Introduction to the Global Polyacetal Resins Market
Early polyacetal resins market were a challenge for moulders since the polymer chains needed to be stabilised to stop the resin from degrading during processing at high temperatures. One of the first engineering thermoplastics, polyacetal resin, is still in use today and is more affordable than other engineering thermoplastics. It is utilised in a variety of applications as a successful alternative to traditional metal markets.
In a variety of end-use applications, polyacetal resins take the place of brass, aluminium, die-cast zinc, and steel. Polyacetal resins, also known as acetal or polyoxymethylene (POM) resins, are significant and useful engineering resins that have exceptional wear resistance in addition to excellent thermal, chemical, electrical, and mechanical properties. These properties include good lubricity under a variety of environmental conditions, such as moisture and heat, low coefficient of friction, and high thermal conductivity.
have a 1.35–1.60 specific gravity. As a result, resin has a distinct advantage over materials like metals, wood, ceramics, etc. Numerous chemical companies create polyacetal resins using various formulas, and they are then marketed under numerous brand names, including celcon, delrin, ramtal, kepital, duracon, and hostaform.
In medical applications, such as in prosthetic hip joints and heart valves, polyacetal resins are frequently employed. As “Dental D” for removable partial dentures, they are also used in dentistry. The resin is an excellent substitute for the removable partial denture made of chrome-cobalt due to its mechanical, biocompatibility, and improved aesthetic qualities. Products for sports and recreation, automobile parts, and mass-produced items like clips, fasteners, and spring components are all potential uses for polyacetal resins.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/15082
Global Polyacetal Resins Market: Segmentation
The global Polyacetal resins market can be segmented on the basis of end-use industry mainly.
Based on the end-use industry, the global polyacetal resins market can be segmented into
- Electrical & Electronics
- Automotive
- Consumer Appliance
- Healthcare
- Others
The automotive, consumer appliance and electrical industries are the major end-users of polyacetal resins; accounted for over 2/3rd share of the overall consumption in 2016. Others end-use industries include plumbing, sheets/tubes, medical products, etc. Over the recent years, consumption of the resins have grown significantly.
Market Dynamics for Polyacetal Resins Worldwide
In the developing nations of Latin America, Eastern Europe, and Asia-Pacific, rising purchasing power will stimulate demand for household appliances, cars, consumer goods, and medical products. This will in turn stimulate demand for polyacetal resins, driving the expansion of the global polyacetal resins market.
The use of polyacetal resins in the packaging and food industries has been made possible by recent innovations and improvements in the market. Growth in the packaging and food industries is primarily attributable to developing nations, where consumers’ preferences for processed foods have increased recently. Therefore, during the course of the projection period, the market for polyacetal resins will have considerable development potential due to the penetration of polyacetal resins into the packaging and food industries.
Global Polyacetal Resins Market: Region-Wise Outlook
Considering regions, Asia-Pacific dominates the polyacetal resins market and is expected to remain the dominating region over the forecast period followed by Europe, United States and other regions of the world. Over the past years, the consumption of polyacetal resins has grown significantly, with major growth coming from the Asia-Pacific region, which is primarily driven by the consumption in automotive, electrical and consumer appliance applications.
The pattern for consumption of polyacetal resins differ by region, with industrial and automotive applications dominating in North America, and electrical and automotive applications dominating in Japan and Europe, whereas, the China market is led by consumer products and electrical applications.
For in-depth competitive analysis, Check Pre-Book here @ https://www.persistencemarketresearch.com/checkout/15082
Examples of some of the market participants in the Polyacetal Resins market identified across the value chain include DuPont
• Asahi Kasei Corporation
• BASF SE
• Inc.
• KTP Industries
• Korea Engineering Plastics Co.
• Ltd.
• and Celanese Corporation among others.
Manufacturers are focusing on product development in order to maintain their competitive edge in the global polyacetal resins market.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/15082
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]