Global Paraformaldehyde Market Growth 2023-2029

Global Paraformaldehyde Market Growth 2023-2029

Product Code:457194

Published Date: Feb 08,2023

Pages: 112

Region: Global

Category: Chemical & Material

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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.

Market Segmentation:
Segmentation by type
    PF(91% ~ 93% )
    PF(95% ~ 97% )

Segmentation by application
    Agriculture
    Resins and Adhesives
    Paint and Paint
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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.

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?