
Global Formalin Market Size study, by Application (Automotive, Drugs, Dyes, Fertilizer, Antiseptic perfume, Rubber chemicals, Others) and Regional Forecasts 2022-2028
Description
Global Formalin Market Size study, by Application (Automotive, Drugs, Dyes, Fertilizer, Antiseptic perfume, Rubber chemicals, Others) and Regional Forecasts 2022-2028
Global Formalin Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Formalin is dissolved in water; it is used as an industrial disinfectant as well as a preservative in funeral homes and medical laboratories. It is also a preservative in certain foods and products like antiseptics, medications, and cosmetics. The increase in the usage of adhesives and growing wood industry has led to the adoption of Formalin across the forecast period. For Instance: as per the IBEF, The wood industry prototype and its improvement cost a total of INR 300,000 (US$ 6,725) and funding from the National Innovation Foundation (NIF) and the National Bamboo Mission (NBM). Also, with the surge in demand for formalin from agricultural industry, the adoption & demand for Formalin is likely to increase the market growth during the forecast period. However, government regulations impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Formalin market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the rise in demand for wooden furniture, hardwood flooring, and a variety of other goods. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as extensive use of adhesives to produce flawless furniture and increasing usage in dyes, antiseptics and drugs would create lucrative growth prospects for the Formalin market across Asia-Pacific region.
Major market players included in this report are:
Merck KGaA
BASF SE
3M
Balaji Formalin Private Limited
Bayer AG
Celanese Corporation
DuPont
Dynea AS
Georgia-Pacific Chemicals
Huntsman International LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Automotive
Drugs
Dyes
Fertilizer
Antiseptic perfume
Rubber chemicals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Formalin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Merck KGaA
BASF SE
3M
Balaji Formalin Private Limited
Bayer AG
Celanese Corporation
DuPont
Dynea AS
Georgia-Pacific Chemicals
Huntsman International LLC
Global Formalin Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Formalin is dissolved in water; it is used as an industrial disinfectant as well as a preservative in funeral homes and medical laboratories. It is also a preservative in certain foods and products like antiseptics, medications, and cosmetics. The increase in the usage of adhesives and growing wood industry has led to the adoption of Formalin across the forecast period. For Instance: as per the IBEF, The wood industry prototype and its improvement cost a total of INR 300,000 (US$ 6,725) and funding from the National Innovation Foundation (NIF) and the National Bamboo Mission (NBM). Also, with the surge in demand for formalin from agricultural industry, the adoption & demand for Formalin is likely to increase the market growth during the forecast period. However, government regulations impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Formalin market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the rise in demand for wooden furniture, hardwood flooring, and a variety of other goods. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as extensive use of adhesives to produce flawless furniture and increasing usage in dyes, antiseptics and drugs would create lucrative growth prospects for the Formalin market across Asia-Pacific region.
Major market players included in this report are:
Merck KGaA
BASF SE
3M
Balaji Formalin Private Limited
Bayer AG
Celanese Corporation
DuPont
Dynea AS
Georgia-Pacific Chemicals
Huntsman International LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Automotive
Drugs
Dyes
Fertilizer
Antiseptic perfume
Rubber chemicals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Formalin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Merck KGaA
BASF SE
3M
Balaji Formalin Private Limited
Bayer AG
Celanese Corporation
DuPont
Dynea AS
Georgia-Pacific Chemicals
Huntsman International LLC
Table of Contents
200 Pages
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Formalin Market, by Region, 2020-2028(USD Billion)
- 1.2.2. Formalin Market, by Application, 2020-2028(USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Formalin Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Formalin Market Dynamics
- 3.1. Formalin Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increase in the usage of adhesives
- 3.1.1.2. Growing wood industry
- 3.1.2. Market Challenges
- 3.1.2.1. Government regulations
- 3.1.3. Market Opportunities
- 3.1.3.1. Surge in demand for formalin from agricultural industry
- Chapter 4. Global Formalin Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
- Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
- Chapter 6. Global Formalin Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Formalin Market by Application, Performance – Potential Analysis
- 6.3. Global Formalin Market Estimates & Forecasts by Application, 2019-2028 (USD Billion)
- 6.4. Formalin Market, Sub Segment Analysis
- 6.4.1. Automotive
- 6.4.2. Drugs
- 6.4.3. Dyes
- 6.4.4. Fertilizer
- 6.4.5. Antiseptic perfume
- 6.4.6. Rubber chemicals
- 6.4.7. Others
- Chapter 7. Global Formalin Market, Regional Analysis
- 7.1. Formalin Market, Regional Market Snapshot
- 7.2. North America Formalin Market
- 7.2.1. U.S. Formalin Market
- 7.2.1.1. Application breakdown estimates & forecasts, 2019-2028
- 7.2.2. Canada Formalin Market
- 7.3. Europe Formalin Market Snapshot
- 7.3.1. U.K. Formalin Market
- 7.3.2. Germany Formalin Market
- 7.3.3. France Formalin Market
- 7.3.4. Spain Formalin Market
- 7.3.5. Italy Formalin Market
- 7.3.6. Rest of Europe Formalin Market
- 7.4. Asia-Pacific Formalin Market Snapshot
