Product Code: 1202
The global polyoxymethylene market is projected to grow at a significant trajectory through 2028 owing to surging uptake in industries like electronics and automotive, among others. Polyoxymethylene (POM), also known as acetylic resin, is a self-lubricating plastic material often used in the production of precision parts across various applications, including automotive, electrical, industrial, and drug discovery.
POM offers appealing characteristics, such as greater strength, hardness, and rigidity, with ideal chemical resistance, and toughness. The material has emerged as an effective alternative to metal materials due to its superior resistance against organic solvents, shear behavior with abrasion resistance, and capabilities to withstand black light UV radiation.
Recently, drug delivery has emerged as a vital use case of POM. With highly complex drug delivery devices, there has been an upsurge in the demand for materials with ideal physical and chemical properties, such as POM, among manufacturers. Most mechanical components in devices, including gears or springs, are made of POM due to its performance-elevating properties.
The global polyoxymethylene market has been classified in terms of type, grade, application, and region. Based on grade, the polyoxymethylene market has been fragmented into standard, reinforced, impact modified, recycled, UV stabilized, special grade, and others. The impact modified segment size is expected to surpass 200 kilo tons by 2028.
The polyoxymethylene industry share from the UV stabilized segment is projected to grow at approximately 4% CAGR through the forecast timespan. The special grade segment is likely to exceed USD 1,300 million in revenue by 2028. The others segment is estimated to be valued at more than USD 750 million by 2028.
In terms of application, the overall polyoxymethylene market has been bifurcated into consumer goods, automotive, electrical & electronics, industrial, and others. Among these, the electrical & electronics application segment is expected to exhibit sturdy growth at a CAGR of more than 5.5% from 2022 to 2028. The others application segment is likely to showcase notable growth at over 3.5% CAGR through the review timespan.
On the regional front, the North America polyoxymethylene market is estimated to reach a valuation of nearly USD 580 million by 2028. North America has seen an upsurge in investments, acquisitions, and partnerships among industry players, fostering a lucrative scope for scaling up the domestic POM business, which is set to drive regional market growth in the coming years.
To cite an instance, in February 2022, Celanese Corporation, a Texas-based leading chemical and specialty materials inked a profitable deal with Delaware-based chemicals giant DuPont. The partnership allowed Celanese to leverage DuPont's diverse portfolio comprising of thermoplastics & elastomers for boosting its engineering polymer line, which includes polyacetal/POM and other high-performance polymers.
Meanwhile, the Middle East & Africa polyoxymethylene industry is expected to depict a CAGR of around 2.5% over the study timeframe. Saudi Arabia's flourishing automotive market is driving the demand for precision part materials and components like POM. According to the International Trade Administration, the automotive sector in the Middle East and North Africa (MENA) region is also growing at a substantial pace, which is slated to propel product adoption across the MEA region in the forthcoming years.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Methodology
- 1.2 Base estimation & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 Middle East & Africa
- 1.3 Forecast calculation
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Polyoxymethylene market 360 degree synopsis, 2018 - 2028
- 2.1.1 Business trends
- 2.1.2 Type by application trends
- 2.1.3 Grade trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 Polyoxymethylene Industry Insights
