Polyoxymethylene Market worth $3.3 Billion by 2018

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MarketsandMarkets Presents
Polyoxymethylene Market worth 3.3 Billion by 2018
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lyoxymethylene-market-126414942.html
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The report Polyoxymethylene Market by
Applications (Electrical Electronics, Consumer,
Industrial, Transportation, and Others)
Geography - Trends Forecasts to 2018, defines
and segments the Polyoxymethylene Market with
analysis and forecasting of the revenue and
consumption. It also identifies the driving and
restraining factors for the Polyoxymethylene
Market with the analysis of trends,
opportunities, burning issues, and winning
imperatives. The market is segmented, and the
consumption and revenues are forecasted on the
basis of major regions such as North America,
Western Europe, the Asia-Pacific, and Rest of the
World (ROW). The key countries are covered and
forecasted for each region. Further, the market
is segmented and revenues are forecasted on the
basis of major end-user industries such as
electrical electronics, industrial, consumer,
transportation, and others. Browse gtgt
72 data tables 23 figures 164 pages
and in-depth TOC on Polyoxymethylene
Market http//www.marketsandmarkets.com/Market-R
eports/polyoxymethylene-market-126414942.html
Early buyers will receive 10 customization on
this report.
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POM is a high performance engineering plastic
that is used as light weight metal replacement
plastic due to its various desirable properties.
Its increasing application area in transportation
industry and scope of development of the
copolymer grade has fuelled the growth of POM,
globally. POM replaces metals in various
applications as its impact resistance is high and
it weighs lighter than the metal. These factors
add to the growth of the POM market.
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lyoxymethylene-market-126414942.html
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Electrical and Electronics - Major Market for
POM POM is mainly used in electrical
electronics, industrial, consumer,
transportation, and other applications. POM is
used in a wide range of applications from fuel
systems to capacitors. The use of POM by these
industries helps them in making more efficient
and effective products, to deliver better
performance. POM market to reach 3.3 Billion by
2018 The Polyoxymethylene Market in terms of
revenue was estimated to be worth 2.2 Billion in
2012 and is expected to reach 3.3 Billion by
2018, expected to grow at a CAGR of 6.2, in
terms of revenue, from 2013 to 2018. APAC region
dominated the POM market, accounting for 45.6 of
the POM market revenue in 2012. APAC is expected
to have the highest market revenue in 2018
followed by the Western European market. ROW, a
collection of individual country markets, is
expected to be the fastest growing market in the
future, with a CAGR of 8.6 from 2013 to 2018,
owing to the rising consumption in this region
where the end-user markets of POM are growing
steadily. The Western European market is expected
to grow at a rate of 6.2, in revenue terms and
4.1 in consumption terms from 2013 to 2018.
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lyoxymethylene-market-126414942.html
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