Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

Persistence Market Research

Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

Persistence Market Research

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

Persistence Market Research Released New Market Report on “Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022”.

Polyoxymethylene (also known as POM) is a high performance engineering plastic that is derived from formaldehyde. It finds its applications in various end user industries such as electrical and electronics, automotive industry, consumer goods and electronics, and others. Polyoxymethylene is a preferred material in the category of high performance engineering plastics due to its various desirable properties such as excellent dimensional stability, impact resistance, fatigue resistance, and high strength. Polyoxymethylene is majorly used in electrical & electronics industry to make insulators, capacitors and various other electronic components. The use of this material makes the product more efficient and effective to deliver better performance.

Polymers are considered as an important material in the food industry due to factors such as mechanical strength, low cost and ease in manufacturing and processing. As a result, the demand for plastic from the food industry is expected to strengthen the market for Polyoxymethylene, thereby creating new opportunities in the coming years. Polyoxymethylene is also used as a replacement for metal as it weighs lighter than metal and also possesses high impact strength.

Global Polyoxymethylene market is segmented by process as well as by end user Polyoxymethylene By Process: •

Injection Molding

Extrusion Molding

Others (Rotational Molding, Blow molding, physical foaming)

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

Polyoxymethylene By End user: •

Electrical and Electronics

Automotive

Consumer Goods and Appliances

Others (Packaging, Medical, Food, Construction)

Polyoxymethylene is an engineering thermoplastic that is used because of its excellent physical properties which make it a metal replacing light weight material. The drivers for this market include superior properties, increasing demand in end use industries, and replacement for plastics among others. New applications in the food packaging industry along with non-crude oil derivate based raw materials would act as opportunities for Polyoxymethylene. Use of Polyoxymethylene in various industries such as automotive, electrical and electronics, others in the form of metal replacement plastic due to its light weight and high strength is expected to drive growth of the Polyoxymethylene market.

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Polyoxymethylene manufacturers are investing heavily in plant capacity expansion or regional expansion by creating new subsidiaries to penetrate into new markets and to improve the reach of their products in various regions. Major players in this market are engaged in R&D efforts to develop newer applications and new products

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

to fulfill the demand from various end use industries. Also, the companies are engaged in new product launch, and mergers & acquisitions. The companies are expanding their geographical footprints by setting up plants at new locations. These strategies are helping the companies to increase their market share and expand their reach.

The global Polyoxymethylene market is estimated to witness significant growth for the forecast period (2015 to 2025). Asia-Pacific is the leading market in terms of consumption and it accounts for nearly half of the total market for Polyoxymethylene. Western European market for polyoxymethylene is also expected to grow at moderate rate in the coming years. According to FMI’s forecasts, this market in Asia-Pacific is expected to show the fastest CAGR over the forecasted period as huge amount of investment are made in this region.

Some of the major players of the global Polyoxymethylene market are: E. I. Du Pont De Nemours and Company, BASF SE, A. Schulman, Korea Engineering Plastics, Asahi Kasei Chemicals Corp., Celanese Corporation, Mitsubishi Engineering-Plastics Corporation, and others.

The report covers exhaustive analysis on: •

Polyoxymethylene Market Segments

Polyoxymethylene Market Dynamics

Historical Actual Market Size, 2012 - 2014

Polyoxymethylene Market Size & Forecast 2015 to 2025

Supply & Demand Value Chain

Polyoxymethylene Market Current Trends/Issues/Challenges

Competition & Companies involved

Technology

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

Value Chain

Polyoxymethylene Market Drivers and Restraints

Regional analysis for Polyoxymethylene Market includes •

North America

Latin America

Europe

Asia Pacific & Japan

The Middle East and Africa

For more Info: http://www.persistencemarketresearch.com/contact-us.asp

Report Highlights: •

Shifting Industry dynamics

In-depth market segmentation

Historical, current and projected industry size Recent industry trends

Key Competition landscape

Strategies of key players and product offerings

Potential and niche segments/regions exhibiting promising growth

A neutral perspective towards market performance

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Polyoxymethylene Market - PMR Market Insight Report 2016 to 2022

About Us: Persistence Market Research (PMR) is a

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specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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