Global Paraformaldehyde Market Outlook 2018-2023

The global paraformaldehyde market is anticipated to grow at a significant CAGR of 5.3% by 2023. The market witnesses rising demands for the bio-agricultural industry and finds significant use in various domain due its functionality. The competition is getting fierce in the developing nations with the increase in production. Hence, expansion of various domain simultaneously leads to demand for paraformaldehyde in the global market.  

Paraformaldehyde market is driven by rise in demand for disinfectant, fungicide and fumigant. Rising demand in the agricultural sector due to rise in population is likely to propel the market growth during the forecast period. Additionally, rise in demand for organic fertilizers, chemical syntheses, consumer good, cleaning care and personal care products is most likely to contribute to the market growth during the forecast period. 

The market also receives overwhelming response in domains like pharmaceutical, paint, agricultural chemicals and bio-agriculture industry. Regulation compliance and severe health hazards for humans creates the market challenges during the forecast period. 

Geographically, the paraformaldehyde market is segmented as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to witness a significant market growth due to rise in production of paraformaldehyde in China. India being a major hub for bio-agriculture and technological advances stimulates global the market growth. 

North and South America witness a robust development because of rising production of wood panels, MDI and pentaerythrityl. Presence of key players is another growth factor for market development during the forecast period.

The key players profiled in the paraformaldehyde market report are Jinan Xiangrui Chemicals Co Ltd, Alfa Aesar, Parchem, Inter Atlas Chemical, Hebei Yuhang Chemical Industry Co., Ltd., Nantong Jiangtian Chemical Co., Ltd. And Changzhou Koye Chemical Co., Ltd. Other key players profiled are Linyi Ruifeng Machinery Co., Ltd., Caldic, Stormmax ASSP Ltd., Asia Chemical Company, Pure Chemistry Scientific Inc., Oswal Udhyog, Zibo Qingxin Chemicals Factory, and Orgpharma.  

Global paraformaldehyde market is anticipated to grow at a CAGR of 5.3% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for paraformaldehyde to 2023 offers detailed coverage of paraformaldehyde industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading paraformaldehyde producers to provide exhaustive coverage of the paraformaldehyde.

Report contents include
- Analysis of the paraformaldehyde market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on paraformaldehyde including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key vendors
- Alder S.p.A
- Asahi Kasei Corporation
- Celanese Corporation
- Chang Chun Group
- Methanol Chemicals Co
- Ercros, S.A.
- Ineos Group Limited
- request free sample to get a complete list of companies