The Global Formalin market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform. The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels. For a thorough understanding, the report also offers market segmentation and regional analysis for the forecast period within Till 2024.
Formalin is an aqueous solution having a formaldehyde content of 35% to 40% (37% by weight; 40% by volume), and 10% to 15% methanol is also added to prevent polymerization. With anti-corrosion, disinfection and bleaching functions, each field has its own function, but formalin will emit a pungent smell. Formaldehyde is listed by the International Agency for Research on Cancer (IARC) as a clear human carcinogen and affects human health.
According to this study, over the next five years the Formalin market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Formalin business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Formalin market by product type, application, key manufacturers and key regions and countries.
This study considers the Formalin value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- 1-20%
- 20 %-40 %
- 40 % - 60 %
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Fertilizers
- Drugs
- Dye
- Antiseptic perfume
- Automotive exteriors and Interiors
- Rubber Chemicals
- Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Balaji Formalin
- Georgia-Pacific Chemicals
- Sumitomo Chemicals
- Editas Medicine
- Fish Vet Forward
- Thermo Scientific
- Mirus Bio LLC
- Merck KGaA
- MarketLab, Inc.,
- Shiny Chemical Industrial Co.,
- Kronochem Sebes SR
- Metafrax
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Formalin consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Formalin market by identifying its various subsegments.
- Focuses on the key global Formalin manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Formalin with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Formalin submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.