Polyoxymethylene Market By Application, Industry Size, Growth, Share And Forecast To 2022

Published By: Brisk Insights | Published On: Jul 26, 2016

Key Findings


The global polyoxymethylene market is expected to grow with aCAGR of 4.12%during the forecast periodof 2016-2022.


Polyoxymethylene is a high performance engineering plastic and possesses various enhanced properties such as high impact resistance, high strength, dimensional stability, and fatigue resistance. Polyoxymethylene is also known as POM,and due to the presence of various desirable properties it is majorly used by the end user industries like electrical and electronics, consumer goods, automotive, and others.Growing demand of POM product in electrical and electronics industries is one of the factors that is majorly driving the growth of the market. POM are majorly used in electronics and electrical industries to make capacitors, insulators, and other various electronic components, as with the use of POM in various products makes them more effective and efficient. Electronics and electrical industries are the biggest consumer of polyoxymethylene, and it is followed by the transportation industry as the second largest consumers of POM among all end user industries. Rising demand of POM products in the transportation industry is largelydriving forgrowth of the global POM market. POM is considered to be the best substitute with various metallic parts of the vehicles that canmake the vehicle light weight and more fuel efficient.POM is majorly used by the transportation industries because of its various properties like creep resistance at raised temperature, excellent chemical resistance,dimensional stability, and high stiffnessdue to which the vehicle manufacturersprefer to replace its metallic parts with lighter and more efficient POM parts. Bio-based engineering plastics, traditional materials, and other polymers are the substitutes and competitorsfor POM, which is acting as a major restraint for the market. Some of the opportunities for the global polyoxymethylene market are the use of natural gas to make the raw material and the increasing use of metal and UV detectable POM in thefood and packaging industries. For the past few years, the consumption of processed food is continuously growing in the emerging countriesmarket; and due to this, the usage of POM is growing in demand in processed food market.The global polyoxymethylene market is also facing certain challenge due to the lack of awareness among the consumers.


Market Segment Insight


The global market of polyoxymethylene is segmented on the basis of application and regional outlook. On the basis of applicationsmarket has been categorized intoautomotive, electrical and electronics, consumers, transportation, and other applications. In the application segment,almost all the sub segments dominate the market growth of the global polyoxymethylene market. Though, electrical and electronics, andtransportation segments are majorly dominating the market share and are driving the market growth,with electrical and electronics industry application having the largest share, and is followed by the transportation industry application is the second position, in terms of consumption of polyoxymethylene products among all industries. In the automotive industries application, POM is used in manufacturing various parts and components of the vehicle such as door locks; side covers; fuel pump modules; combination switches; door lock actuators; seating systems; seat belt adjusters; drive train transmission; clock springs; fuel filters; loud speaker grills; and, others.


Regional Insight


On the basis of geography the polyoxymethylene market is divided into North America; Europe; Asia Pacific; Middle East and Africa; and, Latin America. Asia Pacifichas the largest market share of global polyoxymethylene market due to the growing demand of automotive and electrical and electronic productsin the Asia Pacific region. Asia Pacific region includes India, Japan, Indonesia, and China which is predicted to be the fastest growing market during the forecast period of 2016-2022.North America and Europe are the developed regions and the growth of end user industries in these regions is slow and stagnant, hence, it is predicted that the market growth of these regions will be quite slow as compare to Asia Pacific region.


Competitive Insights


Some of the key players of the industries areA. Schulman Inc.; Asahi Kasei Chemicals Corporation; BASF SE; Buhler AG; Celanese Corporation; Daicel Corporation; E.I. Dupont De Nemours & Company; Formosa Plastics Corporation USA; Kolon Plastics, Inc.; Korea Engineering Plastics (KEP); LG Chem Ltd.; Mitsubishi Engineering Plastics Corporation; Polyplastics Company Ltd.; Sabic Innovative Plastics USA LLC; Yunnan Yuntianhua Co. Ltd.
Acquisitions, innovations, and mergers are the key strategies which help to increase the market share of the company. On 16th March 2015 A. Schulman Inc. hasannounced to acquire Citadel Plastics Holdings Inc. to transform the company beyond plastic compounding into a premier specialty plastics organization. Similarly, recently on 20th April 2016 BASF SE has signed the agreement to acquire all the assets of Guangdong Yinfan Chemistry Co. Ltd. in China, to grow their automotive coatings business and further investing in emerging markets which will strengthen their position in the fast-growing Chinese automotive market.

CHAP 1. METHODOLOGY & SCOPE 13
1.1. RESEARCH METHODOLOGY 13
1.2. RESEARCH SCOPE & ASSUMPTIONS 13
1.3. LIST OF DATA SOURCES 13


CHAP 2. EXECUTIVE SUMMARY 14
2.1. GLOBAL POLYOXYMETHYLENE MARKET SUMMARY & KEY BUYING CRITERIA 14
2.2. GLOBAL POLYOXYMETHYLENE MARKET OUTLOOK 14
2.3. MARKET SEGMENTATION ANALYSIS 14
2.4. MARKET SIZE AND GROWTH PROSPECTS 2012-2022 14
2.5. GLOBAL POLYOXYMETHYLENE MARKET VALUE CHAIN ANALYSIS 14
2.6. VENDOR LANDSCAPE 14


CHAP 3. GLOBAL POLYOXYMETHYLENE MARKET 15
3.1. MARKET DRIVER ANALYSIS 15
3.1.1. INCREASING DEMAND FROM TRANSPORTATION INDUSTRY 15
3.1.2. GROWTH IN ELECTRONIC AND ELECTRICAL INDUSTRY 15
3.1.3. INCREASING SALES OF CONSUMERS AND INDUSTRIAL PRODUCTS IN BRIC NATION 15
3.2. MARKET RESTRAINT ANALYSIS 15
3.2.1. ADVENT OF BIO-BASED ENGINEERING PLASTICS 15
3.2.2. COMPETITION FROM TRADITIONAL MATERIAL AND OTHER POLYMERS 15
3.3. KEY OPPORTUNITIES 15
3.3.1. RAW MATERIAL PRODUCED FROM NATURAL GAS 15
3.3.2. INCREASING USAGE OF METAL BASED AND UV DETECTABLE POM IN FOOD AND PACKING INDUSTRY 15
3.4. CHALLENGES 15
3.4.1. LACK OF AWARENESS 15


CHAP 4. INDUSTRY ANALYSIS 16
4.1. GLOBAL POLYOXYMETHYLENE MARKET– PORTER’S FIVE FORCE MODEL 16
4.2. GLOBAL POLYOXYMETHYLENE MARKET– PESTEL ANALYSIS 16
4.3. GLOBAL POLYOXYMETHYLENE MARKET- GAP ANALYSIS 16


CHAP 5. GLOBAL POLYOXYMETHYLENE MARKET BY APPLICATION 2012-2022 ($ MILLION) 17


CHAP 6. GLOBAL POLYOXYMETHYLENE MARKET REGIONAL OUTLOOK 2012-2022 ($ MILLION) 18
6.1. GLOBAL POLYOXYMETHYLENE MARKET BY REGION 2012-2022 ($ MILLION) 18
6.2. NORTH AMERICA 18
6.2.1. NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
6.2.2. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
6.2.3. NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 18
6.2.3.1. U.S. 18
6.2.3.1.1. U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
6.2.3.1.2. U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
6.2.3.2. CANADA 18
6.2.3.2.1. CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
6.2.3.2.2. CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
6.3. EUROPE 18
6.3.1. EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 18
6.3.2. EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 18
6.3.3. EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 18
6.3.3.1. GERMANY 18
6.3.3.1.1. GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
6.3.3.1.2. GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.3.3.2. UK 19
6.3.3.2.1. UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
6.3.3.2.2. UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.3.3.3. FRANCE 19
6.3.3.3.1. FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
6.3.3.3.2. FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.3.3.4. SPAIN 19
6.3.3.4.1. SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
6.3.3.4.2. SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.3.3.5. REST OF EUROPE 19
6.3.3.5.1. RUSSIA MARKET ESTIMATES AND FORECAST2012-2022 ($ MILLION) 19
6.3.3.5.2. OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.4. ASIA PACIFIC 19
6.4.1. ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 19
6.4.2. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 19
6.4.3. ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 19
6.4.3.1. CHINA 19
6.4.3.1.1. CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
6.4.3.1.2. CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.4.3.2. INDIA 20
6.4.3.2.1. INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
6.4.3.2.2. INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.4.3.3. JAPAN 20
6.4.3.3.1. JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
6.4.3.3.2. JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.4.3.4. OTHERS 20
6.4.3.4.1. OTHER MARKET ESTIMATES AND FORECASTS 2012-2022 ($ MILLION) 20
6.4.3.4.2. OTHER MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.5. MIDDLE EAST & AFRICA 20
6.5.1. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
6.5.2. MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.6. LATIN AMERICA 20
6.6.1. LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 20
6.6.2. LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 20
6.6.2.1. BRAZIL 20
6.6.2.1.1. BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 21
6.6.2.1.2. BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 21


