May 22, 2023
Medical Polyoxymethylene Global Market Report 2023: Featuring BASF, Celanese, DuPont, Ensinger, Mitsubishi, Westlake, Yuntianhua Group & More
Global Medical Polyoxymethylene Market Dublin, May 30, 2023 (GLOBE NEWSWIRE) --
Global Medical Polyoxymethylene Market
Dublin, May 30, 2023 (GLOBE NEWSWIRE) -- The "Medical Polyoxymethylene Market, By Type, By Medical Application - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.Polyoxymethylene (POM) or acetal is a form of polymer that is made from formaldehyde-based, semi-crystalline resins with the functional group of carbon bonded to two -OR groups. It is a chemically inert material that is widely used in medical devices due to its biocompatibility, strength, and resistance to chemicals and sterilization methods.
Medical polyoxymethylene is an engineering thermoplastic used in precision parts requiring high stiffness, low friction and excellent dimensional stability. The material is available in homopolymer and copolymer forms and can be used in a wide range of applications. Market Dynamics:The medical polyoxymethylene market is projected to register a significant growth rate during the forecast period. The increasing adoption of advanced medical technology is one of the major factors driving growth of this market.
Moreover, the increase in the incidence of chronic diseases is also contributing to the growth of this market. Other factors that are propelling growth of this market include the increasing use of polyoxymethylene in the production and packaging of pharmaceutical products. The rise in the number of pharmaceutical companies is also accelerating the growth of this market.On the other hand, issues associated with sterilization and implant application is expected to hinder the market growth.Key features of the study:
This report provides in-depth analysis of the global medical polyoxymethylene market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical polyoxymethylene market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global medical polyoxymethylene market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical polyoxymethylene market
Detailed Segmentation: Global Medical Polyoxymethylene (POM) Market, By Type
Homopolymer POM
Copolymer POM
Global Medical Polyoxymethylene (POM) Market, By Medical Application
Dialysis Machine
Handles for Surgical Instruments
Inhalers
Insulin Pen
Medical Trays
Pharmaceutical Closures
Other Medical Applications
Global Medical Polyoxymethylene (POM) Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles
BASF SE
Celanese Corporation
Daicel Corporation (Polyplastics Co. Ltd)
DuPont de Nemours Inc.
Ensinger
Korea Engineering Plastics Co. Ltd
Mitsubishi Chemical Corporation
Westlake Plastics Company
Yuntianhua Group Co. Ltd
Key Attributes:
Report Attribute
Details
No. of Pages
122
Forecast Period
2022 - 2030
Estimated Market Value (USD) in 2022
$199.8 Million
Forecasted Market Value (USD) by 2030
$260.5 Million
Compound Annual Growth Rate
3.3%
Regions Covered
Global
Key Topics Covered: 1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Expanding medical devices sector
Challenges associated with sterilization and implant usage
Increasing application in tissue engineering
4. Global Medical Polyoxymethylene (POM) Market - Impact of Coronavirus (COVID-19) Pandemic
5. Global Medical Polyoxymethylene (POM) Market , By Medical Application, 2017-2030, (US$ Mn)
6. Global Medical Polyoxymethylene (POM) Market , By Type, 2017-2030, (US$ Mn)
7. Global Medical Polyoxymethylene (POM) Market , By Region, 2017-2030, (US$ Mn)
8. Competitive Landscape
9. Section
For more information about this report visit https://www.researchandmarkets.com/r/dwnbi5
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Attachment
Global Medical Polyoxymethylene Market
ResearchAndMarkets.com's Market Dynamics: Key features of the study: Detailed Segmentation: Global Medical Polyoxymethylene (POM) Market, By Type Global Medical Polyoxymethylene (POM) Market, By Medical Application Global Medical Polyoxymethylene (POM) Market, By Region Company Profiles Key Attributes: Report Attribute Details Key Topics Covered: 1. Research Objectives and Assumptions 2. Market Purview 3. Market Dynamics, Regulations, and Trends Analysis 4. Global Medical Polyoxymethylene (POM) Market - Impact of Coronavirus (COVID-19) Pandemic 5. Global Medical Polyoxymethylene (POM) Market , By Medical Application, 2017-2030, (US$ Mn) 6. Global Medical Polyoxymethylene (POM) Market , By Type, 2017-2030, (US$ Mn) 7. Global Medical Polyoxymethylene (POM) Market , By Region, 2017-2030, (US$ Mn) 8. Competitive Landscape 9. Section About ResearchAndMarkets.com Attachment