openPR Logo
Press release

Urea Formaldehyde Market size and Key Trends in terms of volume and value 2015-2025

04-24-2017 09:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Urea Formaldehyde Market size and Key Trends in terms of volume

Urea formaldehyde (UF), chemically known as urea methanol, is a chemical composition of urea and formaldehyde and is set to witness high surge in demand in next couple of years primarily due to its high tensile strength, flexural modulus and scratch resistant properties that makes it suitable for being used as adhesives in various end–use industries. The urea formaldehyde market is a double-digit billion dollar industry and is expected to grow at a very impressive rate during the forecast period. The UF resins are economically cost-effective in nature than other resins such as phenol-formaldehyde resins, thus making it more popular among industries such as textiles, papers, foundry, etc.

Urea Formaldehyde Industry: Drivers & Restraints

The demand for good quality and economically viable adhesives and resins is expected to fuel the market of urea formaldehyde. Most of the demand is expected to generate from automobiles and electrical appliances globally. Challenges include government legislation promoting sustainable products in lieu of UF adhesives and resins.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-576

Urea Formaldehyde Market: Segmentation

On the basis of end-use industries, the global urea formaldehyde market is segmented into,

Automobiles

Electrical Appliances

Home Appliances (Furniture)

Agriculture

Others

Most of the demand is expected to generate from home appliances and electrical appliances, however, its usage in agriculture is gaining momentum, particularly as a source of nitrogen fertilizer.

On the basis of end-use applications, urea formaldehyde market is segmented into

Adhesives

Particle board

Plywood

Roofing mats

Others

Particle board followed by adhesives and plywood are the key applications of urea formaldehyde. High growth is expected in adhesive applications, primarily due to increasing penetration in automobiles and electrical appliances industries during the forecast period.

Urea Formaldehyde Market: Region-wise Outlook

On the basis of region urea formaldehyde finds its market scope in North America, Latin America, Middle East & Africa, Europe and Asia-Pacific. North America and Europe dominates the urea formaldehyde market in terms of consumption, however, Asia Pacific and Latin America are expected to be the most promising region in terms of incremental opportunities lying ahead for generating high revenue. High production cost coupled with prolonged economic crisis in developed regions of Europe has led to the shifting of urea formaldehyde market to Asia Pacific. Economic reforms in Malaysia, China and India along with high GDP growth rate is fuelling the urea formaldehyde market in these regions. Though Asia Pacific is lucrative in terms of revenue generation, volatility exists mainly due to the unorganized end-use industries in two large market bases-china and India.

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-576

Urea Formaldehyde Market: Key Players

Company needs to meet the stringent quality norms before marketing their product especially in developing regions of Asia Pacific.

Some of the market participants in the global urea formaldehyde market are BASF SE, The Dow Chemical Company, Ashland Inc., DuPont, Kronospan Ltd., Advachem SA, etc.

Going through these points, there is no doubt that urea formaldehyde market hold good market prospects in near future, thereby is anticipated to grow at impressive CAGR during the forecast period, 2015–2025.

About Us – 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 centers in the U.S. and India.

CONTACT:
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

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 size and Key Trends in terms of volume and value 2015-2025 here

News-ID: 511249 • Views: 188

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Urea

Urea Formaldehyde Resin Market Size, Share, Development by 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Urea Formaldehyde Resin market. Urea formaldehyde resin is a non-transparent, cross-linked thermoset resin or plastic, which is a chemical mixture of urea and formaldehyde. It is used extensively in different end-user industries as it provides high reactivity and performance at a relatively low cost. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/1029/global-urea-formaldehyde-resin-market-growth Global Urea Formaldehyde
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 Formaldehyde Market Size, Analysis, and Forecast Report 2015-2025
Urea Formaldehyde Market Segmentation On the basis of end-use industries: Automobiles, Electrical Appliances, Home Appliances (Furniture), Agriculture, Others; Most of the demand is expected to generate from home appliances and electrical appliances, however, its usage in agriculture is gaining momentum, particularly as a source of nitrogen fertilizer.On the basis of end-use applications: Adhesives, Particle board, Plywood, Roofing mats, OthersParticle board followed by adhesives and plywood are the key applications of
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