Global Urea Formaldehyde Market to Witness Growth Acceleration During 2018-2028Posted by Arslan on July 2nd, 2019 In order to dissert the market scenario prevailing across the urea formaldehyde market sector, Fact.MR has evenly presented a comprehensive urea formaldehyde market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the urea formaldehyde market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable. To Get a Free Sample Copy of this Report, Visit here – https://www.factmr.com/connectus/sample?flag=S&rep_id=2950 The urea formaldehyde market remains highly fragmented, with a number of mid-sized and emerging players competing for market share. The growing regulations are influencing market players to develop urea formaldehyde based adhesives with lower formaldehyde emissions. The leading players in the market, including BASF SE, Advachem, Ashland Inc., Ineos Group, Georgia-Pacific, and Hexion Inc account for around 8% - 10% of the urea-formaldehyde market. Key urea formaldehyde manufacturers are focusing on developing and upgrading their products with lower formaldehyde emissions through resin formulation/composition innovation and novel manufacturing techniques. Some of the notable developments in the urea formaldehyde market are,
Some of the key players operating in the global urea formaldehyde market are BASF SE, Advachem, Ashland Inc., Ineos Group, Georgia-Pacific, Acron Group, Hexion Inc., CHIMICA POMPONESCO S.P.A., OJSV “Perechin timber and chemical plant”, PJSC METAFRAX, Achema, Asta Chemicals Sdn. Bhd., etc. Key Insights Growing Applications in Thriving Wood Industry Generating Opportunities Urea formaldehyde (UF) products, commonly referred to as aminoplasts, are increasingly gaining traction in the wood industry on account of their cost-effectiveness and robust strength. They are being widely used in the wood industry for manufacturing particleboards, fibrous boards, medium density fiber boards, and granular boards. Owing to their numerous features, such as cost-effectiveness, resistance to mold formation, easy adaptability in diverse curing conditions, low cure temperature, exceptional thermal properties, and excellent water solubility of the (uncured) resin, these resins are gaining prominence as a key wood adhesive. Research Methodology Key insights offered on urea formaldehyde market are fully based on dynamic research methodology that is followed by the analysts at FactMR to create the urea formaldehyde market report. The report is amalgam of powerful and through primary and secondary researches to obtain key information about all spheres of the urea-formaldehyde market. Analysts have performed a comprehensive research to obtain the numbers and data mentioned in the report, such as revenue share, CAGR, and y-o-y growth of all the segments in urea formaldehyde market. Like it? Share it!More by this author |