Polyoxymethylene Market – Forecast (2022-2027)

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Polyoxymethylene Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• The Polyoxymethylene Market size is estimated to
  reach US4.3 billion by 2027, after growing at a
  CAGR of 4.7 during the forecast period
  2022-2027.
• Polyoxymethylene (POM), also known as acetal is
  an engineering thermoplastic that is available in
  two forms including copolymer and homopolymer,
  offering superior properties such as low
  friction, dimensional stability and high
  stiffness.
• The POM is blended with glass fiber,
  polycarbonates and others for increased strength
  and performance for applicability in gears, toys,
  sports equipment and others.

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• Key Takeaways
• The Asia-Pacific dominates the Polyoxymethylene
  Market, owing to growth factors such as the
  growing electrical electronics sector, rapid
  automotive production and urbanization, thereby
  boosting growth in this region.
• The flourishing electrical electronics industry
  across the world is propelling the demand for
  polyoxymethylene for various applications in
  fans, insulators, computers, circuits and others,
  thereby contributing to the growth in the
  Polyoxymethylene Market size.
• The demand for acetal copolymer is significantly
  growing owing to superior features such as high
  tensile modulus.

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Polyoxymethylene Market Segment Analysis By
Geography The Asia-Pacific held the largest
Polyoxymethylene Market share in 2021 up to 43.
The lucrative growth for polyoxymethylene in this
region is influenced by the established base for
major end-use industries, including electrical
electronics and automotive, along with
urbanization. The electrical electronics
industry is significantly growing in APAC owing
to growth factors such as robust consumer
electronics manufacturing, rising demand for
laptops, smartphones and others during
work-from-home culture and rising income levels.
For instance, according to the Japan Electronics
and Information Technology Industries Association
(JEITA), the production of consumer electronic
equipment in Japan increased from US215 million
in January 2022 to US230 million in March 2022
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• Polyoxymethylene Industry Outlook
• BASF SE
• Asahi Kasei Corporation
• ChemChina
• SABIC
• KOLON Plastics
• Westlake Plastics Company
• PolyOne Corporation
• Polyplastics Co. Ltd.
• Mitsubishi Chemical Corporation
• DowDuPont

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Polyoxymethylene Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Polyoxymethy
lene-Market-Research-500385
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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