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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
Persistence Market Research
Polyoxymethylene Market - PMR Market
Insight Report 2016 to 2022
Persistence Market Research
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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
Persistence Market Research Released New Market Report on “Polyoxymethylene
Market - PMR Market Insight Report 2016 to 2022”.
Polyoxymethylene (also known as POM) is a high performance engineering plastic
that is derived from formaldehyde. It finds its applications in various end user
industries such as electrical and electronics, automotive industry, consumer goods
and electronics, and others. Polyoxymethylene is a preferred material in the
category of high performance engineering plastics due to its various desirable
properties such as excellent dimensional stability, impact resistance, fatigue
resistance, and high strength. Polyoxymethylene is majorly used in electrical &
electronics industry to make insulators, capacitors and various other electronic
components. The use of this material makes the product more efficient and effective
to deliver better performance.
Polymers are considered as an important material in the food industry due to factors
such as mechanical strength, low cost and ease in manufacturing and processing.
As a result, the demand for plastic from the food industry is expected to strengthen
the market for Polyoxymethylene, thereby creating new opportunities in the coming
years. Polyoxymethylene is also used as a replacement for metal as it weighs lighter
than metal and also possesses high impact strength.
Global Polyoxymethylene market is segmented by process as well as by end user
Polyoxymethylene By Process:
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Injection Molding
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Extrusion Molding
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Others (Rotational Molding, Blow molding, physical foaming)
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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
Polyoxymethylene By End user:
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Electrical and Electronics
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Automotive
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Consumer Goods and Appliances
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Others (Packaging, Medical, Food, Construction)
Polyoxymethylene is an engineering thermoplastic that is used because of its
excellent physical properties which make it a metal replacing light weight material.
The drivers for this market include superior properties, increasing demand in end
use industries, and replacement for plastics among others. New applications in the
food packaging industry along with non-crude oil derivate based raw materials
would act as opportunities for Polyoxymethylene. Use of Polyoxymethylene in
various industries such as automotive, electrical and electronics, others in the form
of metal replacement plastic due to its light weight and high strength is expected to
drive growth of the Polyoxymethylene market.
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Polyoxymethylene manufacturers are investing heavily in plant capacity expansion
or regional expansion by creating new subsidiaries to penetrate into new markets
and to improve the reach of their products in various regions. Major players in this
market are engaged in R&D efforts to develop newer applications and new products
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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
to fulfill the demand from various end use industries. Also, the companies are
engaged in new product launch, and mergers & acquisitions. The companies are
expanding their geographical footprints by setting up plants at new locations. These
strategies are helping the companies to increase their market share and expand
their reach.
The global Polyoxymethylene market is estimated to witness significant growth for
the forecast period (2015 to 2025). Asia-Pacific is the leading market in terms of
consumption and it accounts for nearly half of the total market for
Polyoxymethylene. Western European market for polyoxymethylene is also expected
to grow at moderate rate in the coming years. According to FMI’s forecasts, this
market in Asia-Pacific is expected to show the fastest CAGR over the forecasted
period as huge amount of investment are made in this region.
Some of the major players of the global Polyoxymethylene market are: E. I. Du Pont
De Nemours and Company, BASF SE, A. Schulman, Korea Engineering Plastics, Asahi
Kasei Chemicals Corp., Celanese Corporation, Mitsubishi Engineering-Plastics
Corporation, and others.
The report covers exhaustive analysis on:
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Polyoxymethylene Market Segments
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Polyoxymethylene Market Dynamics
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Historical Actual Market Size, 2012 - 2014
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Polyoxymethylene Market Size & Forecast 2015 to 2025
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Supply & Demand Value Chain
•
Polyoxymethylene Market Current Trends/Issues/Challenges
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Competition & Companies involved
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Technology
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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
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Value Chain
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Polyoxymethylene Market Drivers and Restraints
Regional analysis for Polyoxymethylene Market includes
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North America
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Latin America
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Europe
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Asia Pacific & Japan
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The Middle East and Africa
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Report Highlights:
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Shifting Industry dynamics
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In-depth market segmentation
•
Historical, current and projected industry size Recent industry trends
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Key Competition landscape
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Strategies of key players and product offerings
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Potential and niche segments/regions exhibiting promising growth
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A neutral perspective towards market performance
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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022
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specializing in syndicated research, custom research, and consulting services. PMR
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company draws from its multi-disciplinary capabilities and high-pedigree team of
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