ALL >> Business >> View Article
Lucintel Forecasts Urea Formaldehyde Market To Reach $15 Billion By 2030
![Profile Picture](https://www.123articleonline.com/images/avatar-default.jpg)
According to the recent study the urea formaldehyde market is projected to reach an estimated $15 billion by 2030 from $11 billion in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for low cost, highly reactive binders for medium density fiber board, plywood, and particle board in the furniture, building, and construction industries.
Browse 100 figures/charts and 81 tables in this 205-page report to understand trends, opportunities and forecast in urea formaldehyde market by applications (medium density fiber board, plywood, particle board, adhesive, molding compound, and others), by end use industry (furniture, building and construction, transportation, electrical and electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that furniture end use will remain the largest end use segment over the forecast period.
Plywood urea formaldehyde will remain the largest segment over the forecast period.
Download sample by clicking on urea formaldehyde market
Asia Pacific is expected to ...
... remain the largest region and witness the highest growth over the forecast period.
BASF Corporation, Bakelite Synthetics, Rayonier Advanced Materials, Hexion,Ashland Inc. are the major supplier in the urea formaldehyde market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
Explore Our Latest Publications
Beam Combining Optic Market
Cable & Cord Grip Market
Floor Testing Equipment Market
Gravity Fall Metal Detector Market
Heat Meter Market
High-Precision Light Detector Market
Industrial Process Variable Instrument Market
Laser Level Tripod Market
Load Bank Market
Specialty Nitrile Butadiene Rubber Market
Add Comment
Business Articles
1. Lawnmower Engines: Some Of The Basics In Understanding How They Work And How To Maintain Them In Chatham-kentAuthor: Denny Hawk
2. Keep Your Chainsaw Running Smoothly: Chatham-kent’s Leading Chainsaw Parts Repair Service
Author: Denny Hawk
3. Enhance Your Brand Visibility With Expert Signage Solutions In Auckland
Author: Tinting Experts
4. Driveworks Support - Design And Automation Services
Author: Design Automations
5. Professional Driveworks Training Course - Design Automation
Author: Design Automations
6. Driveworks Implementation Services - Design And Automation
Author: Design Automations
7. Why Kitchener Businesses Need Mobile Optimization For Seo Wins
Author: Vishal Sharma
8. Local Seo For London Businesses
Author: Mandreel
9. Navigating The Competitive Seo Landscape In London
Author: Mandreel
10. Miami Seo Company Solutions Designed To Grow Your Business
Author: Mandreel
11. The Power Of Miami Seo: How To Dominate Your Local Market
Author: Mandreel
12. Local Seo Strategies For Small Businesses In Toronto
Author: Mandreel
13. The Rise Of Tech Startups And The Role Of An Seo Agency In Toronto
Author: Mandreel
14. Emerging Trends In Ppc Advertising
Author: Mandreel
15. Ppc Management Strategies For Small Businesses In The Uk
Author: Mandreel