Mexico Medical Polyoxymethylene (pom) Market Size & Outlook
Mexico medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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Mexico medical polyoxymethylene (pom) market highlights
- The Mexico medical polyoxymethylene (pom) market generated a revenue of USD 4.9 million in 2023 and is expected to reach USD 7.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.1% 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 4.9 million |
| Market revenue in 2030 | USD 7.4 million |
| Growth rate | 6.1% (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, Mexico accounted for 4.2% 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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Mexico 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 63.27% in 2023. Horizon Databook has segmented the Mexico medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico's strategic location and trade agreements with the U.S. and Canada have made it a manufacturing hub for medical devices. This has led to increased demand for materials like POM, which are essential components in many medical devices.
Mexico offers competitive labor costs and a skilled workforce, making it an attractive destination for medical device manufacturers seeking to reduce production costs. This, in turn, drives the demand for materials like POM.
The country has manufacturing clusters in Baja California, Sonora, Chihuahua, and Mexico City where medical manufacturing units are majorly located, forming major centers for POM production in the country.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into Mexico medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
Mexico Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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