Formaldehyde is one of the most significant industrial aldehydes and is produced by the catalytic oxidation of methanol. It is commercially available in the form of a 37%-50% aqueous solution. Manufacturers produce and consume the majority volume of formaldehyde in manufacturing formaldehyde resins and other downstream products including butanediol, acetal resins, methylene diphenyl diisocyanate, and pentaerythritol.
Technavio’s analysts forecast the global formaldehyde market to grow at a CAGR of 5.64% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global formaldehyde market for 2016-2020. To calculate the market size, the report considers revenue generated from several applications of formaldehyde across different end user segments.
The market is divided into the following segments based on geography:
– Americas
– APAC
– EMEA
Technavio’s report, Global Formaldehyde Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
– BASF
– Bayer
– Celanese
– Dynea
– Perstorp
Other prominent vendors
– AkzoNobel
– Georgia-Pacific
– Johnson Matthey
– Momentive Specialty Chemicals
– Synthite
Market driver
– Growing use of plastics in automotive industry
– For a full, detailed list, view our report
Market challenge
– Increased popularity of formaldehyde-free wood
– For a full, detailed list, view our report
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Market trend
– Use of formaldehyde for fuel production
– For a full, detailed list, view our report
Key questions answered in this report
– What will the market size be in 2020 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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