Polyoxymethylene (POM) is an engineering thermoplastic that is used in various applications in automobile, electronic and consumer goods industries. Characteristics of Polyoxymethylene (POM) make it applicable for usage in various end-user applications such as manufacture of electronic appliances, electrical parts, children's toys and disposable applicators among others.
As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with polyoxymethylene(POM) industry in short supply on the market in the past few years, more and more companies enter into polyoxymethylene(POM) industry, the current demand for polyoxymethylene(POM) product is relatively low, lack of demand, excess supply.
In the future, the global consumption of polyoxymethylene(POM) will maintain a 4.6% growth rate ,consumption is expected in 2021 will be 947.3K MT. Therefores, polyoxymethylene(POM) overcapacity situation will not change much, the average operating rate will remain at 88% to 93%.
Carpet product demand market there is also a certain space, but basically showing the scarcity of environment-friendly products, low-end products, and excess capacity, there is a large market demand for environment-friendly products to seize market share of imports acts.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Along with the development of Chinese domestic polyoxymethylene(POM), Chinese domestic polyoxymethylene(POM) has been very mature and advanced, and the performance distance has been shortening compared with the imported polyoxymethylene(POM).
6. As large demand of environment-friendly products at home and abroad, many companies began to enter the field of environment-friendly. Currently, the Chinese polyoxymethylene(POM) industry is not only begin to transit to environment-friendly polyoxymethylene(POM) products, while still extend in the resource-rich land and downstream industry chain.
The report offers detailed coverage of Polyoxymethylene(POM) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Polyoxymethylene(POM) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Polyoxymethylene(POM) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Polyoxymethylene(POM) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Polyplastics Co.,Ltd
Mitsubishi Engineering-Plastics Corporation
Celanese
DuPont
YUNTIANHUA
BLUESTAR
HENAN ENERGY AND CHEMICAL INDUSTRY
Shenhua Ningxia Coal Industry Group Co., Ltd
CNOOC Tianye Chemical Co., Ltd.
BASF
Formosa Plastics Corporation
Asahi Kasei
KOLON
KEP
At the same time, we classify Polyoxymethylene(POM) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Homo-polyoxymethylene
Co-polyoxymethylene
Market by Application
Automotive Industry
Consumer
Others(Medical, Devices, Healthcare etc.)
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Polyoxymethylene(POM) market for the forecast period 2021 - 2025?
• What are the driving forces in the Polyoxymethylene(POM) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Polyoxymethylene(POM) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?