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Materials and Chemicals

Paraformaldehyde Market by Application (Resins, Agrochemicals, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

  • ALL4676919
  • 150 Pages
  • September 2021
  • Materials and Chemicals
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The paraformaldehyde market size was valued at $1.6 billion in 2020, and is projected to reach $2.8 billion by 2030, at a CAGR of 5.5% from 2021 to 2030.

Paraformaldehyde is a white crystalline solid, which is widely used as a disinfectant and fixative. Polyformaldehyde has a strong pungent odor similar to that of formaldehyde due to decomposition. It contains 89–91% formaldehyde and 9–11% water. Vacuum drying process and spray drying are the two major processes used to manufacture paraformaldehyde. It is toxic and is a potential carcinogen.

The significant growth of the agricultural sector is expected to foster the demand for paraformaldehyde, thereby driving the growth of the global paraformaldehyde market. Paraformaldehyde is depolymerized and used as a fumigant, disinfectant, bactericide, and fixative. Paraformaldehyde is further used to make thermoplastics. Therefore, rise in demand for thermoplastics in the construction industry and development of the plastics industry promote the market growth. Moreover, paraformaldehyde is used to make resin adhesives, which, in turn, are used to make particleboard, medium-density fiberboard, and plywood using melamine, phenol, or other reactants. In addition, it is used to synthesize trimethylolpropane, melamine resin, urea resin, ethylene glycol & ion exchange resin, pentaerythritol, phenolic resin, and N-methylolacrylamide. Thus, increase in applications of paraformaldehyde notably contributes toward the growth of the global market. However, toxicity and carcinogenicity of paraformaldehyde are expected to hinder market growth. In addition, the transportation of paraformaldehyde is hazardous, which limits the market growth.

The global paraformaldehyde market is segmented into application and region. By application, the market is categorized into resins, agrochemicals, medical, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major companies profiled in this report include Alfa Aesar, Alpha Chemika, Caldic, Celanese, Chemanol, Ekta International, Ercros, Jinan Xiangrui Chemical Co., Ltd., Merck, and Yinhe Chemical. The global paraformaldehyde market report provides in-depth competitive analysis as well as profiles of these major players.

1.1. Key benefits for stakeholders

• The report outlines the current paraformaldehyde market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.

• The Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.

• The major countries in the region have been mapped according to their individual revenue contribution to the regional market.

• The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the study.

• The profiles of key players and their key strategic developments are enlisted in the report.

1.2. KEY MARKET SEGMENTS

By Application

• Resins

• Agrochemicals

• Medical

• Others

By Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o France

o Germany

o UK

o Spain

o Italy

o Rest of Europe

• Asia-Pacific

o India

o China

o Japan

o South Korea

o Australia

o Rest of Asia-Pacific

• LAMEA

o Brazil

o Saudi Arabia

o South Africa

o Rest of LAMEA

KEY MARKET PLAYERS

1. Alfa Aesar

2. Alpha Chemika

3. Caldic

4. Celanese

5. Chemanol

6. Ekta International

7. Ercros

8. Jinan Xiangrui Chemical Co., Ltd.

9. Merck

10. Yinhe Chemical

CHAPTER 1:INTRODUCTION

1.1.Report description

1.2.Key benefits for stakeholders

1.3.Key market segments

1.4.Research methodology

1.4.1.Secondary research

1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope

3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in applications of paraformaldehyde

3.4.2.Restraints

3.4.2.1.Health effects of paraformaldehyde

3.4.3.Opportunity

3.4.3.1.Growing demand from diverse industries to encourage growth

3.5.Patent analysis, 2015–2020

3.5.1.Patent analysis, by country

3.6.Impact of government rules and regulations

3.7.Impact of Corona (COVID-19) outbreak on the paraformaldehyde market

3.8.Pricing analysis

CHAPTER 4:PARAFORMALDEHYDE MARKET, BY APPLICATION

4.1.Overview

4.1.1.Market size and forecast

4.2.Resins

4.2.1.Key market trends, growth factors, and opportunities

4.2.2.Market size and forecast, by region

4.2.3.Market share analysis, by country

4.3.Agrochemicals

4.3.1.Key market trends, growth factors, and opportunities

4.3.2.Market size and forecast, by region

4.3.3.Market share analysis, by country

4.4.Medical

4.4.1.Key market trends, growth factors, and opportunities

4.4.2.Market size and forecast, by region

4.4.3.Market share analysis, by country

4.5.Other

4.5.1.Key market trends, growth factors, and opportunities

4.5.2.Market size and forecast, by region

4.5.3.Market share analysis, by country

CHAPTER 5:PARAFORMALDEHYDE MARKET, BY REGION

5.1.Overview

5.1.1.Market size and forecast, by region

5.2.North America

5.2.1.Key market trends, growth factors, and opportunities

5.2.2.Market size and forecast, by application

5.2.3.Market size and forecast, by country

5.2.3.1.U.S.

