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Polyoxymethylene (POM) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Polyoxymethylene (POM) Market is segmented by End User Industry (Aerospace, Automotive, Electrical and Electronics, Industrial and Machinery) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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Polyoxymethylene (POM) Market Size

Polyoxymethylene (POM) Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 4.35 Billion
svg icon Market Size (2029) USD 5.87 Billion
svg icon Largest Share by End User Industry Automotive
svg icon CAGR (2024 - 2029) 6.17 %
svg icon Largest Share by Region Asia-Pacific
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of Polyoxymethylene (POM) Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Polyoxymethylene (POM) Market Analysis

The Polyoxymethylene (POM) Market size is estimated at 4.35 billion USD in 2024, and is expected to reach 5.87 billion USD by 2029, growing at a CAGR of 6.17% during the forecast period (2024-2029).

4.35 Billion

Market Size in 2024 (USD)

5.87 Billion

Market Size in 2029 (USD)

4.16 %

CAGR (2017-2023)

6.17 %

CAGR (2024-2029)

Largest Market by End-user Industry

31.69 %

value share, Automotive, 2023

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The automotive segment held the largest market share due to its wide-ranging applications of POM, including valves, fuel pumps, flanges, etc.

Fastest Growing Market by End-user Industry

7.14 %

Projected CAGR, Automotive, 2024-2029

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Automotive industry is expected to be the fastest-growing end-user industry for POM resin owing to its properties such as dimensional stability, fatigue strength, and slide friction among others.

Largest Market by Region

66.25 %

value share, Asia-Pacific, 2023

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Asia-Pacific holds the largest market share owing to its 74.06% share in global electronics production by value, led by countries such as China, India, Japan, and South Korea.

Fastest Growing Market by Region

8.26 %

Projected CAGR, Africa, 2024-2029

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Africa is forecast to be the fastest-growing regional segment over the forecast period, in line with its growing demand for electronics production.

Leading Market Player

15.41 %

market share, Daicel Corporation, 2022

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In 2022, the company held the largest market share globally and accounted for the highest production capacity of POM resin, amounting to around 268 kilotons per year.

Increasing demand for consumer electronics to aid market growth for POM

  • POM resins are used in modern fuel systems, interior appearance, pumping, conveying, and other applications. Polyacetal resins had a revenue share of 3.56% of the global engineering plastics market in 2022.
  • Automotive is the largest consumer of POM resins. Automotive production increased by over 5% from 2021 to 2022 by volume. With the increasing demand for private mobility, automotive manufacturing, especially the production of two-wheelers and cars, is on the rise. This trend has increased in almost all global regions, particularly in Asia-Pacific. For instance, vehicle production in Asia-Pacific held a volume share of 72.44% in 2022.
  • The electrical and electronics industry is the second-largest consumer of POM resins. The industry had a production revenue of USD 5807 billion in 2022, increasing by 1.16% from 2021. Global consumer electronics revenue is projected to grow to USD 1103 billion in 2023, which may drive the demand for polyacetal resin.
  • Industrial machinery is the third-largest consumer of POM resin, accounting for a revenue share of 16.93% in 2022 due to an increase in industrial machinery manufacturing at a global scale. For instance, in 2021, the global production value of machine tools was USD 83.9 billion, a 24% increase over the previous year.
  • The aerospace industry is the fastest-growing consumer of POM resins. It is expected to record a CAGR of 6.81% by revenue between 2023 and 2029.
Global Polyoxymethylene (POM) Market

Growing electronics industry in Asia-Pacific to aid market growth

  • Polyoxymethylene is widely used in the production of precision parts for applications requiring good dimensional stability and sliding properties. The global POM market held a revenue share of 3.55% of the overall engineering plastics market in 2022.
  • In 2022, Asia-Pacific was the largest region, with a 66.06% value share. It witnessed a growth of 10.83% by value in the same year compared to 2021, attributed to the electrical and electronics and automotive industries, which held 39.15% and 28.83% of the market share, respectively, by value in 2022. With an increase in the demand for gaming consoles and electronic devices, the demand for POM is likely to increase in the region.
  • Europe was the second-largest consumer of POM resins globally in 2022. The region held a revenue share of 17.4% of the POM market in the same year due to the increasing production of vehicles and electronics in the region. For example, the region's vehicle production held a share of 12.28% of global production in 2022. With the growing demand for vehicles, production is likely to increase, thus increasing the demand for POM resins.
  • The Middle East is also one of the growing consumers led by the automotive industry. The rapid growth in the region can be accounted for by the attempts of major countries, like Saudi Arabia, at economic diversification. Saudi Arabia is currently aiming to reduce its import dependence and develop the domestic automotive industry by 2030. As a result, the demand for POM resins from the automotive industry is expected to grow significantly during the forecast period.

