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The acetal copolymer resin is a compound that helps in making plastic. It is also known as polyoxymethylene (POM) and is used in wide range of manufacturing applications where strength, low moisture, chemical resistance, and dimension stability is required. This acetal copolymer material is a semi-crystalline thermoplastic, which has excellent machining characteristics, which include bearing & wear, and chemical resistance. Additional properties such as sharp melting point, low material weight and less frictional properties increases its demand in the market. The products that are made using acetal copolymer are Gear wheels, lock systems, rollers, bearings, buckles, bushings, fixtures, jigs, valves, Wear strips and padding, and fasteners and various other components like washers, discs, and spacers. Acetal copolymer is majorly used in the automotive and electronic sectors.
COVID-19 Impact analysis
The acetal copolymer market is expected to witness an increase in demand owing to its properties such as tensile strength, flexural modulus, heat deflection temperature, maximum continuous service temperature in air, water absorption, coefficient of linear thermal expansion, and coefficient of friction (dynamic). Delrin and nylon are the major substitutes of acetal copolymer in the market which show similar properties. This factor is expected to hamper the growth of the global acetal copolymer market during the forecast period. At present, the global acetal copolymer market is expected to witness growth opportunities owing to the presence of major players operating in the market investing heavily on R&D and aiming on quality improvement such as poor UV stability, and slow ceiling temperature. Over the last few years, there has been an increase in the demand for acetal copolymer in various other sectors including medical, food industry, furniture, packaging, sports, and clothing, is expected to drive the growth of acetal copolymer market during the forecast period.
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Acetal Copolymer Market Report Highlights
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Key Market Players | DuPont, Albis Plastics, TriStar,, Badische Anilin- und Soda-Fabrik (BASF SE), Celanese, Polymer Technology and Services (PTS), RTP Company, Asahi Kasei, Beijing Ranger Chemical Co., McNeal Enterprises, Quadrant Engineering Plastics Products, Blackwell Plastics |
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