Middle East & Africa Medical Polyoxymethylene (pom) Market Size & Outlook
Middle East & Africa medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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MEA medical polyoxymethylene (pom) market highlights
- The MEA medical polyoxymethylene (pom) market generated a revenue of USD 6.8 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 6.8 million |
| Market revenue in 2030 | USD 9.9 million |
| Growth rate | 5.4% (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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global medical polyoxymethylene (pom) market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 69.1 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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Middle East & Africa 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 64.71% in 2023. Horizon Databook has segmented the Middle East & Africa medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa has witnessed significant growth in the global medical polyoxymethylene (POM) market, driven by various factors including rising healthcare expenditures, increasing prevalence of chronic diseases, and the expansion of healthcare facilities.
For instance, in November 2023, Prime Healthcare's expansion in Dubai Healthcare City commenced, which included a new specialty hospital with a capacity of 150 beds.
It highlights the region's commitment to enhancing healthcare services This expansion is crucial, as it increases the availability of medical services and creates demand for advanced medical devices that often incorporate materials like POM.
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Target buyers of Middle East & Africa medical polyoxymethylene (pom) market databook
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Our clientele includes a mix of medical polyoxymethylene (pom) market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa medical polyoxymethylene (pom) market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medical polyoxymethylene (pom) market size, by country, 2018-2030 (US$M)
Middle East & Africa Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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