Global Polyoxymethylene
Market Report
2025
The global polyoxymethylene market will be USD 3.7 billion in 2024. It will show the strongest growth, with a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. This growth is driven by the rising demand for POM in automotive components.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global polyoxymethylene market size will be USD 3.7 billion in 2024 and will progress at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Polyoxymethylene Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 5.86% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End-use Industry |
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Market Split by Grade |
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Market Split by Processing Technique |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Polyoxymethylene Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Polyoxymethylene (POM), commonly known as acetal or polyacetal, is a high-performance engineering thermoplastic used widely in various industries for its exceptional strength, stiffness, and chemical resistance. It is characterized by its low friction coefficient, making it ideal for applications requiring precise parts and moving components. POM's versatility extends to the automotive, consumer goods, electrical, and healthcare sectors, where its properties contribute to durable and reliable products such as gears, bearings, and medical devices. The market for POM continues to grow due to increasing demand for automotive interior components, electronic gadgets, and industrial machinery, the latter of which has excellent dimensional stability and resilience to moisture and chemicals, providing significant advantages. As manufacturers seek materials that can withstand demanding environments while maintaining high performance, POM remains preferred, driving its steady global market expansion.
The Polyoxymethylene Market Industry is stimulated by the increasing trend of the usage of high-density plastic material, used in the automotive sector. Automotive is the key driver of the Polyoxymethylene Market Industry. Automotive companies are concentrating on making more fuel-efficient vehicles with fewer emissions, and hence it's the reason why they are enhancing the use of Polyoxymethylene. Polyoxymethylene is a plastic material that is tough, lightweight, and heat-resistant. Because of this, most of the automobile products of automobile are produced using POM in automobile, like interior and exterior of automobiles, car parts located under the hood of the car and the structure of cars. Electric cars, being heavy, receive great benefits from lightweight materials to achieve maximum range and efficiency.
For Instance, For Instance, as per the International Energy Agency (IEA), In the first quarter of 2024, electric vehicle sales increased by approximately 25% over the first quarter of 2023, as in the year-on-year increase in the same quarter in 2022.
(Source:https://www.iea.org/reports/global-ev-outlook-2024/executive-summary )
The Polyoxymethylene Market Industry growth will also be fueled by the Automotive industry's need for light weight material that is strong and durable for their use.
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In June 2023, The Polyplastics Group announced the commercial availability of its DURACON POM PM Series for medical applications. The company supplied materials to global regions, including Asia (China and India), Europe, and the US. Having served the medical field with its TOPAS COC, Polyplastics added the PM Series to its medical-grade offerings and planned to expand further. (Source: https://www.medicalplasticsnews.com/news/latest-medical-plastics-news/polyplastics-announces-commercial-availability-of-duracon-po/)
Top Companies Market Share in Polyoxymethylene Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America controlled the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the polyoxymethylene market due to its robust automotive and electronics industries, where POM's properties of high strength, dimensional stability, and chemical resistance are highly valued.
Asia-Pacific stands out as the fastest-growing region in the polyoxymethylene market due to rapid industrialization, urbanization, and increasing investments in the automotive, electronics, and consumer goods sectors. The region's expanding manufacturing base, coupled with rising demand for durable and lightweight materials, particularly in countries like China and India, drives significant growth in the adoption of Polyoxymethylene for various applications.
The current report Scope analyzes Polyoxymethylene Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Polyoxymethylene Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Polyoxymethylene Industry growth. Polyoxymethylene market has been segmented with the help of its Type, End-use Industry Grade, and others. Polyoxymethylene market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, homopolymers dominate the major market share in the polyoxymethylene (POM) market due to their superior mechanical properties, including high rigidity, excellent dimensional stability, and resistance to creep and fatigue. These characteristics make homopolymers ideal for applications requiring precision engineering and durability, such as in automotive components, consumer goods, and industrial machinery. Their uniform molecular structure ensures consistent performance and reliability, which are crucial factors driving their widespread adoption across diverse industries globally, sustaining their prominence in the POM market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Polyoxymethylene Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Polyoxymethylene Market.
Some of the key End-use Industry of Polyoxymethylene are:
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Polyoxymethylene Market is witnessing significant growth in the near future.
In 2023, the Homopolymer segment accounted for noticeable share of global Polyoxymethylene Market and is projected to experience significant growth in the near future.
The Transportation segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Celanese Corporation (US) , Ltd. (South Korea) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Type | Homopolymer, Copolymer |
End-use Industry | Transportation, Consumer, Industrial, Electrical & Electronics, Other End-use Industries |
Grade | Low Friction, Low VOC, Conductive, Antistatic, Other Grades |
Processing Technique | Injection Molding, Extrusion, Compression Molding, Other Processing Techniques |
List of Competitors | Celanese Corporation (US), Korea Engineering Plastics Co., Ltd. (South Korea), Daicel Corporation (Japan), BASF Group (Germany), Asahi Kasei Corporation (Japan), LG Chem (South Korea), SABIC (Saudi Arabia), Mitsubishi Gas Chemical Company, Inc. (Japan), LyondellBasell Industries Holdings B.V. (US), DuPont de Nemours Inc. (US), China BlueChemical Ltd. (China), KOLON ENP (South Korea), Henan Energy Group Co., Ltd. (China) |
This chapter will help you gain GLOBAL Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review Global Polyoxymethylene Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review North America Polyoxymethylene Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review Europe Polyoxymethylene Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review Asia Pacific Polyoxymethylene Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review South America Polyoxymethylene Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review Middle East Polyoxymethylene Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Polyoxymethylene. Further deep in this chapter, you will be able to review Middle East Polyoxymethylene Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Polyoxymethylene. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by End-use Industry Analysis 2021 - 2033
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Chapter 12 Market Split by Grade Analysis 2021 - 2033
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Chapter 13 Market Split by Processing Technique Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Polyoxymethylene market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Homopolymer have a significant impact on Polyoxymethylene market? |
What are the key factors affecting the Homopolymer and Copolymer of Polyoxymethylene Market? |
What is the CAGR/Growth Rate of Transportation during the forecast period? |
By type, which segment accounted for largest share of the global Polyoxymethylene Market? |
Which region is expected to dominate the global Polyoxymethylene Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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