Asia-Pacific Urea Formaldehyde Resin Market is Expected to to grow to Friday, January 9, 2015 | Page 3

Related Reports: Europe Urea Formaldehyde Resin Market Urea Formaldehyde Resin-Europe can be segmented by Groups, Ingredients, Applications and Companies. Groups of Urea Formaldehyde Resin-Europe are Amino Resins. Ingredients of Urea Formaldehyde Resin-Europe are Urea and Formaldehyde. Applications of Urea Formaldehyde Resin-Europe are Particle Board, Medium-density fibreboard OR Mdf, Plywood, Adhesive, Roofing Mats and Moulding Powder. Companies of Urea Formaldehyde Resin-Europe are Momentive Specialty Chemicals Inc, BASF Chemicals, Tembec, Allnex Belgium Sa, Chimica Pomponesco S.p.A, Advachem SA, Chemiplastica SpA, Ineos Melamine, Hexzachem Sarawak Sdn Bhd and Royal Chemie. http://www.micromarketmonitor.com/market/europe-urea-forma ldehyde-resin-2264396414.html North America Urea Formaldehyde Resin Market North America’s wood panel industry is growing from past few years. The demand of wood panels from the countries such as U.S. and Canada are contributing largely in the region’s wood production. The pulp and paper production and consumption is growing appreciably after the economic recession in 2008-2009. The estimated growth rate of 2.8% is expected to be seen in the region’s wood production in the coming years. U.S. is the major consumer of urea formaldehyde resin in North America, accounting for almost 66.9% of the total consumption. Subsequent to U.S. are Mexico and Canada. Presently, the demand for fiber glass mat, which is made with fiber glass strands bonded with urea formaldehyde, and new American Roofing Manufacturers Association (ARMA) regulations have increased pressure to develop chemical bonding systems with greater strength and more flexibility. The increasing demand of fiberglass assisted the growth of UFR in U.S. and is expected to grow with more urea formaldehyde modifiers engineered to meet the fiberglass mat industry needs. http://www.micromarketmonitor.com/market/north-america-urea-formaldehyde-resin5727117393.html Email: [email protected] Tel: +1-888-502-0539