Global Polyoxymethylene (POM) Market Trends

Technological advancements in electronics industry may foster the growth

  • The rapid pace of technological innovation in electronic products is driving the consistent demand for new and fast electrical and electronic products. In 2022, the global revenue of electrical and electronics stood at USD 5,807 billion, with Asia-Pacific holding a 74% market share, followed by Europe with a 13% share. The global electrical and electronics market is expected to record a CAGR of 6.61% during the forecast period.
  • In 2018, the Asia-Pacific region witnessed strong economic growth owing to rapid industrialization in China, South Korea, Japan, India, and ASEAN countries. In 2020, due to the pandemic, there was a slowdown in global electrical and electronics production due to the shortage of chips and inefficiencies in the supply chain, which led to a stagnant growth rate of 0.1% in revenue compared to the previous year. This growth was driven by the demand for consumer electronics for remote working and home entertainment as people were forced to remain indoors during the pandemic.
  • The demand for advanced technologies, such as digitalization, robotics, virtual reality, augmented reality, IoT (Internet of Things), and 5G connectivity, is expected to grow during the forecast period. Global electrical and electronics production is expected to register a growth rate of 5.9% in 2027.鈥� As a result of technological advancements, the demand for consumer electronics is expected to rise during the forecast period. For instance, the global consumer electronics industry is projected to witness a revenue reach of around USD 904.6 billion in 2027, compared to USD 719.1 billion in 2023. As a result, technological development is projected to lead the demand for electrical and electronic products during the forecast period.
Global Polyoxymethylene (POM) Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Fast-paced growth of aviation industry and increased aircraft contracts may aid market growth
  • Fast-paced urbanization and investments in Asia-Pacific region may boost the industry
  • China, Belgium, and Germany are the top importers of POM resin
  • POM sheets and rods to dominate market share
  • Growing demand for electric vehicles may boost automobile industry growth
  • Demand for flexible packaging from the food and beverage industry boosting market growth
  • Volatile crude oil prices and geopolitical factors may highly influence prices of POM resins

Polyoxymethylene (POM) Industry Overview

The Polyoxymethylene (POM) Market is moderately consolidated, with the top five companies occupying 54.80%. The major players in this market are Celanese Corporation, Daicel Corporation, DuPont, Korea Engineering Plastics Co., Ltd. and Mitsubishi Chemical Corporation (sorted alphabetically).

Polyoxymethylene (POM) Market Leaders

  1. Celanese Corporation

  2. Daicel Corporation

  3. DuPont

  4. Korea Engineering Plastics Co., Ltd.

  5. Mitsubishi Chemical Corporation

Polyoxymethylene (POM) Market Concentration

Other important companies include China BlueChemical Ltd., Henan Energy Group Co., Ltd., Kolon BASF innoPOM, Inc., SABIC, Yuntianhua Group Co., Ltd..

*Disclaimer: Major Players sorted in alphabetical order.

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Polyoxymethylene (POM) Market News

  • May 2022: MGC expanded its production facility for POM resin in China by acquiring a 30% equity stake in P Holdings Inc. through its Global Polyacetal Co. Ltd subsidiary.
  • March 2022: Celanese Corporation announced the completion of the restructuring of Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese and 50% by Mitsubishi Gas Chemical Company Inc. With the completion, Celanese had access to approximately 70KTA of POM production in Asia and corresponding global marketing rights.
  • February 2022: DuPont announced definitive agreements with Celanese Corporation to divest a majority of its Mobility & Materials segment, excluding certain Advanced Solutions and Performance Resins businesses.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

Global Polyoxymethylene (POM) Market
Global Polyoxymethylene (POM) Market
Global Polyoxymethylene (POM) Market
Global Polyoxymethylene (POM) Market

Polyoxymethylene (POM) Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study鈥�

