Global Paraformaldehyde Market Insights, Forecast to 2028
Market Analysis and Insights: Global Paraformaldehyde Market
Due to the COVID-19 pandemic, the global Paraformaldehyde market size is estimated to be worth US$ 659.39 million in 2022 and is forecast to a readjusted size of US$ 849.63 million by 2028 with a CAGR of 4.32% during the review period. Fully considering the economic change by this health crisis, PF(95% ~ 97% ) accounting for 76.07% of the Paraformaldehyde global market in 2021, is projected to value US$ 670.25 million by 2028, growing at a revised 4.84% CAGR in the post-COVID-19 period. While Agriculture segment is altered to an 4.36% CAGR throughout this forecast period.
China Paraformaldehyde market size is valued at US$ 252.33 million in 2021, while the US and Europe Paraformaldehyde are US$ 56.10 million and US$ 92.94 million, severally. The proportion of the US is 8.74% in 2021, while China and Europe are 39.32% and 13.83% respectively, and it is predicted that China proportion will reach 43.64% in 2028, trailing a CAGR of 5.60% through the analysis period. Japan, and South Korea are noteworthy markets in Asia, with CAGR 1.92%, and 1.44% respectively for the next 6-year period. As for the Europe Paraformaldehyde landscape, Germany is projected to reach US$ 14.89 million by 2028 trailing a CAGR of 0.94% over the forecast period.
The global key manufacturers of Paraformaldehyde include Ercros, CCP, Celanese, LCY Chemical, Nantong Jiangtian and Hebei Jintaida Chemical, etc. In 2021, the global top five players have a share approximately 55.27% in terms of revenue.
In terms of production side, this report researches the Paraformaldehyde capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Paraformaldehyde by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Paraformaldehyde Scope and Segment
Paraformaldehyde market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Paraformaldehyde market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.
By Company
Ercros
CCP
Celanese
LCY Chemical
Nantong Jiangtian
Hebei Jintaida Chemical
Shangdong Aldehyde Chemical
Yinhe Chemical
Shouguang Xudong
LINYI TAIER
Merck
Mitsubishi Gas Chemical
Chemanol
Xiangrui Chemical
Caldic
Segment by Type
PF(91% ~ 93% )
PF(95% ~ 97% )
Segment by Application
Agriculture
Resins and Adhesives
Paint and Coating
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Europe
Germany
France
U.K.
Italy
Russia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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