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Formaldehyde Market - Global Industry Analysis & Outlook 2017 – 2026 : Johnson Matthey Process Technologies, Foremark Performance Chemicals, Huntsman International, Momentive Specialty Chemical, Dynea AS

09-21-2018 07:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Formaldehyde Market

Global Formaldehyde Market

Global Formaldehyde Market

ResearchMoz presents professional and in-depth study of "Formaldehyde Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026"

Formaldehyde is a simple chemical compound made of oxygen, hydrogen, and carbon. It is extensively used in manufacturing building materials and various household products. Formaldehyde is also finding application in the production of amino resins and these resins are cheap than conventional adhesives and also possess outstanding strength and moisture resistant properties. Hence, the demand for these resins is increasing in the construction and furniture industry.

Being strong and flammable, formaldehyde is witnessing increasing use in fuel production. This trend is also resulting in the significant growth of the market. Various research and development activities are being done as many countries are looking for new and cheap alternatives to oil. Many companies in China have also started testing formaldehyde to be used as a chemical intermediate for producing fuel. This is also expected to result in the significant growth of the global formaldehyde market.

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Global Formaldehyde Market- Research Methodology

The report on the global formaldehyde market provides in-depth analysis of the market taking into account the data obtained from primary and secondary research. The report has used top-down and bottom-up approach to provide estimated market size. The report also offers insights into all the key factors playing an important role in the growth of the market. The report also includes trends, market opportunities, factors driving the global market and challenges.

The market experts from basic and related industries were also interviewed to get a clear picture of the market and the answers and opinions received were crosschecked with the available data sources. Both micro-economic and macro-economic factors were also taken into account to provide vital information on the global as well as regional formaldehyde market.

The report also provides segment-wise analysis, country-wise analysis and key companies operating in the market. SWOT analysis along with Porter’s five force analysis and market attractiveness analysis is also included in the report. The data in the report was also gathered with the help of secondary sources such as investor presentations and annual reports. Incremental opportunity is also provided in the report in order to analyze various market opportunities.

The report also offers competitive analysis on the key companies operating in the global formaldehyde market. Various opportunities and challenges faced by the companies are also given in the report. The report enlightens on the types of products being offered, and long-term and short-term strategies of the key companies. The report also provides details on the regulations imposed on the market by various regulatory bodies across the globe. All the information on the market provided in the report can help companies in planning future business strategies in order to remain competitive in the market.

Global Formaldehyde Market- Segmentation

The global market for formaldehyde is segmented on the basis of derivatives, application, end use vertical, and region. Based on the derivatives, the market segmentation includes Urea Formaldehyde (UF) Resins & Concentrates, Phenol Formaldehyde (PF) Resins, Polyoxymethylene/ Polyacetal (POM), Pentaerythritol, Methylene Diphenyl Diisocyanate (MDI), 1,4 Butanediol (1,4 BDO), Paraformaldehyde, Hexamine, Melamine Formaldehyde (MF) Resin, and other derivatives.

Based on the application, the market is segmented into fibers, solvents, plasticizers, drying agents, resins, and other chemical intermediaries. By end use vertical, the segment includes consumer goods, automotive, healthcare, construction, and others.

Region-wise the global formaldehyde market is segmented into Latin America, North America, Europe, Asia Pacific Excluding Japan (APEJ), the Middle East and Africa (MEA), and Japan.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/formaldehyde-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2026-report.html/toc

Competitive Landscape

The report offers a detailed profile of all the leading market players in the global formaldehyde market such as BASF SE, Celanese AG, Perstorp Orgnr, Georgia-Pacific Chemicals LLC, Alder S.p.A, Dynea AS, Momentive Specialty Chemical Inc., Huntsman International LLC, Foremark Performance Chemicals, and Johnson Matthey Process Technologies.

About ResearchMoz

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Formaldehyde Market is expected to surpass USD 5.5 billion by 2026. Rising focus of manufacturers on adopting sustainable practices such as the utilization of industrial by-products as raw materials, energy, and waste management should promote formaldehyde market growth. Consumers are preferring superior quality raw materials in the manufacture of high-performance coatings to improve resistance from external factors and enhance longevity of the product which shows elevating market opportunities for product
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Formaldehyde & its derivatives play a vital role in the manufacturing of various raw materials used in construction, coatings, agrochemicals and plasticizer applications owing to their economical nature and high-quality performance. Stringent government regulations towards formaldehyde emissions is expected to hinder the market growth. Formaldehyde acts as a highly reactive organic compound, which is used in various industrial applications. The product may cause irritation in the eyes, mucous membranes, and consumption
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Formaldehyde market solutions are commonly used as preservatives across medical laboratories, consumer products and mortuaries. It is also safely used in the manufacturing of anti-infective drugs, hard-gel capsules and vaccines, boosting formaldehyde market outlook. Reportedly, the compound inactivates viruses to prevent diseases like influenza virus while making the influenza vaccine. Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/3751 An increase in the number of applications of different chemicals across industries
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While pure formaldehyde occurs naturally, it can also be manmade, particularly for usage in a vast array of industrial applications. When used suitably, formaldehyde-based formulations can present several lucrative, value added benefits to a wide range of industries and end-users. Formaldehyde is produced via oxidation of methanol. Owing to its remarkable chemical and physical properties, including preservative and high bonding characteristics, formaldehyde is used for various construction and building materials, particularly

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