| Product Code: ETC5717002 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Polyoxymethylene (POM), known for its high mechanical strength and rigidity, finds applications in precision parts like gears and bearings. In Cape Verde, the market for POM is limited, primarily serving niche industrial needs. However, as the manufacturing sector develops, the demand for such high-performance polymers could see an uptick.
The polyoxymethylene (POM) market in Cape Verde benefits from its use in engineering plastics for automotive and industrial applications. POM is valued for its high strength, rigidity, and dimensional stability. The demand for durable and high-performance materials supports the growth of the POM market.
In Cape Verde, the polyoxymethylene market faces several obstacles, including high production and import costs. The need for specialized technology and skilled labor for processing polyoxymethylene adds to the markets challenges. Additionally, there is limited local manufacturing infrastructure and competition from alternative materials and global suppliers. The market also struggles with a lack of awareness about the applications and benefits of polyoxymethylene.
The government may focus on the polyoxymethylene market by encouraging the use of this high-performance plastic in industrial applications. Policies could include providing support for local production, setting standards for product quality and safety, and supporting research into new applications and technologies for polyoxymethylene.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Polyoxymethylene Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Polyoxymethylene Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Polyoxymethylene Market - Industry Life Cycle |
3.4 Cape Verde Polyoxymethylene Market - Porter's Five Forces |
3.5 Cape Verde Polyoxymethylene Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cape Verde Polyoxymethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polyoxymethylene (POM) in automotive applications due to its high strength and stiffness properties. |
4.2.2 Increasing usage of POM in electrical and electronics industries for components requiring high precision and durability. |
4.2.3 Government focus on infrastructure development leading to demand for POM in construction applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of POM. |
4.3.2 Environmental concerns regarding the disposal and recycling of POM products. |
4.3.3 Competition from alternative materials with similar properties impacting the market growth. |
5 Cape Verde Polyoxymethylene Market Trends |
6 Cape Verde Polyoxymethylene Market Segmentations |
6.1 Cape Verde Polyoxymethylene Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Polyoxymethylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.3 Cape Verde Polyoxymethylene Market Revenues & Volume, By Consumer, 2021-2031F |
6.1.4 Cape Verde Polyoxymethylene Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Cape Verde Polyoxymethylene Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.6 Cape Verde Polyoxymethylene Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Polyoxymethylene Market Import-Export Trade Statistics |
7.1 Cape Verde Polyoxymethylene Market Export to Major Countries |
7.2 Cape Verde Polyoxymethylene Market Imports from Major Countries |
8 Cape Verde Polyoxymethylene Market Key Performance Indicators |
8.1 Average selling price of POM products in Cape Verde. |
8.2 Number of new applications or industries adopting POM in the market. |
8.3 Investment in research and development for innovation in POM products. |
9 Cape Verde Polyoxymethylene Market - Opportunity Assessment |
9.1 Cape Verde Polyoxymethylene Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cape Verde Polyoxymethylene Market - Competitive Landscape |
10.1 Cape Verde Polyoxymethylene Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Polyoxymethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |