Global Paraformaldehyde Market: Snapshot 

In the last few years, the use of paraformaldehyde has increased significantly owing to the rising number of applications. The growing demand from agrochemical and resins manufacturers is expected to encourage the growth of the global paraformaldehyde market in the coming years. Some of the key applications of paraformaldehyde are medical appliances, agrochemicals, resins, lubricant additives, papermaking, and others. The key players in the market are emphasizing on increasing the number of applications is estimated to supplement the growth of the market in the coming years. 

According to the research study, the global market for paraformaldehyde is anticipated to reach a value of US$791.9 mn by the end of 2023. The market is likely to register a healthy 6.0% CAGR between 2015 and 2023. 

Application of paraformaldehyde as Lubricant Additives to Encourage Growth 

The rising rate of adoption of GM crops has resulted in a high demand for glyphosate, which is the key factor estimated to encourage the growth of the global paraformaldehyde market in the coming years. In addition, the growing demand for resins is predicted to accelerate the overall development of the market in the near future. The rising focus on the development of new products and technological advancements are estimated to supplement the market’s growth. 

On the flip side, several concerns related to the sanctions and restrictions against glyphosate are anticipated to restrict the growth of the global paraformaldehyde market in the forecast period. Nevertheless, the application of paraformaldehyde as drilling fluids and as a lubricant additive is expected to generate promising opportunities for key players operating in the global market in the next few years. 

Rising Contribution from China to Bolster Asia Pacific Paraformaldehyde Market 

In the last few years, the Asia Pacific segment held a large share of the global paraformaldehyde market and is likely to remain in the topmost position in the next few years. The tremendous contribution from China is estimated to accelerate the growth of this region and is considered as one of the largest manufacturers across the globe. The expansion of the application base of paraformaldehyde is expected to supplement the growth of this segment in the coming years. Furthermore, North America and Europe are anticipated to follow Asia Pacific throughout the forecast period. The rising demand from diverse industries and the increasing focus on technological developments are anticipated to encourage the growth of the Asia Pacific market for paraformaldehyde in the next few years. Furthermore, Latin America and the Middle East and Africa are likely to witness a healthy growth in the next few years. 

Growing Demand from Diverse Industries to Encourage Growth 

The growing demand for paraformaldehyde has attracted several new players to enter the market in order to expand their product horizon and attain a leading position in the market. The rising level of competition is projected to result in introduction of new products and the creating an awareness among consumers regarding the use of paraformaldehyde across diverse industries. In addition, the rising number of mergers and acquisitions is another major factor anticipated to contribute significantly towards the growth of the global market throughout the forecast period. 

Some of the key players operating in the paraformaldehyde market across the globe are Nantong Jiangtian Chemical Co., Ltd., Celanese Corporation, Shouguang Xudong Chemical Co., Ltd., Feno Resinas S.A. de C.V., INEOS Group Limited, and LCY Chemical Corp. The presence of a large number of players is expected to enhance the competitive scenario of the overall market throughout the forecast period. 

 
Chapter 1 Preface
1.1 Research Description
1.2 Market Segmentation
     1.2.1 Global Paraformaldehyde Market, Segmentation by Application and Region
1.3 Research Scope
     1.3.1 Assumptions
1.4 Research Methodology
     1.4.1 Abbreviations
 
Chapter 2 Executive Summary
2.1 Global Paraformaldehyde Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
 
