Global Formalin Market Growth 2023-2029

Global Formalin Market Growth 2023-2029

Formalin is an aqueous solution having a formaldehyde content of 35% to 40% (37% by weight; 40% by volume), and 10% to 15% methanol is also added to prevent polymerization. With anti-corrosion, disinfection and bleaching functions, each field has its own function, but formalin will emit a pungent smell. Formaldehyde is listed by the International Agency for Research on Cancer (IARC) as a clear human carcinogen and affects human health.

LPI (LP Information)' newest research report, the “Formalin Industry Forecast” looks at past sales and reviews total world Formalin sales in 2022, providing a comprehensive analysis by region and market sector of projected Formalin sales for 2023 through 2029. With Formalin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Formalin industry.

This Insight Report provides a comprehensive analysis of the global Formalin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Formalin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Formalin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Formalin and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Formalin.

The global Formalin market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Formalin is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Formalin is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Formalin is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Formalin players cover Balaji Formalin, Georgia-Pacific Chemicals, Sumitomo Chemicals, Editas Medicine, Fish Vet Forward, Thermo Scientific, Mirus Bio LLC, Merck KGaA and MarketLab, Inc.,, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
1-20%
20 %-40 %
40 % - 60 %

Segmentation by application
Fertilizers
Drugs
Dye
Antiseptic perfume
Automotive exteriors and Interiors
Rubber Chemicals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Balaji Formalin
Georgia-Pacific Chemicals
Sumitomo Chemicals
Editas Medicine
Fish Vet Forward
Thermo Scientific
Mirus Bio LLC
Merck KGaA
MarketLab, Inc.,
Shiny Chemical Industrial
Kronochem Sebes SR
Metafrax

Key Questions Addressed in this Report

What is the 10-year outlook for the global Formalin market?

What factors are driving Formalin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Formalin market opportunities vary by end market size?

How does Formalin break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.