CHAP 7. COMPETITIVE LANDSCAPE 22
7.1. A. SCHULMAN 23
7.1.1. COMPANY OVERVIEW 23
7.1.2. FINANCIAL PERFORMANCE 23
7.1.3. PRODUCT BENCHMARKING 23
7.1.4. STRATEGIC INITIATIVES 23
7.2. ASAHI KASEI CHEMICALS CORPORATION 23
7.2.1. COMPANY OVERVIEW 23
7.2.2. FINANCIAL PERFORMANCE 23
7.2.3. PRODUCT BENCHMARKING 23
7.2.4. STRATEGIC INITIATIVES 23
7.3. BASF SE 23
7.3.1. COMPANY OVERVIEW 23
7.3.2. FINANCIAL PERFORMANCE 23
7.3.3. PRODUCT BENCHMARKING 23
7.3.4. STRATEGIC INITIATIVES 23
7.4. BUHLER AG 23
7.4.1. COMPANY OVERVIEW 23
7.4.2. FINANCIAL PERFORMANCE 23
7.4.3. PRODUCT BENCHMARKING 23
7.4.4. STRATEGIC INITIATIVES 23
7.5. CELANESE CORPORATION 23
7.5.1. COMPANY OVERVIEW 23
7.5.2. FINANCIAL PERFORMANCE 23
7.5.3. PRODUCT BENCHMARKING 23
7.5.4. STRATEGIC INITIATIVES 23
7.6. DAICEL CORPORATION 23
7.6.1. COMPANY OVERVIEW 23
7.6.2. FINANCIAL PERFORMANCE 24
7.6.3. PRODUCT BENCHMARKING 24
7.6.4. STRATEGIC INITIATIVES 24
7.7. E.I. DUPONT DE NEMOURS & COMPANY 24
7.7.1. COMPANY OVERVIEW 24
7.7.2. FINANCIAL PERFORMANCE 24
7.7.3. PRODUCT BENCHMARKING 24
7.7.4. STRATEGIC INITIATIVES 24
7.8. FORMOSA PLASTICS CORPORATION USA 24
7.8.1. COMPANY OVERVIEW 24
7.8.2. FINANCIAL PERFORMANCE 24
7.8.3. PRODUCT BENCHMARKING 24
7.8.4. STRATEGIC INITIATIVES 24
7.9. KOLON PLASTICS, INC. 24
7.9.1. COMPANY OVERVIEW 24
7.9.2. FINANCIAL PERFORMANCE 24
7.9.3. PRODUCT BENCHMARKING 24
7.9.4. STRATEGIC INITIATIVES 24
7.10. KOREA ENGINEERING PLASTICS (KEP) 24
7.10.1. COMPANY OVERVIEW 24
7.10.2. FINANCIAL PERFORMANCE 24
7.10.3. PRODUCT BENCHMARKING 24
7.10.4. STRATEGIC INITIATIVES 24
7.11. LG CHEM LTD. 24
7.11.1. COMPANY OVERVIEW 24
7.11.2. FINANCIAL PERFORMANCE 24
7.11.3. PRODUCT BENCHMARKING 24
7.11.4. STRATEGIC INITIATIVES 24
7.12. MITSUBISHI ENGINEERING PLASTICS CORPORATION 25
7.12.1. COMPANY OVERVIEW 25
7.12.2. FINANCIAL PERFORMANCE 25
7.12.3. PRODUCT BENCHMARKING 25
7.12.4. STRATEGIC INITIATIVES 25
7.13. POLYPLASTICS COMPANY LTD. 25
7.13.1. COMPANY OVERVIEW 25
7.13.2. FINANCIAL PERFORMANCE 25
7.13.3. PRODUCT BENCHMARKING 25
7.13.4. STRATEGIC INITIATIVES 25
7.14. SABIC INNOVATIVE PLASTICS USA LLC 25
7.14.1. COMPANY OVERVIEW 25
7.14.2. FINANCIAL PERFORMANCE 25
7.14.3. PRODUCT BENCHMARKING 25
7.14.4. STRATEGIC INITIATIVES 25
7.15. YUNNAN YUNTIANHUA CO. LTD. 25
7.15.1. COMPANY OVERVIEW 25
7.15.2. FINANCIAL PERFORMANCE 25
7.15.3. PRODUCT BENCHMARKING 25
7.15.4. STRATEGIC INITIATIVES 25