Chapter 3 Paraformaldehyde Market - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
     3.3.1 Increasing Adoption of GM Crops has Fuelled the Glyphosate Market
     3.3.2 Increasing Demand for Resins has Resulted in Higher Demand for Paraformaldehyde
3.4 Restraints
   3.4.1 Restrictions and Sanctions Against Glyphosate could Hamper Long-term Prospects of Paraformaldehyde Market
3.5 Opportunity
    3.5.1 Application of Paraformaldehyde as Lubricant Additives and in Drilling Fluids Presents Opportunity for Market Growth
3.6 Porter’s Five Forces Analysis
     3.6.1 Bargaining Power of Suppliers
     3.6.2 Bargaining Power of Buyers
     3.6.3 Threat of New Entrants
     3.6.4 Threat of Substitutes
     3.6.5 Degree of Competition
3.7 Global Paraformaldehyde Market - Attractiveness Analysis
     3.7.1 Global Paraformaldehyde Market - Attractiveness Analysis, 2014
3.8 Global Paraformaldehyde Market - Company Market Share Analysis
     3.8.1 Global Paraformaldehyde Market: Company Market Share Analysis, 2014 (%)
 
Chapter 4 Paraformaldehyde Market – Raw Material & Price Analysis
4.1 Raw Material Analysis: Manufacturing Process
     4.1.1 Rake Type Drying Process
     4.1.2 Spray Drying Process
4.2 Raw Material Price Trends
 
Chapter 5 Paraformaldehyde Market – Application Analysis
5.1 Paraformaldehyde Market: Application Overview
     5.1.1 Global Paraformaldehyde Market Volume Share, by Application, 2014 & 2023
5.2 Resins
     5.2.1 Global Demand for Paraformaldehyde in Resins, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.3 Agrochemicals
    5.3.1 Global Demand for Paraformaldehyde in Agrochemicals, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.4 Medical Applications
    5.4.1 Global Demand for Paraformaldehyde in Medical Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.5 Others
     5.5.1 Global Demand for Paraformaldehyde in Other Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
 
Chapter 6 Paraformaldehyde Market - Regional Analysis
6.1 Global Paraformaldehyde Market: Regional Overview
     6.1.1 Global Paraformaldehyde Market Volume Share, by Region, 2014 & 2023
6.2 North America
     6.2.1 North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
     6.2.2 North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.2.3 U.S.
             6.2.3.1 U.S. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
             6.2.3.2 U.S. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.2.4 Rest of North America
           6.2.4.1 Rest of North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.2.4.2 Rest of North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.3 Europe
     6.3.1 Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
     6.3.2 Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.3.3 Germany
          6.3.3.1 Germany Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
           6.3.3.2 Germany Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.3.4 U.K.
              6.3.4.1 U.K. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
              6.3.4.2 U.K. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.3.5 France
            6.3.5.1 France Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.3.5.2 France Paraformaldehyde Market Revenue, by Application, 2014 - 2023 (US$ Mn)
     6.3.6 Spain
             6.3.6.1 Spain Paraformaldehyde Market, Volume by Application, 2014 – 2023 (Kilo Tons)
             6.3.6.2 Spain Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.3.7 Italy
             6.3.7.1 Italy Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
             6.3.7.2 Italy Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.3.8 Rest of Europe
           6.3.8.1 Rest of Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.3.8.2 Rest of Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.4 Asia Pacific
     6.4.1 Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
     6.4.2 Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.4.3 China
            6.4.3.1 China Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.4.3.2 China Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.4.4 Japan
            6.4.4.1 Japan Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.4.4.2 Japan Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.4.5 ASEAN
            6.4.5.1 ASEAN Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.4.5.2 ASEAN Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.4.6 Rest of Asia Pacific
           6.4.6.1 Rest of Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
          6.4.6.2 Rest of Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.5 MEA
     6.5.1 MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
     6.5.2 MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.5.3 GCC
             6.5.3.1 GCC Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
             6.5.3.2 GCC Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.5.4 South Africa
            6.5.4.1 South Africa Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
          6.5.4.2 South Africa Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.5.5 Rest of MEA
            6.5.5.1 Rest of MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.5.5.2 Rest of MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
6.6 Latin America
     6.6.1 Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
     6.6.2 Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.6.3 Brazil
             6.6.3.1 Brazil Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
             6.6.3.2 Brazil Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
     6.6.4 Rest of Latin America
           6.6.4.1 Rest of Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
            6.6.4.2 Rest of Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
 
Chapter 7 Company Profiles
7.1 INEOS Group Limited
7.2 Shouguang Xudong Chemical Co., Ltd.
7.3 Jinan Xiangrui Chemical Co., Ltd.
7.4 Nantong Jiangtian Chemical Co., Ltd.
7.5 Celanese Corporation
7.6 Ercros S.A.
7.7 LCY Chemical Corp.
7.8 Alder s.p.a.
7.9 Feno Resinas S.A de C.V.
7.10 Chemanol
7.11 Shandong Shuangqi Chemical Co., Ltd.
 
