The global Polyoxymethylene(POM) market was valued at 3824.99 Million USD in 2021 and will grow with a CAGR of 1.68% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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 2021 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.

By Market Verdors:

Polyplastics Co.,Ltd

Mitsubishi Engineering-Plastics Corporation

Celanese

DowDuPont

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

By Types:

Homo-polyoxymethylene

Co-polyoxymethylene

By Applications:

Automotive Industry

Consumer

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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