- 3.1 Industry segmentation
- 3.2 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Profit margin analysis
- 3.3.2 Value addition at each stage
- 3.3.3 Distribution channel analysis
- 3.3.4 Vendor matrix
- 3.4 Industry megatrends
- 3.5 Innovation & sustainability
- 3.5.1 Patent analysis
- 3.5.2 Technology landscape
- 3.5.3 Future trends
- 3.6 Industry impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increasing use of plastic as replacement to metals in automotive industry
- 3.6.1.2 Increasing acceptance for POM in medical applications
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Environmental regulations and health issues regarding polyoxymethylene use in plastics and application scope
- 3.6.2.2 Fluctuations in feedstock prices
- 3.7 Regulatory landscape
- 3.7.1 North America
- 3.7.2 Europe
- 3.7.3 Asia Pacific
- 3.8 Growth potential analysis
- 3.9 Competitive landscape, 2021
- 3.9.1 Company market share analysis, 2021
- 3.9.2 Strategy dashboard
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 Price trends
- 3.11.1 Regional price trends
- 3.11.2 Cost structure analysis
- 3.11.2.1 R&D cost
- 3.11.2.2 Manufacturing & equipment cost
- 3.11.2.3 Raw material cost
- 3.11.2.4 Distribution cots
- 3.11.2.5 Operating cost
- 3.11.2.6 Miscellaneous cost
- 3.11.3 Price by product
- 3.11.4 Regional pricing
- 3.12 PESTEL analysis
Chapter 4 Global Polyoxymethylene Market, By Type
- 4.1 Global polyoxymethylene market material insights
- 4.2 Copolymer
- 4.2.1 Market estimates and forecast, 2018 - 2028
- 4.2.2 Market estimates and forecast, by application, 2018 - 2028
- 4.2.3 Market estimates and forecast, by region, 2018 - 2028
- 4.3 Homopolymer
- 4.3.1 Market estimates and forecast, 2018 - 2028
- 4.3.2 Market estimates and forecast, by application, 2018 - 2028
- 4.3.3 Market estimates and forecast, by region, 2018 - 2028
Chapter 5 Global Polyoxymethylene Market, By Grade
- 5.1 Global polyoxymethylene market process insights
- 5.2 Standard
- 5.2.1 Market estimates and forecast, 2018 - 2028
- 5.2.2 Market estimates and forecast, by region, 2018 - 2028
- 5.3 Reinforced
- 5.3.1 Market estimates and forecast, 2018 - 2028
- 5.3.2 Market estimates and forecast, by region, 2018 - 2028
- 5.4 Impact modified
- 5.4.1 Market estimates and forecast, 2018 - 2028
- 5.4.2 Market estimates and forecast, by region, 2018 - 2028
- 5.5 Recycled
- 5.5.1 Market estimates and forecast, 2018 - 2028
- 5.5.2 Market estimates and forecast, by region, 2018 - 2028
- 5.6 UV stabilized
- 5.6.1 Market estimates and forecast, 2018 - 2028
- 5.6.2 Market estimates and forecast, by region, 2018 - 2028
- 5.7 Special grade
- 5.7.1 Market estimates and forecast, 2018 - 2028
- 5.7.2 Market estimates and forecast, by region, 2018 - 2028
- 5.8 Others
- 5.8.1 Market estimates and forecast, 2018 - 2028
- 5.8.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 6 Polyoxymethylene Market, By Application
- 6.1 Global polyoxymethylene market application insights
- 6.2 Automotive
- 6.2.1 Market estimates and forecast, 2018 - 2028
- 6.2.2 Market estimates and forecast, by region, 2018 - 2028
- 6.3 Consumer goods
- 6.3.1 Market estimates and forecast, 2018 - 2028
- 6.3.2 Market estimates and forecast, by region, 2018 - 2028
- 6.4 Industrial
- 6.4.1 Market estimates and forecast, 2018 - 2028
- 6.4.2 Market estimates and forecast, by region, 2018 - 2028
- 6.5 Electrical & Electronics
- 6.5.1 Market estimates and forecast, 2018 - 2028
- 6.5.2 Market estimates and forecast, by region, 2018 - 2028
- 6.6 Others
- 6.6.1 Market estimates and forecast, 2018 - 2028
- 6.6.2 Market estimates and forecast, by region, 2018 - 2028
Chapter 7 Polyoxymethylene Market, By Region
- 7.1 Global polyoxymethylene market regional insights
- 7.2 North America
- 7.2.1 Market estimates and forecast, 2018 - 2028
- 7.2.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.2.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.2.4 Market estimates and forecast, by application, 2018 - 2028
- 7.2.5 U.S.
