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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Formaldehyde Market anticipated to witness significant growth by.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Formaldehyde Market anticipated to witness significant growth by."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Formaldehyde Market anticipated to witness significant growth by 2025: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America led by Mexico, Canada and the U.S. formaldehyde market size may experience growth owing rising demand from office furniture industry. Growing construction of commercial building and office spaces may drive demand for wooden panels, thus propelling product demand.formaldehyde market  Europe led by France, UK, Germany formaldehyde market size is projected grow significantly in the projected timeframe. Shifting trend towards healthy life style is likely to drive demand for antiseptic and disinfectant which may foster industry growth.  Asia Pacific led by Japan, India and China market size is projected to grow significantly in the estimated timeline owing to end-use application in automobile industry. Growing automobile industry in China and India are likely to boost market size owing to its downstream application in automobile industry. Regional Analysis of Formaldehyde Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Formaldehyde based resins find application in textile industry owing to its property to improve fabric’s resistance to wrinkles and creases. The product is added to dyes and pigments pertaining to textile industry. This process helps in prevention of color fading owing to their binding property helping the fabric to retain the color. The global textiles dyes market likely to surpass USD 8.5 billion by 2025 and would drive product demand.  Solution of the product find application in preservation of human and animal specimens owing to its property to preserve tissues and cells by cross linking DNA or nitrogen in protein with primary amino groups. The product is extensively used as an embalming agent to preserve cadavers from decomposition. Global embalming agent market is projected to reach USD 14 billion by 2026 which may drive up formaldehyde market size. Application Analysis of Formaldehyde Market :

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Formaldehyde Market @ https://bit.ly/313sZquhttps://bit.ly/313sZqu Request for an in-depth table of contents for this report @ https://bit.ly/2yjEvBZ https://bit.ly/2yjEvBZ

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global formaldehyde market share is fragmented. Major players operating in this industry includes Huntsman Corporation, BASF SE, Dynea Oy, Momentive Specialty Chemical Inc., Bayer AG, Georgia Pacific Corporation, Perstorp Formox AB and Celanese Corporation. Competitive Market Share of Formaldehyde Market:

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