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Showing posts from April, 2023

Global Polyoxymethylene (POM or Polyacetal) Market to Reach 4.2M Metrics Tons by 2028 Driven by Growth in Asia-Pacific - Industry Experts, Inc.

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Industry Experts, Inc. published the new market research report " Polyoxymethylene (POM) – A Global Market Overview ". As per analysts at Industry Experts, global POM demand has bounced back in 2022 and is further expected to maintain a CAGR of 3.6% through 2028. Future growth will be driven mainly by the automotive and electronics sectors. Polyoxymethylene (POM) is commonly used as a direct replacement for metals due to its stiffness, dimensional stability and corrosion resistance and is widely used in the production of precision parts for applications including automotive, electrical & electronics, industrial and medical. POM resins are available in homopolymer and copolymer formats, with acetal copolymers offering high toughness over a wide range of temperatures, with greater resistance to hot water, hot air, and creep, as against homopolymers. However, homopolymers offer better mechanical and thermal properties. Demand for polyoxymethylene (POM) worldwide was decli

Global Polymethyl Methacrylate (PMMA) Market to Reach 2.8M MTs | Research Report (2022-2028) by Industry Experts, Inc

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Industry Experts, Inc. unveiled a global market research report on Polymethyl Methacrylate (PMMA). The new report entitled " Polymethyl Methacrylate (PMMA) – A Global Market Overview " thoroughly analyzes the global market including end-use applications and the impact of Covid-19. The production capacities are listed by major manufacturers and by key regions. PMMA offers unique properties such as outstanding light transmission, inherently stable to UV-light, and excellent scratch and impact resistance. These properties make PMMA the ideal material for several applications in sectors like transportation, architecture, electronics and medical. Building & construction, automotive and electrical & electronics are the three largest markets for PMMA with a combined share of around 77% in 2022. Impact of COVID-19 on the global PMMA compounds and sheets market was moderate in 2020, attributed to robust demand for protective/barrier screens partially offsetting huge decline

Recovering from Pandemic Impact Global Polyamides (PA6 and PA66) Market to Reach 5.6M Metric Tons by 2028

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Industry Experts, Inc. released a global market research report on Polyamides (PA6 and PA66). The new report entitled " Polyamides (PA6, PA66) – A Global Market Overview " thoroughly analyzes the global market including end-use applications and the impact of Covid-19. The production capacities are listed by major manufacturers and by key regions. Polyamides (PA6 and PA66) demand has recovered sharply in 2021 after a 6.2% YOY decline in 2020 and is further expected to maintain a CAGR of 3.9% through 2028. Growth will be strong in automotive & transportation, electrical & electronics and appliances sectors. Automotive & transportation is the largest application for polyamides globally. While several application sectors of polyamides were impacted negatively by the COVID-19 pandemic, electrical & electronics sector has generally not had any negative impact but rather demand was accelerated at a healthy rate during 2019-2022 period. Amid the firm demand for mobi