Canada Medical Polyoxymethylene (pom) Market Size & Outlook
Canada medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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Canada medical polyoxymethylene (pom) market highlights
- The Canada medical polyoxymethylene (pom) market generated a revenue of USD 10.3 million in 2023 and is expected to reach USD 16.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, copolymer pom was the largest revenue generating type in 2023.
- Copolymer POM is the most lucrative type segment registering the fastest growth during the forecast period.
Medical polyoxymethylene (pom) market data book summary
| Market revenue in 2023 | USD 10.3 million |
| Market revenue in 2030 | USD 16.0 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Copolymer pom |
| Fastest growing segment | Copolymer POM |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 8.7% of the global medical polyoxymethylene (pom) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical polyoxymethylene (pom) market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 29.0 million by 2030.
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Medical Polyoxymethylene (POM) Market Scope
Medical Polyoxymethylene (POM) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada medical polyoxymethylene (pom) market outlook
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 63.11% in 2023. Horizon Databook has segmented the Canada medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Canada, a developed nation with a robust healthcare infrastructure, presents a substantial market for medical POM. Its advanced healthcare system, coupled with a strong emphasis on research & development, creates a favorable environment for the adoption of high-performance materials like POM in medical devices.
The elderly population of the nation forms a major chunk of the total demographic, with 18.9% being 64 years old or older, as per Statistique Canada. This section of the population demands advanced healthcare solutions, including medical devices. POM, with its excellent biocompatibility and wear resistance, is well-suited for applications in prosthetics, orthotics, and implants.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
Canada Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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