Global Polyoxymethylene Market Size, Share, Growth and Trend Analysis Report, 2032

Summary
Market Landscape
Methodology
Table of Contents

Global Polyoxymethylene Market Size, Share & Growth and Trend Analysis Report, By Type, By Application, By Processing Method, By Grade and By Region (Asia Pacific, Europe, North America, Latin America and Middle East & Africa) and Forecasts 2025 – 2032.

Polyoxymethylene (POM), also known as acetal, is a high-performance engineering thermoplastic known for its stiffness, low friction, and excellent wear resistance. It is widely used in automotive, electrical, and industrial applications due to its strength, dimensional stability, and self-lubricating properties.

The Polyoxymethylene Market was valued at approximately USD XX billion in 2024. It is projected to grow to USD XX billion by 2032, with approximately compound annual growth rate (CAGR) of around 4% from 2025 to 2032.

Industry Trends

The Polyoxymethylene (POM) market is experiencing significant advancements, driven by its increasing adoption in precision engineering, automotive, and consumer electronics applications.

Innovations in high-performance POM grades, improved wear resistance, and bio-based alternatives are catering to evolving industry demands. The integration of POM in lightweight automotive components and miniaturized electronic parts is further enhancing its market appeal.

The market is witnessing steady growth due to rising demand for durable and high-strength plastics, stringent regulatory focus on fuel efficiency, and the replacement of metal components with advanced polymers. Sustainability trends are pushing manufacturers to develop eco-friendly and recyclable POM variants, aligning with global environmental initiatives.

However, there are challenges such as fluctuating raw material costs and regulatory restrictions on formaldehyde emissions. Opportunities exist in expanding applications in medical devices, electric vehicles, and sustainable packaging. These trends are shaping the future trajectory of the POM market.

TT Consultants’ Perspective

The Polyoxymethylene (POM) market is witnessing steady growth, driven by increasing demand across automotive, electrical and electronics, and industrial applications. Its high strength, durability, and resistance to wear make it a preferred engineering thermoplastic in precision components, particularly in automotive fuel systems, gears, and electrical insulation.

Manufacturers are focusing on innovation, enhancing material properties to improve thermal stability, impact resistance, and recyclability, addressing both performance and sustainability concerns.

As industries prioritize lightweight and high-performance materials, key players are expanding their market presence through R&D investments, technological advancements, and strategic partnerships.

The adoption of bio-based POM is also gaining traction, aligning with global sustainability goals and regulatory frameworks. Additionally, with advancements in manufacturing processes and polymer blending techniques, companies are developing specialized grades to meet the evolving demands of high-precision industries.

The market’s evolution is further supported by increasing applications in consumer goods and healthcare, where POM’s low friction and chemical resistance offer significant advantages.

Market Segmentation

1. By Type (Homopolymer, Copolymer)

The Polyoxymethylene (POM) market is segmented by type, with Homopolymer POM holding the largest market share of XX% in 2024 due to its superior mechanical strength, stiffness, and high crystallinity.

Its widespread use in precision engineering applications, including automotive gears, industrial machinery, and consumer electronics, continues to drive its demand.

The material’s excellent wear resistance and low friction properties make it a preferred choice in demanding environments. Meanwhile, Copolymer POM is witnessing increased adoption, particularly in applications requiring enhanced thermal and chemical resistance.

The material’s improved stability against oxidation and hydrolysis makes it ideal for medical devices, fluid handling systems, and electrical components.

As industries seek high-performance and durable engineering plastics, both homopolymer and copolymer POM continue to evolve, with manufacturers focusing on sustainable alternatives and performance-enhanced formulations to meet growing market demands.

2. By Application (Automotive, Electrical and Electronics, Consumer Goods, Industrial Machinery, Medical and Healthcare)

The Automotive sector holds the largest market share of XX% in 2024, driven by the increasing use of Polyoxymethylene (POM) in fuel system components, gears, bearings, and interior applications. Its lightweight properties, high durability, and resistance to wear make it a preferred alternative to metal parts, contributing to improved fuel efficiency and vehicle performance.

The Electrical and Electronics industry is a rapidly expanding segment of the Polyoxymethylene Market, benefiting from POM’s excellent insulation properties, dimensional stability, and resistance to moisture. It is widely used in connectors, switches, and circuit breaker components.

In Consumer Goods, POM is in demand for precision applications such as zippers, locks, and household appliances due to its strength and low friction.

The Industrial Machinery sector is leveraging POM’s high mechanical strength and chemical resistance for applications in conveyor systems, pump components, and gear assemblies.

Meanwhile, Medical and Healthcare applications are growing as POM finds increased use in drug delivery systems, surgical instruments, and orthopaedic devices, thanks to its biocompatibility and ease of sterilization.

With advancements in material innovation and sustainability efforts, POM continues to see expanded applications across various industries.

3. By Grade (Standard Grade, High-Performance Grade, Specialty Grade)

The Standard Grade segment holds the largest market share of XX% in 2024, driven by its widespread use in general engineering applications across automotive, consumer goods, and industrial sectors.

Its cost-effectiveness, ease of processing, and balanced mechanical properties make it a preferred choice for mass-produced components such as gears, fasteners, and appliance parts.

The High-Performance Grade segment is gaining traction in the Polyoxymethylene Market, particularly in industries requiring superior wear resistance, thermal stability, and low friction.

Applications in precision engineering, aerospace, and advanced automotive systems are fueling demand for this grade.

Meanwhile, the Specialty Grade segment is expanding as manufacturers develop customized formulations with enhanced properties such as electrostatic dissipation, flame retardancy, and improved chemical resistance. These specialty variants are increasingly used in medical devices, electronics, and high-end industrial machinery, ensuring durability and regulatory compliance in demanding applications.

Competitive Scenario

The global Polyoxymethylene (POM) market is driven by key players such as Celanese Corporation, DuPont, and Polyplastics, which lead in high-performance thermoplastics for automotive, electronics, and industrial applications.

Evonik and BASF focus on specialty-grade POM formulations, while Sumitomo Chemical, Mitsubishi Chemical, and SK Global Chemical expand their portfolios with advanced copolymer variants.

SABIC, LG Chem, and China Petroleum Chemical Corporation leverage large-scale production and integrated supply chains to meet rising demand.

As competition intensifies, companies are investing in R&D, sustainability, and application-specific innovations to enhance performance, regulatory compliance, and market expansion.

Strategic Activities

In January 2025, China recently decided to implement temporary anti-dumping duty (ADD) on imported polyformaldehyde (POM) copolymer originating in the United States, the European Union (EU), Japan and Taiwan, beginning January 24, according to the country’s ministry of commerce.
In November 2024, Polyplastics Group announced the start of operations at their new Polyoxymethylene manufacturing plant in Nantong, China. This facility aims to meet the growing demand for Polyoxymethylene in the region by improving lead times and reducing transportation costs.
In November 2024, Mitsubishi Gas Chemical Company, Inc. reported that their Polyoxymethylene production company, DP Engineering Plastics (Nantong) Co., Ltd., commenced commercial operations at the end of November 2024, enhancing their production capabilities in China.
In October 2023, BASF restructured its European distribution for Ultraform® (POM), transferring sales processes to trusted trading partners ALBIS and Ultrapolymers Group to enhance efficiency and customer service.