Polyoxymethylene (POM) is a high-performance engineered thermoplastic, which is traditionally produced through ring opening polymerization of formaldehyde and is mainly supplied in the form of pellets. POM resins are produced by the process of polymerization of formaldehyde so as to provide the homopolymers and copolymers by deploying the other monomers. They are known for its several constructive and mechanical properties which makes them a suitable material to replace metal in production of several medical devices. POM is known to provide metal-like machining properties along with thermal and dimensional stability, ultra-high modulus, enhanced strength, hardness and rigidness, minimal friction coefficient and gas/vapor permeability, dielectric strength, and better retention characteristics at elevated temperature. All such properties make it an ideal material to be used in production of several medical devices and equipment such as dialysis machines, handles for instrument, pharmaceutical closure, inhalers, insulin pens and other such application areas.
This report contains market size and forecasts of Polyoxymethylene (POM) Resins for Medical Instruments in global, including the following market information:
Global Polyoxymethylene (POM) Resins for Medical Instruments Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Polyoxymethylene (POM) Resins for Medical Instruments Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Polyoxymethylene (POM) Resins for Medical Instruments companies in 2021 (%)
The global Polyoxymethylene (POM) Resins for Medical Instruments market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Homo-polyoxymethylene Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Polyoxymethylene (POM) Resins for Medical Instruments include Polyplastics Co.,Ltd, Ensinger, Inventro Polymers, Kolon Plastics, Korea Engineering Plastics Co., Ltd, LG Chem, Mitsubishi Engineering-Plastics Corporation, Celanese and DuPont, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Polyoxymethylene (POM) Resins for Medical Instruments manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Polyoxymethylene (POM) Resins for Medical Instruments Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Polyoxymethylene (POM) Resins for Medical Instruments Market Segment Percentages, by Type, 2021 (%)
Homo-polyoxymethylene
Co-polyoxymethylene
Global Polyoxymethylene (POM) Resins for Medical Instruments Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Polyoxymethylene (POM) Resins for Medical Instruments Market Segment Percentages, by Application, 2021 (%)
Dialysis Machine
Handles for Surgical Instruments
Inhalers
Insulin Pen
Others
Global Polyoxymethylene (POM) Resins for Medical Instruments Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Polyoxymethylene (POM) Resins for Medical Instruments Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Polyoxymethylene (POM) Resins for Medical Instruments revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Polyoxymethylene (POM) Resins for Medical Instruments revenues share in global market, 2021 (%)
Key companies Polyoxymethylene (POM) Resins for Medical Instruments sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Polyoxymethylene (POM) Resins for Medical Instruments sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Polyplastics Co.,Ltd
Ensinger
Inventro Polymers
Kolon Plastics
Korea Engineering Plastics Co., Ltd
LG Chem
Mitsubishi Engineering-Plastics Corporation
Celanese
DuPont
YUNTIANHUA
BLUESTAR
Henan Energy and Chemical Industry
Shenhua Ningxia Coal Industry Group Co., Ltd
CNOOC Tianye Chemical Co., Ltd.
BASF
Formosa Plastics Corporation
Asahi Kasei
KEP