China's paraformaldehyde (PF) industry has witnessed a steady development in the past ten years. The output of PF increased greatly, with a CAGR of 2.2% from 2014 to 2023.
Domestic PF production is mainly distributed in Hebei, Jiangsu and Shandong, relying on abundant supply of methanol and convenient transportation.
In China, PF is mainly consumed in agrochemical, resin and pharmaceutical industries, etc. The agrochemical industry is the largest consumption field of PF, taking up 75.5% of the total domestic PF consumption in 2023. Glyphosate technical (AEA pathway) is the largest end-use segment, and the consumption of PF in glyphosate accounted for 71.6% of the national total in 2023. The consumption of PF in resin industry occupied 20.7% share to the national total in 2023.
This report is the 20th edition, based on the former one finished in finished in April 2023, focusing on the situation of China's paraformaldehyde (PF) industry in 2023 and Q1 2024, as well as forecasting its future development trend. The report is formulated in April 2024 and aims to disclose the latest production and market information of China's PF industry. The data for 2023 and before are based on CCM's database and other various sources as mentioned in the section of methodology below.
This market research provides detailed analysis on the elements affecting the growth of PF industry in China, as well as current and historic development of the industry. Market drivers, restraints, opportunities and relative policies can be found in this report.
Scope of the report
Region scope: China.
Time scope: 2014 to 2023, primarily 2021 to 2023.
On the basis of industrial segments: paraformaldehyde production, import, exports, and consumption.
To enquire about this report, please email [email protected] or call +86-20-37616606.
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