Polyacetal Market
                     Polyacetal Market To 
Reach USD 5.88 
Billion By 2027
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The increase in construction activities and expansion of automotive sector all across the 
globe is driving the Polyacetal market.
Market Size – USD 3.02 Billion in 2018, Market Growth - CAGR of 7.6%, Market Trends – 
High demand from the APAC region.
 The global Polyacetal market is forecast to reach USD 5.88 Billion by 2027, according to a new 
report by Reports and Data. Polyacetal has various constructive properties, such as easy-to-
modify nature, electrical and thermal insulation, shatter-resistance, and lightweight nature.
These properties are making it ideal for usage in the electrical and electronics segment. Some of 
the most important applications of Polyacetal are circuit boards, electric housing, enclosures, 
switches and wiring components, sockets and connectors, and cooling systems, among others.
The growing demand for Polyacetal market in the medical industry is also propelling market 
demand. The application of the product in this field is diverse and ranges from segments such as 
the spine, joint reconstruction, and traumatology, among others. It is also used in the 
manufacture of pacemakers and artificial heart valves. This increasing application in the medical 
industry will positively influence the demand for Polyacetal during the forecast period.
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Market Summary
Beneficial Aspects of the Report:
The Asia Pacific region is forecasted to grow with a higher CAGR in the electronics industry. China, Japan, 
and South Korea are among the largest electronic manufacturers globally. The growing application of 
Polyacetal in the electronic industry is boosting market demand. The expanding automotive industry in the 
region is also propelling market demand in the region.
The growing trend of substituting metal parts in automotive with plastic materials is a primary driving 
factor of the Polyacetal market. The application of polymers and engineered materials has witnessed a 
surge in demand in the recent past. The growing usage of Polyacetal in vehicles is shaping the visual appeal 
of automotive, their economy, functionality, and fuel consumption.
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Market Summary
Some of the key players operating in the Market include: 
Asahi Kasei Chemicals Co., SABIC, DuPont, Celanese Corporation, A. Schulman, Mitsubishi Engineering 
Plastics, Korea Engineering Plastics Company Limited, Polyplastics Co. Ltd., Formosa Plastics 
Corporation, and Kolon Plastic Inc. among others.
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Homopolymer
Copolymer
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Market Summary
Further key findings from the report suggest
Fabrication Method Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Injection Molding
Extrusion
Others
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Consumer Goods
Automotive
Electrical and Electronics
Industrial
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