Paraformaldehyde Market 2018 Top Key Players - Parchem, Inter Atlas Chemical, GFS Chemicals, Alfa Aesar, Shanghai Orgpharma Chemical Co., Ltd., Ekta International, Thana Acid, Oswal Udhyog, Asia Chemical Company
Worldwide paraformaldehyde market was worth USD 493.2 million in 2015 and will generate a revenue of USD 800 million by 2024,
(EMAILWIRE.COM, August 08, 2018 ) Subject to the varied uses of paraformaldehyde across the cosmetic, agricultural, and pharmaceutical sectors, Paraformaldehyde industry will grow exponentially over the next few years. Additionally, this chemical is used in the manufacture of fertilizers, fluorescent lights, and cleaning products, and also in the photography & printing sector, which will suitably impel the business expansion. As per the report by Global Market Insights, Inc.,
Worldwide paraformaldehyde market was worth USD 493.2 million in 2015 and will generate a revenue of USD 800 million by 2024, with a CAGR projection of more than 6% over the coming years of 2016 to 2024.
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Agrochemical applications covered more than 40% of the revenue share in paraformaldehyde industry and will register an annual growth rate of more than 6% over the period of 2016 to 2024. The attributing factor toward the growth of this market is the shifting trends to increase crop-yield for fulfilling the globally escalating demand for food. Agrochemicals are in high demand across the U.S., owing to the significant consumption of the product in the farming sector, subject to which U.S. paraformaldehyde market will grow considerably.
Top Key Players:-
The noteworthy players in paraformaldehyde market are Zibo Qingxin Chemicals Factory, Pure Chemistry Scientific, Inc., Tianjin Yuanlong Chemical Industry Co, Ltd., Asia Chemical Corporation, Oswal Udhyog, Linyi Ruifeng Machinery Co., Ltd, Stormmax ASSP Ltd., Changzhou Koye Chemical Co Ltd., Caldic, Interatlas Chemical Inc., Nantong Jiangtian Chemical Co Ltd., Ekta International, GFS Chemicals, Jinan Xiangrui Chemical Co., Ltd., Alfa Aesar, Hebei Yuhang Chemical Industry Co, Ltd., and Alpha Chemika.
With U.S. at the helm, North America paraformaldehyde market will grow lucratively over the years ahead, having collected a revenue of USD 85.4 million in 2015. Growing infrastructure development across this region will augment the industry growth, in addition to the development of the pharmaceutical.
This product can be used widely as a fixative and disinfectant, owing to which it is used extensively in the medical as well as pharmaceutical sectors. As per the study, pharmaceutical industry will collect a revenue of USD 1.5 trillion by 2024, growing at an annual rate of more than 4% over the coming timeframe. The surging population along with growing spending capability of consumers will fuel paraformaldehyde market. In 2015, medical applications consumed 26.19 kilo-tons volume of the product and will continue to contribute significantly to overall paraformaldehyde market.
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The automotive sector is on the verge of consistent expansion across the continent of Europe. Paraformaldehyde based resins are prominently used in vehicle manufacturing for the various components such as molding, bearing, and adhesives, subject to which paraformaldehyde market in Europe will rise considerably. Resins accounted for more than 40% of revenue share in application segment of paraformaldehyde market in 2015 and will record a CAGR of about 5% over the coming years of 2016 to 2024. Owing to the properties such as corrosion and chemical resistance, the product is extensively across the aerospace, automotive, rubber, paper, and paints & coatings sectors.
Asia Pacific paraformaldehyde industry covered over 55% global market share in 2015 and will exhibit considerable annual growth rate over the coming seven years. Growing spending on construction activities across the emerging countries of this region will propel the requirement of the product. As per the study, India invested USD 420 billion in infrastructure development in 2015 and in the same year, China spent USD 1.75 trillion on construction projects.
