Global Paraformaldehyde Market Research Report 2020
Paraformaldehyde is a white crystalline solid formed by polymerization of formaldehyde. It is used to make various resins with mainly phenol (melamine resin; phenol resin; vinylon; polyacetal resin; terephthalic acid; diphenyl methane diisocyanate, acrylic acid esters). Paraformaldehyde is also mainly used in (1) Pesticides: synthesis of acetochlor, butachlor, and glyphosate; (2) Medicine and pharmaceutics: produce vitamin A; (3) Coatings: synthesis of high grade automobile paint.
At present, in the foreign industrial developed countries the paraformaldehyde industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Spain, United States and China. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with china’s companies, the manufacturing cost is competitive disadvantage. As the China’s paraformaldehyde manufacturers production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
China paraformaldehyde industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international paraformaldehyde large consumption country, but the production technology is relatively laggard, the manufacturers can only produce some low-end product, although after 2010 the new production lines is increasing, the technology is still relying on import.
The paraformaldehyde is mainly used in pesticide, medicine, coating, synthetic resin and most used in the production of pesticide synthesis of glyphosate herbicide. We forecast that it will increase in the next few year.
The upstream material-Formaldehyde also face the oversupply situation in china, meantime the decreasing demand of downstream application, paraformaldehyde industry will keep in the capacity saturated situation, with the gross margin, paraformaldehyde industry will keep a low growth and price decreased trend.
In summary, paraformaldehyde industry is not suitable for the new entrants to compete in it. The old manufacturers also need to closely concern the changes in this industry.
Market Analysis and Insights: Global Paraformaldehyde Market
The global Paraformaldehyde market is valued at 505.3 million US$ in 2020 is expected to reach 680.8 million US$ by the end of 2026, growing at a CAGR of 4.3% during 2021-2026.
Global Paraformaldehyde Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PF(91% ～ 93% )
PF(95% ～ 97% )
Segment by Application
Pesticide
Coating
Resin
Papermaking
Others
Global Paraformaldehyde Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Paraformaldehyde market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Paraformaldehyde Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Ercros, Celanese, CCP, Merck, Chemanol, Caldic, Shandong Tuobo, LCY Chemical, Yinhe Chemical, Nantong Jiangtian, Wanhua Chemical, LINYI TAIER, Shouguang Xudong, Xiangrui Chemical, etc.
At present, in the foreign industrial developed countries the paraformaldehyde industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Spain, United States and China. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with china’s companies, the manufacturing cost is competitive disadvantage. As the China’s paraformaldehyde manufacturers production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
China paraformaldehyde industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international paraformaldehyde large consumption country, but the production technology is relatively laggard, the manufacturers can only produce some low-end product, although after 2010 the new production lines is increasing, the technology is still relying on import.
The paraformaldehyde is mainly used in pesticide, medicine, coating, synthetic resin and most used in the production of pesticide synthesis of glyphosate herbicide. We forecast that it will increase in the next few year.
The upstream material-Formaldehyde also face the oversupply situation in china, meantime the decreasing demand of downstream application, paraformaldehyde industry will keep in the capacity saturated situation, with the gross margin, paraformaldehyde industry will keep a low growth and price decreased trend.
In summary, paraformaldehyde industry is not suitable for the new entrants to compete in it. The old manufacturers also need to closely concern the changes in this industry.
Market Analysis and Insights: Global Paraformaldehyde Market
The global Paraformaldehyde market is valued at 505.3 million US$ in 2020 is expected to reach 680.8 million US$ by the end of 2026, growing at a CAGR of 4.3% during 2021-2026.
Global Paraformaldehyde Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
PF(91% ～ 93% )
PF(95% ～ 97% )
Segment by Application
Pesticide
Coating
Resin
Papermaking
Others
Global Paraformaldehyde Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Paraformaldehyde market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Paraformaldehyde Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Ercros, Celanese, CCP, Merck, Chemanol, Caldic, Shandong Tuobo, LCY Chemical, Yinhe Chemical, Nantong Jiangtian, Wanhua Chemical, LINYI TAIER, Shouguang Xudong, Xiangrui Chemical, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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