- 7.2.5.1 Market estimates and forecast, 2018 - 2028
- 7.2.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.2.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.2.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.2.6 Canada
- 7.2.6.1 Market estimates and forecast, 2018 - 2028
- 7.2.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.2.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.2.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3 Europe
- 7.3.1 Market estimates and forecast, 2018 - 2028
- 7.3.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.5 Germany
- 7.3.5.1 Market estimates and forecast, 2018 - 2028
- 7.3.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.6 UK
- 7.3.6.1 Market estimates and forecast, 2018 - 2028
- 7.3.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.7 France
- 7.3.7.1 Market estimates and forecast, 2018 - 2028
- 7.3.7.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.7.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.7.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.8 Italy
- 7.3.8.1 Market estimates and forecast, 2018 - 2028
- 7.3.8.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.8.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.8.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.9 Spain
- 7.3.9.1 Market estimates and forecast, 2018 - 2028
- 7.3.9.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.9.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.9.4 Market estimates and forecast, by application, 2018 - 2028
- 7.3.10 Russia
- 7.3.10.1 Market estimates and forecast, 2018 - 2028
- 7.3.10.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.3.10.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.3.10.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018 - 2028
- 7.4.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.5 China
- 7.4.5.1 Market estimates and forecast, 2018 - 2028
- 7.4.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.6 India
- 7.4.6.1 Market estimates and forecast, 2018 - 2028
- 7.4.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.7 Japan
- 7.4.7.1 Market estimates and forecast, 2018 - 2028
- 7.4.7.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.7.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.7.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.8 Australia
- 7.4.8.1 Market estimates and forecast, 2018 - 2028
- 7.4.8.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.8.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.8.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.9 Indonesia
- 7.4.9.1 Market estimates and forecast, 2018 - 2028
- 7.4.9.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.9.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.9.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.10 Malaysia
- 7.4.10.1 Market estimates and forecast, 2018 - 2028
- 7.4.10.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.10.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.10.4 Market estimates and forecast, by application, 2018 - 2028
- 7.4.11 Thailand
- 7.4.11.1 Market estimates and forecast, 2018 - 2028
- 7.4.11.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.4.11.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.4.11.4 Market estimates and forecast, by application, 2018 - 2028
- 7.5 Latin America
- 7.5.1 Market estimates and forecast, 2018 - 2028
- 7.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.5.5 Brazil
- 7.5.5.1 Market estimates and forecast, 2018 - 2028
- 7.5.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.5.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.5.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.5.6 Mexico
- 7.5.6.1 Market estimates and forecast, 2018 - 2028
- 7.5.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.5.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.5.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.6 Middle East & Africa (MEA)
- 7.6.1 Market estimates and forecast, 2018 - 2028
- 7.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.6.5 South Africa
- 7.6.5.1 Market estimates and forecast, 2018 - 2028
- 7.6.5.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.6.5.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.6.5.4 Market estimates and forecast, by application, 2018 - 2028
- 7.6.6 Turkey
- 7.6.6.1 Market estimates and forecast, 2018 - 2028
- 7.6.6.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.6.6.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.6.6.4 Market estimates and forecast, by application, 2018 - 2028
- 7.6.7 United Arab Emirates
- 7.6.7.1 Market estimates and forecast, 2018 - 2028
- 7.6.7.2 Market estimates and forecast, Type by application, 2018 - 2028
- 7.6.7.3 Market estimates and forecast, By Grade, 2018 - 2028
- 7.6.7.4 Market estimates and forecast, by application, 2018 - 2028
Chapter 8 Company Profiles
- 8.1 DuPont
- 8.1.1 Business overview
- 8.1.2 Financial data
- 8.1.3 Product landscape
- 8.1.4 Strategic outlook
- 8.1.5 SWOT analysis
- 8.2 A. Schulman Inc.
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
- 8.3 BASF SE
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
- 8.4 Korea Engineering Plastics Company Limited
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
- 8.5 Polyplastics Co., Ltd
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 Strategic outlook
- 8.5.5 SWOT analysis
- 8.6 Zollern GmbH
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 Strategic outlook
- 8.6.5 SWOT analysis
- 8.7 Celanese Corporation
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
- 8.8 Asahi Kasei Corporation
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
- 8.9 Formosa Plastics Corporation
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis
- 8.10 Kolon Plastic Inc.
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 Strategic outlook
- 8.10.5 SWOT analysis
- 8.11 LG Chem
- 8.11.1 Business overview
- 8.11.2 Financial data
- 8.11.3 Product landscape
- 8.11.4 Strategic outlook
- 8.11.5 SWOT analysis
- 8.12 Mitsubishi Engineering-Plastics Corporation
- 8.12.1 Business overview
- 8.12.2 Financial data
- 8.12.3 Product landscape
- 8.12.4 Strategic outlook
- 8.12.5 SWOT analysis
- 8.13 Barlog Plastics GmbH
- 8.13.1 Business overview
- 8.13.2 Financial data
- 8.13.3 Product landscape
- 8.13.4 Strategic outlook
- 8.13.5 SWOT analysis
- 8.14 SABIC
- 8.14.1 Business overview
- 8.14.2 Financial data
- 8.14.3 Product landscape
- 8.14.4 Strategic outlook
- 8.14.5 SWOT analysis
- 8.15 China National Chemical Corporation (ChemChina)
- 8.15.1 Business overview
- 8.15.2 Financial data
- 8.15.3 Product landscape
- 8.15.4 Strategic outlook
- 8.15.5 SWOT analysis