Press release
Medical Polyoxymethylene market to exceed US$ US$ 61,542.14 million by 2028, says Premium Market Insights
The global medical polyoxymethylene market was valued at US$ 61,542.14 thousand in 2019 and is projected to reach US$ 88,482.56 thousand by 2028; it is expected to grow at a CAGR of 4.2% from 2020 to 2028.Medical Polyoxymethylene Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Dialysis Machine, Handles for Surgical Instruments, Inhalers, Insulin Pen, and Others)Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00020754?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Medical Polyoxymethylene Market:
Polyoxymethylene (POM) is a high-performance engineered thermoplastic, which is traditionally produced through ring opening polymerization of formaldehyde and is mainly supplied in the form of pellets. POM resins are produced by the process of polymerization of formaldehyde so as to provide the homopolymers and copolymers by deploying the other monomers. They are known for its several constructive and mechanical properties which makes them a suitable material to replace metal in production of several medical devices. POM is known to provide metal-like machining properties along with thermal and dimensional stability, ultra-high modulus, enhanced strength, hardness and rigidness, minimal friction coefficient and gas/vapor permeability, dielectric strength, and better retention characteristics at elevated temperature. All such properties make it an ideal material to be used in production of several medical devices and equipment such as dialysis machines, handles for instrument, pharmaceutical closure, inhalers, insulin pens and other such application areas. The growth of the market is strongly driven by advancements in technology along with growth of medical device industry. Rapid urbanization, coupled with economic growth and rise in incidence of chronic ailments and diseases, is further stimulating the demand for medical polyoxymethylene.
BASF SE
Celanese Corporation
DuPont de Nemours, Inc.
Ensinger
Inventro Polymers
Kolon Plastics
Korea Engineering Plastics Co., Ltd
LG Chem
Mitsubishi Chemical Corporation
Polyplastics Co., Ltd.
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Chapter Details of Medical Polyoxymethylene Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Medical Polyoxymethylene Market Landscape
Part 04: Medical Polyoxymethylene Market Sizing
Part 05: Medical Polyoxymethylene Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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