About Teletype
Join
Acumen Research
@acumenresearchmarket2019
Acumen Research
February 12, 2020

Formaldehyde Market Size Poised to Touch US$34.8 Bn by 2026

The global formaldehyde market size is anticipated to around USD 34.8 billion by 2026, this market is anticipated to grow with 4.9% CAGR during the forecast time period.

Get Free Sample Report Pages for Better understanding@ https://www.acumenresearchandconsulting.com/request-sample/1736

The global formaldehyde market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region accounted for the maximum share of the market in 2018 and is expected to maintain its dominance during the forecast period. This can be attributed to the high demand for formaldehyde in various industries specially from the automotive and construction sector in the emerging countries such as China, India, and Indonesia. With the growing urbanization in the region, there is an increase in the residential and non-residential projects and the necessity of cars and lightweight vehicles grows. All these factors are responsible for the formaldehyde market growth in the region. North America and Europe are anticipated to observe the steady growth in various sectors during the forecast period.

Based on derivatives, the market is divided into Urea Formaldehyde (UF) resins, Phenol-Formaldehyde (PF) resins, MF resins, polyacetal resins, 1,4-butanediol, pentaerythritol, and methylenebis. PF resins are anticipated to observe the fastest growth during the forecast period due tothe high demand and consumption rate for laminate, plywood, and wood processing. Furthermore, it is also used in the aerospace and automobile industry due to its highly stable molding processing ability, optimum mechanical properties, and low cost. Market players are investing in the R& D activities and engage in the development of PF resin-based composite to increase its mechanical properties. However, UF resins dominate the market by considering its value and market share. This can be attributed to its widening application in the production of textiles, paper, rayon, blends, and wrinkle-resistant fabric. UF resins have favorable properties such as economical pricing, high reactivity, and high in performance.

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/formaldehyde-market

Formaldehyde Market (By Derivative: Urea Formaldehyde (UF) Resins, Phenol Formaldehyde (PF) Resins, MF Resins, PolyacetalResins, 1,4-butanediol, Pentaerythritol, Methylenebis; By Application: Fibers, Solvents, Plasticizers, Drying Agents, Resins, Other Chemical Intermediaries; By End-use: Healthcare, Consumer Goods, Automotive, Construction, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

Based on the application, the market is segmented into fibers, solvents, plasticizers, drying agents, resins, and other chemical intermediaries. By application, the resins segment accounted for the maximum share of the market in 2018 and is expected to maintain its dominance during the forecast period. Formaldehyde is used extensively in the manufacturing of phenolformaldehyde resin, urea formaldehyde resins, and melamine formaldehyde resin. These resins are highly utilized in the construction sector due to its properties such as high surface hardness, scratch resistance, low water absorption, high tensile strength, and low cost.

Based on the end-use of formaldehyde, the global formaldehyde market has been divided into consumer goods, automotive, healthcare, construction, and others. In 2018, the construction sector held the maximum share of the market and is anticipated to maintain its dominance during the forecast period. This can be attributed to the usage of formaldehyde in the making process of laminator countertops, cabinet doors, medium density fiberboard, and insulation.

Key players operating in the formaldehyde market are Alder S.p.A, BASF SE, Bayer Crop Science, Celanese AG, Dynea AS, Foremark Performance Chemicals, Georgia-Pacific Chemicals LLC, Huntsman International LLC, Johnson Matthey Process Technologies, Momentive Specialty ChemicalInc., and PerstorpOrgnr. Mergers, acquisitions, partnerships, and innovative product launch are the key strategies adopted by the industry players to enhance market share. Research and development activities of the universities and companies are finding alternatives to formaldehyde free products due to toxicity associated with it. Hence, this may negatively impact market growth.

Some of the key observations regarding the formaldehyde industry include:

  • In May 2019, Clariant, a specialty chemical company, collaborated with Wuxi Xiyuan for production in China. Clariant’sFamax 200 DS catalyst based technology was installed in Wuxi Xiyuan’s three formaldehyde plants in India and China.
  • In October 2017, Dynea AS announced the start of a formaldehyde plant using silver crystal as a catalyst. The plant is located in Kazincbarcika, Hungary and capable of producing 40,000 mtpy.
  • In June 2017, SK Capital, an investment firm, acquired D.B. Western, Inc. – Texas, a technology-driven producer of formaldehyde and its derivatives. After the acquisition, the company name changes to Foremark Performance Chemicals.
  • In October 2016, AkzoNobel launched Duracid FF (Duracid Formaldehyde Free wood coatings range) in partnership with Symphony Coatings at the W16 Furniture and Joinery Exhibition and Elements show in the UK.
  • In April 2013, Johnson Matthey, a specialty chemical company, acquired Perstorp catalyst business formaldehyde and Formox.

Market Segmentation

Market By Derivative

  • Urea Formaldehyde (UF) Resins
  • Phenol Formaldehyde (PF) Resins
  • MF Resins
  • PolyacetalResins
  • 1,4-butanediol
  • Pentaerythritol
  • Methylenebis

By Application

  • Fibers
  • Solvents
  • Plasticizers
  • Drying Agents
  • Resins
  • Other Chemical Intermediaries

By End-use

  • Healthcare
  • Consumer Goods
  • Automotive
  • Construction
  • Others

By Geography

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

- What is the overall structure of the market?

