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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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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

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