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Urea Formaldehyde Market

Publisher Future Market Insights
Published Aug 01, 2023
Length 234 Pages
SKU # FMARI18092101

Description

Urea Formaldehyde Market


Urea formaldehyde (UF), chemically known as urea methanol, is a chemical composition of urea and formaldehyde and is set to witness high surge in demand in next couple of years primarily due to its high tensile strength, flexural modulus and scratch resistant properties that makes it suitable for being used as adhesives in various end–use industries. The urea formaldehyde market is a double-digit billion dollar industry and is expected to grow at a very impressive rate during the forecast period. The UF resins are economically cost-effective in nature than other resins such as phenol-formaldehyde resins, thus making it more popular among industries such as textiles, papers, foundry, etc.

Urea Formaldehyde Industry: Drivers & Restraints

The demand for good quality and economically viable adhesives and resins is expected to fuel the market of urea formaldehyde. Most of the demand is expected to generate from automobiles and electrical appliances globally. Challenges include government legislation promoting sustainable products in lieu of UF adhesives and resins.

Urea Formaldehyde Market: Segmentation

On the basis of end-use industries, the global urea formaldehyde market is segmented into,

Automobiles

Electrical Appliances

Home Appliances (Furniture)

Agriculture

Others

Most of the demand is expected to generate from home appliances and electrical appliances, however, its usage in agriculture is gaining momentum, particularly as a source of nitrogen fertilizer.

On the basis of end-use applications, urea formaldehyde market is segmented into

Adhesives

Particle board

Plywood

Roofing mats

Others

Particle board followed by adhesives and plywood are the key applications of urea formaldehyde. High growth is expected in adhesive applications, primarily due to increasing penetration in automobiles and electrical appliances industries during the forecast period.

Urea Formaldehyde Market: Region-wise Outlook

On the basis of region urea formaldehyde finds its market scope in North America, Latin America, Middle East & Africa, Europe and Asia-Pacific. North America and Europe dominates the urea formaldehyde market in terms of consumption, however, Asia Pacific and Latin America are expected to be the most promising region in terms of incremental opportunities lying ahead for generating high revenue. High production cost coupled with prolonged economic crisis in developed regions of Europe has led to the shifting of urea formaldehyde market to Asia Pacific. Economic reforms in Malaysia, China and India along with high GDP growth rate is fuelling the urea formaldehyde market in these regions. Though Asia Pacific is lucrative in terms of revenue generation, volatility exists mainly due to the unorganized end-use industries in two large market bases-china and India.

Urea Formaldehyde Market: Key Players

Company needs to meet the stringent quality norms before marketing their product especially in developing regions of Asia Pacific.

Some of the market participants in the global urea formaldehyde market are BASF SE, The Dow Chemical Company, Ashland Inc., DuPont, Kronospan Ltd., Advachem SA, etc.

Going through these points, there is no doubt that urea formaldehyde market hold good market prospects in near future, thereby is anticipated to grow at impressive CAGR during the forecast period, 2015–2025.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Value Chain Analysis

Current Trends/Issues/Challenges

Competition & Companies involved

Overview of Specialty Chemicals market

Regional analysis includes

North America (U.S., Canada, Mexico)

Latin America (Brazil, Mexico)

Western Europe (Germany, Italy, France, U.K, Spain)

