Global Paraformaldehyde Market Growth 2019-2024

SKU ID : LPI-13842329 | Publishing Date : 07-Feb-2019 | No. of pages : 161

Paraformaldehyde is a white crystalline solid formed by polymerization of formaldehyde. It is used to make various resins with mainly phenol (melamine resin; phenol resin; vinylon; polyacetal resin; terephthalic acid; diphenyl methane diisocyanate, acrylic acid esters). Paraformaldehyde is also mainly used in (1) Pesticides: synthesis of acetochlor, butachlor, and glyphosate; (2) Medicine and pharmaceutics: produce vitamin A; (3) Coatings: synthesis of high grade automobile paint.
At present, in the foreign industrial developed countries the paraformaldehyde industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Spain, United States and China. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with china’s companies, the manufacturing cost is competitive disadvantage. As the China’s paraformaldehyde manufacturers production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
China paraformaldehyde industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international paraformaldehyde large consumption country, but the production technology is relatively laggard, the manufacturers can only produce some low-end product, although after 2010 the new production lines is increasing, the technology is still relying on import.
The paraformaldehyde is mainly used in pesticide, medicine, coating, synthetic resin and most used in the production of pesticide synthesis of glyphosate herbicide. We forecast that it will increase in the next few year.
The upstream material-Formaldehyde also face the oversupply situation in china, meantime the decreasing demand of downstream application, paraformaldehyde industry will keep in the capacity saturated situation, with the gross margin, paraformaldehyde industry will keep a low growth and price decreased trend.
In summary, paraformaldehyde industry is not suitable for the new entrants to compete in it. The old manufacturers also need to closely concern the changes in this industry.

According to this study, over the next five years the Paraformaldehyde market will register a 4.7% CAGR in terms of revenue, the global market size will reach US$ 610 million by 2024, from US$ 460 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Paraformaldehyde business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Paraformaldehyde market by product type, application, key manufacturers and key regions and countries.

This study considers the Paraformaldehyde value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
PF(91% ~ 93% )
PF(95% ~ 97% )
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pesticide
Coating
Resin
Papermaking
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ercros
Celanese
CCP
Merck
Chemanol
Caldic
Shandong Tuobo
LCY Chemical
Yinhe Chemical
Nantong Jiangtian
Wanhua Chemical
LINYI TAIER
Shouguang Xudong
Xiangrui Chemical

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Paraformaldehyde consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Paraformaldehyde market by identifying its various subsegments.
Focuses on the key global Paraformaldehyde manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Paraformaldehyde with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Paraformaldehyde submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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