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

      1. 2.2.1. Polyoxymethylene (POM) Trade

    3. 2.3. Price Trends

    4. 2.4. Form Trends

    5. 2.5. Regulatory Framework

      1. 2.5.1. Argentina

      2. 2.5.2. Australia

      3. 2.5.3. Brazil

      4. 2.5.4. Canada

      5. 2.5.5. China

      6. 2.5.6. EU

      7. 2.5.7. India

      8. 2.5.8. Japan

      9. 2.5.9. Malaysia

      10. 2.5.10. Mexico

      11. 2.5.11. Nigeria

      12. 2.5.12. Russia

      13. 2.5.13. Saudi Arabia

      14. 2.5.14. South Africa

      15. 2.5.15. South Korea

      16. 2.5.16. United Arab Emirates

      17. 2.5.17. United Kingdom

      18. 2.5.18. United States

    6. 2.6. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Electrical and Electronics

      4. 3.1.4. Industrial and Machinery

      5. 3.1.5. Other End-user Industries

    2. 3.2. Region

      1. 3.2.1. Africa

        1. 3.2.1.1. By Country

          1. 3.2.1.1.1. Nigeria

          2. 3.2.1.1.2. South Africa

          3. 3.2.1.1.3. Rest of Africa

      2. 3.2.2. Asia-Pacific

        1. 3.2.2.1. By Country

          1. 3.2.2.1.1. Australia

          2. 3.2.2.1.2. China

          3. 3.2.2.1.3. India

          4. 3.2.2.1.4. Japan

          5. 3.2.2.1.5. Malaysia

          6. 3.2.2.1.6. South Korea

          7. 3.2.2.1.7. Rest of Asia-Pacific

      3. 3.2.3. Europe

        1. 3.2.3.1. By Country

          1. 3.2.3.1.1. France

          2. 3.2.3.1.2. Germany

          3. 3.2.3.1.3. Italy

          4. 3.2.3.1.4. Russia

          5. 3.2.3.1.5. United Kingdom

          6. 3.2.3.1.6. Rest of Europe

      4. 3.2.4. Middle East

        1. 3.2.4.1. By Country

          1. 3.2.4.1.1. Saudi Arabia

          2. 3.2.4.1.2. United Arab Emirates

          3. 3.2.4.1.3. Rest of Middle East

      5. 3.2.5. North America

        1. 3.2.5.1. By Country

          1. 3.2.5.1.1. Canada

          2. 3.2.5.1.2. Mexico

          3. 3.2.5.1.3. United States

      6. 3.2.6. South America

        1. 3.2.6.1. By Country

          1. 3.2.6.1.1. Argentina

          2. 3.2.6.1.2. Brazil

          3. 3.2.6.1.3. Rest of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Celanese Corporation

      2. 4.4.2. China BlueChemical Ltd.

      3. 4.4.3. Daicel Corporation

      4. 4.4.4. DuPont

      5. 4.4.5. Henan Energy Group Co., Ltd.

      6. 4.4.6. Kolon BASF innoPOM, Inc.

      7. 4.4.7. Korea Engineering Plastics Co., Ltd.

      8. 4.4.8. Mitsubishi Chemical Corporation

      9. 4.4.9. SABIC

      10. 4.4.10. Yuntianhua Group Co., Ltd.

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter鈥檚 Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, GLOBAL, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GLOBAL, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GLOBAL, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, GLOBAL, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, GLOBAL, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, GLOBAL, 2017 - 2021
  1. Figure 8:  
  2. GLOBAL POLYOXYMETHYLENE (POM) MARKET, PRICE TRENDS, BY COUNTRY, USD PER KG, 2017-2021
  1. Figure 9:  
  2. REVENUE OF POLYOXYMETHYLENE (POM) BY FORM TYPE, USD, GLOBAL, 2017, 2023, AND 2029
  1. Figure 10:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, GLOBAL, 2017 - 2029
  1. Figure 11:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, GLOBAL, 2017 - 2029
  1. Figure 12:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 13:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 14:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 16:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED IN AEROSPACE INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 17:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED IN AEROSPACE INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 18:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED IN AEROSPACE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 19:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 20:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 21:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED IN AUTOMOTIVE INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 22:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 23:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 24:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 25:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 26:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 28:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, GLOBAL, 2017 - 2029
  1. Figure 29:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GLOBAL, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY REGION, %, GLOBAL, 2022 VS 2029
  1. Figure 31:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY REGION, TONS, GLOBAL, 2017 - 2029
  1. Figure 32:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY REGION, USD, GLOBAL, 2017 - 2029
  1. Figure 33:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 34:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY REGION, %, GLOBAL, 2017, 2023, AND 2029
  1. Figure 35:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, AFRICA, 2017 - 2029
  1. Figure 36:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, AFRICA, 2017 - 2029
  1. Figure 37:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
  1. Figure 38:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, AFRICA, 2017, 2023, AND 2029
  1. Figure 39:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, NIGERIA, 2017 - 2029
  1. Figure 40:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, NIGERIA, 2017 - 2029
  1. Figure 41:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, NIGERIA, 2022 VS 2029
  1. Figure 42:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, SOUTH AFRICA, 2017 - 2029
  1. Figure 43:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, SOUTH AFRICA, 2017 - 2029
  1. Figure 44:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, SOUTH AFRICA, 2022 VS 2029
  1. Figure 45:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, REST OF AFRICA, 2017 - 2029
  1. Figure 46:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, REST OF AFRICA, 2017 - 2029
  1. Figure 47:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, REST OF AFRICA, 2022 VS 2029
  1. Figure 48:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
  1. Figure 49:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
  1. Figure 50:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
  1. Figure 51:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
  1. Figure 52:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, AUSTRALIA, 2017 - 2029
  1. Figure 53:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, AUSTRALIA, 2017 - 2029
  1. Figure 54:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
  1. Figure 55:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, CHINA, 2017 - 2029
  1. Figure 56:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, CHINA, 2017 - 2029
  1. Figure 57:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
  1. Figure 58:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, INDIA, 2017 - 2029
  1. Figure 59:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, INDIA, 2017 - 2029
  1. Figure 60:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
  1. Figure 61:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, JAPAN, 2017 - 2029
  1. Figure 62:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, JAPAN, 2017 - 2029
  1. Figure 63:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
  1. Figure 64:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, MALAYSIA, 2017 - 2029
  1. Figure 65:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, MALAYSIA, 2017 - 2029
  1. Figure 66:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
  1. Figure 67:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
  1. Figure 68:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, SOUTH KOREA, 2017 - 2029
  1. Figure 69:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
  1. Figure 70:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
  1. Figure 71:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
  1. Figure 72:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
  1. Figure 73:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, EUROPE, 2017 - 2029
  1. Figure 74:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, EUROPE, 2017 - 2029
  1. Figure 75:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 76:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, EUROPE, 2017, 2023, AND 2029
  1. Figure 77:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, FRANCE, 2017 - 2029
  1. Figure 78:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, FRANCE, 2017 - 2029
  1. Figure 79:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, FRANCE, 2022 VS 2029
  1. Figure 80:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 81:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 82:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 83:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, ITALY, 2017 - 2029
  1. Figure 84:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, ITALY, 2017 - 2029
  1. Figure 85:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, ITALY, 2022 VS 2029
  1. Figure 86:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, RUSSIA, 2017 - 2029
  1. Figure 87:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, RUSSIA, 2017 - 2029
  1. Figure 88:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, RUSSIA, 2022 VS 2029
  1. Figure 89:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, UNITED KINGDOM, 2017 - 2029
  1. Figure 90:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, UNITED KINGDOM, 2017 - 2029
  1. Figure 91:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, UNITED KINGDOM, 2022 VS 2029
  1. Figure 92:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, REST OF EUROPE, 2017 - 2029
  1. Figure 93:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, REST OF EUROPE, 2017 - 2029
  1. Figure 94:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, REST OF EUROPE, 2022 VS 2029
  1. Figure 95:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
  1. Figure 96:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
  1. Figure 97:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 98:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
  1. Figure 99:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
  1. Figure 100:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
  1. Figure 101:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
  1. Figure 102:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 103:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
  1. Figure 104:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
  1. Figure 105:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 106:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
  1. Figure 107:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
  1. Figure 108:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, NORTH AMERICA, 2017 - 2029
  1. Figure 109:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, NORTH AMERICA, 2017 - 2029
  1. Figure 110:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 111:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, NORTH AMERICA, 2017, 2023, AND 2029
  1. Figure 112:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, CANADA, 2017 - 2029
  1. Figure 113:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, CANADA, 2017 - 2029
  1. Figure 114:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, CANADA, 2022 VS 2029
  1. Figure 115:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, MEXICO, 2017 - 2029
  1. Figure 116:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, MEXICO, 2017 - 2029
  1. Figure 117:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, MEXICO, 2022 VS 2029
  1. Figure 118:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 119:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 120:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 121:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, TONS, SOUTH AMERICA, 2017 - 2029
  1. Figure 122:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2029
  1. Figure 123:  
  2. VOLUME SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
  1. Figure 124:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY COUNTRY, %, SOUTH AMERICA, 2017, 2023, AND 2029
  1. Figure 125:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, ARGENTINA, 2017 - 2029
  1. Figure 126:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, ARGENTINA, 2017 - 2029
  1. Figure 127:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, ARGENTINA, 2022 VS 2029
  1. Figure 128:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, BRAZIL, 2017 - 2029
  1. Figure 129:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, BRAZIL, 2017 - 2029
  1. Figure 130:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, BRAZIL, 2022 VS 2029
  1. Figure 131:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, REST OF SOUTH AMERICA, 2017 - 2029
  1. Figure 132:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, REST OF SOUTH AMERICA, 2017 - 2029
  1. Figure 133:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, REST OF SOUTH AMERICA, 2022 VS 2029
  1. Figure 134:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GLOBAL, 2019 - 2021
  1. Figure 135:  
  2. MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2019 - 2021
  1. Figure 136:  
  2. PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, GLOBAL, 2022

