Polyoxymethylene (POM) is an engineering thermoplastic that is used in commercial as well as industrial applications. It is majorly employed in precision parts that require low friction, high stiffness and significant dimensional stability. Polyoxymethylene (POM) is widely used in automotive, electrical and electronic and consumer goods industries, among others. The polyoxymethylene (POM) market is anticipated to expand significantly in the near future due to its growing applications, especially in automotive and electrical industries. Polymers have been a vital part of the food industry due to factors such as their low cost, mechanical strength and ease in manufacturing and processing. Hence, demand for plastic from the food industry is expected to strengthen the market for polyoxymethylene (POM), thereby creating new opportunities in the near future. However, competition from bio-based engineering plastics is anticipated to be a restraining factor for the polyoxymethylene (POM) market. Browse Full Market Report ,Here : http://www.transparencymarketresearch.com/polyoxymethylene-market.html
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