Polyoxymethylene(POM) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
23047 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : RI
Polyoxymethylene (POM) is an engineering thermoplastic that is used in various applications in automobile, electronic and consumer goods industries. Characteristics of Polyoxymethylene (POM) 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.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with polyoxymethylene(POM) industry in short supply on the market in the past few years, more and more companies enter into polyoxymethylene(POM) industry, the current demand for polyoxymethylene(POM) product is relatively low, lack of demand, excess supply.
In the future, the global consumption of polyoxymethylene(POM) will maintain a 4.6% growth rate ,consumption is expected in 2022 will be 947.3K MT. Therefores, polyoxymethylene(POM) overcapacity situation will not change much, the average operating rate will remain at 88% to 93%.
Carpet product demand market there is also a certain space, but basically showing the scarcity of environment-friendly products, low-end products, and excess capacity, there is a large market demand for environment-friendly products to seize market share of imports acts.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic polyoxymethylene(POM), Chinese domestic polyoxymethylene(POM) has been very mature and advanced, and the performance distance has been shortening compared with the imported polyoxymethylene(POM).
6. As large demand of environment-friendly products at home and abroad, many companies began to enter the field of environment-friendly. Currently, the Chinese polyoxymethylene(POM) industry is not only begin to transit to environment-friendly polyoxymethylene(POM) products, while still extend in the resource-rich land and downstream industry chain.
The Global Polyoxymethylene(POM) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Polyoxymethylene(POM) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Polyplastics Co.,Ltd
Mitsubishi Engineering-Plastics Corporation
Celanese
DuPont
YUNTIANHUA
BLUESTAR
HENAN ENERGY AND CHEMICAL INDUSTRY
Shenhua Ningxia Coal Industry Group Co., Ltd
CNOOC Tianye Chemical Co., Ltd.
BASF
Formosa Plastics Corporation
Asahi Kasei
KOLON
KEP
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Homo-polyoxymethylene
Co-polyoxymethylene In Market segmentation by applications :
Automotive Industry
Consumer
Others(Medical, Devices, Healthcare etc.)
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Polyoxymethylene(POM) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Polyoxymethylene(POM) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Polyoxymethylene(POM) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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