Polyoxymethylene Market Emergence of advanced technologies and analysis 2019
View Full Report:
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:
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 -
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 -
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.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Polyoxymethylene Market Emergence of advanced technologies and analysis 2019 here
News-ID: 754886 • Views: 112
More Releases from Transparecny Market Research
Papain Market Estimated to Expand at a Robust CAGR by 2027
Global Papain Market: Overview Papain is a natural cysteine proteolytic enzyme present in mountain papaya (Vasconcellea cundinamarcensis) and papaya (Carica papaya). It is native to Latin America and is also called as papaya proteinase I. It is used to tenderize meat eaten as it breaks down tough meat fibers. Papain is an active component in powder form for meat tenderizers and has a huge demand in the global market. Papain also
Hydroxypropyl Methylcellulose (HPMC) Capsules Market Set for Rapid Growth and Tr …
Hydroxypropyl methylcellulose (HPMC), also known as hypromellose, is produced through the synthetic alteration of the natural polymer cellulose and is considered safe for human consumption. HPMC is rapidly being used as an alternative to hard shell gelatin capsules, since these natural capsules are manufactured using plant extracts. They meet the dietary and cultural needs of vegetarians by offering excellent alternatives to gelatin capsules. Report Overview: https://www.transparencymarketresearch.com/hydroxypropyl-methylcellulose-capsules-market.html The HPMC material is present
Understanding Impact of COVID-19 on Hydraulic Fluids Market
Hydraulic oils, hydraulic liquids, or hydraulic fluids is a major part of hydraulic systems, through which power is conveyed in hydraulic equipment. Hydraulic liquids are primarily used in conveying kinetic and potential energy in a hydraulic system. Hydraulic liquids generally provide a flow of volume in hydrostatic motors and pumps. Hydraulic fluids also help in decreasing the wear and tear of parts involved in friction in the piston assembly. Hydraulic
Lead Market Foreseen to Grow Exponentially by 2025
Lead is a heavy metal and has several useful mechanical properties including high density, low melting point, ductility, and relative inertness. Lead is a chemical element with the atomic number 82. It has the highest atomic number of any stable element. Lead is soft and malleable, and has a relatively low melting point. When freshly cut, lead is bluish-white; it tarnishes to a dull gray color when exposed to air.
More Releases for Polyoxymethylene
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:
Polyoxymethylene Market Key Segments, Players and Factors to 2024
According to the global Polyoxymethylene (POM) Market report published by Value Market Research, the market is expected to touch USD 4,780.5 Million by 2024, with a CAGR of 7.5% growing from USD 2,920.6 Million in 2017. This is a tailored made research report providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that
Polyoxymethylene Market Report by Application & Regional Analysis 2017-2024
Polyoxymethylene Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2018-2024 based on the historical data. This research report delivers recent developments of major manufacturers with their respective market share. In addition, it also delivers detailed analysis of regional and country market. According to the global Polyoxymethylene (POM) Market report published by Value
Polyoxymethylene Market Perspective by Comprehensive Analysis, Growth Prediction …
Polyoxymethylene market will be majorly driven by drifting preference from metal to plastic components usage in automobile industry. The product application in vehicle body manufacturing reduces the overall weight of the automobile as well as results in significant reduction in pollutant emissions. These positive product attributes will drive its demand in automobile industry in the coming years. Automobile market growth shall be a major revenue generator for the polyoxymethylene market
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
Polyoxymethylene (POM) Market - Global Industry Analysis 2019
The report is titled “Polyoxymethylene (POM) Market for Automotive, Electrical, Consumer and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” and is available on the company website for sale. The global polyoxymethylene market has been studied in great detail in a new market research report published by Transparency Market Research. The report states that the market will cash in on high demand from applications