Product Code: ETC4502728 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The polyoxymethylene (POM) market in Singapore is witnessing growth as the demand for engineering plastics with excellent dimensional stability and low friction properties continues to increase. POM, also known as acetal, is widely used in industries such as automotive, electronics, and consumer goods. Its properties, including good chemical resistance and mechanical strength, make it a preferred choice for various applications. Market growth is driven by the need for precision components, low wear and friction, and resistance to moisture and chemicals. Key players in the Singapore POM market are focused on product innovation and customization to meet specific application requirements, contributing to market expansion.
The Singapore Polyoxymethylene (POM) market is driven by its applications in engineering plastics, particularly in the automotive and consumer goods industries. POM, also known as acetal, offers excellent mechanical properties and dimensional stability. As industries seek materials that can withstand wear and provide precision in various components, the demand for POM is expected to rise, supporting the production of durable and functional products.
The Singapore Polyoxymethylene Market faces challenges related to material versatility and performance. Offering polyoxymethylene materials that cater to various engineering applications, including automotive, electronics, and consumer goods, is essential. Ensuring that these materials meet performance and durability requirements in diverse sectors is vital. Overcoming concerns about material stability and addressing the need for material customization and quality control are important challenges. Additionally, competition from other engineering plastics and the need to establish polyoxymethylene as a reliable choice in precision engineering applications are ongoing challenges in this market.
The Singapore polyoxymethylene market faced challenges during the COVID-19 pandemic. Polyoxymethylene, commonly used in engineering and automotive applications, saw reduced demand as manufacturing and production slowed down. The pandemic emphasized the importance of resilient and durable materials, which is expected to drive the recovery of the polyoxymethylene market as industries stabilize.
Within the Singapore Polyoxymethylene market, leading players include Celanese Corporation, a global chemical company known for their high-quality polyoxymethylene products. DuPont also offers a range of POM materials, contributing significantly to the market. SABIC is another key player, providing innovative POM solutions for different industries in Singapore.
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 Singapore Polyoxymethylene Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Polyoxymethylene Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Polyoxymethylene Market - Industry Life Cycle |
3.4 Singapore Polyoxymethylene Market - Porter's Five Forces |
3.5 Singapore Polyoxymethylene Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Singapore Polyoxymethylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Polyoxymethylene Market Trends |
6 Singapore Polyoxymethylene Market, By Types |
6.1 Singapore Polyoxymethylene Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Singapore Polyoxymethylene Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Singapore Polyoxymethylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.1.4 Singapore Polyoxymethylene Market Revenues & Volume, By Consumer, 2021-2031F |
6.1.5 Singapore Polyoxymethylene Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.6 Singapore Polyoxymethylene Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.7 Singapore Polyoxymethylene Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Polyoxymethylene Market Import-Export Trade Statistics |
7.1 Singapore Polyoxymethylene Market Export to Major Countries |
7.2 Singapore Polyoxymethylene Market Imports from Major Countries |
8 Singapore Polyoxymethylene Market Key Performance Indicators |
9 Singapore Polyoxymethylene Market - Opportunity Assessment |
9.1 Singapore Polyoxymethylene Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Singapore Polyoxymethylene Market - Competitive Landscape |
10.1 Singapore Polyoxymethylene Market Revenue Share, By Companies, 2024 |
10.2 Singapore Polyoxymethylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |