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Polyoxymethylene Market Share

  • Report ID: GMI1202
  • Published Date: Apr 2022
  • Report Format: PDF
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Polyoxymethylene Market Share

There is a significant rise in competition as players around the world increase their production capacity to gain competition. There was a significant capacity addition in Asia by players such as

  • BASF
  • Asahi Kasei
  • Kolon Plastics

The market is expected to remain moderately consolidated during the forecast period. The major players engaged in the polyoxymethylene industry are Celanese (Ticona), Dupont, Mitsubishi Gas Chemical/Mitsubishi Engineering Plastics, Polyplastics, Asahi Kasei Chemicals, Korea Engineering Plastics, Kolon Plastics, Thai Polyacetal, etc.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Polyoxymethylene market is slated to surpass USD 7.90 billion by 2028 and is expected to expand at a CAGR of 5.5% from 2022 to 2028 driven by the surging use of POM in the electrical & electronics industry.

The market demand from consumer goods application is anticipated to cross 380 kilo tons until 2028 owing to the rising product usage in the manufacturing of springs, gears, toys, and hand tools.

Asia Pacific is set to account for nearly 70% of the total polyoxymethylene industry value up to 2028 considering the robust automotive production in the region.

Leading players across the polyoxymethylene industry comprise Thai Polyacetal, Asahi Kasei Chemicals, Kolon Plastics, Korea Engineering Plastics, Celanese, and others.

Polyoxymethylene Market Scope

  • Polyoxymethylene Market Size
  • Polyoxymethylene Market Analysis
  • Polyoxymethylene Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 16
    • Tables & Figures: 309
    • Countries covered: 20
    • Pages: 300
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