openPR Logo
Press release

Formalin Market Market Participants Balaji Formalin ,Georgia-Pacific Chemicals,Sumitomo Chemicals,Editas Medicine,Fish Vet Forward,Thermo Scientific

Formalin Market Market Participants Balaji Formalin

Formalin Market: Introduction

Formalin is a solution of formaldehyde in water, which generally contains 40% formaldehyde by volume or 37% formaldehyde by mass. In Formalin, a small amount of methanol, which acts a stabilizer, is added to suppress polymerization and oxidation. Generally, formalin contains 10% – 12% methanol depending on the grade.

Formalin is an explosive, flammable, toxic and colorless liquid. Formalin vapor combines with air to form an explosive compound. Therefore, high safety and attention is essential while working with Formalin. Formalin is transported in stainless steel and aluminium rail tanks, barrels, tank cars and polyethylene barrels or cans. It acts as a disinfectant and is used as a hardener in nail paints to strengthen and harden natural nails. It also acts a fixative (preservative), which prevents the autolytic decomposition of human tissue that has been removed by surgery. Formalin is used as a preservative for tissue worldwide. It is used in a number of industries, such as paper, paint, textile, construction and plastic. Formalin containing 15% methanol is applied on fish to inhibit the formation of paraformaldehyde. In India, the use of formalin in any kind of food products, expect milk product samples used for analytical purposes, is prohibited.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5470

Formalin Market: Dynamics

The growing trend of antique furniture and wood based floors, walls, etc. is increasing the consumption of plywood, wood panel board products and particleboard. This, in turn, is leading to an increase in the consumption of adhesives and is thereby impacting the formalin market positively.

The growing demand for food is spurring growth of the agricultural industry, which in turn is expected to drive formalin production. The increasing interest of people towards maintenance of houses and buildings is surging the consumption and application of paints & coatings, varnishes, enamels, etc. This is expected to lead formalin consumption and propel growth of the formalin market during the forecast period.

The use of formalin in food products for preservation is expected to pose a restraint in the growth of the formalin market. For instance, the Bangladesh Government has passed a bill for the hoarding, production and import of formalin without license. Formalin can be disposed through a proper chemical waste disposal system whereas Formalternate can be disposed normally.

Formalin Market: Segmentation

The formalin market can be segmented on the basis of the end use application:

Fertilizers
Drugs
Dye
Antiseptic perfume
Automotive exteriors and Interiors
Rubber Chemicals
Others (Milk products, Varnishes and enamels etc.)

The formalin market can be segmented on the basis on the percentage of formaldehyde in formalin:

1-20%
20 %-40 %
40 % - 60 %

Formalin Market: Regional Outlook

Asia Pacific, especially emerging economies, such as India and China, are expected to witness growth in the formalin market. This can be attributed to the growing population in these countries. The increase in population is necessitating increased food production and, in turn, putting pressure on farmers, who are consuming higher amounts of fertilizers and thus, fueling the market. North America and Europe are expected to witness significant growth in the formalin market due to the presence of numerous drug and dye industries in the region, which are expected to accelerate the consumption of formalin during the forecast period.

The formalin markets in Middle East and Latin America are expected to witness growth during the forecast period due to anticipated growth in the Latin America agricultural industry and the increasing number of construction projects in the Middle East and Africa region is also reflecting positive growth in the use of wood products, which in turn is surging the consumption of formalin.

Formalin Market: Market Participants

Examples of some of the market participants in the formalin market are:

Balaji Formalin
Georgia-Pacific Chemicals
Sumitomo Chemicals
Editas Medicine
Fish Vet Forward
Thermo Scientific
Mirus Bio LLC
Merck KGaA
MarketLab, Inc.,
Shiny Chemical Industrial Co.,
Kronochem Sebes SR

Request to View TOC @ https://www.futuremarketinsights.com/toc/rep-gb-5470

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

Future Market Insights
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Formalin Market Market Participants Balaji Formalin ,Georgia-Pacific Chemicals,Sumitomo Chemicals,Editas Medicine,Fish Vet Forward,Thermo Scientific here

News-ID: 1475919 • Views:

