openPR Logo
Press release

Industry Analysis, Size, Share, Growth 2020 | Polyoxymethylene (POM) Market

Industry Analysis, Size, Share, Growth 2020 | Polyoxymethylene

Transparency Market Research has published a new market report titled “Polyoxymethylene (POM) Market for Automotive, Electrical, Consumer and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.” According to the report, the global polyoxymethylene market was valued at USD 2.00 billion in 2012 and is anticipated to reach USD 3.39 billion by 2019, expanding at a CAGR of 7.6% during the forecast period from 2013 to 2019. In terms of volume, the global polyoxymethylene market stood at 959.1 kilo tons in 2012.

View Full Report:
http://www.transparencymarketresearch.com/polyoxymethylene-market.html

Polyoxymethylene is an engineering thermoplastic that is used in various applications in automobile, electronic and consumer goods industries. Characteristics of polyoxymethylene make it applicable for usage in various end-user applications such as manufacture of electronic appliances, electrical parts, children’s toys and disposable applicators among others.

Request to view Sample Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1765

Increasing demand for lightweight materials from the automotive industry is expected to be a key driver for the polyoxymethylene market in the near future. Additionally, rising demand for electrical products and consumer goods in BRIC nations is projected to boost demand for polyoxymethylene during the forecast period from 2013 to 2019. Use of lightweight materials in vehicles leads to low fuel consumption, thereby creating high demand for polyoxymethylene in the market. This has also resulted in reducing the CO2 emission in the atmosphere. However, competition from bio-based materials with potential to replace polyoxymethylene in a few applications is estimated to hamper growth of POM in future.

Request to download and view full ToC -
http://www.transparencymarketresearch.com/report-toc/1765

Automotive and electrical & electronic segments are the major applications of polyoxymethylene. Automotives constituted 32.4% of the global market share in 2012, followed by electrical and electronic application segment. The consumer application market in RoW is likely to experience significant growth and is estimated to grow at a CAGR of 5.5% from 2013 to 2019. It is expected to be the fastest growing region during the forecast period. The others segment that includes medical devices is also anticipated to add to the global demand for polyoxymethylene in the near future.

With major market share for polyoxymethylene, Asia Pacific is expected to be the second-fastest growing market with an estimated CAGR of 5.3%, by volume, from 2013 to 2019. RoW including Latin America, the Middle East and Africa is anticipated to experience substantial growth due to increasing demand for consumer and automotive products along with improvement in the economy. North America accounted for 19.8% of the total POM market share in 2012. The region is likely to experience sluggish growth in POM demand, as market for electrical product such as switchboards is decreasing due to decline in the construction industry of the region. Europe is expected to expand at a CAGR of 4.5% from 2013 to 2019. It is anticipated to experience sluggish growth compared to other fastest growing regions such as RoW due to the slow recovery of the economy after recession and high demand from Asia.

The polyoxymethylene market is highly concentrated, with the top six players accounting for more than 58% of the total global market in 2012. Key manufacturers of polyoxymethylene include BASF SE, E.I. DuPont de Nemours and Company, Polyplastics, Formosa Plastics Corporation, Celanese Corporation, Asahi Kasei Chemicals Corporation and A. Schulman.

Global Polyoxymethylene (POM) Market Report is available at US$ 5795 -
http://www.transparencymarketresearch.com/checkout.php?rep_id=1765<ype=S

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industry Analysis, Size, Share, Growth 2020 | Polyoxymethylene (POM) Market here

News-ID: 730636 • Views:

More Releases from Transparency Market Research Reports

High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon

All 5 Releases


More Releases for Polyoxymethylene

2022 POM (Polyoxymethylene) Market | Detailed Report
ReportsnReports publishes the report titled POM (Polyoxymethylene) that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors like cost,
Polyoxymethylene Market | Share, Growth, Analysis & Forecast 2022
Polyoxymethylene (also known as POM) is a high performance engineering plastic that is derived from formaldehyde. It finds its applications in various end user industries such as electrical and electronics, automotive industry, consumer goods and electronics, and others. Polyoxymethylene is a preferred material in the category of high performance engineering plastics due to its various desirable properties such as excellent dimensional stability, impact resistance, fatigue resistance, and high strength. Polyoxymethylene
Polyoxymethylene Market to get significant proceeds by 2024
Global polyoxymethylene market share has been increasing on the cusp of quickly growing automobile and moving industry. Owing to its outstanding dimensional security, low friction rate, excellent rigidity, a high grade of yield strength and stiffness, polyoxymethylene is being widely appropriated in producing exceptional lightweight materials for automobiles. As the industrial landscape continues to evolve, the use of plastics in place of traditional metallic components, particularly in the automotive sector is
Medical Polyoxymethylene Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Medical Polyoxymethylene Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Medical Polyoxymethylene players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Medical Polyoxymethylene with respect to individual growth
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:
Global Polyoxymethylene (POM) Market Research Report 2017
This report studies Polyoxymethylene (POM) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering 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 To Get Sample Copy of Report visit @ http://www.qyresearchreports.com/sample/sample.php?rep_id=962523&type=E Market Segment