DUBLIN, September 28, 2017 /PRNewswire/ --
The "Global Paraformaldehyde Market 2017-2021" report has been added to Research and Markets' offering.
The global paraformaldehyde market to grow at a CAGR of 5.96% during the period 2017-2021.
Global Paraformaldehyde Market 2017-2021, 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.
The latest trend gaining momentum in the market is Growing demand for resins by the shipping industry. The shipping industry was stagnant in the past but has been registering growth in the past few years. There is an increasing demand for power boats, sail boats, cruise ships, and speed boats, which has led to an increase in marine traffic.
According to the report, one of the major drivers for this market is Increasing demand for agrochemicals. Agrochemicals and resins drive the global paraformaldehyde market. These application segments contribute to 83% of the market's share. Agrochemicals protect food crops from harmful organisms. However, an excessive use of agrochemicals can cause adverse health effects such as diabetes, cancer, autism, and asthma. R&D activities aim at reducing the harmful effects of these chemicals on soil, crops, and human health.
Further, the report states that one of the major factors hindering the growth of this market is Harmful effects of formaldehyde and paraformaldehyde. Prolonged exposure to formaldehyde and paraformaldehyde causes adverse health effects. The short-term health effects include watery eyes, burning sensations in eyes, nose, and throat; coughing; nausea; and skin irritation. Inhaling can cause skin and lung irritation and asthma. Formaldehyde and paraformaldehyde can also have an adverse effect on kidneys.
- PT. Dover Chemical
Other prominent vendors
- Alfa Aesar
- Chang Chun Group
- Ekta International
- GFS Chemicals
- Kothari Phytochemicals & Industries
- LCY Group
- NANGTON JIANGTIAN CHEMICALS
- Shouguang Xudong Chemical
- Simalin Chemicals Industries
- Synthite Limited
- OSWAL UDHYOG
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Application
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/lbp4rq/global
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