- What was the historical value and what is the forecasted value of the market?

- What are the key product level trends in the market?

- What are the market level trends in the market?

- Which of the market players are leading and what are their key differential strategies to retain their stronghold?

- Which are the most lucrative regions in the market space?

Request for Customization@ https://www.acumenresearchandconsulting.com/request-customization/1736

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Formaldehyde
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Formaldehyde Market By Derivative
1.2.2.1. Global Formaldehyde Market Revenue and Growth Rate Comparison By Derivative(2015-2026)
1.2.2.2. Global Formaldehyde Market Revenue Share By Derivative in 2018
1.2.2.3. Urea Formaldehyde (UF) Resins
1.2.2.4. Phenol Formaldehyde (PF) Resins
1.2.2.5. MF Resins
1.2.2.6. PolyacetalResins
1.2.2.7. 1,4-butanediol
1.2.2.8. Pentaerythritol
1.2.2.9. Methylenebis
1.2.3. Formaldehyde Market By Application
1.2.3.1. Global Formaldehyde Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Formaldehyde Market Revenue Share By Application in 2018
1.2.3.3. Fibers
1.2.3.4. Solvents
1.2.3.5. Plasticizers
1.2.3.6. Drying Agents
1.2.3.7. Resins
1.2.3.8. Other Chemical Intermediaries
1.2.4. Formaldehyde Market By End-User
1.2.4.1. Global Formaldehyde Market Revenue and Growth Rate Comparison By End-User(2015-2026)
1.2.4.2. Global Formaldehyde Market Revenue Share By End-User in 2018
1.2.4.3. Healthcare
1.2.4.4. Consumer Goods
1.2.4.5. Automotive
1.2.4.6. Construction
1.2.4.7. Others
1.2.5. Formaldehyde Market By Geography
1.2.5.1. Global Formaldehyde Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Formaldehyde Market Revenue and Growth Rate(2015-2026)
1.2.5.3. Europe Formaldehyde Market Revenue and Growth Rate(2015-2026)
1.2.5.4. Asia-Pacific Formaldehyde Market Revenue and Growth Rate(2015-2026)
1.2.5.5. Latin America Formaldehyde Market Revenue and Growth Rate(2015-2026)
1.2.5.6. Middle East and Africa (MEA)Formaldehyde Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING FORMALDEHYDE ANALYSIS
3.1. Capacity and Commercial Production Date of Global Formaldehyde Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Formaldehyde Major Manufacturers in 2018
3.3. R&D Status and Manufacturing End-User of Global Formaldehyde Major Manufacturers in 2018
3.4. Raw Materials End-Users Analysis of Global Formaldehyde Major Manufacturers in 2018

CHAPTER 4. FORMALDEHYDE MARKET BY DERIVATIVE
4.1. Global Formaldehyde Revenue By Derivative
4.2. Urea Formaldehyde (UF) Resins
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Phenol Formaldehyde (PF) Resins
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. MF Resins
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. PolyacetalResins
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. 1,4-butanediol
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Pentaerythritol
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.8. Methylenebis
4.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. FORMALDEHYDE MARKET BY APPLICATION
5.1. Global Formaldehyde Revenue By Application
5.2. Fibers
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Solvents
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Plasticizers
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Drying Agents
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Resins
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Other Chemical Intermediaries
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. FORMALDEHYDE MARKET BY END-USER
6.1. Global Formaldehyde Revenue By End-User
6.2. Healthcare
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Consumer Goods
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Automotive
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Construction
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA FORMALDEHYDE MARKET BY COUNTRY
7.1. North America Formaldehyde Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Formaldehyde Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Formaldehyde Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE FORMALDEHYDE MARKET BY COUNTRY
8.1. Europe Formaldehyde Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Formaldehyde Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC FORMALDEHYDE MARKET BY COUNTRY
9.1. Asia-Pacific Formaldehyde Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Formaldehyde Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA FORMALDEHYDE MARKET BY COUNTRY
10.1. Latin America Formaldehyde Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Formaldehyde Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST & AFRICA FORMALDEHYDE MARKET BY COUNTRY
11.1. Middle East & Africa Formaldehyde Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Formaldehyde Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Derivative, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE
12.1. Alder S.p.A
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. BASF SE
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Bayer Crop Science
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Celanese AG
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Dynea AS
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Foremark Performance Chemicals
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Georgia-Pacific Chemicals LLC
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Huntsman International LLC
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Johnson Matthey Process Technologies
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Momentive Specialty ChemicalInc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. PerstorpOrgnr. Mergers
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Others
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies

CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

The report is readily available and can be dispatched immediately after payment confirmation.

Buy this premium research report@ https://www.acumenresearchandconsulting.com/buy-now/0/1736

About Acumen Research and Consulting:

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

Contact Us:

Phone: +14079154157 | +14089009135

Website: https://www.acumenresearchandconsulting.com

Follow Us: LinkedIN | Twitter

Acumen Research
February 12, 2020, 13:44
0 reactions
0 views