World Polyacetals Market to Reach 1.0 Million Tons by 2010, According to New Report by Global Industry Analysts, Inc.

Driven by emerging applications, the world polyacetals market is projected to reach 1.0 million tons by the year 2010. Europe ranks as the largest market for polyacetals with its percentage share in the world market averaging to 29%. China ranks as the second largest consumer of polyacetals, followed by the United States, and Japan. China remains Asia's fastest growing market turbo-charging global growth with a strong CAGR of 9.72% for the period 2000-2010.

San Jose, California (PRWEB) July 9, 2007 -- Growing demand for polyacetals in the field of appliances/tools, medical devices, and construction materials is helping widen the growth prospects of the market. Polyacetals market stands enthused by the migration from the use of conventional metals and plastics to polyacetals. The trend is especially pronounced in automotive end-use applications. In China, the use of polyacetals in the production of automotive parts is projected to reach 30.78 thousand tons by 2010. World consumption of polyacetals in the automotive end-use market is expected to rise by 27.08 thousand tons between the period 2007 to 2010.

The European and Japanese automotive industries together consume over 70% of the polyacetals demanded in automotive applications worldwide. Consumption of polyacetals in the electrical engineering and electronics end-use market worldwide is projected to grow at a CAGR of 6.5% through the study's forecast period, with consumption in China slated to reach 87.18 thousand tons by the year 2010. In addition to the electrical engineering and electronics end-use industry, the consumer goods end-use market is also one of the largest consumers of polyacetals in China. In the United States, on the other hand, the industrial end-use market generates the highest demand for polyacetals.    

Polyacetals: A Global Strategic Business Report

The report titled "Polyacetals: A Global Strategic Business Report" provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key end-use application markets, which include Automotive, Electrical Engineering and Electronics, Industrial Applications, Consumer Goods, Plumbing /Irrigation, and Appliances/Tools, Medical & Construction. Latent demand patterns in key end-use application areas are quantified across major geographic market verticals, which include among others, the United States, China, Japan, Europe, and Asia-Pacific. Also included in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.

For more details about this research report, please visit www.strategyr.com/MCP-1638.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site www.StrategyR.com

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polyacetals market automotive end-use market electrical engineering and electronics end-use market industrial end-use market consumer goods end-use market plumbing/irrigation end-use market appliances/tools medical & construction end-use market

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