Urea Formaldehyde Market
Urea Formaldehyde Market Analysis By Form (Liquid, Powder), By Application, By End User and By Regions - Global Review 2023 to 2033
Analysis of Urea Formaldehyde Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Urea Formaldehyde Market Growth Outlook (2023 to 2033)
The global urea formaldehyde market is set to estimate a valuation of US$ 6.9 billion in 2023 and it is anticipated to grow at a CAGR of 4.5% to reach US$ 10.7 billion by the end of 2033.
Urea formaldehyde is prominently used as an adhesive in different end-use industries such as furniture, transportation, electrical & electronics, building and construction, and others.
Report Attributes |
Details |
|
Urea Formaldehyde Market Size (2023) |
US$ 6.9 Billion |
|
Forecasted Market Value (2033F) |
US$ 10.7 Billion |
|
Global Market Growth Rate (2023–2033) |
4.5% |
|
North America Market Share (2023) |
25.9% |
|
East Asia Market Growth Rate (2023–2033) |
4.9% |
|
Europe Market Growth Rate (2023–2033) |
4.4% |
|
Key Companies Profiled |
|
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Historic and Future Pathway Analysis for the Urea Formaldehyde Market
Urea-formaldehyde has various remarkable properties like high resistance, cost-effectiveness, easy adaptability in diverse curing conditions, exceptional thermal properties, low cure temperature, and excellent water solubility. Due to all of these features, urea formaldehyde gaining traction across major end-use industries.
Urea-formaldehyde demand has risen over time as a result of significant expansion in a number of end-use industries, including the furniture, automotive, and construction sectors. With this, rising awareness regarding the advantages of urea formaldehyde is helping to drive the market during the forecast period.
- Short Term (2023–2026): The growing automotive and construction industry to proliferate the urea formaldehyde market growth.
- Medium Term (2026–2029): With the growing demand for urea formaldehyde from the wood industry as an adhesive it is anticipated that the market will witness immense growth.
- Long Term (2029–2033): Growth of end-use industries in Asia pacific majorly in China, and India are expected to witness substantial demand for urea-formaldehyde in the coming years.
Over the 2018–2022 historical period, the urea formaldehyde market registered a CAGR of 3.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.5% CAGR between 2023 and 2033.
Market Dynamics Overview
“Applications in Automotive and Aircraft Sector is Driving Market”
Due to its many advantageous chemical characteristics, urea formaldehyde is becoming more popular as a crucial chemical in a variety of applications. The growing intermediate applications of urea-formaldehyde in the automotive, aircraft, and construction industries continue to create growth opportunities for urea-formaldehyde.
Urea-formaldehyde is an excellent bonding agent and provides high-quality performance at a very reasonable price so its use as an adhesive is increasing in the automotive and aircraft industries.
Urea-formaldehyde is majorly used in the manufacturing of automotive components such as engine parts, tires, fuel system components, vehicle interiors, brake pads, foams in car seats body parts, bumpers, and engine lubricants. Along with automotive, these resins are also gaining demand from the aircraft sector for the manufacturing of various products, such as tires, seat foam, turbine lubricants, brake pads, interior paneling, and seatbelts, among others.
“Government Regulations to Hamper the Market Growth”
As compared to other thermosetting resins like polymeric di-isocyanate and phenolic formaldehyde urea formaldehyde has drawbacks such as poor resistance to moisture, especially at high temperatures. Exposure to formaldehyde can cause burning sensations in the eyes, throat, and nose, as well as skin irritation, coughing, nausea, and wheezing.
Formaldehyde is a proven human carcinogen, according to the national toxicology program. Government regulations on formaldehyde emissions may hinder the growth of the urea formaldehyde market.
A regulation to restrict exposure to formaldehyde emissions from particular domestically produced or imported wood articles was announced by the Environmental Protection Agency (EPA). Such regulations are hindering demand for urea formaldehyde from a number of end-use sectors.
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Country-wise Insights
Why the Urea Formaldehyde Market in the USA is expected to be Highly Lucrative?
The USA is dominating the global urea formaldehyde market. It is anticipated that the urea formaldehyde market is expanding at a CAGR of 3.8% across the USA during the forecast period.
The significant factor which dominates the consumption of urea-formaldehyde in the USA is the regularly increasing demand for specialty fertilizers across the country. Urea-formaldehyde has found wide application in the agriculture sector it is most useful in fertilizing crops. Urea formaldehyde is added to the soil it releases nitrogen which is an essential nutrient for the growth of crops. Due to such a consistent nitrogen supply crops become healthier and more munificent which ensures high crop yield, particularly for grain crops.
Also, the U.S. agricultural industry has seen significant growth in crop production and fertilizer use in recent years, which is expected to sustain the rising demand for urea formaldehyde. In the United States the rise of the automobile industry, as well as increased consumer demand for electrical and electronic products, the demand for urea formaldehyde is surging.
What is the Market Scenario of Urea Formaldehyde in China?
With a 39.8% share of the worldwide furniture market, China is the largest producer of furniture. This rapidly expanding furniture industry plays a key role in fueling consumer demand for a variety of goods like medium-density fiberboard, particleboard, oriented stranded board, mold finishes, and others, which in turn increase the demand for urea-formaldehyde resins across the country. Furniture exports from China are also the highest, followed by those from Germany, Vietnam, Poland, and Italy.
China has remained the predominant producer of automobiles in the world and the largest automotive market since 2009. In vehicle tires, urea formaldehyde is used to enhance the bond between rubber and tire cord. Along with this, it is also used in the production of fiberboard. In the automotive industry, fiberboard is utilized to make free-form designs including inner door shells, dashboards, and rear cargo shelves.
- The number of vehicles manufactured in China increased from around 25.2 million in 2020 to about 26.1 million in 2021, which increased the need for fiberboard in the automotive industry.
Such positive factors contribute to expanding the urea formaldehyde market across china at a CAGR of 5.1% during the forecast period.
Category-wise Insights
Why is the Liquid Form of Urea Formaldehyde Dominating the Market?
The market for urea formaldehyde is prominently segmented on the basis of form i.e. powder and liquid. As of 2023, the form segment of the urea formaldehyde market is dominated by the liquid form, which accounts for over 57.3% of the global urea formaldehyde market.
The liquid form of urea formaldehyde is frequently used in home decoration products and in industrial products. In the general liquid form of urea formaldehyde is used in decorative laminates, plywood, textiles, paper, and others. It is extensively used as an adhesive and in wood glue. Such aforementioned applications are driving the demand for liquid form urea formaldehyde and it is expected to grow at a CAGR of 4.2% during the forecast period of 2023-2033.
Why is the Building & Construction Industry Consuming a Large Share of Urea Formaldehyde?
The urea formaldehyde market has applications across numerous end-use industries and based on the end-use industry it is segmented into furniture, transportation, electrical & electronics, building & construction, agriculture, textile, and other end-use industries. With a 25.2% market share, the building & construction end-use categories consumed the largest share of the urea formaldehyde global market.
Throughout the assessment period, it is anticipated that the increased usage of medium-density fiberboards, decorative laminates, particle boards, and other materials in the building & construction industries is likely to drive demand for urea formaldehyde.
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Competitive Landscape
Key urea formaldehyde manufacturers are Achema, Ashland Inc., Asta Chemicals Sdn. Bhd., BASF SE, Ineos Group, MKS Marmara, OJSV Perechin timber and chemical plant.
Along with prominent players in the market, the market is flooded with the existence of other medium-scale and small players in the market, the global urea formaldehyde market is semi-fragmented. Prominent urea formaldehyde manufacturers acquire approximately 40–45% share of the global market.
Although small and medium-sized manufacturers concentrate on offering cost-effective products to increase their local market penetration, as compared to that well-known manufacturers are aiming to increase their production capacities.
Fact.MR has provided detailed information about the price points of key manufacturers of urea formaldehyde positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Urea Formaldehyde Industry Research
-
By Form :
- Liquid
- Powder
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By Application :
- Plywood Manufacturing
- Particle Board Manufacturing
- Medium Density Fiberboard Manufacturing
- Molding Components Manufacturing
- Others
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By End-use Industry :
- Furniture
- Transportation
- Electrical & Electronics
- Building and Construction
- Agriculture
- Textile
- Others
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By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Market – Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Global Demand and Supply Analysis 3.2. Production Process Overview 3.3. Global Urea Formaldehyde: Apparent Production & Consumption Analysis 3.3.1. Production Capacity (Kilo Tons) 3.3.1.1. By Key Regions 3.3.1.2. By Key Companies 3.3.2. Consumption Statistics 3.3.3. Apparent Trade Analysis 3.4. Market Opportunity Assessment 3.4.1. Total Available Market (US$ million) 3.4.2. Serviceable Addressable Market (US$ million) 3.4.3. Serviceable Obtainable Market (US$ million) 3.5. Market Dynamics 3.5.1. Drivers 3.5.2. Restraints 3.5.3. Opportunities 3.5.4. Trends 3.6. Macro– Economic Factors 3.7. Forecast and Factors – Relevance and Impact 3.8. PESTLE Analysis 3.9. Porter’s Five Force Analysis 3.10. Industry Value and Supply Chain Analysis 3.10.1. Value Added at Each Node of Supply Chain 3.10.2. Gross Profitability Margins (at Every Level) 3.10.3. List of Key Participants 3.10.3.1. Operating Margins (at each node of value chain) 3.10.3.2. Key Raw Material Suppliers 3.10.3.3. Key Manufacturers 3.10.3.4. Key Distributor/Retailers 3.10.3.5. Key End-Use Industries 4. Global Demand (KT) Analysis and Forecast 4.1. Historical Market Volume (KT) Analysis, 2018–2022 4.2. Current and Future Market Volume (KT) Projections, 2023–2033 4.3. Y–o–Y Volume Growth Trend Analysis 5. Global Market – Pricing Analysis 5.1. Form and Country–Level Pricing Analysis 5.2. Global Average Pricing Analysis Benchmark 5.3. Factors Influencing Pricing 6. Global Market Value (US$ million) Analysis and Forecast 6.1. Historical Market Value (US$ million) Analysis, 2018–2022 6.2. Current and Future Market Value (US$ million) Projections, 2023–2033 6.2.1. Y–o–Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Market Analysis and Forecast, By Form 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ million) and Volume (KT) Analysis By Form, 2018–2022 7.3. Current and Future Market Size (US$ million) Analysis and Volume (KT) Forecast By Form, 2023–2033 7.3.1. Liquid 7.3.2. Powder 7.4. Market Attractiveness Analysis By Form 8. Global Market Analysis and Forecast, By Application 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ million) and Volume (KT) Analysis By Application, 2018–2022 8.3. Current and Future Market Size (US$ million) Analysis and Volume (KT) Forecast By Application, 2023–2033 8.3.1. Plywood Manufacturing 8.3.2. Particle Board Manufacturing 8.3.3. Medium-Density Fiberboard Manufacturing 8.3.4. Molding Components Manufacturing 8.3.5. Others 8.4. Market Attractiveness Analysis By Application 9. Global Market Analysis and Forecast, By End Use Industry 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume (KT) Analysis By End Use Industry, 2018–2022 9.3. Current and Future Market Size (US$ million) Analysis and Volume (KT) Forecast By End Use Industry, 2023–2033 9.3.1. Furniture 9.3.2. Transportation 9.3.3. Electrical & Electronics 9.3.4. Building and Construction 9.3.5. Agriculture 9.3.6. Textile 9.3.7. Others 9.4. Market Attractiveness Analysis By End Use Industry 10. Global Market Analysis and Forecast, By Region 10.1. Introduction 10.2. Historical Market Size (US$ million) and Volume (KT) Analysis By Region, 2018–2022 10.3. Current Market Size (US$ million) Analysis and Volume (KT) Forecast By Region, 2023–2033 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. East Asia 10.3.5. South Asia & Oceania 10.3.6. Middle East & Africa 10.4. Market Attractiveness Analysis By Region 11. North America Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 11.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.2. By Form 11.4.3. By Application 11.4.4. By End Use Industry 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Form 11.5.3. By Application 11.5.4. By End Use Industry 12. Latin America Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 12.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Mexico 12.4.1.3. Argentina 12.4.1.4. Rest of Latin America 12.4.2. By Form 12.4.3. By Application 12.4.4. By End Use Industry 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Form 12.5.3. By Application 12.5.4. By End Use Industry 13. Europe Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 13.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. France 13.4.1.3. Italy 13.4.1.4. Spain 13.4.1.5. U.K. 13.4.1.6. BENELUX 13.4.1.7. Russia 13.4.1.8. Rest of Europe 13.4.2. By Form 13.4.3. By Application 13.4.4. By End Use Industry 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Form 13.5.3. By Application 13.5.4. By End Use Industry 14. East Asia Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 14.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 14.4.1. By Country 14.4.1.1. China 14.4.1.2. Japan 14.4.1.3. South Korea 14.4.2. By Form 14.4.3. By Application 14.4.4. By End Use Industry 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Form 14.5.3. By Application 14.5.4. By End Use Industry 15. South Asia & Oceania Market Analysis and Forecast 15.1. Introduction / Key Findings 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 15.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 15.4.1. By Country 15.4.1.1. India 15.4.1.2. Thailand 15.4.1.3. Indonesia 15.4.1.4. Malaysia 15.4.1.5. Australia & New Zealand 15.4.1.6. Rest of South Asia & Oceania 15.4.2. By Form 15.4.3. By Application 15.4.4. By End Use Industry 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Form 15.5.3. By Application 15.5.4. By End Use Industry 16. Middle East & Africa Market Analysis and Forecast 16.1. Introduction / Key Findings 16.2. Pricing Analysis 16.3. Historical Market Size (US$ million) and Volume (KT) Trend Analysis By Market Taxonomy, 2018–2022 16.4. Market Size (US$ million) and Volume (KT) Forecast By Market Taxonomy, 2023–2033 16.4.1. By Country 16.4.1.1. GCC Countries 16.4.1.2. South Africa 16.4.1.3. Northern Africa 16.4.1.4. Turkiye 16.4.1.5. Rest of Middle East & Africa 16.4.2. By Form 16.4.3. By Application 16.4.4. By End Use Industry 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Form 16.5.3. By Application 16.5.4. By End Use Industry 17. Country–level Market Analysis and Forecast 17.1. Introduction / Key Findings 17.1.1. Market Value Proportion Analysis, By Key Countries 17.1.2. Global Vs. Country Growth Comparison 17.2. US Market Analysis 17.2.1. Value Proportion Analysis by Market Taxonomy 17.2.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.2.2.1. By Form 17.2.2.2. By Application 17.2.2.3. By End Use Industry 17.3. Canada Market Analysis 17.3.1. Value Proportion Analysis by Market Taxonomy 17.3.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.3.2.1. By Form 17.3.2.2. By Application 17.3.2.3. By End Use Industry 17.4. Brazil Market Analysis 17.4.1. Value Proportion Analysis by Market Taxonomy 17.4.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.4.2.1. By Form 17.4.2.2. By Application 17.4.2.3. By End Use Industry 17.5. Mexico Market Analysis 17.5.1. Value Proportion Analysis by Market Taxonomy 17.5.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.5.2.1. By Form 17.5.2.2. By Application 17.5.2.3. By End Use Industry 17.6. Argentina Market Analysis 17.6.1. Value Proportion Analysis by Market Taxonomy 17.6.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.6.2.1. By Form 17.6.2.2. By Application 17.6.2.3. By End Use Industry 17.7. Germany Market Analysis 17.7.1. Value Proportion Analysis by Market Taxonomy 17.7.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.7.2.1. By Form 17.7.2.2. By Application 17.7.2.3. By End Use Industry 17.8. France Market Analysis 17.8.1. Value Proportion Analysis by Market Taxonomy 17.8.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.8.2.1. By Form 17.8.2.2. By Application 17.8.2.3. By End Use Industry 17.9. Italy Market Analysis 17.9.1. Value Proportion Analysis by Market Taxonomy 17.9.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.9.2.1. By Form 17.9.2.2. By Application 17.9.2.3. By End Use Industry 17.10. Spain Market Analysis 17.10.1. Value Proportion Analysis by Market Taxonomy 17.10.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.10.2.1. By Form 17.10.2.2. By Application 17.10.2.3. By End Use Industry 17.11. BENELUX Market Analysis 17.11.1. Value Proportion Analysis by Market Taxonomy 17.11.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.11.2.1. By Form 17.11.2.2. By Application 17.11.2.3. By End Use Industry 17.12. Russia Market Analysis 17.12.1. Value Proportion Analysis by Market Taxonomy 17.12.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.12.2.1. By Form 17.12.2.2. By Application 17.12.2.3. By End Use Industry 17.13. U.K. Market Analysis 17.13.1. Value Proportion Analysis by Market Taxonomy 17.13.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.13.2.1. By Form 17.13.2.2. By Application 17.13.2.3. By End Use Industry 17.14. China Market Analysis 17.14.1. Value Proportion Analysis by Market Taxonomy 17.14.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.14.2.1. By Form 17.14.2.2. By Application 17.14.2.3. By End Use Industry 17.15. Japan Market Analysis 17.15.1. Value Proportion Analysis by Market Taxonomy 17.15.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.15.2.1. By Form 17.15.2.2. By Application 17.15.2.3. By End Use Industry 17.16. South Korea Market Analysis 17.16.1. Value Proportion Analysis by Market Taxonomy 17.16.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.16.2.1. By Form 17.16.2.2. By Application 17.16.2.3. By End Use Industry 17.17. India Market Analysis 17.17.1. Value Proportion Analysis by Market Taxonomy 17.17.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.17.2.1. By Form 17.17.2.2. By Application 17.17.2.3. By End Use Industry 17.18. ASEAN Countries Market Analysis 17.18.1. Value Proportion Analysis by Market Taxonomy 17.18.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.18.2.1. By Form 17.18.2.2. By Application 17.18.2.3. By End Use Industry 17.19. Australia Market Analysis 17.19.1. Value Proportion Analysis by Market Taxonomy 17.19.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.19.2.1. By Form 17.19.2.2. By Application 17.19.2.3. By End Use Industry 17.20. GCC Countries Market Analysis 17.20.1. Value Proportion Analysis by Market Taxonomy 17.20.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.20.2.1. By Form 17.20.2.2. By Application 17.20.2.3. By End Use Industry 17.21. Turkiye Market Analysis 17.21.1. Value Proportion Analysis by Market Taxonomy 17.21.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.21.2.1. By Form 17.21.2.2. By Application 17.21.2.3. By End Use Industry 17.22. South Africa Market Analysis 17.22.1. Value Proportion Analysis by Market Taxonomy 17.22.2. Volume (KT) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018–2033 17.22.2.1. By Form 17.22.2.2. By Application 17.22.2.3. By End Use Industry 18. Market Structure Analysis 18.1. Market Analysis by Tier of Companies 18.2. Market Concentration of Players 18.3. Market Share Analysis of Top Players 18.4. Market Presence Analysis 19. Competition Analysis 19.1. Competition Dashboard 19.2. Competition Benchmarking of Products 19.3. Competition Deep Dive: 19.3.1. Achema 19.3.1.1. Overview 19.3.1.2. Product Portfolio 19.3.1.3. Key Financials 19.3.1.4. Sales Footprint 19.3.1.5. SWOT Analysis 19.3.1.6. Key Developments 19.3.1.7. Strategy Overview 19.3.2. Acron Group 19.3.2.1. Overview 19.3.2.2. Product Portfolio 19.3.2.3. Key Financials 19.3.2.4. Sales Footprint 19.3.2.5. SWOT Analysis 19.3.2.6. Key Developments 19.3.2.7. Strategy Overview 19.3.3. Advachem 19.3.3.1. Overview 19.3.3.2. Product Portfolio 19.3.3.3. Key Financials 19.3.3.4. Sales Footprint 19.3.3.5. SWOT Analysis 19.3.3.6. Key Developments 19.3.3.7. Strategy Overview 19.3.4. Ashland Inc. 19.3.4.1. Overview 19.3.4.2. Product Portfolio 19.3.4.3. Key Financials 19.3.4.4. Sales Footprint 19.3.4.5. SWOT Analysis 19.3.4.6. Key Developments 19.3.4.7. Strategy Overview 19.3.5. Asta Chemicals Sdn. Bhd. 19.3.5.1. Overview 19.3.5.2. Product Portfolio 19.3.5.3. Key Financials 19.3.5.4. Sales Footprint 19.3.5.5. SWOT Analysis 19.3.5.6. Key Developments 19.3.5.7. Strategy Overview 19.3.6. BASF SE 19.3.6.1. Overview 19.3.6.2. Product Portfolio 19.3.6.3. Key Financials 19.3.6.4. Sales Footprint 19.3.6.5. SWOT Analysis 19.3.6.6. Key Developments 19.3.6.7. Strategy Overview 19.3.7. Borden Chemical 19.3.7.1. Overview 19.3.7.2. Product Portfolio 19.3.7.3. Key Financials 19.3.7.4. Sales Footprint 19.3.7.5. SWOT Analysis 19.3.7.6. Key Developments 19.3.7.7. Strategy Overview 19.3.8. Chimica Pomponesco S.P.A. 19.3.8.1. Overview 19.3.8.2. Product Portfolio 19.3.8.3. Key Financials 19.3.8.4. Sales Footprint 19.3.8.5. SWOT Analysis 19.3.8.6. Key Developments 19.3.8.7. Strategy Overview 19.3.9. Georgia-Pacific 19.3.9.1. Overview 19.3.9.2. Product Portfolio 19.3.9.3. Key Financials 19.3.9.4. Sales Footprint 19.3.9.5. SWOT Analysis 19.3.9.6. Key Developments 19.3.9.7. Strategy Overview 19.3.10. Hexion Inc. 19.3.10.1. Overview 19.3.10.2. Product Portfolio 19.3.10.3. Key Financials 19.3.10.4. Sales Footprint 19.3.10.5. SWOT Analysis 19.3.10.6. Key Developments 19.3.10.7. Strategy Overview 19.3.11. Ineos Group 19.3.11.1. Overview 19.3.11.2. Product Portfolio 19.3.11.3. Key Financials 19.3.11.4. Sales Footprint 19.3.11.5. SWOT Analysis 19.3.11.6. Key Developments 19.3.11.7. Strategy Overview 19.3.12. MKS Marmara 19.3.12.1. Overview 19.3.12.2. Product Portfolio 19.3.12.3. Key Financials 19.3.12.4. Sales Footprint 19.3.12.5. SWOT Analysis 19.3.12.6. Key Developments 19.3.12.7. Strategy Overview 19.3.13. OJSV “Perechin timber and chemical plant” 19.3.13.1. Overview 19.3.13.2. Product Portfolio 19.3.13.3. Key Financials 19.3.13.4. Sales Footprint 19.3.13.5. SWOT Analysis 19.3.13.6. Key Developments 19.3.13.7. Strategy Overview 19.3.14. Other Prominent Players 19.3.14.1. Overview 19.3.14.2. Product Portfolio 19.3.14.3. Key Financials 19.3.14.4. Sales Footprint 19.3.14.5. SWOT Analysis 19.3.14.6. Key Developments 19.3.14.7. Strategy Overview 20. Assumptions & Acronyms Used 21. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million), by Region, 2018–2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023–2033
Table 3: Global Market Volume (KT), by Region, 2018–2022
Table 4: Global Market Volume (KT) and Forecast by Region, 2023–2033
Table 5: Global Market Value (US$ million), By Form, 2018–2022
Table 6: Global Market Value (US$ million) and Forecast By Form, 2023–2033
Table 7: Global Market Volume (KT), By Form, 2018–2022
Table 8: Global Market Volume (KT) and Forecast By Form, 2023–2033
Table 9: Global Market Value (US$ million), By Application, 2018–2022
Table 10: Global Market Value (US$ million) and Forecast By Application, 2023–2033
Table 11: Global Market Volume (KT), By Application, 2018–2022
Table 12: Global Market Volume (KT) and Forecast By Application, 2023–2033
Table 13: Global Market Value (US$ million), By End Use Industry, 2018–2022
Table 14: Global Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 15: Global Market Volume (KT), By End Use Industry, 2018–2022
Table 16: Global Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 17: North America Market Value (US$ million), by Country, 2018–2022
Table 18: North America Market Value (US$ million) and Forecast by Country, 2023–2033
Table 19: North America Market Volume (KT), by Country, 2018–2022
Table 20: North America Market Volume (KT) and Forecast by Country, 2023–2033
Table 21: North America Market Value (US$ million), By Form, 2018–2022
Table 22: North America Market Value (US$ million) and Forecast By Form, 2023–2033
Table 23: North America Market Volume (KT), By Form, 2018–2022
Table 24: North America Market Volume (KT) and Forecast By Form, 2023–2033
Table 25: North America Market Value (US$ million), By Application, 2018–2022
Table 26: North America Market Value (US$ million) and Forecast By Application, 2023–2033
Table 27: North America Market Volume (KT), By Application, 2018–2022
Table 28: North America Market Volume (KT) and Forecast By Application, 2023–2033
Table 29: North America Market Value (US$ million), By End Use Industry, 2018–2022
Table 30: North America Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 31: North America Market Volume (KT), By End Use Industry, 2018–2022
Table 32: North America Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 33: Latin America Market Value (US$ million), by Country, 2018–2022
Table 34: Latin America Market Value (US$ million) and Forecast by Country, 2023–2033
Table 35: Latin America Market Volume (KT), by Country, 2018–2022
Table 36: Latin America Market Volume (KT) and Forecast by Country, 2023–2033
Table 37: Latin America Market Value (US$ million), By Form, 2018–2022
Table 38: Latin America Market Value (US$ million) and Forecast By Form, 2023–2033
Table 39: Latin America Market Volume (KT), By Form, 2018–2022
Table 40: Latin America Market Volume (KT) and Forecast By Form, 2023–2033
Table 41: Latin America Market Value (US$ million), By Application, 2018–2022
Table 42: Latin America Market Value (US$ million) and Forecast By Application, 2023–2033
Table 43: Latin America Market Volume (KT), By Application, 2018–2022
Table 44: Latin America Market Volume (KT) and Forecast By Application, 2023–2033
Table 45: Latin America Market Value (US$ million), By End Use Industry, 2018–2022
Table 46: Latin America Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 47: Latin America Market Volume (KT), By End Use Industry, 2018–2022
Table 48: Latin America Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 49: Europe Market Value (US$ million), by Country, 2018–2022
Table 50: Europe Market Value (US$ million) and Forecast by Country, 2023–2033
Table 51: Europe Market Volume (KT), by Country, 2018–2022
Table 52: Europe Market Volume (KT) and Forecast by Country, 2023–2033
Table 53: Europe Market Value (US$ million), By Form, 2018–2022
Table 54: Europe Market Value (US$ million) and Forecast By Form, 2023–2033
Table 55: Europe Market Volume (KT), By Form, 2018–2022
Table 56: Europe Market Volume (KT) and Forecast By Form, 2023–2033
Table 57: Europe Market Value (US$ million), By Application, 2018–2022
Table 58: Europe Market Value (US$ million) and Forecast By Application, 2023–2033
Table 59: Europe Market Volume (KT), By Application, 2018–2022
Table 60: Europe Market Volume (KT) and Forecast By Application, 2023–2033
Table 61: Europe Market Value (US$ million), By End Use Industry, 2018–2022
Table 62: Europe Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 63: Europe Market Volume (KT), By End Use Industry, 2018–2022
Table 64: Europe Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 65: East Asia Market Value (US$ million), by Country, 2018–2022
Table 66: East Asia Market Value (US$ million) and Forecast by Country, 2023–2033
Table 67: East Asia Market Volume (KT), by Country, 2018–2022
Table 68: East Asia Market Volume (KT) and Forecast by Country, 2023–2033
Table 69: East Asia Market Value (US$ million), By Form, 2018–2022
Table 70: East Asia Market Value (US$ million) and Forecast By Form, 2023–2033
Table 71: East Asia Market Volume (KT), By Form, 2018–2022
Table 72: East Asia Market Volume (KT) and Forecast By Form, 2023–2033
Table 73: East Asia Market Value (US$ million), By Application, 2018–2022
Table 74: East Asia Market Value (US$ million) and Forecast By Application, 2023–2033
Table 75: East Asia Market Volume (KT), By Application, 2018–2022
Table 76: East Asia Market Volume (KT) and Forecast By Application, 2023–2033
Table 77: East Asia Market Value (US$ million), By End Use Industry, 2018–2022
Table 78: East Asia Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 79: East Asia Market Volume (KT), By End Use Industry, 2018–2022
Table 80: East Asia Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 81: South Asia & Oceania Market Value (US$ million), by Country, 2018–2022
Table 82: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023–2033
Table 83: South Asia & Oceania Market Volume (KT), by Country, 2018–2022
Table 84: South Asia & Oceania Market Volume (KT) and Forecast by Country, 2023–2033
Table 85: South Asia & Oceania Market Value (US$ million), By Form, 2018–2022
Table 86: South Asia & Oceania Market Value (US$ million) and Forecast By Form, 2023–2033
Table 87: South Asia & Oceania Market Volume (KT), By Form, 2018–2022
Table 88: South Asia & Oceania Market Volume (KT) and Forecast By Form, 2023–2033
Table 89: South Asia & Oceania Market Value (US$ million), By Application, 2018–2022
Table 90: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023–2033
Table 91: South Asia & Oceania Market Volume (KT), By Application, 2018–2022
Table 92: South Asia & Oceania Market Volume (KT) and Forecast By Application, 2023–2033
Table 93: South Asia & Oceania Market Value (US$ million), By End Use Industry, 2018–2022
Table 94: South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 95: South Asia & Oceania Market Volume (KT), By End Use Industry, 2018–2022
Table 96: South Asia & Oceania Market Volume (KT) and Forecast By End Use Industry, 2023–2033
Table 97: MEA Market Value (US$ million), by Country, 2018–2022
Table 98: MEA Market Value (US$ million) and Forecast by Country, 2023–2033
Table 99: MEA Market Volume (KT), by Country, 2018–2022
Table 100: MEA Market Volume (KT) and Forecast by Country, 2023–2033
Table 101: MEA Market Value (US$ million), By Form, 2018–2022
Table 102: MEA Market Value (US$ million) and Forecast By Form, 2023–2033
Table 103: MEA Market Volume (KT), By Form, 2018–2022
Table 104: MEA Market Volume (KT) and Forecast By Form, 2023–2033
Table 105: MEA Market Value (US$ million), By Application, 2018–2022
Table 106: MEA Market Value (US$ million) and Forecast By Application, 2023–2033
Table 107: MEA Market Volume (KT), By Application, 2018–2022
Table 108: MEA Market Volume (KT) and Forecast By Application, 2023–2033
Table 109: MEA Market Value (US$ million), By End Use Industry, 2018–2022
Table 110: MEA Market Value (US$ million) and Forecast By End Use Industry, 2023–2033
Table 111: MEA Market Volume (KT), By End Use Industry, 2018–2022
Table 112: MEA Market Volume (KT) and Forecast By End Use Industry, 2023–2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 3: Global Market Value (US$ million) and Volume (KT) by Region, 2023 & 2033
Figure 4: Global Market Y–o–Y Growth Rate by Region, 2023–2033
Figure 5: Global Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 6: Global Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 7: Global Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 8: Global Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 9: Global Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 10: Global Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 11: North America Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 12: North America Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 13: North America Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 14: North America Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 15: North America Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 16: North America Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 17: North America Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 18: North America Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 19: North America Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 20: North America Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 21: North America Market Attractiveness Analysis by Country, 2023–2033
Figure 22: North America Market Attractiveness Analysis By Form, 2023–2033
Figure 23: North America Market Attractiveness Analysis By Application, 2023–2033
Figure 24: North America Market Attractiveness Analysis By End Use Industry, 2023–2033
Figure 25: Latin America Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 26: Latin America Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 27: Latin America Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 28: Latin America Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 29: Latin America Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 30: Latin America Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 31: Latin America Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 32: Latin America Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 33: Latin America Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 34: Latin America Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 35: Latin America Market Attractiveness Analysis by Country, 2023–2033
Figure 36: Latin America Market Attractiveness Analysis By Form, 2023–2033
Figure 37: Latin America Market Attractiveness Analysis By Application, 2023–2033
Figure 38: Latin America Market Attractiveness Analysis By End Use Industry, 2023–2033
Figure 39: Europe Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 40: Europe Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 41: Europe Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 42: Europe Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 43: Europe Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 44: Europe Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 45: Europe Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 46: Europe Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 47: Europe Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 48: Europe Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 49: Europe Market Attractiveness Analysis by Country, 2023–2033
Figure 50: Europe Market Attractiveness Analysis By Form, 2023–2033
Figure 51: Europe Market Attractiveness Analysis By Application, 2023–2033
Figure 52: Europe Market Attractiveness Analysis By End Use Industry, 2023–2033
Figure 53: East Asia Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 54: East Asia Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 55: East Asia Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 56: East Asia Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 57: East Asia Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 58: East Asia Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 59: East Asia Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 60: East Asia Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 61: East Asia Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 62: East Asia Market Attractiveness Analysis by Country, 2023–2033
Figure 63: East Asia Market Attractiveness Analysis By Form, 2023–2033
Figure 64: East Asia Market Attractiveness Analysis By Application, 2023–2033
Figure 65: East Asia Market Attractiveness Analysis By End Use Industry, 2023–2033
Figure 66: South Asia & Oceania Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 67: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 68: South Asia & Oceania Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 69: South Asia & Oceania Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 70: South Asia & Oceania Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 71: South Asia & Oceania Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 72: South Asia & Oceania Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 73: South Asia & Oceania Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 74: South Asia & Oceania Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 75: South Asia & Oceania Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 76: South Asia & Oceania Market Attractiveness Analysis by Country, 2023–2033
Figure 77: South Asia & Oceania Market Attractiveness Analysis By Form, 2023–2033
Figure 78: South Asia & Oceania Market Attractiveness Analysis By Application, 2023–2033
Figure 79: South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 2023–2033
Figure 80: MEA Market Value (US$ million) and Volume (KT) Forecast, 2023–2033
Figure 81: MEA Market Absolute $ Opportunity (US$ million), 2023–2033
Figure 82: MEA Market Value (US$ million) and Volume (KT) by Country, 2023 & 2033
Figure 83: MEA Market Y–o–Y Growth Rate by Country, 2023–2033
Figure 84: MEA Market Value (US$ million) and Volume (KT) By Form, 2023 & 2033
Figure 85: MEA Market Y–o–Y Growth Rate By Form, 2023–2033
Figure 86: MEA Market Value (US$ million) and Volume (KT) By Application, 2023 & 2033
Figure 87: MEA Market Y–o–Y Growth Rate By Application, 2023–2033
Figure 88: MEA Market Value (US$ million) and Volume (KT) By End Use Industry, 2023 & 2033
Figure 89: MEA Market Y–o–Y Growth Rate By End Use Industry, 2023–2033
Figure 90: MEA Market Attractiveness Analysis by Country, 2023–2033
Figure 91: MEA Market Attractiveness Analysis By Form, 2023–2033
Figure 92: MEA Market Attractiveness Analysis By Application, 2023–2033
Figure 93: MEA Market Attractiveness Analysis By End Use Industry, 2023–2033
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- FAQs -
What is the Global Urea Formaldehyde Market Size in 2023?
The global urea formaldehyde market is estimated to be valued at US$ 6.9 billion in 2023.
What is the Expected Market Value of Urea formaldehyde by the End of the Forecast Period?
The global urea formaldehyde market is expected to reach US$ 10.7 billion by 2033-end.
Which Region Holds the Largest Market Share in Urea Formaldehyde Market?
East Asia is expected to account for approximately 29.3% market share in 2023.
What was the Market Share Held by Furniture Industry in 2022?
The furniture end-use industry accounted for a 20.3% share of global sales.
What are the Regions considered in the Urea Formaldehyde Market?
North America, Latin America, Europe, the Middle East & Africa, East Asia, South Asia and Oceania are considered in the urea formaldehyde market.
Urea Formaldehyde Market