The global polyoxymethylene market is likely to be driven by the shift towards lightweight and low emission vehicles in major economies globally. The usage of lightweight materials in the manufacture of vehicles leads to low fuel consumption, thereby reducing environmental pollution through less emission of CO2 in the atmosphere.
Albany, NY -- (SBWIRE) -- 04/06/2016 -- Polyoxymethylene (POM) is an engineering thermoplastic that is used in commercial as well as industrial applications. It is majorly employed in precision parts that require low friction, high stiffness and significant dimensional stability. Polyoxymethylene (POM) is widely used in automotive, electrical and electronic and consumer goods industries, among others. The polyoxymethylene (POM) market is anticipated to expand significantly in the near future due to its growing applications, especially in automotive and electrical industries. Polymers have been a vital part of the food industry due to factors such as their low cost, mechanical strength and ease in manufacturing and processing. Hence, demand for plastic from the food industry is expected to strengthen the market for polyoxymethylene (POM), thereby creating new opportunities in the near future. However, competition from bio-based engineering plastics is anticipated to be a restraining factor for the polyoxymethylene (POM) market.
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Polyoxymethylene (POM) report analyzes, estimates and forecasts the global market from the demand perspective in terms of volume (Kilo tons) and revenue (USD million) from 2013 to 2019. The polyoxymethylene (POM) report also analyzes several market drivers and restraints along with their impact on the market during the forecast period. The market numbers given in the report describe the global demand for polyoxymethylene (POM), but not the production and supply.
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The report provides a detailed view of the polyoxymethylene (POM) market by analyzing key applications segments. The key applications included in the report are automotive, electrical, consumer and others. It also provides an analysis of each application segment and forecasts the market in terms of volume and revenue from 2013 to 2019. The polyoxymethylene (POM) report segments the market based on key geographies including North America, Europe, Asia Pacific and Rest of the World. It further provides polyoxymethylene (POM) market volume and revenue for application segments under each regional segment. Based on polyoxymethylene (POM) applications, the report analyzes the attractiveness of each of the segment using the attractiveness tool. The polyoxymethylene (POM) study includes a value chain for better understanding key players, right from manufacturers of raw materials to end-users. The study also provides a comprehensive view of the polyoxymethylene (POM) market using Porter's five forces analysis.
Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies, company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. Some of the secondary sources referred for polyoxymethylene (POM) study ICIS, Plastic Europe, British Plastic Federation, Kunststoffe International and ChemSystems among others. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research.
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The report includes the company market share of key players operating in the global polyoxymethylene (POM) market based on their sales. Major polyoxymethylene (POM) market participants profiled in the report include A. Schulman, Asahi Kasei Chemicals Company, BASF SE, Buhler AG, Celanese Corporation, Daicel Corporation, E.I DuPont de Nemours and Company, Formosa Plastics Corporation, L.G. Chem, Mitsubishi Engineering Plastics, Polyplastics and SABIC Innovative Plastics USA LLC. Profile of key participants comprises elements such as company overview, financial overview, business strategies, SWOT analysis and recent developments. Key companies in the polyoxymethylene (POM) market are focusing on expanding its product portfolio to compete in the market by adding new innovative products and investing in research and developments in order to develop new technologies and make existing technologies more efficient.
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