The global Paraformaldehyde market was valued at US$ 453.3 million in 2020 and it is expected to reach US$ 673.3 million by the end of 2027, growing at a CAGR of 4.0% during 2021-2027.
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.
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.
Global Paraformaldehyde Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Paraformaldehyde Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are 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. and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-paraformaldehyde-market-outlook
Segment by Type
- PF(91% ～ 93% )
- PF(95% ～ 97% )
Segment by Application
- Resins and Adhesives
- Paint and Paint
Table of Content:
1 Paraformaldehyde Market Overview
2 Paraformaldehyde Market Competition by Manufacturers
3 Paraformaldehyde Retrospective Market Scenario by Region
4 Global Paraformaldehyde Historic Market Analysis by Type
5 Global Paraformaldehyde Historic Market Analysis by Application
6 Key Companies Profiled
7 Paraformaldehyde Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Paraformaldehyde Market Dynamics
10 Global Paraformaldehyde Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta