North America Polyoxymethylene Market Size By Type, Grade, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2024


Growing demand for plastics in the manufacturing processes of electronic products will likely propel the polyoxymethylene (POM) market size in North America during the forecast term. The product is used to produce several electronic components such as capacitors, insulators and several other electronic components. Automated manufacturing will have a wide scope of polyacetal applications such as gears including spur, cluster, helical, bevel, and worm, laser printer gear trains, video tape drives, switches, coil forms, telephone terminal strips, etc. The use of POM aids in making the final product more effective and efficient to offer better performance.A North America Polyoxymethylene MarketA  Estimated to hike at $2 bn by 2024.

Moreover, significant demand for POM is forecast in automotive applications. Amidst the rising quality-centric trends in the industry, the automotive sector will set extremely low limits for the emission of volatile organic compounds (VOC) by 2024. POM meets the world's most stringent requirements with regard to VOC emissions in this sector.

Nevertheless, crude oil, which is one of the key raw materials in the manufacturing of polyoxymethylene, also experienced a sharp fluctuation in prices in the past few years. For POM production, formaldehyde is required, the production of which is highly dependent on crude oil. Crude oil prices from last couple of decades have been very unstable, and can hinder the North America POM market size in the upcoming years.

North America standard grade product market size will cross USD 450 million in 2024. Standard grade POM provides exceptional resistance to fuels and chemicals, are low swelling, and provide long-term thermal stability and electrical insulation capacity. Likewise, homopolymer POM is estimated to witness a CAGR close to 8.5% during the forecast timespan. When compared to the copolymer POM, the homopolymer POM has slightly better mechanical properties but a lower thermo-oxidative stability. Product market size for automotive sector is estimated at more than USD 700 million in 2024. Various benefits of POM usage in automotive sector include durable low-gloss surface, resistant to cleaning solutions, ideal dimensional stability and design flexibility.

Key North America polyoxymethylene market contributors include Mitsubishi Corporation, SABIC, Celanese Corporation, BASF, RTP Company, Westlake Plastics Co., PolyOne Corporation, Polyplastics USA, DuPont,Inc. etc.
Table of Content: 

Chapter 1.   Methodology    Scope


	Market scope    definitions
	Assumptions
	Research methodology


Chapter 2.   Executive Summary

Chapter 3.  Industry Insights


	Industry segmentation
	Industry ecosystem analysis
	Industry impact forces
	
		Growth drivers
		Growth restraints
	
	
	Regulatory overview
	Porter's analysis
	PESTEL analysis
	Competitive landscape, 2018


Chapter 4.   North America Polyoxymethylene Market Size, By Grade, 2013 - 2024

Chapter 5.  North America Polyoxymethylene Market Share, By Type, 2013 - 2024

Chapter 6.   North America Polyoxymethylene Market Value, By Application, 2013 - 2024

Chapter 7.  North America Polyoxymethylene Market Trend, By Country, 2013 - 2024


	U.S.
	Canada


Chapter 8.  Company Profiles


	SABIC
	BASF
	Mitsubishi Corporation
	DuPont
	RTP Company
	PolyOne Corporation
	Westlake Plastics Co.
	Celanese Corporation
	Polyplastics USA, Inc.


The above companies have been profiled on:


	Business snapshot
	Financial information
	Product offerings
	Strategy overview


Name*
Email ID*
Company*
Phone (With Country Code)*
What is/are your question(s)?:

New Chemicals and Advanced Materials Reports

Turf Protection Flooring Rental Market - Growth, Trends, and Forecast to 2025

As per the credible estimates, turf protection flooring rental industry is predicted grow considerably through 2025. Surging investments towards infrastructural development along with rapid urbanization are bolstering the demand for natural as well a...

Softline Coating Market Size | Global Industry Growth Report, 2025

As per credible estimates, Softline coating market is poised to acquire commendable gains by the end of 2025. Softline coatings offer additional features such as breathability, heat stability, stain & soil repellence, anti-abrasion, anti-scratch,...

Scandium Metal Market Trends and Research Insights by 2025

According to trusted estimates, global scandium metal market is projected to expand with a CAGR of 3.4% during 2020-2025 to accrue USD 78 million by the end of study period. Growing use of scandium in solid oxide fuel cells, metallurgy, ceramics, ele...

Carbon Textile Reinforced Concrete Market Research Report 2025

As per credible estimates, carbon textile reinforced concrete industry is presumed to expand with 4.7% CAGR over the next five years to amass USD 26 million by the year 2025. Growing population and increasing infrastructural development have amplifie...

Pump in Lubrication Application Market Research Report 2025

Lubrication systems use pumps for directing lubricants from the reservoir to all the lubrication points of the machine. Rapid growth of automotive and construction industries is boosting the adoption of these systems. Lubricating pumps aid in extendi...

Other Reports by Graphical Research

Europe Protective Face Masks Market Share By Distribution Channel, Product, By End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

The COVID-19 pandemic is a respiratory disease spread through aerosol containing the virus and physical contact with infected individuals. To prevent the spread of the virus, use of protective masks has been prescribed, along with stringent social di...

Europe Medical Waste Management Market Size By Waste Generator, Type of Waste, Service, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

Europe Medical Waste Management MarketA size is set to exceed USD 4.0 billion by 2026. The surging healthcare industry with new biomedical waste services especially in the European region will offer tremendous business growth opportunities. The gover...

North America Protective Face Masks Market Size By Product, Distribution Channel, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 a?? 2026

North America Protective Face Masks Market value is set to exceed USD 346 million by 2026. According to World Health Organization (WHO) and the Center for Disease Control (CDC), COVID-19 can be prevented through the judicious use of face masks. The C...

North America Personal Protective Equipment for Infection Control Market Size By Product, Type, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

North America Personal Protective Equipment for Infection Control MarketA Size Estimated to Exceed USD 7.0 Billion By 2026. Growing demand for personal protective equipment (PPE) owing to increasing incidence of infectious diseases will escalate the ...

North America Medical Waste Management Market Size By Waste Generator, Type of Waste, Service, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026

North America Medical Waste Management MarketA size is set to exceed USD 6.5 billion by 2026. The growing healthcare industry with novel medical waste services especially in the North America region will offer lucrative market growth opportunities. T...

Publisher: Graphical Research
Chat with us