Urea-formaldehyde is a non-transparent thermosetting resin or polymer. It is produced from urea and formaldehyde. These resins are used in adhesives, finishes, particle board, MDF, and molded objects. UF and related amino resins are a class of thermosetting resins of which urea-formaldehyde resins make up 80% produced globally. Examples of amino resins use include in automobile tires to improve the bonding of rubber to tire cord, in paper for improving tear strength, in molding electrical devices, jar caps, etc.
Scope of the Report:This report focuses on the Urea Formaldehyde in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Growth in the automotive industry and increasing demand for electrical & electronics products are driving the global market for flat glass. However, the harmful and toxic effects of formaldehyde resins act as a roadblock to the market growth.
The demand for good quality and economically viable adhesives and resins is expected to fuel the market of urea formaldehyde.ÊChallenges include government legislation promoting sustainable products in lieu of UF adhesives and resins.
The worldwide market for Urea Formaldehyde is expected to grow at a CAGR of roughly 5.3% over the next five years, will reach 11400 million US$ in 2023, from 8390 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers ARCL Organics
BASF
Hexion
INEOS
MRI
Borealis
Chemiplastica
Chimica Pomponesco
Georgia-Pacific Chemicals
HEXZA
Kronospan
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Urea Formaldehyde Resin Power
Urea Formaldehyde Resin Solution
Market Segment by Applications, can be divided into Particle Boards
Plywood
Adhesives and Coatings
Decorative Laminates
Molding Compounds
There are 15 Chapters to deeply display the global Urea Formaldehyde market.
Chapter 1, to describe Urea Formaldehyde Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Urea Formaldehyde, with sales, revenue, and price of Urea Formaldehyde, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Urea Formaldehyde, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Urea Formaldehyde market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Urea Formaldehyde sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
