Paraformaldehyde Market by New Trends, Regional Outlook, Drivers
The factors that propel the growth of the market include increasing population, and growing demand as a fumigant, disinfectant, fixative, and fungicide. Moreover, increasing demand for paraformaldehyde as a hygienic & medical disinfector in medicine and pharmaceuticals sector is likely to boost the market growth.
The factors that propel the growth of the market include increasing population, and growing demand as a fumigant, disinfectant, fixative, and fungicide. Moreover, increasing demand for paraformaldehyde as a hygienic & medical disinfector in medicine and pharmaceuticals sector is likely to boost the market growth.
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<strong>Paraformaldehyde</strong> <strong>Market</strong> Research Report <strong>by</strong><br />
Emerging Growth Factors, Key Vendors, Industry<br />
Analysis Forecast to 2024<br />
“Global <strong>Paraformaldehyde</strong> <strong>Market</strong> includes In-depth<br />
Analysis of industry <strong>by</strong> recent technologies, trends,<br />
opportunities, challenges, key players and business<br />
strategies considering types, segment, and future<br />
analysis.”<br />
5 February, 2019: Global <strong>Paraformaldehyde</strong> <strong>Market</strong> is anticipated to witness an exponential growth in the forecast<br />
period. <strong>Paraformaldehyde</strong> is a low molecular polycondensation compound of methylene glycol with the nature of<br />
formaldehyde. It is formed <strong>by</strong> polymerization of methanol <strong>by</strong> heating and is usually white crystalline in nature.<br />
The factors that propel the growth of the market include increasing population, and growing demand as a fumigant,<br />
disinfectant, fixative, and fungicide. Moreover, increasing demand for paraformaldehyde as a hygienic & medical<br />
disinfector in medicine and pharmaceuticals sector is likely to boost the market growth. On the other hand, there are<br />
factors that may hamper the growth of the market including side effects like cancer and nasal & ocular irritation.<br />
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/paraformaldehyde-market<br />
The market is anticipated to grow at a CAGR of 5.3% in the upcoming period as the scope, product types, and its<br />
applications are increasing across the globe. The latest trend gaining huge traction in the market is growing demand for<br />
resins <strong>by</strong> the shipping industry. The shipping industry was stagnant in the past but has been recording a substantial
growth in the recent years. There is a growing demand for sail boats, power boats, speed boats, and cruise ships that has<br />
led to a surge in marine traffic.<br />
The market could be explored <strong>by</strong> application and geography. The key applications that could be explored in the market<br />
include Resins, Agrochemical, and Medical application. The “Agrochemical” segment led the market in 2016 and will<br />
continue to lead in the forecast period. The key factors that may be attributed to the growth of market include rising<br />
population, and growing usage in the production.<br />
Asia-Pacific accounted for the major share of the paraformaldehyde market in 2016 and will continue to lead in the<br />
forecast period. The factors that could be attributed to the growth include increasing production of paraformaldehyde in<br />
China, increasing development in automotive, construction, and agricultural sectors, substantial rise pertaining to growth<br />
in pharmaceutical, oil & gas, and automotive industries, and increasing disposable income. Asia-Pacific is likely to be<br />
followed <strong>by</strong> Europe and North America owing to increased production of pentaerythritol, laminates, MDI and wood<br />
panels in the years to come.<br />
Some of the key players that fuel the growth of the paraformaldehyde market comprise Caldic, Alfa Aesar, Ekta<br />
International, Chang Chun Group, Kothari Phytochemicals & Industries, GFS Chemicals, NANGTON JIANGTIAN<br />
CHEMICALS, Alder, LCY Group, Simalin Chemicals Industries, Shouguang Xuedong Chemical, OSWAL UDHYOG,<br />
Celanese, Synthite Limited, Ercros, Chemanol, PT. Dover Chemical and INEOS. The leading companies are taking up<br />
partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.<br />
Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/paraformaldehydemarket/request-sample<br />
<strong>Market</strong> Segment:<br />
Report contents include<br />
• Analysis of the paraformaldehyde market including revenues, future growth, market outlook<br />
• Historical data and forecast<br />
• <strong>Regional</strong> analysis including growth estimates<br />
• Analyzes the end user markets including growth estimates.<br />
• Profiles on paraformaldehyde including products, sales/revenues, and market position<br />
• <strong>Market</strong> structure, market drivers and restraints.<br />
Key regions<br />
• North America
• Europe<br />
• Asia Pacific<br />
• Middle East and Africa<br />
• South America<br />
See More Reports of This Category <strong>by</strong> Million Insights @ https://www.millioninsights.com/industry/chemicals<br />
Key vendors<br />
• Alder S.p.A<br />
• Asahi Kasei Corporation<br />
• Celanese Corporation<br />
• Chang Chun Group<br />
• Methanol Chemicals Co<br />
• Ercros, S.A.<br />
• Ineos Group Limited<br />
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/paraformaldehyde-market
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