Press release
Formaldehyde Market to Witness Astonishing Growth by 2029
For instance, in September 2019, PJSC Metafrax and Dynea AS signed a contract for engineering, equipment supply and site services for a large formaldehyde plant, to be implemented in Gubakha, Perm region (Russia). Under the terms of the contract, Dynea will act as Technology Licensor for the supply of a new fasil silver catalyst formaldehyde plant. The plant nameplate capacity will be 100 000 TPA (expressed in 100% Formaldehyde) and will produce 55% Formaldehyde. The capacity of the plants will be 180 thousand tons of 55.0% formaldehyde and 30 thousand tons of paraformaldehyde per year. Such developments are contributing towards the market growth.
High levels of exposure may cause some types of cancers. Therefore, the health related problems associated with the formaldehyde usage may impede its market growth during the forecast period. The increase in R&D activities related to the application of formaldehyde derivative for treatment of Organic Fraction of Municipal Solid Waste (OFMSW) are likely to offer lucrative opportunities for the growth of the formaldehyde market during the forecast period.
To Request a Sample of our Report on Formaldehyde Market: https://www.omrglobal.com/request-sample/formaldehyde-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Derivative
By End-User Industry
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- BASF SE, Hexion Inc., PJSC Metafrax, and Ercros S.A., among others.
A full Report of Formaldehyde Market is Available @ https://www.omrglobal.com/industry-reports/formaldehyde-market
Formaldehyde Market Report Segment
By Derivative
Urea Formaldehyde
Phenol Formaldehyde
Melamine Formaldehyde
Hexamine
Polyoxymethylene
Others
By End-User Industry
Construction
Agriculture
Automotive
Medical
Chemical & Petrochemical
Others
Formaldehyde Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Acron Group
Ashland Global Specialty Chemicals Inc.
Balaji Formalin Pvt. Ltd.
Capital Resin Corp.
Celanese Corp.
Dynea AS
Ercros SA
Foremark Performance Chemicals, Inc.
Georgia-Pacific Chemicals Corp.
Hexion Inc.
Huntsman International LLC
Johnson Matthey
Metafrax Group
Momentive Specialty Chemical Inc.
Nutrien Ltd.
Perstorp Holding AB
Romit Resins Pvt. Ltd.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/formaldehyde-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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 Formaldehyde Market to Witness Astonishing Growth by 2029 here
News-ID: 3267736 • Views: …
More Releases from Orion Market Research
AI-Enabled Imaging Modalities Market Rising Demand and Growth Forecast Through 2 …
AI-enabled imaging modalities market was valued at approximately USD 1.36 billion, and it is projected to reach around USD 19.78 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 34.67% from 2024 to 2033.
AI-Enabled Imaging Modalities Market Overview
The AI-enabled imaging modalities market is experiencing rapid growth, driven by advancements in artificial intelligence and machine learning technologies. These innovations are enhancing the capabilities of various imaging modalities, including…
Tumor Tracking Systems Market Size Analysis, Competitive Insights, Leading Playe …
Global tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033.
Tumor Tracking Systems Market Overview
The tumor tracking systems market is experiencing steady growth, driven by the increasing incidence of cancer and advancements in imaging and tracking technologies. These systems improve the precision of…
Tumor Tracking Systems Market Size Future Scope, Demands and Projected Industry …
Tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033.
Tumor Tracking Systems Market Overview
The tumor tracking systems market is experiencing steady growth, driven by the increasing prevalence of cancer and advancements in imaging technologies. These systems play a crucial role in enhancing the…
SNP genotyping Market Size Analysis, Competitive Insights, Leading Players and G …
SNP genotyping market was valued at approximately USD 31.66 billion, and it is projected to reach around USD 238.25 billion by 2034, reflecting a compound annual growth rate (CAGR) of about 20.1% from 2024 to 2034.
SNP genotyping Market Overview
The SNP genotyping market is experiencing significant growth, driven by advancements in genotyping technologies, an increase in the prevalence of genetic disorders, and the expansion of pharmacogenomics and precision medicine initiatives. This…
More Releases for Formaldehyde
Urea Formaldehyde Glue Powder, Ready For Shipment
Urea Formaldehyde Glue Powder 25KG Bag, 28Tons/40'FCL Without Pallets 2 FCL, Destination: Middle East Ready For Shipment~
Image: https://www.aojinchem.com/uploads/9111.jpg Image: https://www.aojinchem.com/uploads/961.jpg
Image: https://www.aojinchem.com/uploads/9210.jpg Image: https://www.aojinchem.com/uploads/9310.jpg
Applications:
1. Wooden furniture manufacturing: Urea-formaldehyde resin powder can be used to bond wood, plywood, wooden flooring and other wooden furniture. It has high bonding strength and heat resistance, and can provide a long-lasting bonding effect.
2. Papermaking industry: Urea-formaldehyde resin powder can be used as a reinforcing agent for…
Melamine Formaldehyde Market Research Report | Valuates Reports
Melamine Formaldehyde Market Research Report | Valuates Reports
The global Melamine Formaldehyde market size is expected to reach US$ 9666.3 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029.
View Sample Report
https://reports.valuates.com/request/sample/QYRE-Auto-14U7166/Global_Melamine_Formaldehyde_Market_Insights_and_Forecast_to_2028
Report Scope
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1)…
Formaldehyde Market Size, CAGR | Growth - 2032
The Global Formaldehyde Market Size was valued at USD 7.8 Billion in 2022 and is anticipated to reach USD 13.5 Billion by 2032 with a CAGR of 5.6% from 2023 to 2032.
Formaldehyde, a versatile chemical compound, serves as a foundational building block across numerous industries, ranging from manufacturing to healthcare. As a crucial precursor in the production of various materials and products, the Formaldehyde Market plays an indispensable role in…
Formaldehyde Market Challenges, Growth and Opportunities - 2031
Formaldehyde Market: Introduction
In terms of value, the global formaldehyde market is anticipated to expand at a CAGR of ~4% from 2021 to 2031 and cross US$ 15 Bn by 2031. The usage of formaldehyde in the production of resins has been rising. Formaldehyde-based resins are used in a wide range of applications. In terms of volume, Asia Pacific dominated the global formaldehyde market in 2020. It is estimated to lead…
Formaldehyde Market Industry Analysis - Formaldehyde Market Size Driven by Recen …
The most recent study offered by Acumen Research and Consulting focuses Formaldehyde Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the Formaldehyde Market trends in order to assess its current and future potential. Our Formaldehyde Market analysis also provides market participants and new entrants with a comprehensive view of the…
Formaldehyde Solution Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-chemical/formaldehyde-solution-market/79772
Formaldehyde Solution Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Formaldehyde Solution basics: definitions, classifications, applications and market overview; product specifications;…
