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Global paraformaldehyde market was valued at US$ 468.8 Mn in 2014 and is likely to reach US$ 791.9 Mn in 2023, expanding at a CAGR of 6.1% between 2015 and 2023
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ParaformaldehydeGlobal Industry Analysis, Size, Share, Growth, Trends and Forecast, 2023 Global Paraformaldehyde Market to Witness Rising CAGR of 6.1% by 2023 Owing to New Product Luanches ©2019 Transparency Market Research, All Rights Reserved
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Research Insights The global paraformaldehyde market is expected to rise at a healthy CAGR of 6.1% during the forecast period of 2015 and 2023. The global market was worth US$468.8 mn during 2014 and is expected to rise at a valuation of US$791.9 mn by the end of forecast period. The global paraformaldehyde application segment consisting of resins, agrochemicals, medical applications, lubricant additives, oil field chemicals, paper making, and development of photographic films are expecting a rise in demand. According to a report by Transparency Market Research, the global paraformaldehyde market is expecting entrance of a lot of new players in the market owing to the rising demand of paraformaldehyde compound. The key players operating in the global paraformaldehyde market are Nantong Jiangtian Chemical Co., Ltd., Celanese Corporation, INEOS Group Limited, ShouguangXudong Chemical Co., Ltd., LCY Chemical Corp., and FenoResinas S.A. de C.V. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
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