TABLE 1 GLOBAL POLYOXYMETHYLENE AUTOMOTIVE MARKET 2012-2022 ($ MILLION) 24
TABLE 2 GLOBAL POLYOXYMETHYLENE ELECTRICAL MARKET 2012-2022 ($ MILLION) 24
TABLE 3 GLOBAL POLYOXYMETHYLENE CONSUMER MARKET 2012-2022 ($ MILLION) 24
TABLE 4 GLOBAL POLYOXYMETHYLENE TRANSPORTATION MARKET 2012-2022 ($ MILLION) 24
TABLE 5 24
TABLE 6 GLOBAL POLYOXYMETHYLENE OTHERS MARKET 2012-2022 ($ MILLION) 24
TABLE 7 GLOBAL POLYOXYMETHYLENE MARKET REGIONAL OUTLOOK 2012-2022 ($ MILLION) 24
TABLE 8 GLOBAL POLYOXYMETHYLENE MARKET BY REGION 2012-2022 ($ MILLION) 24
TABLE 9 NORTH AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 24
TABLE 10 NORTH AMERICA MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 24
TABLE 11 NORTH AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 24
TABLE 12 U.S. MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 24
TABLE 13 U.S. MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 24
TABLE 14 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 24
TABLE 15 CANADA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 24
TABLE 16 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 24
TABLE 17 EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 24
TABLE 18 EUROPE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 19 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 20 GERMANY MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 21 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 22 UK MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 23 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 24 FRANCE MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 25 SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 26 SPAIN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 27 RUSSIA MARKET ESTIMATES AND FORECAST2012-2022 ($ MILLION) 25
TABLE 28 OTHERS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 29 ASIA PACIFIC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 30 ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ MILLION) 25
TABLE 31 ASIA PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 32 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 33 CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 25
TABLE 34 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 25
TABLE 35 INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 36 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 37 JAPAN MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 38 OTHER MARKET ESTIMATES AND FORECASTS 2012-2022 ($ MILLION) 26
TABLE 39 OTHER MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 40 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 41 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 42 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 43 LATIN AMERICA MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26
TABLE 44 BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
TABLE 45 BRAZIL MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ MILLION) 26

FIGURE 1 MARKET SHARE BY REGION 26
FIGURE 2 UNITED STATES MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
FIGURE 3 CANADA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
FIGURE 4 EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 26
FIGURE 5 GERMANY MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 6 UK MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 7 FRANCE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 8 SPAIN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 9 REST OF EUROPE MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 10 APAC MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 11 CHINA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 12 INDIA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 13 JAPAN MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 14 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 15 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27
FIGURE 16 BRAZIL MARKET ESTIMATES AND FORECAST 2012-2022 ($ MILLION) 27

Choose License


Contact Information

: 24/7 Research Support

: sales@briskinsights.com

: +448081890034 (UK)