Market Research Reports

The global paraformaldehyde market has been predicted by Transparency Market Research (TMR) to witness a distinctive enhancement in its competitive scenario on account of the existence of a hefty count of players. With a view to achieve one of the topmost positions in the worldwide paraformaldehyde market, quite a few new entrants could look to enlarge their product horizon. Most new entrants in the worldwide paraformaldehyde market have been anticipated to be attracted to the ballooning demand in the industry.  The increasing level of competition in the worldwide paraformaldehyde market could create a significant awareness among consumers related to the application of the product across a wide range of industries. The advent of new products in the worldwide paraformaldehyde market has also been expected to be a result of the intensifying competition among players. A surging count of mergers and acquisitions could be witnessed in the worldwide paraformaldehyde market, cons...

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 t...