North America Urea Formaldehyde Resin Market Growth Thursday, January 8, 2015 | Page 2

North America is the third-largest consumer of UF resins, accounting to 12.2% of the global consumption share. The consumption trend of UF resins in North America is influenced by formaldehyde emission regulations led by the Environmental Protection Agency (E.P.A.). The key countries in the region include the U.S., Canada, and Mexico. The U.S. is the largest consumer of UF resins with a share of 67.0%, followed by Canada, and eventually, Mexico. The fiber glass roofing mat industry is the fastest-growing segment and the third-largest consumer of UF resins in the North American market. The overall increasing consumption of the medium density board (MDF) segment for interior applications would drive the market for UF resins in North America, in the years to come. The report covers the North American urea formaldehyde resin market, which is segmented on the basis of application and geography. In North America, UF resins are applied in particle board, medium density board (MDF), roofing mat, molding compound, plywood, and adhesives & coatings. 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-formaldehyde-resin-2264396414.html Email: [email protected] Tel: +1-888-502-0539