Latest Industry study on Contract Research Organizations , Industry Global Methanal Market Analysis by Application

Global Methanal Market Analysis by Application (Binding Agent, Intermediate, Preservative); by End
User (Pulp and Paper, Chemicals, Textile, Others); by Geography (North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa) to 2025
The Methanal market has witnessed moderate growth rate during the last few years owing to its use in
a wide range of products such as surface disinfectants, plywood, fiberboards, antiseptics, cosmetics, and
fabrics. Methanal is an environment-friendly chemical as it decomposes quickly in water, soil, and air.
This environment-friendly nature is also a driving factor for the methanal market. However, its harmful
effects on humans act as a restraint on the market. While inhalation of methanal can cause irritation of
throat, nose, and eyes; high levels of exposure can result in spasms and accumulation of fluid in the
lungs. In most countries around the world, the use of methanal in products and its release in the
environment are controlled through different laws.
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The -201cGlobal Methanal Market Analysis and Forecasts to 2025-201d can be segmented into
application, end user, and region. Based on application, the market can be categorized into binding
agent, intermediate, and preservative. Methanal is a superior binding agent and used to manufacture
glues and resins. These products are then used in the home furnishing industry to make various items
such as cabinets, shelves, etc. Its binding properties also make Methanal very useful in the pulp and
paper industry to manufacture products such as wood panels, laminate flooring, plywood, facial wipes,
etc. Methanal is used as an intermediate to produce several chemicals such as urea formaldehyde resin,
melamine resin, paraformaldehyde, and hexamine etc. Methanal is most commonly used as a
preservative in laboratories and funerals.
The market based on end user can be segmented into pulp and paper, chemicals, textile, and others.
Methanal is most commonly used in the pulp and paper industry. It is also an important raw material in
the chemicals industry. The textile industry uses Methanal to manufacture dyes and pigments which
help with the better binding of fabrics, while also preventing the fading of colors. Other industries which
use Methanal include cosmetics, medicines, electricals, and electronics.
Top 10 Players Genomics Market Overview:
INEOS Paraform,
Foresa,
BASF SE,
Euroresinas-Chemical SA,
Ercros SA,
Chimica Pomponesco S.p.A,