We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.ContinueLearn More X
Transparency Market Research, New York: Characteristics of formaldehyde such as heat-resistance, chemical resistance, durability, and rigidity will serve as vital growth accelerators for the formaldehyde market across the forecast period of 2019-2027. The booming construction industry may also prove to be a boon for the growth of the formaldehyde market. The use of formaldehyde in developing furniture may also bring good growth opportunities.
The global formaldehyde market was valued at ~US$ 8.6 bn in 2018 and is anticipated to expand at a CAGR of ~3 percent during the forecast period of 2019-2027 according to the Transparency Market Research (TMR) analysts.
The use of formaldehyde across diverse applications such as chemical, building and construction, health care, agriculture, and automotive may bring tremendous growth prospects for the formaldehyde market. The antibacterial properties of formaldehyde also invite extensive requirements in the production of vaccines and disinfectants, which have recently seen a rise in demand due to the COVID-19 outbreak.
Request for Covid-19 Impact Analysis on Formaldehyde Market: https://www.transparencymarketresearch.com/Covid19.php
Formaldehyde Market: Transparency Expert Diagnosis
The analysts predict a massive rise in the adoption of urea-formaldehyde and phenol-formaldehyde resins across the forecast period despite the stringent regulations on the use of formaldehyde. As the properties of these products are in tandem with the customer requirements, they will incur great growth during the assessment period according to the analysts.
The analysts advise the players in the formaldehyde market to focus on extensive growth opportunities across the U.S., China, and Europe as the demand for wood-based panels is growing at a rapid rate.
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php
Formaldehyde Market: Vital Revelations
View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/1367
Formaldehyde Market: Growth Prospects
Formaldehydes display good adhesive strength and moisture-resistant properties. This aspect may generate great demand from the construction industry and bring extensive growth opportunities for the formaldehyde market during the forecast period.
Purchase Premium Research Report on Formaldehyde Market @ https://www.transparencymarketresearch.com/checkout.php
Formaldehyde Market: Growth Restraints
Browse More Press Releases: https://www.transparencymarketresearch.com/press-releases.htm
Global Formaldehyde Market: Segmentation
By End Use
Browse Latest Reports by TMR: https://www.transparencymarketresearch.com/latest.htm
Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,
Soil Conditioners Market – According to the United Nations’ projections, the global population is estimated to reach 8.5 billion by 2030, which is estimated to further exceed 9.1 Bn by 2050. Growth in population and dearth of arable land is likely to boost the demand for rich agricultural yields in the near future. This, in turn, is projected to create opportunities in the soil conditioners market by 2026. Increasing demand for soil with high nutritive content is raising awareness about soil management practices.
Wind Turbines Market – Decline in cost of wind power couple with the cry for moving swiftly to renewable sources of energy are leading to growth in wind turbines market. It set to chart a steady CAGR (Compound Annual Growth Rate). It will not just create some valuable growth opportunities for players but will also help increase the market worth over the coming few years.
Eco Fiber Market – The demand in the global eco fiber market is rising at significant rate due to increasing environmental consciousness among people. Use of organic fibers supports development of conservative synthetic cotton like no use of pesticides or chemicals. This protects agricultural and environments from chronic diseases, help in generating larger returns for farmers, and improve water utilization. It also helps in reducing dependency on resources and results in increased biodiversity.
Glass Curtain Wall Market – Significant rise in the building and construction sector across the globe is the key factors accelerating growth in the global glass curtain market. Moreover, the growing demand for r energy-efficient façade systems and stringent regulations related to the environment has further augmented growth in the market. Adding further, technological advancements that are taking place in the glass industry along with the growth was seen in commercial and industrial construction activities has further augmented the demand in the global glass curtain wall market.
Explore More Upcoming Reports: https://www.transparencymarketresearch.com/upcoming.htm
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY – 12207
USA – Canada Toll Free: 866-552-3453
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/formaldehyde-market.htm