1 / 6

Formaldehyde Market Analysis, Top Key Players, and Industry Statistics, 2027

Propelled by surging demand for vaccines during the COVID-19 pandemic, the formaldehyde market is slated to exhibit significant growth by 2027

marketreportsinsights
Download Presentation

Formaldehyde Market Analysis, Top Key Players, and Industry Statistics, 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Formaldehyde Market Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth 2027

  2. Propelled by surging demand for vaccines during the COVID-19 pandemic, the formaldehyde market is slated to exhibit significant growth by 2027. Additionally, prevalent application across varied industry verticals is likely to support market growth through the forecast timeline. • Following the COVID-19 outbreak, there has been a surge in focus on vaccine development to combat the pandemic. Formaldehyde is diluted during the vaccine production process although residual quantities of the compound are still present in some vaccines. These quantities do not pose any safety concerns, which has fostered market outlook during the pandemic. Moreover, prominent product usage as a disinfectant and sterilant has fueled industry expansion in recent years. • The formaldehyde market has been bifurcated on the basis of derivative, end-use application, and region. In terms of derivative, the market has further been segregated into polyoxymethylene/ polyacetal, PF resins, UF resins, MF resins, methylene diphenyl diisocyanate, pentaerythritol, 1,4 butanediol, hexamine, paraformaldehyde, and others. • The PF resins sub-segment and the MF resins sub-segment are estimated to grow at over 4.8% CAGR through the assessment timeframe. The polyoxymethylene/polyacetal sub-segment is anticipated to register substantial growth at a CAGR of around 4.5% over the analysis period.

  3. The formaldehyde market from the methylene diphenyl diisocyanate sub-segment is projected to reach a sizable revenue by 2027, expanding at a CAGR of more than 5.2% through the study timeline. The 1,4 butanediol sub-segment is speculated to progress at a CAGR of nearly 4.5% over the forecast timespan. The others sub-segment is calculated to grow at over 4.1% CAGR through the review period to attain a considerable valuation by the end of 2027. • With respect to end-use application, the market has been categorized into plasticizers, resins (adhesives & coatings), synthetic lubricants, textile, paints, elastic fibers, polyurethane foams, household/ electronic appliances, vulcanization accelerators, pesticides, and others. The textile sub-segment is anticipated to progress at a CAGR of above 5.2% through the forecast period. • Browse key industry insights spread across 300 pages with 247 market data tables and 43 figures & charts from the report, “Formaldehyde Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/formaldehyde-market

  4. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/3751

  5. Latest Research Report On Formaldehyde Market @ https://www.gminsights.com/industry-analysis/formaldehyde-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/3751 Request for customization @ https://www.gminsights.com/roc/3751

  6. THANK YOU www.gminsights.com

More Related