Urea Formaldehyde Resins Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)
The Global Urea Formaldehyde Resins Market is projected to register a CAGR of over 4.5% during the forecast period.
The COVID pandemic negatively affected the market for Urea Formaldehyde Resins. However, post-COVID, the rising demand from the construction, automotive, and agriculture industries is expected to revive the region's adhesives market.
Key HighlightsThe global urea formaldehyde resins market is a fragmented one. Some major players in the market (not in a particular order) include BASF SE, Hexion, Kronoplus Limited, and Georgia-Pacific Chemicals, among others.
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