Press release
Polyoxymethylene (POM) Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2021 to 2027|Ticona, Dupont, Polyplastics, KEP
Global Polyoxymethylene (POM) Sales Market Report 2021The Polyoxymethylene (POM) Market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Polyoxymethylene (POM) market research report recommends a business strategy for present market participants to strengthen their position in the market.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Ticona, Dupont, Polyplastics, KEP, Mitsubishi Engineering-Plastics, BASF, Asahi Kasei, Kolon industries, LG Chem, Formosa Plastis, Yunnan Yuntianhua, PTM Engineering Plastics (Nantong), Shanghai Bluestar POM, China Bluechemical, Shenhua Group, Henan Energy And Chemical Industry Group, Tianjin Bohua Yongli Chemical Indusry, Yankuang Group
INDUSTRY NEWS
BASF has acquired 25 companies, including 6 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 24 assets.
BASF’s largest acquisition to date was in 2006, when it acquired Engelhard for $4.9B. It’s largest disclosed sale occurred in 2000, when it sold Knoll Pharmaceutical to Abbott Laboratories for $6.9B. BASF has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include chemicals (64%) and life science (11%).
The Global Polyoxymethylene (POM) Market Size is Projected to Reach at a CAGR of 9.12% during 2021-2027.
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MARKET OVERVIEW
The transportation industry dominated the market, and is expected to grow during the forecast period, owing to the increasing automotive sales across the world, especially in the Asia-Pacific region.
Increasing new applications in the food packaging industry is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the world, with the largest consumption in China.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Polyoxymethylene (POM) Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Polyoxymethylene (POM) market document.
Polyoxymethylene (POM) market Segmentation By Type:
POM-H
POM-C
Polyoxymethylene (POM) market Segmentation By Application:
Consumer Items
Automotive Industry
Construction Industry
Machinery Manufacturing
Others
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Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
REGIONAL OUTLOOK
Asia-Pacific Region to Dominate the Market
Asia-Pacific dominated the POM market, accounting for a major share of the market. The region was found to be the largest market for POM consumption, due to several developing economies in the region. The product consumption is very high in China, due to POM’s application in various electrical and electronic, and automobile industries. Use of POM as a replacement for metal, due to its lightweight and high strength in various sectors, has increased its consumption in major end-user industries.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Polyoxymethylene (POM) Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Polyoxymethylene (POM) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Polyoxymethylene (POM) industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Polyoxymethylene (POM) marketplace in the during the forecast period?
Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Polyoxymethylene (POM) market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization: -
The Global Polyoxymethylene (POM) Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
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