Global POM(Polyoxymethylene) market cagr 10.3%

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POM ( Polyoxyme

Market

POM ( Polyoxymethylene ) Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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POM ( Polyoxymethylene ) Market Size and Growth

The Polyoxymethylene (POM) market is experiencing growth driven by increasing demand in automotive, electronics, and consumer goods sectors. As of 2023, the global market size is approximately $3 billion, with a projected CAGR of 5% through the next five years, supported by advancements in polymer technology and sustainability initiatives.

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Companies Covered

(Covid 19 Impact Covered)

◍ Ticona

◍ Dupont

◍ Polyplastics

◍ KEP

◍ Mitsubishi Engineering-Plastics

◍ BASF

◍ Asahi Kasei

◍ Kolon industries

◍ LG Chem

◍ Formosa Plastis

◍ Yunnan Yuntianhua

◍ PTM Engineering Plastics (Nantong)

◍ Shanghai Bluestar POM

◍ China Bluechemical

◍ Shenhua Group

◍ Henan Energy And Chemical Industry Group

◍ Tianjin Bohua Yongli Chemical Indusry

◍ Yankuang Group

The POM market features key players like Ticona, DuPont, and BASF, which enhance market growth via innovations and diverse applications in automotive and electronics. These companies leverage POM's superior properties, fostering demand. Notable revenues include DuPont's polymer segment at $4 billion and BASF's engineering plastics at $2 billion.

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Market Segmentation

By Application

Consumer Items

Automotive Industry ◍ Construction Industry

Machinery Manufacturing

Others

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By Product

POM-C

Market Growth

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$ X Billion USD

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