Chapter 4. Paraformaldehyde Market, By Application
4.1. Paraformaldehyde market share by application, 2015 & 2024
4.2. Resins
4.2.1. Market estimates and forecasts, 2013 2024
4.2.2. Market estimates and forecasts by region, 2013 2024
4.3. Agrochemicals
4.3.1. Market estimates and forecasts, 2013 2024
4.3.2. Market estimates and forecasts by region, 2013 2024
4.4. Medical applications
4.4.1. Market estimates and forecasts, 2013 2024
4.4.2. Market estimates and forecasts by region, 2013 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 2024
4.5.2. Market estimates and forecasts by region, 2013 2024
Chapter 5. Paraformaldehyde Market, By Region
5.1. Paraformaldehyde market share by region, 2015 & 2024
5.2. North America
5.2.1. North America market estimates and forecast, 2013 2024
5.2.2. North America Market estimates and forecasts by application, 2013 2024
5.2.3. U.S.
5.2.3.1. U.S. market estimates and forecast, 2013 2024
5.2.3.2. U.S. market estimates and forecasts by application, 2013 2024
5.2.4. Canada
5.2.4.1. Canada market estimates and forecast, 2013 2024
5.2.4.2. Canada market estimates and forecasts by application, 2013 2024
5.3. Europe
5.3.1. Europe market estimates and forecast, 2013 2024
5.3.2. Europe market estimates and forecasts by application, 2013 2024
5.3.3. Germany
5.3.3.1. Germany market estimates and forecast, 2013 2024
5.3.3.2. Germany market estimates and forecasts by application, 2013 2024
5.3.4. UK
5.3.4.1. UK market estimates and forecast, 2013 2024
5.3.4.2. UK market estimates and forecasts by application, 2013 2024
5.3.5. France
5.3.5.1. France market estimates and forecast, 2013 2024
5.3.5.2. France market estimates and forecasts by application, 2013 2024
5.3.6. Spain
5.3.6.1. Spain market estimates and forecast, 2013 2024
5.3.6.2. Spain market estimates and forecasts by application, 2013 2024
5.3.7. Italy
5.3.7.1. Italy market estimates and forecast, 2013 2024
5.3.7.2. Italy market estimates and forecasts by application, 2013 2024
5.4. Asia Pacific
5.4.1. Asia Pacific market estimates and forecast, 2013 2024
5.4.2. Asia Pacific market estimates and forecasts by application, 2013 2024
5.4.3. China
5.4.3.1. China market estimates and forecast, 2013 2024
5.4.3.2. China market estimates and forecasts by application, 2013 2024
5.4.4. India
5.4.4.1. India market estimates and forecast, 2013 2024
5.4.4.2. India market estimates and forecasts by application, 2013 2024
5.4.5. Japan
5.4.5.1. Japan market estimates and forecast, 2013 2024
5.4.5.2. Japan market estimates and forecasts by application, 2013 2024
5.4.6. Australia
5.4.6.1. Australia market estimates and forecast, 2013 2024
5.4.6.2. Australia market estimates and forecasts by application, 2013 2024
5.4.7. Indonesia
5.4.7.1. Indonesia market estimates and forecast, 2013 2024
5.4.7.2. Indonesia market estimates and forecasts by application, 2013 2024
5.4.8. Malaysia
5.4.8.1. Malaysia market estimates and forecast, 2013 2024
5.4.8.2. Malaysia market estimates and forecasts by application, 2013 2024
5.5. Latin America (LATAM)
5.5.1. LATAM market estimates and forecast, 2013 2024
5.5.2. LATAM market estimates and forecasts by application, 2013 2024
5.5.3. Brazil
5.5.3.1. Brazil market estimates and forecast, 2013 2024
5.5.3.2. Brazil market estimates and forecasts by application, 2013 2024
5.5.4. Mexico
5.5.4.1. Mexico market estimates and forecast, 2013 2024
5.5.4.2. Mexico market estimates and forecasts by application, 2013 2024
Worldwide paraformaldehyde market was worth USD 493.2 million in 2015 and will generate a revenue of USD 800 million by 2024, with a CAGR projection of more than 6% over the coming years of 2016 to 2024.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1207
Agrochemical applications covered more than 40% of the revenue share in paraformaldehyde industry and will register an annual growth rate of more than 6% over the period of 2016 to 2024. The attributing factor toward the growth of this market is the shifting trends to increase crop-yield for fulfilling the globally escalating demand for food. Agrochemicals are in high demand across the U.S., owing to the significant consumption of the product in the farming sector, subject to which U.S. paraformaldehyde market will grow considerably.
Top Key Players:-
The noteworthy players in paraformaldehyde market are Zibo Qingxin Chemicals Factory, Pure Chemistry Scientific, Inc., Tianjin Yuanlong Chemical Industry Co, Ltd., Asia Chemical Corporation, Oswal Udhyog, Linyi Ruifeng Machinery Co., Ltd, Stormmax ASSP Ltd., Changzhou Koye Chemical Co Ltd., Caldic, Interatlas Chemical Inc., Nantong Jiangtian Chemical Co Ltd., Ekta International, GFS Chemicals, Jinan Xiangrui Chemical Co., Ltd., Alfa Aesar, Hebei Yuhang Chemical Industry Co, Ltd., and Alpha Chemika.
With U.S. at the helm, North America paraformaldehyde market will grow lucratively over the years ahead, having collected a revenue of USD 85.4 million in 2015. Growing infrastructure development across this region will augment the industry growth, in addition to the development of the pharmaceutical.