Chapter 8 Primary Findings
List of Tables
 
TABLE 1 Global Paraformaldehyde Market, Snapshot
TABLE 2 Drivers of the Paraformaldehyde Market - Impact Analysis
TABLE 3 Restraints of the Paraformaldehyde Market - Impact Analysis
TABLE 4 Global Formaldehyde Price Trend
TABLE 5 North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 6 North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 7 U.S. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 8 U.S. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 9 Rest of North America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 10 Rest of North America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 11 Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 12 Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 13 Germany Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 14 Germany Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 15 U.K. Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 16 U.K. Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 17 France Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 18 France Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 19 Spain Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 20 Spain Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 21 Italy Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 22 Italy Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 23 Rest of Europe Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 24 Rest of Europe Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 25 Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 26 Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 27 China Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 28 China Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 29 Japan Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 30 Japan Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 31 ASEAN Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 32 ASEAN Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 33 Rest of Asia Pacific Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 34 Rest of Asia Pacific Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 35 MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 36 MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 37 GCC Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 38 GCC Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 39 South Africa Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 40 South Africa Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 41 Rest of MEA Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 42 Rest of MEA Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 43 Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 44 Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 45 Brazil Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 46 Brazil Paraformaldehyde Market Revenue, by Application, 2014 – 2023 (US$ Mn)
TABLE 47 Rest of Latin America Paraformaldehyde Market Volume, by Application, 2014 – 2023 (Kilo Tons)
TABLE 48 Rest of Latin America Paraformaldehyde Market Revenue, by Application, 2014 – 2023
List of Figures 
 
FIG. 1 Global Paraformaldehyde Market, Segmentation by Application and Region
FIG. 2 Global Paraformaldehyde Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
FIG. 3 Value Chain Analysis: Paraformaldehyde Market
FIG. 4 Percentage of Arable Acres Planted with GE Crops in US, 2000 – 2013
FIG. 5 Global Demand for Glyphosate, by Volume, 2011 – 2023 (Kilo Tons)
FIG. 6 Global Market for Urea Formaldehyde, Melamine Formaldehyde & Phenolic Resins (2013 – 2023)
FIG. 7 Global Drilling Fluids Market Estimates and Forecasts, 2014 – 2023 (USD Mn)
FIG. 8 Global Lubricant Additives Market by Volume, 2014 – 2023 (Kilo Tons)
FIG. 9 Porter’s Five Forces Analysis
FIG. 10 Global Paraformaldehyde Market - Attractiveness Analysis
FIG. 11 Global Paraformaldehyde Market: Company Market Share Analysis, 2014 (%)
FIG. 12 Global Methanol Price Trend (2008 – 2014)
FIG. 13 Global Paraformaldehyde Market Volume Share, by Application, 2014 & 2023
FIG. 14 Global Demand for Paraformaldehyde in Resins, 2014 – 2023 (Kilo Tons) (US$ Mn)
FIG. 15 Global Demand for Paraformaldehyde in Agrochemicals, 2014 – 2023 (Kilo Tons) (US$ Mn)
FIG. 16 Global Demand for Paraformaldehyde in Medical Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
FIG. 17 Global Demand for Paraformaldehyde in Other Applications, 2014 – 2023 (Kilo Tons) (US$ Mn)
FIG. 18 Global Paraformaldehyde Market Volume Share, by Region, 2014 & 2023

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Paraformaldehyde Market