Eastern Europe (Poland, Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

Table of Contents

234 Pages
1. Executive Summary | Urea Formaldehyde Market
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
5.1. Historical Market Volume (Tons) Analysis, 2017 to 2021
5.2. Current and Future Market Volume (Tons) Projections, 2022 to 2032
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis By Product Type
6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032
7.1. Historical Market Value (US$ Million) Analysis, 2017 to 2021
7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Macro-Economic Factors
8.1.1. Global GDP Growth Outlook
8.1.2. Global GDP Growth Outlook
8.1.3. Global Chemical Industry Overview
8.1.4. Global Furniture Industry Outlook
8.1.5. Global Automotive Production
8.1.6. Global Building & Construction Sector Overview
8.1.7. Industry Value-Added Factors
8.2. Forecast Factors - Relevance & Impact
8.2.1. Top Companies Historical Growth
8.2.2. GDP Growth forecast
8.2.3. Manufacturing Industry forecast
8.2.4. Urbanization Growth Outlook
8.2.5. Demand for High-Performance Adhesives
8.2.6. Demand from Furniture Industry
8.2.7. Growth of the Construction sector
8.2.8. Demand from Agricultural Sector
8.2.9. Other Forecast Factors
8.3. Value Chain Analysis
8.3.1. List of Raw Material Suppliers
8.3.2. List of Product Manufacturers
8.3.3. List of Distributors
8.3.4. List of End-Users
8.3.5. Average Margins
8.4. COVID-19 Crisis - Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Global Supply Demand Analysis
8.7. Porters Five Forces Analysis
8.8. PEST analysis
9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume Analysis By Form, 2017 to 2021
9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Form, 2022 to 2032
9.3.1. Liquid
9.3.2. Powder
9.3.3. Solid
9.4. Market Attractiveness Analysis By Form
10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-Use
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) and Volume Analysis By End-Use, 2017 to 2021
10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End-Use, 2022 to 2032
10.3.1. Furniture
10.3.1.1. Plywood
10.3.1.2. Laminates
10.3.1.3. Particle Board
10.3.1.4. Wood Adhesives
10.3.1.5. Medium Density Fiberboard
10.3.2. Automotive
10.3.2.1. Decorative Laminates
10.3.2.2. Plywood
10.3.2.3. Molding Compounds
10.3.2.4. Abrasives
10.3.2.5. Tires
10.3.3. Electrical Appliances
10.3.3.1. Electronic Adhesives
10.3.3.2. Coatings
10.3.3.3. Molding Compounds
10.3.3.4. Plywood
10.3.4. Agriculture
10.3.5. Building and Construction
10.3.5.1. Plywood
10.3.5.2. Particle Board
10.3.5.3. Wood Adhesives
10.3.5.4. Roofing
10.3.5.5. Foundry sand molds
10.3.6. Textile
10.3.6.1. Wrinkle-Resistant fabrics
10.3.6.2. Cotton Blends
10.3.7. Others (Paper, Paints, Surface Coatings)
10.4. Market Attractiveness Analysis By End-Use
11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
11.1. Introduction
11.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2017 to 2021
11.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2022 to 2032
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. East Asia
11.3.5. South Asia and Pacific
11.3.6. Middle East and Africa
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
12.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
12.4.1. By Country
12.4.1.1. USA
12.4.1.2. Canada
12.4.2. By Form
12.4.3. By End-Use
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Form
12.5.3. By End-Use
12.6. Market Trends
12.7. Drivers and Restraints - Impact Analysis
13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
13.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
13.4.1. By Country
13.4.1.1. Brazil
13.4.1.2. Mexico
13.4.1.3. Rest of Latin America
13.4.2. By Form
13.4.3. By End-Use
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Form
13.5.3. By End-Use
13.6. Market Trends
13.7. Drivers and Restraints - Impact Analysis
14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
14.4.1. By Country
14.4.1.1. Germany
14.4.1.2. Italy
14.4.1.3. France
14.4.1.4. United Kingdom
14.4.1.5. Spain
14.4.1.6. BENELUX
14.4.1.7. Russia
14.4.1.8. Rest of Europe
14.4.2. By Form
14.4.3. By End-Use
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Form
14.5.3. By End-Use
14.6. Market Trends
14.7. Drivers and Restraints - Impact Analysis
15. South Asia and Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
15.4.1. By Country
15.4.1.1. India
15.4.1.2. ASEAN
15.4.1.3. Oceania
15.4.1.4. Rest of South Asia & Pacific
15.4.2. By Form
15.4.3. By End-Use
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Form
15.5.3. By End-Use
15.6. Market Trends
15.7. Drivers and Restraints - Impact Analysis
16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.2. By Form
16.4.3. By End-Use
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Form
16.5.3. By End-Use
16.6. Market Trends
16.7. Drivers and Restraints - Impact Analysis
17. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021
17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032
17.4.1. By Country
17.4.1.1. GCC Countries
17.4.1.2. Turkey
17.4.1.3. Northern Africa
17.4.1.4. South Africa
17.4.1.5. Rest of Middle East and Africa
17.4.2. By Form
