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Global Urea Formaldehyde Market Size study, By Application (Particle Boards, Wood Adhesives, Plywood, Medium Density Fibreboard, Other Applications), By End Use Industry (Automotive Industry, Electrical Appliances, Agriculture, Building and Construction, Other End Use Industries), and Regional Forecasts 2022-2028

  • BIZ4983419
  • 200 Pages
  • July 2022
  • Materials and Chemicals
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Global Urea Formaldehyde Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Urea Formaldehyde can be defined as a non-transparent thermoset synthetic resin obtained from chemical combination of urea and formaldehyde. Urea formaldehyde (UF) resins are widely used as binder in woodworks and coating. It is also utilized to create various materials including laminates, textiles, and fabrics or cotton blends. The growing number of construction activities and increasing number of end use applications of Urea Formaldehyde are factors that are accelerating the global market demand. For instance, according to Oxford Economics Future of Construction report – in 2020, the global construction output was estimated at USD 10.7 trillion, and this amount is projected to grow to USD 15.2 trillion by 2030. Asia Pacific would account for USD 2.5 trillion growth in construction output between 2020 & 2030 and would reach to USD 7.4 trillion by 2030. In addition, construction output in North America would grow by 32% or USD 580 billion to reach to USD 2.4 trillion by 2030. Also, growing automotive sector in emerging economies coupled with rising demand for UF fertilizers in agriculture activities are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, stringent regulations in certain regions e.g., in Canada advertisement or sale of urea formaldehyde-based insulation is prohibited under the Canada Consumer Product Safety Act (CCPSA) and low moisture resistivity as compared to alternatives resins such as phenolic formaldehyde and polymeric diisocyanate impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Urea Formaldehyde Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share since the region is largest producer urea-formaldehyde resins and increasing demand for UF fertilizer in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the increasing end use applications of Urea Formaldehyde and rising advancements in agriculture activities in the region, would create lucrative growth prospects for the global Urea Formaldehyde Market across the Asia Pacific region.

Major market players included in this report are:

Advachem SA

Acron Group

ARCL Organics Ltd.

Ashland

Asta Chemicals

Arclin Inc.

BASF SE

Georgia-Pacific Chemicals

Hexion

Dubi Chem marine International

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Particle Boards

Wood Adhesives

Plywood

Medium Density Fibreboard

Other Applications

By End Use Industry:

Automotive Industry

Electrical Appliances

Agriculture

Building and Construction

Other End Use Industries

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Urea Formaldehyde Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Urea Formaldehyde Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Urea Formaldehyde Market, by Application, 2020-2028 (USD Million)

1.2.3. Global Urea Formaldehyde Market, by End Use Industry, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Urea Formaldehyde Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Urea Formaldehyde Market Dynamics

3.1. Urea Formaldehyde Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing number of construction activities.

3.1.1.2. Increasing number of end use applications of Urea Formaldehyde.

3.1.2. Market Challenges

3.1.2.1. Stringent regulations in certain regions.

3.1.2.2. Low moisture resistivity as compared to alternatives

3.1.3. Market Opportunities

3.1.3.1. Growing automotive sector in emerging economies.

3.1.3.2. Rising demand for UF fertilizers in agriculture activities.

Chapter 4. Global Urea Formaldehyde Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Urea Formaldehyde Market, by Application

6.1. Market Snapshot

6.2. Global Urea Formaldehyde Market by Application, Performance - Potential Analysis

6.3. Global Urea Formaldehyde Market Estimates & Forecasts by Application 2018-2028 (USD Million)

6.4. Urea Formaldehyde Market, Sub Segment Analysis

6.4.1. Particle Boards

6.4.2. Wood Adhesives

6.4.3. Plywood

6.4.4. Medium Density Fibreboard

6.4.5. Other Applications

Chapter 7. Global Urea Formaldehyde Market, by End Use Industry

7.1. Market Snapshot

7.2. Global Urea Formaldehyde Market by End Use Industry, Performance - Potential Analysis

7.3. Global Urea Formaldehyde Market Estimates & Forecasts by End Use Industry 2018-2028 (USD Million)

7.4. Urea Formaldehyde Market, Sub Segment Analysis

7.4.1. Automotive Industry

7.4.2. Electrical Appliances

7.4.3. Agriculture

7.4.4. Building and Construction

7.4.5. Other End Use Industries

Chapter 8. Global Urea Formaldehyde Market, Regional Analysis

8.1. Urea Formaldehyde Market, Regional Market Snapshot

8.2. North America Urea Formaldehyde Market

8.2.1. U.S. Urea Formaldehyde Market

8.2.1.1. Application estimates & forecasts, 2018-2028

8.2.1.2. End Use Industry estimates & forecasts, 2018-2028

8.2.2. Canada Urea Formaldehyde Market

8.3. Europe Urea Formaldehyde Market Snapshot

8.3.1. U.K. Urea Formaldehyde Market

8.3.2. Germany Urea Formaldehyde Market

8.3.3. France Urea Formaldehyde Market

8.3.4. Spain Urea Formaldehyde Market

8.3.5. Italy Urea Formaldehyde Market

8.3.6. Rest of Europe Urea Formaldehyde Market

8.4. Asia-Pacific Urea Formaldehyde Market Snapshot

8.4.1. China Urea Formaldehyde Market

8.4.2. India Urea Formaldehyde Market

8.4.3. Japan Urea Formaldehyde Market

8.4.4. Australia Urea Formaldehyde Market

8.4.5. South Korea Urea Formaldehyde Market

8.4.6. Rest of Asia Pacific Urea Formaldehyde Market

8.5. Latin America Urea Formaldehyde Market Snapshot

8.5.1. Brazil Urea Formaldehyde Market

8.5.2. Mexico Urea Formaldehyde Market

8.6. Rest of The World Urea Formaldehyde Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Advachem SA

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Acron Group

9.2.3. ARCL Organics Ltd.

9.2.4. Ashland

9.2.5. Asta Chemicals

9.2.6. Arclin Inc.

9.2.7. BASF SE

9.2.8. Georgia-Pacific Chemicals

9.2.9. Hexion

9.2.10. Dubi Chem marine International

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Urea Formaldehyde Market, report scope

TABLE 2. Global Urea Formaldehyde Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Urea Formaldehyde Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 4. Global Urea Formaldehyde Market estimates & forecasts by End Use Industry 2018-2028 (USD Million)

TABLE 5. Global Urea Formaldehyde Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 6. Global Urea Formaldehyde Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Urea Formaldehyde Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Urea Formaldehyde Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Urea Formaldehyde Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Urea Formaldehyde Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Urea Formaldehyde Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Urea Formaldehyde Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Urea Formaldehyde Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Urea Formaldehyde Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. U.S. Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 17. U.S. Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. Canada Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 19. Canada Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. UK Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 22. UK Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. Germany Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 25. Germany Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. RoE Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 28. RoE Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. China Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 31. China Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. India Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 34. India Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. Japan Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 37. Japan Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. RoAPAC Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 40. RoAPAC Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. Brazil Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 43. Brazil Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Mexico Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 46. Mexico Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. RoLA Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 49. RoLA Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. Row Urea Formaldehyde Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 52. Row Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Urea Formaldehyde Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. List of secondary sources, used in the study of global Urea Formaldehyde Market

TABLE 55. List of primary sources, used in the study of global Urea Formaldehyde Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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