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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]:
• Copolymer
• Homopolymer
Polyacetal (Polyoxymethylene, POM) Market by Grade [Shipment Analysis by Value from 2018 to 2030]:
• Standard
• Reinforced
• Impact Modified
• Recycled
• UV Stabilized
• Special Grade
Polyacetal (Polyoxymethylene, POM) Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Consumer Goods
• Industrial
• Electrical & Electronics
• Others
Polyacetal (Polyoxymethylene, POM) Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• Dupont
• Thai Polyacetal
• Polyplastics
• Asahi Kasei Chemicals
• Korea Engineering Plastics
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:
• Dupont
• Thai Polyacetal
• Polyplastics
• Asahi Kasei Chemicals
• Korea Engineering Plastics
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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polyacetal (polyoxymethylene, POM) market by type (copolymer and homopolymer), grade (standard, reinforced, impact modified, recycled, UV stabilized, and special grade), application (automotive, consumer goods, industrial, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polyacetal (Polyoxymethylene, Pom) Market, Polyacetal (Polyoxymethylene, Pom) Market Size, Polyacetal (Polyoxymethylene, Pom) Market Growth, Polyacetal (Polyoxymethylene, Pom) Market Analysis, Polyacetal (Polyoxymethylene, Pom) Market Report, Polyacetal (Polyoxymethylene, Pom) Market Share, Polyacetal (Polyoxymethylene, Pom) Market Trends, Polyacetal (Polyoxymethylene, Pom) Market Forecast, Polyacetal (Polyoxymethylene, Pom) Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Polyacetal (Polyoxymethylene, POM) Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Polyacetal (Polyoxymethylene, POM) Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Polyacetal (Polyoxymethylene, POM) Market by Type
3.3.1: Copolymer
3.3.2: Homopolymer
3.4: Global Polyacetal (Polyoxymethylene, POM) Market by Grade
3.4.1: Standard
3.4.2: Reinforced
3.4.3: Impact modified
3.4.4: Recycled
3.4.5: UV Stabilized
3.5: Global Polyacetal (Polyoxymethylene, POM) Market by Application
3.5.1: Automotive
3.5.2: Consumer Goods
3.5.3: Industrial
3.5.4: Electrical & Electronics
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Polyacetal (Polyoxymethylene, POM) Market by Region
4.2: North American Polyacetal (Polyoxymethylene, POM) Market
4.2.2: North American Polyacetal (Polyoxymethylene, POM) Market by Application: Automotive, Consumer Goods, Industrial, Electrical & Electronics, and Others
4.3: European Polyacetal (Polyoxymethylene, POM) Market
4.3.1: European Polyacetal (Polyoxymethylene, POM) Market by Type: Copolymer and Homopolymer
4.3.2: European Polyacetal (Polyoxymethylene, POM) Market by Application: Automotive, Consumer Goods, Industrial, Electrical & Electronics, and Others
4.4: APAC Polyacetal (Polyoxymethylene, POM) Market
4.4.1: APAC Polyacetal (Polyoxymethylene, POM) Market by Type: Copolymer and Homopolymer
4.4.2: APAC Polyacetal (Polyoxymethylene, POM) Market by Application: Automotive, Consumer Goods, Industrial, Electrical & Electronics, and Others
4.5: ROW Polyacetal (Polyoxymethylene, POM) Market
4.5.1: ROW Polyacetal (Polyoxymethylene, POM) Market by Type: Copolymer and Homopolymer
4.5.2: ROW Polyacetal (Polyoxymethylene, POM) Market by Application: Automotive, Consumer Goods, Industrial, Electrical & Electronics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Polyacetal (Polyoxymethylene, POM) Market by Type
6.1.2: Growth Opportunities for the Global Polyacetal (Polyoxymethylene, POM) Market by Grade
6.1.3: Growth Opportunities for the Global Polyacetal (Polyoxymethylene, POM) Market by Application
6.1.4: Growth Opportunities for the Global Polyacetal (Polyoxymethylene, POM) Market by Region
6.2: Emerging Trends in the Global Polyacetal (Polyoxymethylene, POM) Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Polyacetal (Polyoxymethylene, POM) Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Polyacetal (Polyoxymethylene, POM) Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Dupont
7.2: Thai Polyacetal
7.3: Polyplastics
7.4: Asahi Kasei Chemicals
7.5: Korea Engineering Plastics
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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