Global Formalin Market
Formalin is defined as a solution of formaldehyde in water which contains 40% formaldehyde by volume or 37% formaldehyde by mass. It is an explosive, toxic, flammable, and colorless liquid. Generally, formalin contains 10-12% methanol depending on the grade. The Small amount of methanol act as a stabilizer is added to suppress oxidation & polymerization.
Market Drivers
The increase in trend of antique furniture and wood based floors, walls is a key driving factor which expected to boost the global formalin market growth over the forecast period. Furthermore, the increase in consumption of plywood, particleboard, and the wood panel board will significantly drive the global formalin market growth during this forecast timeline. Also, the growing consumption of adhesives will positively influence the market growth. Moreover, the rise in demand for food is fuelling the growth of agriculture industry which is expected to propel the global formalin market growth. The growing interest of people towards maintenance of houses and building which is surging the consumption and application of paints and coating will support the market growth.
Market Restraints
Fluctuation in raw material prices is a major restraint which expected to hinder the global formalin market growth during this forecast timeline.
Market Segmentation
The Global Formalin Market is segmented into percentage of formaldehyde in Formalin such as 1-20%, 20-40%, and 40-60%. Further, market is segmented into application such as Drugs, Dye, Fertilizers, Antiseptic Perfume, Rubber Chemicals, Automotive exteriors & interiors, and others.
Also, the Global Formalin Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Thermo Scientific, Shiny Chemical Industrial Co., MarketLab, Inc.,Merck KGaA, Mirus Bio LLC, Fish Vet Forward, Editas Medicine, Sumitomo Chemicals, Georgia-Pacific Chemical, Balaji Formalin, etc.
Market Taxonomy
By Percentage of Formaldehyde in Formalin
By Application
By Region
Key Questions Addressed by the Report
Global Formalin Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Formalin Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Formalin Market, By Percentage of Formaldehyde in Formalin
5.1 Y-o-Y Growth Comparison, By Percentage of Formaldehyde in Formalin
5.2 Global Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
5.3 Global Formalin Market Size and Forecast, By Percentage of Formaldehyde in Formalin
5.3.1 1-20%
5.3.2 20-40%
5.3.3 40-60%
6 Global Formalin Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Formalin Market Share Analysis, By Application
6.3 Global Formalin Market Size and Forecast, By Application
6.3.1 Drugs
6.3.2 Dye
6.3.3 Fertilizers
6.3.4 Antiseptic Perfume
6.3.5 Rubber Chemicals
6.3.6 Automotive exteriors & interiors
6.3.7 Others
7Global Formalin Market, By Region
7.1 Global Formalin Market Share Analysis, By Region
7.2 Global Formalin Market Share Analysis, By Region
7.3 Global Formalin Market Size and Forecast, By Region
8North America Formalin Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
8.3 North America Formalin Market Size and Forecast, By Application
8.4 North America Formalin Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Formalin Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
9.3 Europe Formalin Market Size and Forecast, By Application
9.4 Europe Formalin Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Formalin Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
10.3 Asia Pacific Formalin Market Size and Forecast, By Application
10.4 Asia Pacific Formalin Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Formalin Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
11.3 Latin America Formalin Market Size and Forecast, By Application
11.4 Latin America Formalin Market Size and Forecast, By Country
12Middle East Formalin Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East Formalin Market Share Analysis, By Percentage of Formaldehyde in Formalin
12.3 Middle East Formalin Market Size and Forecast, By Application
12.4 Middle East Formalin Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Thermo Scientific
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Shiny Chemical Industrial Co
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 MarketLab, Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Merck KGaA
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Mirus Bio LLC
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Fish Vet Forward
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Editas Medicine
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Sumitomo Chemicals
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Georgia-Pacific Chemical
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Balaji Formalin
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
