The Global POM (Polyoxymethylene) Market was valued at US$ 4231.4 million in 2022 and is projected to reach US$ 4831.9 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 1.9% during the forecast period (2022–2029). This growth is being driven by expanding demand in the automotive sector for lightweight components, rising applications in precision machinery and electronics, and the increasing focus on high-performance engineering plastics that offer superior mechanical properties like low friction and dimensional stability across diverse industries.

As industries evolve toward more efficient, durable, and sustainable materials, the attention turns to the major producers who are advancing polymer technologies, enhancing material formulations, and meeting the needs of global manufacturing. In this blog, we profile the Top 10 Companies in the POM (Polyoxymethylene) Industry—a blend of established chemical giants, specialized polymer innovators, and regional leaders shaping the landscape of engineering thermoplastics.

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🔟 1. Formosa Plastics Corporation

Headquarters: Kaohsiung, Taiwan
Key Offering: POM-H, POM-C, Specialty Grades for Automotive and Electronics

Formosa Plastics stands as a prominent player in the Asian POM market, producing a wide range of polyoxymethylene resins tailored for high-precision applications. The company supplies materials that excel in gears, bearings, and consumer goods, benefiting from its integrated petrochemical operations to ensure consistent quality and supply reliability across international markets.

Innovation Initiatives:

• Development of reinforced POM grades for enhanced strength in machinery parts

• Expansion of production capacity to meet growing Asian demand

• Focus on eco-friendly formulations to reduce environmental impact

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9️⃣ 2. LG Chem

Headquarters: Seoul, South Korea
Key Offering: POM Homopolymer, Copolymer Variants, High-Performance Blends

LG Chem is a key contributor to the global POM supply, offering resins that are widely used in automotive interiors, electrical components, and medical devices. With a strong emphasis on research and development, the company continues to innovate in polymer chemistry to improve wear resistance and thermal stability, serving clients from major manufacturers to specialized fabricators.

Innovation Initiatives:

• Investment in advanced copolymer technologies for better processability

• Partnerships with automotive leaders for custom POM solutions

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8️⃣ 3. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: POM Resins for Industrial Applications, Engineering Grades

Asahi Kasei delivers high-quality POM materials known for their excellent mechanical properties, making them ideal for precision parts in machinery and consumer electronics. The company’s global network supports efficient distribution, while its commitment to quality standards ensures reliability in demanding environments like construction and automotive sectors.

Innovation Initiatives:

• Research into bio-based POM alternatives for sustainability

• Enhancement of dimensional stability for high-load applications

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7️⃣ 4. Kolon Plastics

Headquarters: Gwacheon, South Korea
Key Offering: POM-H, POM-C, Specialized Compounds

Kolon Plastics is recognized for its robust POM portfolio, focusing on applications in automotive and electrical industries where durability and low friction are crucial. Through continuous process improvements, the company has solidified its position as a reliable supplier, contributing significantly to the market’s growth in Asia-Pacific regions.

Innovation Initiatives:

• Development of flame-retardant POM grades for electronics

• Capacity expansions to support increasing global exports

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POM (Polyoxymethylene) Market – View in Detailed Research Report

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6️⃣ 5. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultraform POM, High-Strength Variants

BASF, a global leader in chemicals, produces POM under its Ultraform brand, renowned for superior performance in engineering applications such as gears and bearings. The company’s extensive R&D capabilities allow it to offer customized solutions that meet the evolving needs of industries like machinery manufacturing and automotive, ensuring high stiffness and wear resistance.

Innovation Initiatives:

• Advancements in low-emission POM for automotive compliance

• Collaborations for sustainable sourcing in polymer production

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5️⃣ 6. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Iupital POM, Copolymer and Homopolymer Resins

Mitsubishi Chemical excels in providing POM resins that provide excellent dimensional stability and low friction, essential for precision components in electronics and consumer items. Its integrated approach to material science supports innovations that enhance the material’s versatility across multiple sectors, from construction to medical devices.

Innovation Initiatives:

• Introduction of high-flow POM for complex molding processes

• Focus on recyclable POM grades to align with circular economy goals

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4️⃣ 7. KEP

Headquarters: Seoul, South Korea
Key Offering: TECHOPOLYMER POM, Engineering Thermoplastic Solutions

KEP specializes in POM production with a focus on high-performance grades for automotive and industrial uses, where mechanical strength and thermal resistance are paramount. The company has built a strong reputation through quality control and supply chain efficiency, supporting growth in emerging markets.

Innovation Initiatives:

• Enhanced POM formulations for electrical insulation

• Strategic expansions in production facilities

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3️⃣ 8. Polyplastics Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Duracon POM, Specialty Resins for Precision Parts

Polyplastics, a joint venture of Celanese and Daicel, leads with its Duracon line of POM materials, optimized for applications requiring high wear resistance like gears and bushings. The company’s dedication to innovation ensures it remains at the forefront, serving diverse industries with reliable, high-quality products.

Innovation Initiatives:

• Bio-derived POM developments for reduced carbon footprint

• Partnerships for advanced composite materials

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2️⃣ 9. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Delrin POM, Homopolymer and Copolymer Grades

DuPont is a pioneer in POM with its Delrin brand, offering acetal resins that set industry standards for toughness and machinability in parts like fuel system components and medical devices. Its global presence and technical expertise drive consistent market leadership through ongoing material enhancements.

Innovation Initiatives:

• Investment in UV-stabilized POM for outdoor applications

• Sustainable manufacturing processes to minimize waste

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1️⃣ 10. Celanese Corporation (Ticona)

Headquarters: Irving, Texas, USA
Key Offering: Celcon and Hostaform POM, Advanced Engineering Resins

Celanese, through its Ticona division, dominates the POM market with high-performance acetal polymers used in automotive, consumer, and industrial sectors. Renowned for their low moisture absorption and high strength, these materials support complex designs in high-load environments, backed by the company’s robust R&D infrastructure.

Innovation Initiatives:

• Next-generation POM with improved impact resistance

• Global supply chain optimizations for reliability

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POM (Polyoxymethylene) Market – View in Detailed Research Report

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🌍 Outlook: The Future of POM (Polyoxymethylene) Is Advanced and Versatile

The POM market is experiencing steady evolution. Although traditional applications hold steady, the sector is channeling significant resources into enhanced formulations, bio-based alternatives, and expanded uses in emerging technologies like electric vehicles and smart devices.

📈 Key Trends Shaping the Market:

• Growing adoption in electric vehicle components for thermal management

• Regulatory incentives for sustainable polymers in Europe and Asia

• Digital tools for supply chain optimization and material simulation

• Industry collaborations to develop hybrid POM composites

Download FREE Sample Report:
POM (Polyoxymethylene) Market – View in Detailed Research Report

Get Full Report Here:
POM (Polyoxymethylene) Market – View in Detailed Research Report

The companies profiled are not only supplying essential materials—they’re pioneering the next era of engineering thermoplastics, enabling smarter, more resilient products worldwide.