Paraformaldehyde Market - Global Industry Analysis, Forecast 2015 – 2023

Transparency Market
Research
Paraformaldehyde Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Published Date
28-July-2015
110 Page Report
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Press Release
Global Paraformaldehyde Market to Reach 791.9 mn by 2023
owing to Globally Rising Demand for Resins : TMR
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Paraformaldehyde Market
REPORT DESCRIPTION
Paraformaldehyde Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
A new Transparency Market Research report states that the global paraformaldehyde market stood at
US$468.8 mn in 2014 and is predicted to reach US$791.9 mn by 2023. It is predicted to expand at a CAGR of
6.1% from 2015 to 2023. The title of the report is “Paraformaldehyde Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023.”
Browse the full Paraformaldehyde Market for Resins, Agrochemicals, Medical, and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report at :
http://www.transparencymarketresearch.com/paraformaldehyde-market.html
According to the report, the rising demand for resins has raised the demand for paraformaldehyde, thus
boosting the market’s growth. In addition, the rising adoption of GM crops has also stimulated the market for
paraformaldehyde. Furthermore, glyphosate being the most commonly selling herbicide worldwide is also
amongst the prime drivers fuelling the demand for paraformaldehyde. On the other hand, a number of
restrictions on the use of glyphosate may impede the growth of the market in forthcoming years. This is owing
to the fact that the International Agency for Research on Cancer has categorized glyphosate in Group 2B,
declaring it as a probable carcinogenic substance for human beings. This is why a number of nations have
posed restrictions and even banned the use of glyphosate. Some of these nations are Hungary, France,
Austria, Germany, the Netherlands, Japan, Luxembourg, Ireland, Switzerland, and Peru, among others, as
stated in this report.
On the basis of application, the report segments the market into agrochemicals, resins, medical applications,
and others such as papermaking, developing photographic films, lubricant additives, oilfield chemicals, etc.
Amongst these, in 2014, the segment of agrochemicals and resins collectively constituted a share of more than
80% in the market. This is due to the increasing usage of paraformaldehyde in manufacturing glycol, ionexchange, n-methylolacrylamide, trimethylolpropane, and pentaerythritol. Paraformaldehyde offers more
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control on reaction rates in the synthesis of resins and also enhances productivity. On the other hand,
paraformaldehyde is used in the agrochemicals industry for the production of a number of herbicides such as
acetochlor, glyphosate, machete, butachlor, and bismerthiazo. In medical applications, paraformaldehyde is
utilized for hygienic disinfection.
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In terms of geography, the report segments the market into Europe, North America, Asia Pacific, the Middle
East and Africa, and Latin America. Amongst these, the region of Asia Pacific stood as the prime consumer and
producer of paraformaldehyde and represented a share of over 55% in the market in 2014. China is the key
paraformaldehyde market within the region of Asia Pacific. North America and Europe trailed Asia Pacific and
took the second largest share in the market. This is owing to the increasing production of resins using
paraformaldehyde within the regions of North America and Europe.
As stated in the report, the prominent players operating in the market for paraformaldehyde are Shandong
Shuangqi Chemical Co., Ltd., Shouguang Xudong Chemical Co., Ltd., Jinan Xiangrui Chemical Co., Ltd.,
Celanese Corporation, and INEOS Group Limited, among others.
The global paraformaldehyde market is segmented as follows:
Paraformaldehyde Market - Application Analysis
•
Resins
•
Agrochemicals
•
Medical Applications
•
Others (Including Development of Photographic Films, Papermaking, Oil Field Chemicals, lubricant
additives, etc.)
Paraformaldehyde - Regional Analysis
North America
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Paraformaldehyde Market
•
U.S.
•
Rest of North America
Europe
•
Germany
•
U.K.
