NEW YORK, April 19, 2018 /PRNewswire/ -- About Formaldehyde
Formaldehyde is an organic compound with the molecular formula HCHO. It is highly reactive and gets polymerized easily; hence, it is commercially available in the form of an aqueous solution called formalin, which contains 37-55 wt% formaldehyde along with 7-25 wt% methanol.
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Technavio's analysts forecast the global formaldehyde market to grow at a CAGR of 5.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global formaldehyde market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Formaldehyde Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• BASF
• Chemanol
• Dynea
• Ercros
• Georgia-Pacific
• Hexion
Market driver
• Growth in construction industry
• For a full, detailed list, view our report
Market challenge
• Fluctuating price of methanol
• For a full, detailed list, view our report
Market trend
• New production plants and capacity expansion of formaldehyde
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p02608414
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