Press release
Urea Formaldehyde Market: Growing Applications in Thriving Wood Industry Generating Opportunities || Key Players: CHIMICA POMPONESCO S.P.A., OJSV “Perechin timber and chemical plant”, PJSC METAFRAX, Achema, Asta Chemicals Sdn. Bhd
Urea formaldehyde sales are highly influenced by increasing demand from the building and construction industry. The growing use of formaldehyde as an important chemical to manufacture building materials and several household products has been identified as a key factor likely to fuel urea formaldehyde market growth. The urea formaldehyde market surpassed 14,000 kilo tons sales in 2018 and will record nearly 4% y-o-y growth in 2019, according to a recent Fact.MR report.
Request Free Sample Report Here:
https://www.factmr.com/connectus/sample?flag=S&rep_id=2950
The Fact.MR study estimates healthy gains from the wood industry, owing to the sustainability benefits of urea formaldehyde resins in wood panel and board products, in terms of forest resource conservation and waste reduction. For example, composite wood panels, such as particleboard, are generally composed of recovered wood waste, which is otherwise disposed of in a landfill. Not only does formaldehyde-based chemistry result into greater utilization of wood, but it helps forming robust, highly durable building materials compared to wood, thereby witnessing high demand from particle board manufacturers.
Browse Full report with TOC:
https://www.factmr.com/report/2950/urea-formaldehyde-market
The report provides a through analysis and estimate on urea formaldehyde market on the basis of segmental analysis. The key segments identified in urea formaldehyde market include region, application, and end-use. Fact.MR analysts have analyzed the urea formaldehyde market segments, thereby, providing an explicit comparison between key market data, including the market share, revenue, volume, and Y-o-Y growth. The report also carries regional performance of urea formaldehyde market, classifying the market into North America, Europe, Japan, Asia-Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Latin America.
APEJ Held Over 50% Urea Formaldehyde Sales in 2018
According to Fact.MR study, APEJ held over 50% sales of urea formaldehyde in 2018, and will record a 5.0% Y-o-Y in 2019. The urea formaldehyde market in APEJ continues to remain driven by their bolstering demand in diverse end-use industries, particularly in the construction and building industry. Gains will also be healthy in Europe, on the account of growing adoption of formaldehyde resins by particle board, and medium-density fireboard manufacturing industries in the region.
Some of the key players operating in the global urea formaldehyde market are BASF SE, Advachem, Ashland Inc., Ineos Group, Georgia-Pacific, Acron Group, Hexion Inc., CHIMICA POMPONESCO S.P.A., OJSV “Perechin timber and chemical plant”, PJSC METAFRAX, Achema, Asta Chemicals Sdn. Bhd., etc.
Have Any Query?? Ask Our Industry Expert:
https://www.factmr.com/connectus/sample?flag=AE&rep_id=2950
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
sales@factmr.com
www.factmr.com
Read Full PR Here:
https://www.factmr.com/media-release/885/urea-formaldehyde-market
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 Urea Formaldehyde Market: Growing Applications in Thriving Wood Industry Generating Opportunities || Key Players: CHIMICA POMPONESCO S.P.A., OJSV “Perechin timber and chemical plant”, PJSC METAFRAX, Achema, Asta Chemicals Sdn. Bhd here
News-ID: 1670079 • Views: …
More Releases from Fact.MR
Cheese Market Is Anticipated To Reach US$ 133 Billion At A CAGR Of 3.7% By 2032: …
In 2022, the global cheese market held a value of US$ 92 billion, with projections indicating a substantial growth trajectory. By the end of 2032, it is anticipated to soar to US$ 133 billion, according to a study conducted by Fact.MR. The research suggests that the worldwide demand for cheese is expected to experience a steady increase, with a compound annual growth rate (CAGR) of 3.7% forecasted through the year…
Product Engineering Services Market Is Set To Reach A Valuation Of US$ 2,400 Bil …
As of 2023, the global market for product engineering services reached a valuation of US$ 1,200 billion, with a projected growth to US$ 2,400 billion by the end of 2033. Forecasts indicate a steady increase in global demand for these services, with a compound annual growth rate (CAGR) expected to reach 7.2% from 2023 to 2033.
The Product Engineering Services Industry sales study offers a comprehensive analysis on diverse features including…
Golf Shoes Market Is Anticipated To Reach US$ 13,331.7 Million By 2032: Fact.MR …
In 2022, the worldwide golf shoes market is projected to be valued at US$ 8,584.1 million. It's anticipated to grow steadily at a compound annual growth rate (CAGR) of 4.4%, reaching US$ 13,331.7 million by 2032.
The Golf Shoes Industry sales study offers a comprehensive analysis on diverse features including production capacities, Golf Shoes demand, product developments, sales revenue generation and Golf Shoes market outlook across the globe.
market research report by…
Home Entertainment Devices Market Forecasted to Achieve US$ 450 Billion by 2033, …
The home entertainment devices market is projected to grow from its 2023 valuation of US$ 250 billion to US$ 450 billion by 2033. Between 2023 and 2033, home entertainment device sales are expected to grow globally at a compound annual growth rate (CAGR) of 6%.
These days, consumers may order their home entertainment systems online while lounging at home, working from the office, or from anywhere else. Online platforms are widely…
More Releases for Urea
Polymer Sulphur Coated Urea Accounts for Over 90% of the Sales of Global Sulphur …
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.
The report offers actionable and valuable market insights of Polymer Sulphur Coated Urea. The latest report by Fact.MR provides details on the present scenario of the…
Urea Market Worth Observing Growth | QAFCO, Yara, KOCH
AMA Research published a new research publication on "Urea Market Insights, to 2025" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Urea market was mainly driven by the increasing R&D spending across the world, however latest COVID scenario and economic slowdown have changed complete…
Urea Market Analysis by Type (Granular urea and Small particles of urea) and App …
Market Research Report on “Urea” Industry providing Global Market Landscape, Profiles of Leading Companies, Customized Competitive Intelligence, Detailed Geographical Coverage and its Growth Prospects over the coming years till 2025 is now available at ReportsWeb.com.
The Global Urea Market Research Report is a professional and in-depth study on the current state of the Urea industry.
Urea, also known as carbamide, is an organic compound with chemical formula CO (NH2) 2. This…
Global Survey - Urea-SCR System Market Forecast 2018-2025 Albonair, Yara, ContiT …
A comprehensive market study on "Global Urea-SCR System Market 2018-2025" examines the performance of the Urea-SCR System market. It encloses an in-depth Research of the Urea-SCR System market state and the competitive landscape globally. This report analyzes the potential of Urea-SCR System market in the present and the future prospects from various angles in detail.
Leading Manufacturers Analysis such as - Yara, Diesel Exhaust Fluid Urea, Albonair, Rochling, ContiTech, Zhejiang Yinlun…
Urea-SCR System Market Report 2017- Yara, Diesel Exhaust Fluid Urea, Albonair
Apex Research, recently published a detailed market research study focused on the "Urea-SCR System Market" across the global, regional and country level. The report provides 360° analysis of "Urea-SCR System Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Urea-SCR System industry, and estimates the future trend of Urea-SCR System market on…
Global Urea Market Research Report 2017 Industry Research & SWOT Analysis of URE …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Urea in these regions, from 2012 to 2022 (forecast), covering
North America
Europe
China
Japan
Southeast Asia
India
Global Urea market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
BASF Corporation
BIP (Oldbury) Limited
Chemiplastica, Inc.
Jiangsu Sanmu Group Corporation
To Get a Free Sample Copy of this Report Visit…
