| Product Code: ETC8632975 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see a high concentration of Polyoxymethylene (POM) homopolymer import shipments, with top exporters being China, South Korea, Singapore, UAE, and Saudi Arabia. Despite a notable negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained impressively high at 40.87%. The persistence of a very high Herfindahl-Hirschman Index (HHI) indicates a dominant market presence of these key exporting countries in the Nigerian POM homopolymer market, suggesting a continued reliance on these sources for the foreseeable future.

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 Polyoxymethylene (POM) Homopolymer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyoxymethylene (POM) Homopolymer Market - Industry Life Cycle |
3.4 Nigeria Polyoxymethylene (POM) Homopolymer Market - Porter's Five Forces |
3.5 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Grades, 2021 & 2031F |
3.7 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Nigeria Polyoxymethylene (POM) Homopolymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and industrial applications |
4.2.2 Growth in the manufacturing sector in Nigeria |
4.2.3 Advancements in technology leading to improved POM properties |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials like polyethylene and polypropylene |
4.3.3 Regulatory challenges and environmental concerns related to POM production |
5 Nigeria Polyoxymethylene (POM) Homopolymer Market Trends |
6 Nigeria Polyoxymethylene (POM) Homopolymer Market, By Types |
6.1 Nigeria Polyoxymethylene (POM) Homopolymer Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Sheets, 2021- 2031F |
6.1.4 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Rods, 2021- 2031F |
6.1.5 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Tubes, 2021- 2031F |
6.2 Nigeria Polyoxymethylene (POM) Homopolymer Market, By Grades |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Standard, 2021- 2031F |
6.2.3 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Reinforced, 2021- 2031F |
6.2.4 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Impact Modified, 2021- 2031F |
6.2.5 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Recycled, 2021- 2031F |
6.2.6 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Special Grade, 2021- 2031F |
6.3 Nigeria Polyoxymethylene (POM) Homopolymer Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Gears, 2021- 2031F |
6.3.3 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Engineering Parts, 2021- 2031F |
6.3.4 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Medical Delivery Devices, 2021- 2031F |
6.4 Nigeria Polyoxymethylene (POM) Homopolymer Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.3 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Medical, 2021- 2031F |
6.4.4 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Food Packaging, 2021- 2031F |
6.4.5 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.4.6 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Appliances, 2021- 2031F |
6.4.7 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Polyoxymethylene (POM) Homopolymer Market Import-Export Trade Statistics |
7.1 Nigeria Polyoxymethylene (POM) Homopolymer Market Export to Major Countries |
7.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Imports from Major Countries |
8 Nigeria Polyoxymethylene (POM) Homopolymer Market Key Performance Indicators |
8.1 Average selling price of POM homopolymer in Nigeria |
8.2 Adoption rate of POM homopolymer in key industries |
8.3 Investment in research and development for POM homopolymer formulations |
8.4 Number of new applications or use cases for POM homopolymer emerging in the market |
8.5 Sustainability metrics related to POM homopolymer production and usage in Nigeria |
9 Nigeria Polyoxymethylene (POM) Homopolymer Market - Opportunity Assessment |
9.1 Nigeria Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Grades, 2021 & 2031F |
9.3 Nigeria Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Nigeria Polyoxymethylene (POM) Homopolymer Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Nigeria Polyoxymethylene (POM) Homopolymer Market - Competitive Landscape |
10.1 Nigeria Polyoxymethylene (POM) Homopolymer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyoxymethylene (POM) Homopolymer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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