North America Medical Polyoxymethylene (pom) Market Size & Outlook
North America medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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North America medical polyoxymethylene (pom) market highlights
- The North America medical polyoxymethylene (pom) market generated a revenue of USD 33.5 million in 2023.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 33.5 million |
| Market revenue in 2030 | USD 52.4 million |
| Growth rate | 6.6% (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, North America region accounted for 28.4% 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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North America 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 62.69% in 2023. Horizon Databook has segmented the North America medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
North America plays a significant role in the medical polyoxymethylene (POM) market, with several factors contributing to its prominence. The region's influence stems from various aspects, including the accessibility of raw materials, the presence of renowned medical device manufacturers, and the high standard of living.
Additionally, the growing aging population and increased healthcare expenditure by consumers further drive the demand for POM in the medical industry across North America One of the key indicators of North America's dominance in the global medical POM market is the region's significant contribution to the market and its expected substantial growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical polyoxymethylene (pom) market , including forecasts for subscribers. This continent databook contains high-level insights into North America medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America medical polyoxymethylene (pom) market size, by country, 2018-2030 (US$M)
North America Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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