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Global Acetal Copolymer Market: By Type: Low heat resistant, Medium heat resistant, High heat resistant; By Application: Consumer Goods, Electronics, Industrial, Automotive, Food and Packaging; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Acetal Copolymer Market Outlook
The global acetal copolymer market is expected to grow in the forecast period of 2023-2028 at a CAGR of 7.50%.
Growing Use of Acetal Copolymer in the Automotive Industry Aiding the Market Growth
The extensive use of acetal copolymer in the automotive industry owing to its excellent tensile strength is bolstering the market growth. As acetal copolymers have high dimensional stability and are chemical and abrasion resistant, they are utilised in the manufacturing of acetal copolymers, thus propelling the market growth. The high tensile strength and performance of acetal copolymers are surging their use in mechanical gears, vehicle tanks, door locks, and power windows, among others. Acetal copolymer is also increasingly used as an alternative to metals to enhance the energy-efficiency of automobiles, which is fuelling the industry growth.
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The growing demand for soft and warm finishes in automotive interiors is increasing the utilisation of acetal copolymers to eliminate the deployment of painted components while providing design flexibility. Moreover, they improve the in-air quality of automobiles, which is providing further impetus to the growth of the market. With the growing cost-effectiveness of acetal copolymer, its utilisation in various end-use applications is increasing, which is estimated to invigorate the industry growth in the forecast period.
Acetal Copolymer: Market Segmentation
Acetal copolymer is a thermoplastic that is based on formaldehyde and is used in precision parts that require excellent dimensional stability. It is typically used in applications that require low moisture absorption, chemical resistance, and dimensional stability. Acetal copolymer finds its applications in industries like automotive, electronics, and food and beverages, among others.
The major types of acetal copolymer are:
- Low heat resistant
- Medium heat resistant
- High heat resistant
The market can be broadly categorised on the basis of its applications into:
- Consumer Goods
- Electronics
- Industrial
- Automotive
- Food and Packaging
- Others
The EMR report looks into the regional markets of acetal copolymer like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Use of Acetal Copolymer in the Electronics Industry to Propel the Growth of the Market
The excellent electric conductivity and heat stability of acetal copolymer is surging its use in the electronics industry. As acetal copolymer has low friction coefficient and high machinability, it is increasingly deployed in electronic components like circuit boards, insulators, and integrated circuits, among others. The rising demand for consumer electronics like televisions, laptops, refrigerators, and smartphones, among others, is also providing lucrative growth opportunities to the growth of the market for acetal copolymer.
The increasing research and development (R&D) activities to enhance the heat deflection and mechanical properties of acetal copolymer in order to increase its use in various end-use applications are expected to drive the market growth. As such copolymers have excellent impact strength, toughness, and rigidity, they are extensively used in major industries like construction, transportation, and automotive, among others. The extended durability offered by superior acetal copolymers is surging its use in mechanical components and medical-grade products, which is anticipated to provide further impetus to the growth of the market in the forecast period.
Key Industry Players in the Global Acetal Copolymer Market
The report presents a detailed analysis of the following key players in the global acetal copolymer market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BASF SE
- Celanese Corporation
- DuPont de Nemours, Inc.
- McNeal Enterprises, Inc.
- Blackwell Plastics LP
- ALBIS Distribution GmbH und Co. KG
- Asahi Kasei Corporation
- RTP Company, Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Low heat resistant, Medium heat resistant, High heat resistant |
| Breakup by Application | Consumer Goods, Electronics, Industrial, Automotive, Food and Packaging, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE, Celanese Corporation, DuPont de Nemours, Inc., McNeal Enterprises, Inc., Blackwell Plastics LP, ALBIS Distribution GmbH und Co. KG, Asahi Kasei Corporation, RTP Company, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Acetal Copolymer Market Analysis
8.1 Key Industry Highlights
8.2 Global Acetal Copolymer Historical Market (2018-2022)
8.3 Global Acetal Copolymer Market Forecast (2023-2028)
8.4 Global Acetal Copolymer Market by Type
8.4.1 Low heat resistant
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Medium heat resistant
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 High heat resistant
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Acetal Copolymer Market by Application
8.5.1 Consumer Goods
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Electronics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Automotive
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Food and Packaging
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Acetal Copolymer Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 BASF SE
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Celanese Corporation
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 DuPont de Nemours, Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 McNeal Enterprises, Inc.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Blackwell Plastics LP
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 ALBIS Distribution GmbH und Co. KG
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Asahi Kasei Corporation
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 RTP Company, Inc.
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. Global Acetal Copolymer Market: Key Industry Highlights, 2018 and 2028
2. Global Acetal Copolymer Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Acetal Copolymer Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Acetal Copolymer Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Acetal Copolymer Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Acetal Copolymer Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Acetal Copolymer Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Acetal Copolymer Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Acetal Copolymer Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Acetal Copolymer Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Acetal Copolymer Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Acetal Copolymer Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Acetal Copolymer Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Acetal Copolymer Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Acetal Copolymer Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Acetal Copolymer Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Acetal Copolymer Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Acetal Copolymer Market Structure
Key Questions Answered in the Report
The global acetal copolymer market is projected to grow at a CAGR of 7.50% between 2023 and 2028.
The market is being driven by the extensive use of acetal copolymer in the automotive industry, the growing use of acetal copolymer as an alternative to metals, and the increasing utilisation of acetal copolymers in automotive interiors.
The industry is predicted to be propelled by the excellent electric conductivity of acetal copolymer, the rising demand for consumer electronics, and the increasing research and development (R&D) activities to surge the end-use applications of acetal copolymer.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of acetal copolymer in the industry are low heat resistant, medium heat resistant, and high heat resistant.
The significant applications of acetal copolymer in the market are consumer goods, electronics, industrial, automotive, and food and packaging, among others.
The major players in the industry are BASF SE, Celanese Corporation, DuPont de Nemours, Inc., McNeal Enterprises, Inc., Blackwell Plastics LP, ALBIS Distribution GmbH und Co. KG, Asahi Kasei Corporation, and RTP Company, Inc., among others.
Analyst Review
The global acetal copolymer market is driven by the extensive use of acetal copolymer in the automotive industry. Aided by the increasing research and development activities to surge the end-use applications of acetal copolymer, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.50%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the acetal copolymer industry can be segmented into low heat resistant, medium heat resistant, and high heat resistant. On the basis of applications, the industry is divided into consumer goods, electronics, industrial, automotive, and food and packaging, among others. The major regional markets for acetal copolymer are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Celanese Corporation, DuPont de Nemours, Inc., McNeal Enterprises, Inc., Blackwell Plastics LP, ALBIS Distribution GmbH und Co. KG, Asahi Kasei Corporation, and RTP Company, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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