Market revenue in 2023 | USD 43.5 million |
Market revenue in 2030 | USD 69.1 million |
Growth rate | 6.8% (CAGR from 2023 to 2030) |
Largest segment | Copolymer pom |
Fastest growing segment | Copolymer POM |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Homopolymer POM, Copolymer POM |
Key market players worldwide | Dow Inc, Celanese Corp Class A, DuPont de Nemours Inc, Daicel Corp, Asahi Kasei Corp, Mitsubishi Gas Chemical Co Inc, SABIC, Avient Corp, Clariant AG, Jet-Hot, Innovative Plastics, Korea Engineering Plastics Co., China National Bluestar Group, ICD High Performance Coatings |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical polyoxymethylene (pom) market will help companies and investors design strategic landscapes.
Copolymer pom was the largest segment with a revenue share of 63.45% in 2023. Horizon Databook has segmented the Asia Pacific medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is a significant segment in the global medical polyoxymethylene market. The presence of a strong industrial foundation and key manufacturers in countries like China, Japan, South Korea, and India contribute to the growth of the medical POM market in the region.
These countries have been investing in the development of their medical sectors, creating lucrative opportunities for the growth of the medical POM market. The region is expected to have over 60% of the world’s population by 2030, with 25% of the people aged above 60.
This is likely to increase the spending on healthcare products such as medical devices in the region. This growth is expected to aid the consumption of medical POM in the region over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medical polyoxymethylene (pom) market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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