Press release
Polyoxymethylene (POM) Market Soars: Unlocking Growth Potential with Innovation and Rising Demand 2025 | Top key players - BASF SE, Asahi Kasei Corporation, SABIC.
As per the DataM Intelligence, The Global Polyoxymethylene (POM) Market reached US$ 3.9 billion in 2022 and is expected to reach US$ 6.1 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031. Rising demand for lightweight and durable materials in automotive and electronics industries, increased use in consumer goods, and advancements in manufacturing technologies are driving the growth of the Polyoxymethylene (POM) market.Unlock exclusive insights with our detailed sample report (Corporate Email ID to get priority access) @ https://datamintelligence.com/download-sample/polyoxymethylene-pom-market?sz
The Polyoxymethylene (POM) Market involves the production and sale of a high-performance engineering thermoplastic known for its excellent mechanical strength, stiffness, and low friction. Widely used in automotive, electronics, and consumer goods, POM offers durability and precision in manufacturing, driving demand across industries for lightweight, reliable, and cost-effective plastic components.
Polyoxymethylene (POM) Market Key Developments in USA:
➠ In March 2025, a leading U.S.-based automotive supplier announced the integration of bio-based Polyoxymethylene (POM) in its fuel system components. This strategic move aims to meet sustainability targets by reducing the carbon footprint of automotive parts. Bio-based POM, derived from renewable resources, offers similar performance characteristics to traditional POM while contributing to environmental conservation efforts.
➠ In January 2025, the U.S. POM market experienced stable but slightly declining prices. Demand was subdued due to harsh winter weather, especially in the construction sector, combined with economic uncertainties and competition from aggressive Chinese imports. This led to minimal price volatility as slack demand offset supply disruptions caused by winter storms.
Key Industry players in the Polyoxymethylene (POM) Market
The prominent players in Polyoxymethylene (POM) market research report are: BASF SE, Asahi Kasei Corporation, SABIC, Kolon Plastics, Inc., Westlake Plastics Company, Polyplastics Co. Ltd., Mitsubishi Chemical Corporation, DuPont de Nemours, Inc., Korea Engineering Plastics Co., Ltd. and LyondellBasell Industries Holdings B.V.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Market Segments
By Type: Homopolymer, Copolymer.
By Forming Method: Injection Molding, Blow Molding, Extrusion, Others.
By Grade: Standard, Reinforced, Impact Modified, Recycled, UV Stabilized, Special Grade, Others.
By Application: Circuit Boards, Wiring, Additives, Medical Grade & Prosthetics, Food Processing Machinery Parts, Automotive Winching, Membranes, Others.
By End-User: Electrical & Electronics, Building & Construction, Automotive, Aerospace, Food Packaging, Consumers Goods, Others.
The Polyoxymethylene (POM) industry is experiencing rapid growth, driven by innovations in medical technology, rising demand for advanced therapies, and a stronger focus on patient-centered care. As the sector progresses, comprehensive market analysis becomes crucial for monitoring emerging trends, regulatory changes, and potential opportunities.
Regions Covered:
The global Polyoxymethylene (POM) Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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FAQs:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Polyoxymethylene (POM) market?
➠ Who are the key players in the global Polyoxymethylene (POM) industry, and what is their operational performance in terms of capacity, output, sales, pricing, costs, and overall revenue?
➠ What opportunities and challenges are vendors facing in the global Polyoxymethylene (POM) market?
➠ Which product types or end-user applications are likely to experience the most growth? What is the market share of each segment?
➠ What are the main strategic approaches and limitations influencing the growth of the Polyoxymethylene (POM) market?
➠ What are the various sales, marketing, and distribution strategies used across the global Polyoxymethylene (POM) industry?
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