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Medical Polyoxymethylene Market Share

  • Report ID: GMI11810
  • Published Date: Oct 2024
  • Report Format: PDF

Medical Polyoxymethylene Market Share

ASAHI KASEI CORPORATION, BASF SE, Celanese Corporation, Delrin USA, LLC and Ensinger collectively dominate the medical polyoxymethylene industry with their extensive industry experience, innovative product offerings, and widespread global presence.
 

Asahi Kasei Corporation is a global leader in chemical and material production, with a strong focus on healthcare solutions. The company offers high-performance polymers, including polyoxymethylene (POM), which is widely used in medical device components due to its mechanical strength and durability. Asahi Kasei’s expertise in producing advanced medical materials positions it as a key player in the global market. BASF SE is one of the largest chemical producers in the world, known for its extensive portfolio of engineering plastics, including POM. BASF’s medical-grade polyoxymethylene is utilized in various healthcare applications, such as insulin pens and inhalers, for its excellent chemical resistance and biocompatibility. The company’s innovations in healthcare materials contribute significantly to the growth of the medical POM market.
 

Celanese Corporation is a leading manufacturer of specialty materials and chemicals, including its renowned polyoxymethylene product line. Celanese’s POM is highly valued in the medical industry for its dimensional stability and resistance to wear, making it ideal for precision devices like surgical instruments and drug delivery systems. Its strong focus on healthcare applications makes it a key player in the medical POM market. Delrin USA, LLC, a subsidiary of DuPont, specializes in producing Delrin, a high-performance acetal resin widely used in the medical field. Delrin POM is preferred for medical devices due to its strength, low friction, and ease of machining, making it suitable for components in dialysis machines, inhalers, and other precision medical instruments. Delrin’s contributions are essential to the medical polyoxymethylene market. Ensinger is a global manufacturer of high-performance plastics, including medical-grade POM, designed to meet stringent healthcare standards. Ensinger’s polyoxymethylene is commonly used in surgical instrument handles, medical trays, and diagnostic equipment, where durability and sterilization resistance are crucial. The company’s focus on innovation and material quality positions it strongly in the medical POM market.
 

These market leaders collectively shape the competitive landscape of the Medical polyoxymethylene industry, driving innovation, setting industry standards, and meeting the evolving demands of customers worldwide. With their focus on research and development, technological advancements, and strategic partnerships, these companies continue to expand their market share and strengthen their foothold in key regions. Their relentless pursuit of excellence, coupled with their customer-centric approach, positions them as preferred suppliers of Medical polyoxymethylene, contributing significantly to the growth and development of the global construction industry.
 

Medical Polyoxymethylene Market Companies

Major players operating in the medical polyoxymethylene industry include:

  • ASAHI KASEI CORPORATION
  • BASF SE
  • Celanese Corporation
  • Delrin USA, LLC
  • Ensinger
  • GLOBAL POLYACETAL CO., LTD.
  • Kolon ENP
  • Mitsubishi Chemical Corporation
  • Polyplastics Co., Ltd.
  • SABIC
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for medical polyoxymethylene was valued at approximately USD 118.4 million in 2023 and is expected to reach around USD 200.7 million by 2032, driven by a CAGR of over 6.3% from 2024 to 2032.

Dialysis machines accounted for a 30% market share in 2023 and are expected to grow significantly by 2032, driven by the rising prevalence of kidney-related diseases globally.

North America market generated USD 39.4 million in 2023, driven by its well-established healthcare infrastructure and significant investment in healthcare R&D.

Major players in the industry include ASAHI KASEI CORPORATION, BASF SE, Celanese Corporation, Delrin USA, LLC, Ensinger, GLOBAL POLYACETAL CO., LTD., Kolon ENP, Mitsubishi Chemical Corporation, Polyplastics Co., Ltd., and SABIC.

Medical Polyoxymethylene Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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