5.2.3.1.1.Market size and forecast, by application

5.2.3.2.Canada

5.2.3.2.1.Market size and forecast, by application

5.2.3.3.Mexico

5.2.3.3.1.Market size and forecast, by application

5.3.Europe

5.3.1.Key market trends, growth factors, and opportunities

5.3.2.Market size and forecast, by application

5.3.3.Market size and forecast, by country

5.3.3.1.Germany

5.3.3.1.1.Market size and forecast, by application

5.3.3.2.UK

5.3.3.2.1.Market size and forecast, by application

5.3.3.3.France

5.3.3.3.1.Market size and forecast, by application

5.3.3.4.Spain

5.3.3.4.1.Market size and forecast, by application

5.3.3.5.Italy

5.3.3.5.1.Market size and forecast, by application

5.3.3.6.Rest of Europe

5.3.3.6.1.Market size and forecast, by application

5.4.Asia-Pacific

5.4.1.Key market trends, growth factors, and opportunities

5.4.2.Market size and forecast, by application

5.4.3.Market size and forecast, by country

5.4.3.1.China

5.4.3.1.1.Market size and forecast, by application

5.4.3.2.Japan

5.4.3.2.1.Market size and forecast, by application

5.4.3.3.India

5.4.3.3.1.Market size and forecast, by application

5.4.3.4.South Korea

5.4.3.4.1.Market size and forecast, by application

5.4.3.5.Australia

5.4.3.5.1.Market size and forecast, by application

5.4.3.6.Rest of Asia-Pacific

5.4.3.6.1.Market size and forecast, by application

5.5.LAMEA

5.5.1.Key market trends, growth factors, and opportunities

5.5.2.Market size and forecast, by application

5.5.3.Market size and forecast, by country

5.5.3.1.Latin America

5.5.3.1.1.Market size and forecast, by application

5.5.3.2.Middle East

5.5.3.2.1.Market size and forecast, by application

5.5.3.3.Africa

5.5.3.3.1.Market size and forecast, by application

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.INTRODUCTION

6.1.1.MARKET PLAYER POSITIONING, 2020

6.2.TOP WINNING STRATEGIES

6.2.1.Top winning strategies, by year

6.2.2.Top winning strategies, by development

6.2.3.Top winning strategies, by company

6.3.PRODUCT MAPPING OF TOP 10 PLAYER

6.4.COMPETITIVE HEATMAP

6.5.KEY DEVELOPMENTS

6.5.1.Expansions

6.5.2.Acquisition

CHAPTER 7:COMPANY PROFILES:

7.1.Alpha Chemika

7.1.1.Company overview

7.1.2.Company snapshot

7.1.3.Product portfolio

7.2.Caldic

7.2.1.Company overview

7.2.2.Company snapshot

7.2.3.Product portfolio

7.2.4.Key strategic moves and developments

7.3.CELANESE CORPORATION

7.3.1.Company overview

7.3.2.Company snapshot

7.3.3.Operating business segments

7.3.4.Product portfolio

7.3.5.Business performance

7.4.Chemanol

7.4.1.Company overview

7.4.2.Company snapshot

7.4.3.Product portfolio

7.5.Ekta International

7.5.1.Company overview

7.5.2.Company snapshot

7.5.3.Product portfolio

7.6.Ercros

7.6.1.Company overview

7.6.2.Company snapshot

7.6.3.Product portfolio

7.6.4.Business performance

7.6.5.Key strategic moves and developments

7.7.GFS Chemical

7.7.1.Company overview

7.7.2.Company snapshot

7.7.3.Product portfolio

7.8.Merck Group

7.8.1.Company overview

7.8.2.Company snapshot

7.8.3.Operating business segments

7.8.4.Product portfolio

7.8.5.Business performance

7.9.THERMO FISHER SCIENTIFIC

7.9.1.Company overview

7.9.2.Company snapshot

7.9.3.Operating business segments

7.9.4.Product portfolio

7.9.5.Business performance

7.9.6.Key strategic moves and developments

7.10.Thana Acid & Chemical Company

7.10.1.Company overview

7.10.2.Company snapshot

7.10.3.Product portfolio

LIST OF TABLES

TABLE 01.PARAFORMALDEHYDE PRICING FORECAST BY TYPE,2020–2030 ($/KILOTON)

TABLE 02.PARAFORMALDEHYDE PRICING FORECAST BY REGION, 2020–2030 ($/KILOTON)

TABLE 03.PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 (KILOTONS)

TABLE 04.PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 05.PARAFORMALDEHYDE MARKET FOR RESINS, BY REGION, 2020-2030 (KILOTONS)

TABLE 06.PARAFORMALDEHYDE MARKET FOR RESINS, BY REGION, 2020-2030 ($MILLION)

TABLE 07.PARAFORMALDEHYDE MARKET FOR AGROCHEMICALS, BY REGION, 2020-2030(KILOTONS)

TABLE 08.PARAFORMALDEHYDE MARKET FOR AGROCHEMICALS, BY REGION, 2020-2030 ($MILLION)

