South Africa Medical Polyoxymethylene (pom) Market Size & Outlook
South Africa medical polyoxymethylene (pom) market, 2018-2030 (US$M)
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South Africa medical polyoxymethylene (pom) market highlights
- The South Africa medical polyoxymethylene (pom) market generated a revenue of USD 1.3 million in 2023 and is expected to reach USD 1.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, copolymer pom was the largest revenue generating type in 2023.
- Homopolymer 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 1.3 million |
| Market revenue in 2030 | USD 1.8 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Copolymer pom |
| Fastest growing segment | Homopolymer 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, South Africa accounted for 1.1% 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 Middle East & Africa, Saudi Arabia medical polyoxymethylene (pom) market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4.3 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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South 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 61.54% in 2023. Horizon Databook has segmented the South Africa medical polyoxymethylene (pom) market based on homopolymer pom, copolymer pom covering the revenue growth of each sub-segment from 2018 to 2030.
The medical devices market in South Africa is controlled by the South African Health Products Regulatory Authority (SAHPRA). The institution issues three types of licenses for medical device players in the country - manufacturer, distributor, and wholesaler.
The players require approval in the form of an acknowledgement letter from SAPHRA to operate in the local medical devices market. According to the South African Medical Research Council, around 136 medical device manufacturing firms operated in the country in 2022.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa medical polyoxymethylene (pom) market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical polyoxymethylene (pom) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa medical polyoxymethylene (pom) market size, by type, 2018-2030 (US$M)
South Africa Medical Polyoxymethylene (POM) Market Outlook Share, 2023 & 2030 (US$M)
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