| Product Code: ETC8629009 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, Nigeria`s medical polyoxymethylene (POM) import shipments saw impressive growth with a CAGR of 40.87% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -20.31%. The top exporting countries to Nigeria in 2024 were China, South Korea, Singapore, UAE, and Saudi Arabia. This data highlights the strong demand for POM in the Nigerian medical sector and the continued reliance on key suppliers for this essential material.

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 Nigeria Medical Polyoxymethylene (POM) Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Medical Polyoxymethylene (POM) Market - Industry Life Cycle |
3.4 Nigeria Medical Polyoxymethylene (POM) Market - Porter's Five Forces |
3.5 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Medical Polyoxymethylene (POM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance plastics in the healthcare sector |
4.2.2 Growing focus on improving healthcare infrastructure in Nigeria |
4.2.3 Technological advancements leading to new applications of polyoxymethylene (POM) in medical devices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of POM |
4.3.2 Regulatory challenges related to the use of plastics in healthcare applications |
5 Nigeria Medical Polyoxymethylene (POM) Market Trends |
6 Nigeria Medical Polyoxymethylene (POM) Market, By Types |
6.1 Nigeria Medical Polyoxymethylene (POM) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Homopolymer POM, 2021- 2031F |
6.1.4 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Copolymer POM, 2021- 2031F |
6.2 Nigeria Medical Polyoxymethylene (POM) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Dialysis Machine, 2021- 2031F |
6.2.3 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Handles for Surgical Instruments, 2021- 2031F |
6.2.4 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Inhalers, 2021- 2031F |
6.2.5 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Insulin Pen, 2021- 2031F |
6.2.6 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Medical Trays, 2021- 2031F |
6.2.7 Nigeria Medical Polyoxymethylene (POM) Market Revenues & Volume, By Pharmaceutical Closures, 2021- 2031F |
7 Nigeria Medical Polyoxymethylene (POM) Market Import-Export Trade Statistics |
7.1 Nigeria Medical Polyoxymethylene (POM) Market Export to Major Countries |
7.2 Nigeria Medical Polyoxymethylene (POM) Market Imports from Major Countries |
8 Nigeria Medical Polyoxymethylene (POM) Market Key Performance Indicators |
8.1 Adoption rate of POM in medical device manufacturing |
8.2 Research and development investment in POM for medical applications |
8.3 Number of patents filed for new POM-based medical products |
8.4 Rate of technological innovation in POM processing techniques for medical use |
9 Nigeria Medical Polyoxymethylene (POM) Market - Opportunity Assessment |
9.1 Nigeria Medical Polyoxymethylene (POM) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Medical Polyoxymethylene (POM) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Medical Polyoxymethylene (POM) Market - Competitive Landscape |
10.1 Nigeria Medical Polyoxymethylene (POM) Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Medical Polyoxymethylene (POM) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |