The global Polyoxymethylene (POM) plastic market was valued at US$ 3.8 billion in 2024 and is projected to reach US$ 5.9 billion by 2032, growing at a CAGR of 5.6% during the forecast period. The market growth is driven by the rising demand for lightweight and durable materials in the automotive, consumer electronics, and healthcare industries. The increasing shift toward high-performance polymers due to their superior properties further fuels the market expansion.
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