Global POM (Polyoxymethylene) Market Growth 2019-2024

POM (Polyoxymethylene), also known as acetal homopolymer and polyacetal, is an engineering thermoplastic with mechanical properties that make it be widely used in high load mechanical applications and other high precision parts, such as gears, bearings, medical devices, etc. It provides a wide operating temperature range, low friction, excellent dimensional stability, as well as high wear resistance with the stiffness and strength. POM can be divided in two major categories: POM homopolymer (POM-H) and POM copolymer (POM-C), which has different characteristics.

Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, POM market has a certain potential in US, EU, Japan, and Korea. These areas demand are relatively stable. During these years, China's POM industry maintains a rapid growth.
In future, the POM consuming market will still has a certain amount of growth. Global competition is likely to turn to the relationship of competition and cooperation. With the development of economy, Asia has huge market potential in the future. Owing to the increasing of demand in POM downstream products, the world POM capacity will continue to expand.

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According to this study, over the next five years the POM (Polyoxymethylene) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in POM (Polyoxymethylene) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of POM (Polyoxymethylene) market by product type, application, key manufacturers and key regions and countries.

This study considers the POM (Polyoxymethylene) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
POM-H
POM-C
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Consumer Items
Automotive Industry
Construction Industry
Machinery Manufacturing
Electrical Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ticona
Dupont
Polyplastics
KEP
Mitsubishi
BASF
Kolon
Asahi Kasei
LG Chem
Formosa Plastis
Yunnan Yuntianhua
PTM Engineering Plastics
Shanghai Bluestar POM
China Bluechemical
Shenhua Group
HNEC
Tianjin Bohua Yongli
Yankuang Group

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Research objectives
To study and analyze the global POM (Polyoxymethylene) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of POM (Polyoxymethylene) market by identifying its various subsegments.
Focuses on the key global POM (Polyoxymethylene) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the POM (Polyoxymethylene) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of POM (Polyoxymethylene) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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