Product Code: ETC5717019 | Publication Date: Nov 2023 | Updated Date: Sep 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) demand in Ethiopia is growing steadily, driven by its use in precision engineering applications. Its properties, including high stiffness and low friction, make it ideal for automotive, electronics, and consumer goods. The market is set to benefit from Ethiopia`s industrial growth and rising adoption of engineering plastics.
The Ethiopia Polyoxymethylene (POM) market is expanding due to the increasing demand for high-performance engineering plastics in the automotive, electronics, and industrial sectors. POM, known for its durability, strength, and resistance to wear and tear, is used in the production of precision components such as gears, bearings, and automotive parts. As Ethiopia`s automotive and manufacturing industries continue to grow, the need for POM in producing lightweight, durable, and high-quality components is on the rise, supporting the growth of the market.
Ethiopia`s polyoxymethylene market is constrained by limited manufacturing infrastructure, reliance on imports, and low awareness about its use in engineering plastics. High costs and competition from alternative materials hinder market adoption.
Polyoxymethylene, also known as acetal resin, is an important thermoplastic polymer used in automotive, electrical, and consumer products. The Ethiopian government is making strides in promoting the development of industries that utilize polyoxymethylene. As part of its industrial development plans, the government is focusing on increasing the local manufacturing capacity of plastics and chemicals, which includes supporting investments in polyoxymethylene production. Policies aimed at fostering technological innovation and improving energy efficiency also benefit the polyoxymethylene market in Ethiopia.
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 Ethiopia Polyoxymethylene Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Polyoxymethylene Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Polyoxymethylene Market - Industry Life Cycle |
3.4 Ethiopia Polyoxymethylene Market - Porter's Five Forces |
3.5 Ethiopia Polyoxymethylene Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ethiopia Polyoxymethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in automotive and transportation industry, leading to increased demand for polyoxymethylene for manufacturing components such as gears, bearings, and fuel systems. |
4.2.2 Rising investments in infrastructure development projects in Ethiopia, driving the demand for polyoxymethylene in construction applications. |
4.2.3 Increasing awareness about the benefits of using polyoxymethylene, such as high strength, stiffness, and chemical resistance, in various end-use industries. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the cost of polyoxymethylene production. |
4.3.2 Lack of skilled labor and technical expertise for handling and processing polyoxymethylene, hindering market growth. |
4.3.3 Stringent environmental regulations and concerns regarding the recyclability and biodegradability of polyoxymethylene affecting market adoption. |
5 Ethiopia Polyoxymethylene Market Trends |
6 Ethiopia Polyoxymethylene Market Segmentations |
6.1 Ethiopia Polyoxymethylene Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Polyoxymethylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.3 Ethiopia Polyoxymethylene Market Revenues & Volume, By Consumer, 2021-2031F |
6.1.4 Ethiopia Polyoxymethylene Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Ethiopia Polyoxymethylene Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.6 Ethiopia Polyoxymethylene Market Revenues & Volume, By Others, 2021-2031F |
7 Ethiopia Polyoxymethylene Market Import-Export Trade Statistics |
7.1 Ethiopia Polyoxymethylene Market Export to Major Countries |
7.2 Ethiopia Polyoxymethylene Market Imports from Major Countries |
8 Ethiopia Polyoxymethylene Market Key Performance Indicators |
8.1 Adoption rate of polyoxymethylene in new applications or industries. |
8.2 Rate of innovation and development of new polyoxymethylene grades or formulations. |
8.3 Percentage of market share held by polyoxymethylene compared to alternative materials. |
8.4 Customer satisfaction levels and feedback on the performance of polyoxymethylene products. |
8.5 Number of patents filed for polyoxymethylene-based technologies or applications. |
9 Ethiopia Polyoxymethylene Market - Opportunity Assessment |
9.1 Ethiopia Polyoxymethylene Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ethiopia Polyoxymethylene Market - Competitive Landscape |
10.1 Ethiopia Polyoxymethylene Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Polyoxymethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |