The Global Paraformaldehyde report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status the market during the projected period of 2019-2025.
Los Angeles, CA -- (SBWIRE) -- 02/01/2019 -- Paraformaldehyde is a white crystalline solid formed by polymerization of formaldehyde. It is used to make various resins with mainly phenol (melamine resin; phenol resin; vinylon; polyacetal resin; terephthalic acid; diphenyl methane diisocyanate, acrylic acid esters). Paraformaldehyde is also mainly used in (1) Pesticides: synthesis of acetochlor, butachlor, and glyphosate; (2) Medicine and pharmaceutics: produce vitamin A; (3) Coatings: synthesis of high grade automobile paint.At present, in the foreign industrial developed countries the paraformaldehyde industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the Spain, United States and China. Meanwhile, foreign companies have more mature equipment, strong R & D capability, the technical level is in a leading position. But foreign companies' manufacturing cost is relatively high, compared with china's companies, the manufacturing cost is competitive disadvantage. As the China's paraformaldehyde manufacturers production technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase.
China paraformaldehyde industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international paraformaldehyde large consumption country, but the production technology is relatively laggard, the manufacturers can only produce some low-end product, although after 2010 the new production lines is increasing, the technology is still relying on import.The paraformaldehyde is mainly used in pesticide, medicine, coating, synthetic resin and most used in the production of pesticide synthesis of glyphosate herbicide. We forecast that it will increase in the next few year.
The upstream material-Formaldehyde also face the oversupply situation in china, meantime the decreasing demand of downstream application, paraformaldehyde industry will keep in the capacity saturated situation, with the gross margin, paraformaldehyde industry will keep a low growth and price decreased trend.In summary, paraformaldehyde industry is not suitable for the new entrants to compete in it. The old manufacturers also need to closely concern the changes in this industry.
The global Paraformaldehyde market is valued at 460 million US$ in 2018 is expected to reach 650 million US$ by the end of 2025, growing at a CAGR of 4.3% during 2019-2025.This report focuses on Paraformaldehyde volume and value at global level, regional level and company level. From a global perspective, this report represents overall Paraformaldehyde market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Ercros
Celanese
CCP
Merck
Chemanol
Caldic
Shandong Tuobo
LCY Chemical
Yinhe Chemical
Nantong Jiangtian
Wanhua Chemical
LINYI TAIER
Shouguang Xudong
Xiangrui Chemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
PF(91% ? 93% )
PF(95% ? 97% )
Segment by Application
Pesticide
Coating
Resin
Papermaking
Others
For the better understanding of the Paraformaldehyde market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Paraformaldehyde market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Paraformaldehyde market. Detail information of segments is required to recognize the key trends influencing the global market for Paraformaldehyde
Each segment of the Paraformaldehyde market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Paraformaldehyde report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Paraformaldehyde Market Competitive Landscape
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The report of global Paraformaldehyde market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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