Polyoxymethylene (POM) Industry Segmentation

Aerospace, Automotive, Electrical and Electronics, Industrial and Machinery are covered as segments by End User Industry. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.

  • POM resins are used in modern fuel systems, interior appearance, pumping, conveying, and other applications. Polyacetal resins had a revenue share of 3.56% of the global engineering plastics market in 2022.
  • Automotive is the largest consumer of POM resins. Automotive production increased by over 5% from 2021 to 2022 by volume. With the increasing demand for private mobility, automotive manufacturing, especially the production of two-wheelers and cars, is on the rise. This trend has increased in almost all global regions, particularly in Asia-Pacific. For instance, vehicle production in Asia-Pacific held a volume share of 72.44% in 2022.
  • The electrical and electronics industry is the second-largest consumer of POM resins. The industry had a production revenue of USD 5807 billion in 2022, increasing by 1.16% from 2021. Global consumer electronics revenue is projected to grow to USD 1103 billion in 2023, which may drive the demand for polyacetal resin.
  • Industrial machinery is the third-largest consumer of POM resin, accounting for a revenue share of 16.93% in 2022 due to an increase in industrial machinery manufacturing at a global scale. For instance, in 2021, the global production value of machine tools was USD 83.9 billion, a 24% increase over the previous year.
  • The aerospace industry is the fastest-growing consumer of POM resins. It is expected to record a CAGR of 6.81% by revenue between 2023 and 2029.
End User Industry
Aerospace
Automotive
Electrical and Electronics
Industrial and Machinery
Other End-user Industries
Region
Africa
By Country
Nigeria
South Africa
Rest of Africa
Asia-Pacific
By Country
Australia
China
India
Japan
Malaysia
South Korea
Rest of Asia-Pacific
Europe
By Country
France
Germany
Italy
Russia
United Kingdom
Rest of Europe
Middle East
By Country
Saudi Arabia
United Arab Emirates
Rest of Middle East
North America
By Country
Canada
Mexico
United States
South America
By Country
Argentina
Brazil
Rest of South America
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Market Definition

  • End-user Industry - Automotive, Aerospace, Industrial Machinery, Electrical & Electronics, and Others are the end-user industries considered under the polyoxymethylene market.
  • Resin - Under the scope of the study, virgin polyoxymethylene resin in primary forms such as powder, pellet, etc. are considered.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Polyoxymethylene (POM) Market Research FAQs

The Global Polyoxymethylene (POM) Market size is expected to reach USD 4.35 billion in 2024 and grow at a CAGR of 6.17% to reach USD 5.87 billion by 2029.

In 2024, the Global Polyoxymethylene (POM) Market size is expected to reach USD 4.35 billion.

Celanese Corporation, Daicel Corporation, DuPont, Korea Engineering Plastics Co., Ltd. and Mitsubishi Chemical Corporation are the major companies operating in the Global Polyoxymethylene (POM) Market.

In the Global Polyoxymethylene (POM) Market, the Automotive segment accounts for the largest share by end user industry.

In 2024, Asia-Pacific accounts for the largest share by region in the Global Polyoxymethylene (POM) Market.

In 2023, the Global Polyoxymethylene (POM) Market size was estimated at 4.35 billion. The report covers the Global Polyoxymethylene (POM) Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Polyoxymethylene (POM) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Polyoxymethylene Industry Report

Statistics for the 2023 Polyoxymethylene (POM) market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports.聽Polyoxymethylene (POM) analysis includes a market forecast outlook to 2029 and historical overview.聽Get a sample of this industry analysis as a free report PDF download.

Polyoxymethylene Market Report Snapshots

Polyoxymethylene (POM) Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

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