Paraformaldehyde is a white crystalline solid formed by polymerization of formaldehyde. It is used to make various resins with mainly phenol (melamine resin; phenol resin; vinylon; polyacetal resin; terephthalic acid; diphenyl methane diisocyanate, acrylic acid esters). Paraformaldehyde is also mainly used in (1) Pesticides: synthesis of acetochlor, butachlor, and glyphosate; (2) Medicine and pharmaceutics: produce vitamin A; (3) Coatings: synthesis of high grade automobile paint.
LPI (LP Information)’ newest research report, the “Paraformaldehyde Industry Forecast” looks at past sales and reviews total world Paraformaldehyde sales in 2022, providing a comprehensive analysis by region and market sector of projected Paraformaldehyde sales for 2023 through 2029. With Paraformaldehyde sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Paraformaldehyde industry.
This Insight Report provides a comprehensive analysis of the global Paraformaldehyde landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Paraformaldehyde portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Paraformaldehyde market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Paraformaldehyde and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Paraformaldehyde.
The global Paraformaldehyde market size is projected to grow from US$ 519.4 million in 2022 to US$ 690.3 million in 2029; it is expected to grow at a CAGR of 690.3 from 2023 to 2029.
Global paraformaldehyde key players include Ercros, Celanese, Merck, Chemanol, etc. Global top 5 manufacturers hold a share over 50%.
China is the largest market, with a share over 40%, followed by Japan and Europe, both have a share over 27% percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Paraformaldehyde market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Paraformaldehyde Includes:
Ercros
Celanese
CCP
Merck
Chemanol
Caldic
Shandong Tuobo
LCY Chemical
Yinhe Chemical
Nantong Jiangtian
Wanhua Chemical
LINYI TAIER
Shouguang Xudong
Xiangrui Chemical
Chang Chun Group
Hebei Jintaida Chemical Co., Ltd.
Market Segment by Type, covers:
PF(91% ～ 93% )
PF(95% ～ 97% )
Market Segment by Applications, can be divided into:
Agriculture
Resins and Adhesives
Paint and Paint
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Paraformaldehyde market?
What factors are driving Paraformaldehyde market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Paraformaldehyde market opportunities vary by end market size?
How does Paraformaldehyde break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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