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Urea-Formaldehyde - Global Strategic Business Report

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    Report

  • 193 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030478
The global market for Urea-Formaldehyde was estimated at US$11.7 Billion in 2023 and is projected to reach US$15.8 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Particle board Application segment, which is expected to reach US$5.6 Billion by 2030 with a CAGR of a 4.3%. The Plywood Application segment is also set to grow at 4.6% CAGR for the next 7-year period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $3.2 Billion in 2023, and China, forecasted to grow at an impressive 6.9% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Urea-Formaldehyde Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Urea-Formaldehyde Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Urea-Formaldehyde Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ARCL Organics Ltd., BASF SE, Borealis AG, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

  • ARCL Organics Ltd.
  • BASF SE
  • Borealis AG
  • ChemiplastiCA SpA
  • ChimiCA Pomponesco S.P.A.
  • Georgia-Pacific Chemicals LLC
  • Hexion Inc.
  • Hexza Corporation Berhad
  • INEOS Group
  • MRI Company

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Urea-Formaldehyde - Global Key Competitors Percentage Market Share in 2024 (E)
  • Global Economic Update
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Urea-Formaldehyde in Wood Adhesives and Composites
  • Impact of Environmental Regulations on Urea-Formaldehyde Use
  • Technological Innovations in Low-Formaldehyde Emission Products
  • Rising Adoption in the Construction Industry for Particleboard and MDF
  • Challenges in Recycling and Disposal of Urea-Formaldehyde Products
  • Market Growth Driven by Increasing Use in Agriculture for Slow-Release Fertilizers
  • Expansion of Urea-Formaldehyde Applications in Insulation Materials
  • Impact of Green Building Standards on Urea-Formaldehyde Market
  • Advancements in Resin Technology for Enhanced Performance
  • Rising Concerns Over Health and Safety Impacting Market Demand
  • Opportunities in Developing Bio-Based Alternatives to Urea-Formaldehyde
  • Impact of Raw Material Price Volatility on Market Dynamics
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Urea-Formaldehyde by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Urea-Formaldehyde by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Urea-Formaldehyde by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Particle board by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Particle board by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Particle board by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Plywood by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Plywood by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Plywood by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Molding Compounds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Molding Compounds by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Molding Compounds by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Adhesives & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Adhesives & Coatings by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Adhesives & Coatings by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Decorative Laminates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Decorative Laminates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Decorative Laminates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Urea-Formaldehyde Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • TABLE 20: USA Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 21: USA Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: USA 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
CANADA
  • TABLE 23: Canada Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 24: Canada Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: Canada 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
JAPAN
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • TABLE 26: Japan Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 27: Japan Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: Japan 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
CHINA
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • TABLE 29: China Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 30: China Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: China 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
EUROPE
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • TABLE 32: Europe Recent Past, Current & Future Analysis for Urea-Formaldehyde by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 33: Europe Historic Review for Urea-Formaldehyde by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 34: Europe 16-Year Perspective for Urea-Formaldehyde by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030
  • TABLE 35: Europe Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 36: Europe Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 37: Europe 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
FRANCE
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • TABLE 38: France Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 39: France Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 40: France 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
GERMANY
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • TABLE 41: Germany Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 42: Germany Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 43: Germany 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
ITALY
  • TABLE 44: Italy Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 45: Italy Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 46: Italy 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
UNITED KINGDOM
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • TABLE 47: UK Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 48: UK Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 49: UK 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
SPAIN
  • TABLE 50: Spain Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 51: Spain Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 52: Spain 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
RUSSIA
  • TABLE 53: Russia Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 54: Russia Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 55: Russia 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
REST OF EUROPE
  • TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 57: Rest of Europe Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 58: Rest of Europe 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
ASIA-PACIFIC
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • TABLE 59: Asia-Pacific Recent Past, Current & Future Analysis for Urea-Formaldehyde by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 60: Asia-Pacific Historic Review for Urea-Formaldehyde by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 61: Asia-Pacific 16-Year Perspective for Urea-Formaldehyde by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030
  • TABLE 62: Asia-Pacific Recent Past, Current & Future Analysis for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • TABLE 63: Asia-Pacific Historic Review for Urea-Formaldehyde by Application - Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 64: Asia-Pacific 16-Year Perspective for Urea-Formaldehyde by Application - Percentage Breakdown of Value Sales for Particle board, Plywood, Molding Compounds, Adhesives & Coatings and Decorative Laminates for the Years 2014, 2024 & 2030
AUSTRALIA
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Urea-Formaldehyde Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ARCL Organics Ltd.
  • BASF SE
  • Borealis AG
  • ChemiplastiCA SpA
  • ChimiCA Pomponesco S.P.A.
  • Georgia-Pacific Chemicals LLC
  • Hexion Inc.
  • Hexza Corporation Berhad
  • INEOS Group
  • MRI Company

Table Information