TABLE 09.PARAFORMALDEHYDE MARKET FOR MEDICAL, BY REGION, 2020-2030(KILOTONS)

TABLE 10.PARAFORMALDEHYDE MARKET FOR MEDICAL, BY REGION, 2020-2030 ($MILLION)

TABLE 11.PARAFORMALDEHYDE MARKET FOR OTHER, BY REGION, 2020-2030(KILOTONS)

TABLE 12.PARAFORMALDEHYDE MARKET FOR OTHER, BY REGION, 2020-2030 ($MILLION)

TABLE 13.PARAFORMALDEHYDE MARKET, BY REGION 2020-2030(KILOTONS)

TABLE 14.PARAFORMALDEHYDE MARKET, BY REGION 2020-2030 ($MILLION)

TABLE 15.NORTH AMERICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 16.NORTH AMERICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 17.NORTH AMERICA PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030(KILOTONS)

TABLE 18.NORTH AMERICA PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030 ($MILLION)

TABLE 19.U.S. PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 20.U.S. PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 21.CANADA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 22.CANADA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 23.MEXICO PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 24.MEXICO PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 25.EUROPE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 26.EUROPE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 27.EUROPE PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030(KILOTONS)

TABLE 28.EUROPE PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030 ($MILLION)

TABLE 29.GERMANY PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 30.GERMANY PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 31.UK PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 32.UK PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 33.FRANCE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 34.FRANCE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 35.SPAIN PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 36.SPAIN PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 37.ITALY PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 38.ITALY PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 39.REST OF EUROPE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 40.REST OF EUROPE PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 41.ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 42.ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 43.ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030 (KILOTONS)

TABLE 44.ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030 ($MILLION)

TABLE 45.CHINA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 46.CHINA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 47.JAPAN PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 48.JAPAN PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 49.INDIA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 50.INDIA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 51.SOUTH KOREA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 52.SOUTH KOREA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 53.AUSTRALIA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 54.AUSTRALIA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 55.REST OF ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 56.REST OF ASIA-PACIFIC PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 57.LAMEA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 58.LAMEA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 59.LAMEA PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030(KILOTONS)

TABLE 60.LAMEA PARAFORMALDEHYDE MARKET, BY COUNTRY 2020-2030 ($MILLION)

TABLE 61.LATIN AMERICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 62.LATIN AMERICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 63.MIDDLE EAST PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 64.MIDDLE EAST PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 65.AFRICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030(KILOTONS)

TABLE 66.AFRICA PARAFORMALDEHYDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)

TABLE 67.KEY EXPANSIONS (2020-2021)

TABLE 68.KEY ACQUISITION (2020-2021)

TABLE 69.ALPHA CHEMIKA: COMPANY SNAPSHOT

TABLE 70.ALPHA CHEMIKA: PRODUCT PORTFOLIO

TABLE 71.CALDIC: COMPANY SNAPSHOT

TABLE 72.CALDIC: PRODUCT PORTFOLIO

TABLE 73.CALDIC: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 74.CELANESE CORPORATION: COMPANY SNAPSHOT

TABLE 75.CELANESE CORPORATION: OPERATING SEGMENTS

TABLE 76.CELANESE CORPORATION: PRODUCT PORTFOLIO

TABLE 77.OVERALL FINANCIAL STATUS ($MILLION)

TABLE 78.CHEMANOL: COMPANY SNAPSHOT

TABLE 79.CHEMANOL: PRODUCT PORTFOLIO

TABLE 80.EKTA INTERNATIONAL: COMPANY SNAPSHOT

TABLE 81.EKTA INTERNATIONAL: PRODUCT PORTFOLIO

TABLE 82.ERCROS: COMPANY SNAPSHOT

TABLE 83.ERCROS:PRODUCT PORFOLIO

TABLE 84.OVERALL FINANCIAL STATUS ($MILLION)

TABLE 85.ERCROS: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 86.GFS CHEMICAL: COMPANY SNAPSHOT

TABLE 87.GFS CHEMICAL: PRODUCT PORTFOLIO

TABLE 88.MERCK: COMPANY SNAPSHOT

TABLE 89.MERCK: OPERATING SEGMENTS

TABLE 90.MERCK: PRODUCT PORTFOLIO

TABLE 91.OVERALL FINANCIAL STATUS ($MILLION)

TABLE 92.THERMO FISHER: COMPANY SNAPSHOT

TABLE 93.THERMO FISHER: OPERATING SEGMENTS

TABLE 94.ALFA AESAR: PRODUCT PORTFOLIO

TABLE 95.OVERALL FINANCIAL STATUS ($MILLION)

TABLE 96.ALFA AESAR: KEY STRATEGIC MOVES AND DEVELOPMENTS

TABLE 97.THANA ACID & CHEMICAL COMPANY: COMPANY SNAPSHOT

TABLE 98.THANA ACID & CHEMICAL COMPANY: PRODUCT PORTFOLIO

 
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