17.4.3. By End-Use
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Form
17.5.3. By End-Use
17.6. Market Trends
17.7. Drivers and Restraints - Impact Analysis
18. Country-Wise Market Analysis
18.1. Introduction
18.2. USA Market Analysis
18.2.1. By Form
18.2.2. By End-Use
18.3. Canada Market Analysis
18.3.1. By Form
18.3.2. By End-Use
18.4. Mexico Market Analysis
18.4.1. By Form
18.4.2. By End-Use
18.5. Brazil Market Analysis
18.5.1. By Form
18.5.2. By End-Use
18.6. Germany Market Analysis
18.6.1. By Form
18.6.2. By End-Use
18.7. Italy Market Analysis
18.7.1. By Form
18.7.2. By End-Use
18.8. France Market Analysis
18.8.1. By Form
18.8.2. By End-Use
18.9. United Kingdom Market Analysis
18.9.1. By Form
18.9.2. By End-Use
18.10. Spain Market Analysis
18.10.1. By Form
18.10.2. By End-Use
18.11. Russia Market Analysis
18.11.1. By Form
18.11.2. By End-Use
18.12. China Market Analysis
18.12.1. By Form
18.12.2. By End-Use
18.13. Japan Market Analysis
18.13.1. By Form
18.13.2. By End-Use
18.14. S. Korea Market Analysis
18.14.1. By Form
18.14.2. By End-Use
18.15. India Market Analysis
18.15.1. By Form
18.15.2. By End-Use
18.16. ASEAN Market Analysis
18.16.1. By Form
18.16.2. By End-Use
18.17. Australia and New Zealand Market Analysis
18.17.1. By Form
18.17.2. By End-Use
18.18. Turkey Market Analysis
18.18.1. By Form
18.18.2. By End-Use
18.19. South Africa Market Analysis
18.19.1. By Form
18.19.2. By End-Use
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies (Urea Formaldehyde)
19.2. Market Share Analysis of Top Players
19.3. Apparent Production Capacities of Key Players
19.4. Market Presence Analysis
19.4.1. By Regional Footprint
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. BASF SE
20.3.1.1. Overview
20.3.1.2. Product Portfolio
20.3.1.3. Profitability by Market Segments (Product/Channel/Region)
20.3.1.4. Sales Footprint
20.3.1.5. Strategy Overview
20.3.2. Hexion, Inc.
20.3.2.1. Overview
20.3.2.2. Product Portfolio
20.3.2.3. Profitability by Market Segments (Product/Channel/Region)
20.3.2.4. Sales Footprint
20.3.2.5. Strategy Overview
20.3.3. Hexzachem Sarawak Sdn Bhd
20.3.3.1. Overview
20.3.3.2. Product Portfolio
20.3.3.3. Profitability by Market Segments (Product/Channel/Region)
20.3.3.4. Sales Footprint
20.3.3.5. Strategy Overview
20.3.4. Bakelite Synthetics
20.3.4.1. Overview
20.3.4.2. Product Portfolio
20.3.4.3. Profitability by Market Segments (Product/Channel/Region)
20.3.4.4. Sales Footprint
20.3.4.5. Strategy Overview
20.3.5. Acron PJSC
20.3.5.1. Overview
20.3.5.2. Product Portfolio
20.3.5.3. Profitability by Market Segments (Product/Channel/Region)
20.3.5.4. Sales Footprint
20.3.5.5. Strategy Overview
20.3.6. Asta Chemicals
20.3.6.1. Overview
20.3.6.2. Product Portfolio
20.3.6.3. Profitability by Market Segments (Product/Channel/Region)
20.3.6.4. Sales Footprint
20.3.6.5. Strategy Overview
20.3.7. ARCL Organics Ltd.
20.3.7.1. Overview
20.3.7.2. Product Portfolio
20.3.7.3. Profitability by Market Segments (Product/Channel/Region)
20.3.7.4. Sales Footprint
20.3.7.5. Strategy Overview
20.3.8. Capital Resin Corporation
20.3.8.1. Overview
20.3.8.2. Product Portfolio
20.3.8.3. Profitability by Market Segments (Product/Channel/Region)
20.3.8.4. Sales Footprint
20.3.8.5. Strategy Overview
20.3.9. Biqem
20.3.9.1. Overview
20.3.9.2. Product Portfolio
20.3.9.3. Profitability by Market Segments (Product/Channel/Region)
20.3.9.4. Sales Footprint
20.3.9.5. Strategy Overview
20.3.10. Metadynea
20.3.10.1. Overview
20.3.10.2. Product Portfolio
20.3.10.3. Profitability by Market Segments (Product/Channel/Region)
20.3.10.4. Sales Footprint
20.3.10.5. Strategy Overview
20.3.11. Advachem SA
20.3.11.1. Overview
20.3.11.2. Product Portfolio
20.3.11.3. Profitability by Market Segments (Product/Channel/Region)
20.3.11.4. Sales Footprint
20.3.11.5. Strategy Overview
20.3.12. Kronoplus Limited
20.3.12.1. Overview
20.3.12.2. Product Portfolio
20.3.12.3. Profitability by Market Segments (Product/Channel/Region)
20.3.12.4. Sales Footprint
20.3.12.5. Strategy Overview
20.3.13. Foresa
20.3.13.1. Overview
20.3.13.2. Product Portfolio
20.3.13.3. Profitability by Market Segments (Product/Channel/Region)
20.3.13.4. Sales Footprint
20.3.13.5. Strategy Overview
20.3.14. Sadepan
20.3.14.1. Overview
20.3.14.2. Product Portfolio
20.3.14.3. Profitability by Market Segments (Product/Channel/Region)
20.3.14.4. Sales Footprint
20.3.14.5. Strategy Overview
20.3.15. Siva Chemical Industries
20.3.15.1. Overview
20.3.15.2. Product Portfolio
20.3.15.3. Profitability by Market Segments (Product/Channel/Region)
20.3.15.4. Sales Footprint
20.3.15.5. Strategy Overview
20.3.16. Foremark Performance Chemicals Inc.
20.3.16.1. Overview
20.3.16.2. Product Portfolio
20.3.16.3. Profitability by Market Segments (Product/Channel/Region)
20.3.16.4. Sales Footprint
20.3.16.5. Strategy Overview
20.3.17. LRBG Chemicals
20.3.17.1. Overview
20.3.17.2. Product Portfolio
20.3.17.3. Profitability by Market Segments (Product/Channel/Region)
20.3.17.4. Sales Footprint
20.3.17.5. Strategy Overview
21. Primary Survey Analysis
22. Assumptions and Acronyms Used
23. Research Methodology

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