Formaldehyde Market

Formaldehyde Market: Introduction The global formaldehyde market was valued at ~US$ 8.6 Bn in 2018 and is anticipated to expand at a CAGR of ~3% from 2019 to 2027. Use of formaldehyde in the production of resins is growing; these formaldehyde based resins find applications in a wide range of activities. Key Drivers of Formaldehyde Market Formaldehyde-based resins, such as urea formaldehyde resins, are excellent adhesives that […]