Global Polyoxymethylene (POM) Plastic market cagr 14.4%

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Polyoxymethylen e (POM)

Plastic Market

Polyoxymethylene (POM) Plastic Market Scope:

Industry Analysis, Market Size, Growth, Trends Till 2031

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Polyoxymethylene (POM) Plastic Market Size and Growth

The Polyoxymethylene (POM) plastic market exhibits robust growth driven by rising demand in automotive, electronics, and consumer goods sectors. Valued at approximately USD 2 billion in 2022, the market is projected to expand significantly, fueled by advancements in manufacturing technologies and increased adoption of high-performance plastic materials across various applications.

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Companies Covered

(Covid 19 Impact Covered)

◍ Polyplastics Co.,Ltd

◍ Shenhua Ningxia Coal Industry Group Co., Ltd

◍ DuPont

◍ Mitsubishi Engineering-Plastics Corporation

◍ HENAN ENERGY AND CHEMICAL INDUSTRY

◍ Celanese

◍ BASF

◍ BLUESTAR

◍ YUNTIANHUA

◍ CNOOC Tianye Chemical Co., Ltd.

◍ Formosa Plastics Corporation

◍ KEP

◍ Asahi Kasei

◍ KOLON

The Polyoxymethylene (POM) Plastic Market is competitive, with key players like DuPont, Celanese, and BASF driving innovation. These companies utilize POM for applications in automotive and electronics, enhancing performance and durability. Their investments in R&D and sustainability initiatives support market growth. Sales figures vary; specific revenues remain undisclosed. Request Sample Report

Market Segmentation

By Application

◍ Automotive Industry

◍ Consumer

◍ Others(Medical, Devices, Healthcare etc.)

By Product

◍ Homo-polyoxymethylene

◍ Co-polyoxymethylene

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Market Growth

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$ X Billion USD

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