•
France
•
Spain
•
Italy
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
ASEAN
•
Rest of APAC
Latin America
•
Brazil
•
Rest of LATAM
Middle East and Africa
•
GCC Countries
•
South Africa
•
Rest of MEA
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TABLE OF CONTENT
Chapter 1 Preface
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1.1 Research Description
1.2 Market Segmentation
1.2.1 Global Paraformaldehyde Market, Segmentation by Application and Region
1.3 Research Scope
1.3.1 Assumptions
1.4 Research Methodology
1.4.1 Abbreviations
Chapter 2 Executive Summary
2.1 Global Paraformaldehyde Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 3 Paraformaldehyde Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Increasing Adoption of GM Crops has Fuelled the Glyphosate Market
3.3.2 Increasing Demand for Resins has Resulted in Higher Demand for Paraformaldehyde
3.4 Restraints
3.4.1 Restrictions and Sanctions Against Glyphosate could Hamper Long-term Prospects of
Paraformaldehyde Market
3.5 Opportunity
3.5.1 Application of Paraformaldehyde as Lubricant Additives and in Drilling Fluids Presents Opportunity for
Market Growth
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Paraformaldehyde Market
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of New Entrants
3.6.4 Threat of Substitutes
3.6.5 Degree of Competition
3.7 Global Paraformaldehyde Market - Attractiveness Analysis
3.7.1 Global Paraformaldehyde Market - Attractiveness Analysis, 2014
3.8 Global Paraformaldehyde Market - Company Market Share Analysis
3.8.1 Global Paraformaldehyde Market: Company Market Share Analysis, 2014 (%)
Chapter 4 Paraformaldehyde Market – Raw Material & Price Analysis
4.1 Raw Material Analysis: Manufacturing Process
4.1.1 Rake Type Drying Process
4.1.2 Spray Drying Process
4.2 Raw Material Price Trends
Chapter 5 Paraformaldehyde Market – Application Analysis
5.1 Paraformaldehyde Market: Application Overview
5.1.1 Global Paraformaldehyde Market Volume Share, by Application, 2014 & 2023
5.2 Resins
5.2.1 Global Demand for Paraformaldehyde in Resins, 2014 – 2023 (Kilo Tons) (US$ Mn)
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5.3 Agrochemicals
5.3.1 Global Demand for Paraformaldehyde in Agrochemicals, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.4 Medical Applications
5.4.1 Global Demand for Paraformaldehyde in Medical Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.5 Others
5.5.1 Global Demand for Paraformaldehyde in Other Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 6 Paraformaldehyde Market - Regional Analysis
6.1 Global Paraformaldehyde Market: Regional Overview
6.1.1 Global Paraformaldehyde Market Volume Share, by Region, 2014 & 2023
6.2 North America
6.2.1 North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.2.2 North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.2.3 U.S.
6.2.3.1 U.S. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.2.3.2 U.S. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.2.4 Rest of North America
6.2.4.1 Rest of North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo
Tons)
6.2.4.2 Rest of North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$
Mn)
6.3 Europe
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6.3.1 Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.2 Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.3 Germany
6.3.3.1 Germany Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.3.2 Germany Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.4 U.K.
6.3.4.1 U.K. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.4.2 U.K. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.5 France
6.3.5.1 France Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.5.2 France Paraformaldehyde Market Revenue, by Application, 2014 - 2023 (US$ Mn)
6.3.6 Spain
6.3.6.1 Spain Paraformaldehyde Market, Volume by Application, 2014 – 2023 (Kilo Tons)
6.3.6.2 Spain Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.7 Italy
6.3.7.1 Italy Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.7.2 Italy Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3.8 Rest of Europe
6.3.8.1 Rest of Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.3.8.2 Rest of Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
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6.4 Asia Pacific
6.4.1 Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.2 Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.3 China
6.4.3.1 China Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.3.2 China Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.4 Japan
6.4.4.1 Japan Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.4.2 Japan Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.5 ASEAN
6.4.5.1 ASEAN Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.5.2 ASEAN Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4.6 Rest of Asia Pacific
6.4.6.1 Rest of Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.4.6.2 Rest of Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5 MEA
6.5.1 MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.2 MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5.3 GCC
6.5.3.1 GCC Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
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6.5.3.2 GCC Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5.4 South Africa
6.5.4.1 South Africa Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.4.2 South Africa Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5.5 Rest of MEA
6.5.5.1 Rest of MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.5.5.2 Rest of MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6 Latin America
6.6.1 Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.2 Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6.3 Brazil
6.6.3.1 Brazil Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
6.6.3.2 Brazil Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6.4 Rest of Latin America
6.6.4.1 Rest of Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo
Tons)
6.6.4.2 Rest of Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$
Mn)
Chapter 7 Company Profiles
7.1 INEOS Group Limited
7.2 Shouguang Xudong Chemical Co., Ltd.
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7.3 Jinan Xiangrui Chemical Co., Ltd.
7.4 Nantong Jiangtian Chemical Co., Ltd.
7.5 Celanese Corporation
7.6 Ercros S.A.
7.7 LCY Chemical Corp.
7.8 Alder s.p.a.
7.9 Feno Resinas S.A de C.V.
7.10 Chemanol
7.11 Shandong Shuangqi Chemical Co., Ltd.
Chapter 8 Primary Findings
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Paraformaldehyde Market
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Global paraformaldehyde market was valued at US$ 468.8 Mn in 2014 and is likely to reach US$ 791.9 Mn in 2023, expanding at a CAGR of 6.1% between 2015 and 2023