- 7.4.1. China Formalin Market
- 7.4.2. India Formalin Market
- 7.4.3. Japan Formalin Market
- 7.4.4. Australia Formalin Market
- 7.4.5. South Korea Formalin Market
- 7.4.6. Rest of Asia Pacific Formalin Market
- 7.5. Latin America Formalin Market Snapshot
- 7.5.1. Brazil Formalin Market
- 7.5.2. Mexico Formalin Market
- 7.6. Rest of The World Formalin Market
- Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Company Profiles
- 8.2.1. Merck KGaA
- 8.2.1.1. Key Information
- 8.2.1.2. Overview
- 8.2.1.3. Financial (Subject to Data Availability)
- 8.2.1.4. Product Summary
- 8.2.1.5. Recent Developments
- 8.2.2. BASF SE
- 8.2.3. 3M
- 8.2.4. Balaji Formalin Private Limited
- 8.2.5. Bayer AG
- 8.2.6. Celanese Corporation
- 8.2.7. DuPont
- 8.2.8. Dynea AS
- 8.2.9. Georgia-Pacific Chemicals
- 8.2.10. Huntsman International LLC
- Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption
- List of Tables
- TABLE 1. Global Formalin market, report scope
- TABLE 2. Global Formalin market estimates & forecasts by Region 2019-2028 (USD Billion)
- TABLE 3. Global Formalin market estimates & forecasts by Application 2019-2028 (USD Billion)
- TABLE 4. Global Formalin market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 5. Global Formalin market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 6. Global Formalin market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 7. Global Formalin market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 8. Global Formalin market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 9. Global Formalin market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 10. Global Formalin market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 11. Global Formalin market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 12. Global Formalin market by segment, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 13. Global Formalin market by region, estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 14. U.S. Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 15. U.S. Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 16. U.S. Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 17. Canada Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 18. Canada Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 19. Canada Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 20. UK Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 21. UK Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 22. UK Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 23. Germany Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 24. Germany Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 25. Germany Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 26. RoE Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 27. RoE Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 28. RoE Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 29. China Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 30. China Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 31. China Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 32. India Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 33. India Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 34. India Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 35. Japan Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 36. Japan Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 37. Japan Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 38. RoAPAC Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 39. RoAPAC Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 40. RoAPAC Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 41. Brazil Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 42. Brazil Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 43. Brazil Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 44. Mexico Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 45. Mexico Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 46. Mexico Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 47. RoLA Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 48. RoLA Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 49. RoLA Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 50. Row Formalin market estimates & forecasts, 2019-2028 (USD Billion)
- TABLE 51. Row Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 52. Row Formalin market estimates & forecasts by segment 2019-2028 (USD Billion)
- TABLE 53. List of secondary sources, used in the study of global Formalin market
- TABLE 54. List of primary sources, used in the study of global Formalin market
- TABLE 55. Years considered for the study
- TABLE 56. Exchange rates considered
- List of figures
- FIG 1. Global Formalin market, research methodology
- FIG 2. Global Formalin market, market estimation techniques
- FIG 3. Global market size estimates & forecast methods
- FIG 4. Global Formalin market, key trends 2021
- FIG 5. Global Formalin market, growth prospects 2022-2028
- FIG 6. Global Formalin market, porters 5 force model
- FIG 7. Global Formalin market, pest analysis
- FIG 8. Global Formalin market, value chain analysis
- FIG 9. Global Formalin market by segment, 2019 & 2028(USD Billion)
- FIG 10. Global Formalin market by segment, 2019 & 2028(USD Billion)
- FIG 11. Global Formalin market by segment, 2019 & 2028(USD Billion)
- FIG 12. Global Formalin market by segment, 2019 & 2028(USD Billion)
- FIG 13. Global Formalin market by segment, 2019 & 2028(USD Billion)
- FIG 14. Global Formalin market, regional snapshot 2019 & 2028
- FIG 15. North America Formalin market 2019 & 2028(USD Billion)
- FIG 16. Europe Formalin market 2019 & 2028(USD Billion)
- FIG 17. Asia pacific Formalin market 2019 & 2028(USD Billion)
- FIG 18. Latin America Formalin market 2019 & 2028(USD Billion)
- FIG 19. Global Formalin market, company market share analysis (2021)
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