Product Code: ETC4502757 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Polyoxymethylene, or acetal, is a high-performance engineering plastic used in automotive, electronics, and consumer goods industries in Ghana for its stiffness, toughness, and chemical resistance. The polyoxymethylene market is driven by demand for lightweight and durable materials.
The growth of Ghana polyoxymethylene market is driven by the expanding automotive and consumer goods industries. Polyoxymethylene, also known as POM, is widely used in automotive components, electrical appliances, and consumer goods due to its high stiffness, low friction, and excellent dimensional stability.
Technical constraints and market acceptance pose significant challenges to the Ghana polyoxymethylene (POM) market. Limited access to advanced manufacturing technologies and expertise hampers the production of high-quality POM products. Additionally, educating end-users about the benefits and applications of POM is crucial for increasing market acceptance. Lack of awareness about POM`s properties and performance capabilities among consumers and industries contributes to sluggish market growth. Collaborative efforts between manufacturers, distributors, and industry associations are essential to address these challenges and promote the adoption of POM in various sectors.
Recognizing the importance of polyoxymethylene (POM) in various industrial applications, the government of Ghana has instituted policies to promote the development and adoption of POM technologies. These policies focus on fostering research and development collaborations, providing funding support for POM projects, and promoting technology transfer and commercialization initiatives. Additionally, the government emphasizes the importance of regulatory frameworks to ensure the safety, quality, and environmental sustainability of POM products in the Ghana market.
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 Ghana Polyoxymethylene Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Polyoxymethylene Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Polyoxymethylene Market - Industry Life Cycle |
3.4 Ghana Polyoxymethylene Market - Porter's Five Forces |
3.5 Ghana Polyoxymethylene Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ghana Polyoxymethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries, where polyoxymethylene is used for its high strength-to-weight ratio. |
4.2.2 Growth in the consumer goods industry in Ghana, leading to higher demand for polyoxymethylene in products such as appliances, furniture, and toys. |
4.2.3 Government initiatives to promote manufacturing and industrial development in Ghana, boosting the overall demand for engineering plastics like polyoxymethylene. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, particularly formaldehyde, which is a key component in the production of polyoxymethylene. |
4.3.2 Lack of awareness and limited adoption of polyoxymethylene in certain industries in Ghana, hindering market growth. |
4.3.3 Regulatory challenges related to environmental concerns and disposal of polyoxymethylene products, leading to potential restrictions on usage. |
5 Ghana Polyoxymethylene Market Trends |
6 Ghana Polyoxymethylene Market, By Types |
6.1 Ghana Polyoxymethylene Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Ghana Polyoxymethylene Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Ghana Polyoxymethylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.4 Ghana Polyoxymethylene Market Revenues & Volume, By Consumer, 2021-2031F |
6.1.5 Ghana Polyoxymethylene Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.6 Ghana Polyoxymethylene Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.7 Ghana Polyoxymethylene Market Revenues & Volume, By Others, 2021-2031F |
7 Ghana Polyoxymethylene Market Import-Export Trade Statistics |
7.1 Ghana Polyoxymethylene Market Export to Major Countries |
7.2 Ghana Polyoxymethylene Market Imports from Major Countries |
8 Ghana Polyoxymethylene Market Key Performance Indicators |
8.1 Average selling price (ASP) of polyoxymethylene products in the Ghanaian market. |
8.2 Adoption rate of polyoxymethylene in key industries such as automotive, consumer goods, and electronics. |
8.3 Investment in research and development (RD) for new applications and formulations of polyoxymethylene in Ghana. |
8.4 Percentage of manufacturing facilities in Ghana equipped for polyoxymethylene production. |
8.5 Number of partnerships and collaborations between polyoxymethylene manufacturers and end-users in Ghana. |
9 Ghana Polyoxymethylene Market - Opportunity Assessment |
9.1 Ghana Polyoxymethylene Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ghana Polyoxymethylene Market - Competitive Landscape |
10.1 Ghana Polyoxymethylene Market Revenue Share, By Companies, 2024 |
10.2 Ghana Polyoxymethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |