysis (KT and USD MN)
  •  Saudi Arabia Market Analysis (KT and USD MN)
  •  UAE Market Analysis (KT and USD MN)
  •  Israel Market Analysis (KT and USD MN)
  •  South Africa Market Analysis (KT and USD MN)
  •  Rest of Middle East and Africa Market Analysis (KT and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Polyoxymethylene (Pom) Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Polyoxymethylene (Pom) Market Size, by Region (KT and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Application (KT and USD MN)
  •  Automotive Market Sales by Geography (KT and USD MN)
  •  Electrical Market Sales by Geography (KT and USD MN)
  •  Consumer Market Sales by Geography (KT and USD MN)
  •  Others Market Sales by Geography (KT and USD MN)
  •  Global Market Sales (KT and USD MN)
  •  North America Market Sales (KT and USD MN)
  •  Europe Market Sales (KT and USD MN)
  •  Asia Pacific Market Sales (KT and USD MN)
  •  Latin America Market Sales (KT and USD MN)
  •  Middle East & Africa Market Sales (KT and USD MN)
  •  Recent Development in Industry
  •  Top 10 Company Market Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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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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