TMR_Research_Reports_2017 Paraformaldehyde Market: Resin and Agrochemical | Page 2

Paraformaldehyde Market
REPORT
Paraformaldehyde Market for Resins, Agrochemicals, Medical, and
Other Applications - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023
The global paraformaldehyde market has been predicted by Transparency Market Research (TMR) to
witness a distinctive enhancement in its competitive scenario on account of the existence of a hefty
count of players. With a view to achieve one of the topmost positions in the worldwide
paraformaldehyde market, quite a few new entrants could look to enlarge their product horizon. Most
new entrants in the worldwide paraformaldehyde market have been anticipated to be attracted to the
ballooning demand in the industry.
The increasing level of competition in the worldwide paraformaldehyde market could create a
significant awareness among consumers related to the application of the product across a wide range of
industries. The advent of new products in the worldwide paraformaldehyde market has also been
expected to be a result of the intensifying competition among players. A surging count of mergers and
acquisitions could be witnessed in the worldwide paraformaldehyde market, considerably contributing
toward growth during the forecast period. Few of the leading companies operating in the worldwide
paraformaldehyde market have been foretold to be INEOS Group Limited, Feno Resinas S.A. de C.V.,
Shouguang Xudong Chemical Co., Ltd., Celanese Corporation, and Nantong Jiangtian Chemical Co.,
Ltd.
Obtain Report Details @ http://www.transparencymarketresearch.com/paraformaldehyde-
market.html
The worldwide paraformaldehyde market could expand at an estimated CAGR of 6.0% from 2015
through 2023, as per the statistics obtained by TMR in its latest report. By the end of the forecast
period, the worldwide paraformaldehyde market has been envisaged to earn around a US$0.79 bn. In
the past, resins and agrochemicals had together accounted for a telling share in the worldwide
paraformaldehyde market and might continue their dominance until the last forecast year. Owing to a
colossal demand for agrochemicals, Asia Pacific could secure a larger share in the worldwide
paraformaldehyde market by the concluding forecast year.
Resins, Agrochemicals, and Other Applications Pave Way for Tangible Growth
The demand in the world paraformaldehyde market has been envisioned to increase at an impressive
rate due to a growing number of applications, resins, agrochemicals, lubricant additives, medical
Transparency Market Research
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