Asia-Pacific Urea Formaldehyde Resin Market is Expected to to grow to Friday, January 9, 2015 | Page 2

Browse through the market data tables, figures and detailed TOC on the “The Asia Pacific urea formaldehyde resin market” http://www.micromarketmonitor.com/market/asia-pacific-urea-formaldehyde-resin7877103988.html Asia-Pacific accounts for a huge share of around 41% in the global urea formaldehyde resin market due to demand from the emerging economies of the region as a result of the continuous expansion and investment made by these countries in the concerned industry. China is the biggest producer and consumer of UF resins. Many major players have invested in the Chinese market to increase their production capacity due to low manufacturing costs than North American and European countries. Expansion of plywood production capacities in Indonesia, and increase in the penetration of UF resins, used as wood adhesives in Indonesian plywood industry has driven the future demand of UF resins in the Indonesian market. The plywood industry led the APAC UF resin consumption with a share of 37.7%, followed by medium density fiberboard. BASF SE (Germany), Dynea Oy (Finland), Cytec Industries Inc. (U.S.), and Jiangsu Sanmu Group Co. Ltd (China) are the major UF resin producers in the AsiaPacific region. The Asia-Pacific Urea formaldehyde resin market has been segmented on the basis of application and end-user. The segments have been analyzed and forecast for a time period ranging from 2012 to 2018. The forecast is on the basis of volume (Kilo tons) and revenue (USD million) for country level based on current and expected trends of the industry. Geographically, the market has been segmented into China, Malaysia, Indonesia, South Korea and others, the demand has been analyzed and forecast based on current trends for a period of six years, ranging from 2012 to 2018.The Major applications studied include particle board, medium density fiberboard, adhesives, plywood, roofing mats, moulding powder. Email: [email protected] Tel: [phone]