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Formaldehyde-free Resin Market report categorizes global market by product type, application, and end-use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016u20132024<br><br>
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Formaldehyde-free Resin Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026 Formaldehyde-free resin is an excellent replacement of the conventional urea-formaldehyde and phenol-formaldehyde resins used for insulation purpose in furniture, adhesive and construction industry. Formaldehyde-free resins are also used in the textile industry to increase the color retention of various shades of jeans. The phenol-formaldehyde (PF) resin industry is facing an increasing challenge with respect to concerns regarding human health owing to the consumption of carcinogenic formaldehyde. Also inclusion of petroleum-based phenol in PF resin manufacturing poses risk towards sustainability. Formaldehyde-free resin offer enhanced moisture resistance, excellent adhesion and cure performance when used in wood adhesives for industrial as well as residential applications. This has led to increase in the use of formaldehyde-free resin in the adhesive industry, which has amplified the growth of formaldehyde-free resin market. Formaldehyde-free resins are also used for binding fiberglass filaments in the fabrication of industrial nonwovens, including fiberglass webs used in roofing insulation, flooring, and HVAC filters. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/302 High price of the formaldehyde-free resin is expected to be one of the restraining factors for the growth of formaldehyde-free resin industry over the forecast period. Research and development related to lowering the cost of the formaldehyde resin in the near future is one of the key strategies implemented by the market players to maintain their position. Some of the companies operating in the global formaldehyde-free resin market are Georgia-Pacific
Chemicals LLC., The Dow Chemical Company, DSM, ARCL Organics Ltd., allnex group, Emerald Performance Materials, BASF SE, and Hexion. For More Information: http://bit.ly/2KCNN1p About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com