This product can be used widely as a fixative and disinfectant, owing to which it is used extensively in the medical as well as pharmaceutical sectors. As per the study, pharmaceutical industry will collect a revenue of USD 1.5 trillion by 2024, growing at an annual rate of more than 4% over the coming timeframe. The surging population along with growing spending capability of consumers will fuel paraformaldehyde market. In 2015, medical applications consumed 26.19 kilo-tons volume of the product and will continue to contribute significantly to overall paraformaldehyde market.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1207
The automotive sector is on the verge of consistent expansion across the continent of Europe. Paraformaldehyde based resins are prominently used in vehicle manufacturing for the various components such as molding, bearing, and adhesives, subject to which paraformaldehyde market in Europe will rise considerably. Resins accounted for more than 40% of revenue share in application segment of paraformaldehyde market in 2015 and will record a CAGR of about 5% over the coming years of 2016 to 2024. Owing to the properties such as corrosion and chemical resistance, the product is extensively across the aerospace, automotive, rubber, paper, and paints & coatings sectors.
Asia Pacific paraformaldehyde industry covered over 55% global market share in 2015 and will exhibit considerable annual growth rate over the coming seven years. Growing spending on construction activities across the emerging countries of this region will propel the requirement of the product. As per the study, India invested USD 420 billion in infrastructure development in 2015 and in the same year, China spent USD 1.75 trillion on construction projects.
Chapter 4. Paraformaldehyde Market, By Application
4.1. Paraformaldehyde market share by application, 2015 & 2024
4.2. Resins
4.2.1. Market estimates and forecasts, 2013 2024
4.2.2. Market estimates and forecasts by region, 2013 2024
4.3. Agrochemicals
4.3.1. Market estimates and forecasts, 2013 2024
4.3.2. Market estimates and forecasts by region, 2013 2024
4.4. Medical applications
4.4.1. Market estimates and forecasts, 2013 2024
4.4.2. Market estimates and forecasts by region, 2013 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 2024
4.5.2. Market estimates and forecasts by region, 2013 2024
Chapter 5. Paraformaldehyde Market, By Region
5.1. Paraformaldehyde market share by region, 2015 & 2024
5.2. North America
5.2.1. North America market estimates and forecast, 2013 2024
5.2.2. North America Market estimates and forecasts by application, 2013 2024
5.2.3. U.S.
5.2.3.1. U.S. market estimates and forecast, 2013 2024
5.2.3.2. U.S. market estimates and forecasts by application, 2013 2024
5.2.4. Canada
5.2.4.1. Canada market estimates and forecast, 2013 2024
5.2.4.2. Canada market estimates and forecasts by application, 2013 2024
5.3. Europe
5.3.1. Europe market estimates and forecast, 2013 2024
5.3.2. Europe market estimates and forecasts by application, 2013 2024
5.3.3. Germany
5.3.3.1. Germany market estimates and forecast, 2013 2024
5.3.3.2. Germany market estimates and forecasts by application, 2013 2024
5.3.4. UK
5.3.4.1. UK market estimates and forecast, 2013 2024
5.3.4.2. UK market estimates and forecasts by application, 2013 2024
5.3.5. France
5.3.5.1. France market estimates and forecast, 2013 2024
5.3.5.2. France market estimates and forecasts by application, 2013 2024
5.3.6. Spain
5.3.6.1. Spain market estimates and forecast, 2013 2024
5.3.6.2. Spain market estimates and forecasts by application, 2013 2024
5.3.7. Italy
5.3.7.1. Italy market estimates and forecast, 2013 2024
5.3.7.2. Italy market estimates and forecasts by application, 2013 2024
5.4. Asia Pacific
5.4.1. Asia Pacific market estimates and forecast, 2013 2024
5.4.2. Asia Pacific market estimates and forecasts by application, 2013 2024
5.4.3. China
5.4.3.1. China market estimates and forecast, 2013 2024
5.4.3.2. China market estimates and forecasts by application, 2013 2024
5.4.4. India
5.4.4.1. India market estimates and forecast, 2013 2024
5.4.4.2. India market estimates and forecasts by application, 2013 2024
5.4.5. Japan
5.4.5.1. Japan market estimates and forecast, 2013 2024
5.4.5.2. Japan market estimates and forecasts by application, 2013 2024
5.4.6. Australia
5.4.6.1. Australia market estimates and forecast, 2013 2024
5.4.6.2. Australia market estimates and forecasts by application, 2013 2024
5.4.7. Indonesia
5.4.7.1. Indonesia market estimates and forecast, 2013 2024
5.4.7.2. Indonesia market estimates and forecasts by application, 2013 2024
5.4.8. Malaysia
5.4.8.1. Malaysia market estimates and forecast, 2013 2024
5.4.8.2. Malaysia market estimates and forecasts by application, 2013 2024
5.5. Latin America (LATAM)
5.5.1. LATAM market estimates and forecast, 2013 2024
5.5.2. LATAM market estimates and forecasts by application, 2013 2024
5.5.3. Brazil
5.5.3.1. Brazil market estimates and forecast, 2013 2024
5.5.3.2. Brazil market estimates and forecasts by application, 2013 2024
5.5.4. Mexico
5.5.4.1. Mexico market estimates and forecast, 2013 2024
5.5.4.2. Mexico market estimates and forecasts by application, 2013 2024
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results