More Releases from Future Market Insights - MRRSE

Reshaping the Culinary Landscape: Insights into the Used Commercial Kitchen Equipment Market's Journey to 2033
Reshaping the Culinary Landscape: Insights into the Used Commercial Kitchen Equi …
The forecast term is expected to see a moderately paced CAGR of 7.2% for the global market for secondhand restaurant equipment. The market for used restaurant equipment is expected to be worth US$ 6664.2 Million in 2023. By 2033, it is expected that the market for used restaurant equipment will have grown to a high of US$ 13356.6 million. The specialists at Future Market Insights have calculated a historical CAGR
Poland IT Software and Service Market Size: Competitive Landscape and Recent Ind …
Future Market Insights (FMI) released its latest report titled, “Poland IT Software and Service Market Forecast and Assessment, 2014 – 2020”. According to the report, the Poland IT software and service market was valued at US$ 4,104.3 Mn in 2013 and projected to reach US$ 6,245.8 Mn by 2020, registering a CAGR of 5.9% during the forecast period. The Poland IT software and service market is driven by factors such as
Plant-based Butter Market to exhibit CAGR exceeding 7.5% through 2030 – Exclusive Report by FMI
Plant-based Butter Market to exhibit CAGR exceeding 7.5% through 2030 – Exclus …
Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by
Conference Room Solutions Market Worth US$ 1.18 Bn by 2021: FMI
Conference Room Solutions Market Worth US$ 1.18 Bn by 2021: FMI
As per the revised report by Future Market Insights (FMI), the global conference room solution market is expected to expand at a CAGR of 14.7% over the forecast period (2021-2031). Thanks to rising demand for improvement in enterprise communication network, the market valuation is expected to surpass US$ 1.18 Bn in 2021. Conference room solutions provide on-demand tools for professional collaboration, online meetings, web conferencing and video conferencing services. It supports

All 5 Releases


More Releases for Formalin

Formalin Market 2017 Outlook, Current and Future Industry Landscape Analysis 202 …
Formalin Market: Introduction Formalin is a solution of formaldehyde in water, which generally contains 40% formaldehyde by volume or 37% formaldehyde by mass. In Formalin, a small amount of methanol, which acts a stabilizer, is added to suppress polymerization and oxidation. Generally, formalin contains 10% – 12% methanol depending on the grade. Formalin is an explosive, flammable, toxic and colorless liquid. Formalin vapor combines with air to form an explosive compound. Therefore,
Prefilled Formalin Vials Market Evaluation of Industry Trends, Growth Drivers an …
Global Prefilled Formalin Vials Market: Overview Prefilled formalin vials are clarified containers that allow easy visualization of samples in the healthcare industries. They are popularly used where biopsies are done such as in pathology labs, operating rooms, and medical ambulatories. Their wide mouth, crack-resistant materials, and robust seal are some of the key attributes that make these prefilled vials suitable for the safe collection of specimen and their transportation. The role
Global Formalin Market Presented for the Period 2017-2024|Editas Medicine, Balaj …
Global formalin market is segmented by application as Fertilizers, Drugs, Dye, Antiseptic perfume, automotive exteriors and Interiors, Rubber Chemicals and Others. Among these segments, fertilizers segment is anticipated to dominate the global formalin market. Increment into the growth of consumption of food manifests significant growth of crop demand propelled the fertilizer market to grow significantly. The discernible growth in fertilizer market manifests significant growth of complementary industries such as formalin
Prefilled Formalin Vials Market: Need to Limit Prolonged Exposure to Formalin in …
Rampant healthcare spending is accounted to slate substantial progress towards the growth of prefilled formalin vials market. Used extensively in tissue fixation formalin forms an integral component in diverse healthcare activities. However, prolonged formalin exposure is attributed to high cancer instances which necessitates adoption of prefilled formalin vials. A new business intelligence report titled, 'Prefilled Formalin Vials Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028' included in the fast
Formalin Market to Witness Steady Expansion During 2017 – 2027
Formalin Market: Introduction Formalin is a solution of formaldehyde in water, which generally contains 40% formaldehyde by volume or 37% formaldehyde by mass. In Formalin, a small amount of methanol, which acts a stabilizer, is added to suppress polymerization and oxidation. Generally, formalin contains 10% – 12% methanol depending on the grade. Formalin is an explosive, flammable, toxic and colorless liquid. Formalin vapor combines with air to form an explosive compound. Therefore,
Global Formalin Market 2016 Industry Growth, Analysis, Outlook and Forecast to 2 …
Global Formalin Market 2016 The Global Formalin Market 2016 report has Forecasted Compound Annual Growth Rate (CAGR) in % value for particular period, that will help user to take decision based on futuristic chart. Report also includes key players in global Formalin market. The Formalin market size is estimated in terms of revenue (US$) and production volume in this report. This report covers every aspect of the global market, starting from