Urea formaldehyde resin is a non-transparent, cross-linked thermoset resin or plastic, which is a chemical mixture of urea and formaldehyde. It is used extensively in different end-user industries as it provides high reactivity and performance at a relatively low cost.
This report aims to provide a comprehensive presentation of the global market for Urea Formaldehyde Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Urea Formaldehyde Resin. This report contains market size and forecasts of Urea Formaldehyde Resin in global, including the following market information:
- Global Urea Formaldehyde Resin Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Urea Formaldehyde Resin Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Urea Formaldehyde Resin companies in 2022 (%)
The global Urea Formaldehyde Resin market was valued at US$ 11830 million in 2022 and is projected to reach US$ 14330 million by 2029, at a CAGR of 2.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Urea Formaldehyde Resin market include Hexion, Metadynea, Advachem, etc., and the market concentration rate is low. China and Europe are main markets, they occupy over 70% of the global market. Urea Formaldehyde Resin Solution is the main type, with a share over 80%. Composite Panel Products is the main application, which holds a share about 90%.
We surveyed the Urea Formaldehyde Resin manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Urea Formaldehyde Resin Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Urea Formaldehyde Resin Market Segment Percentages, by Type, 2022 (%)
- Urea Formaldehyde Resin Power
- Urea Formaldehyde Resin Solution
Global Urea Formaldehyde Resin Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Urea Formaldehyde Resin Market Segment Percentages, by Application, 2022 (%)
- Composite Panel Products
- Electrical Plastic Product
- Industrial Abrasives
- Others
Global Urea Formaldehyde Resin Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Urea Formaldehyde Resin Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Urea Formaldehyde Resin revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Urea Formaldehyde Resin revenues share in global market, 2022 (%)
- Key companies Urea Formaldehyde Resin sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Urea Formaldehyde Resin sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Hexion
- Advachem
- Metadynea
- Allnex
- Dynea
- Kronospan
- Mitisuichem
- Hexza
- Basf
- Chemiplastica
- GP Chem
- Rayonier Advanced Materials
- Ercros
- Foresa
- Jilin Forest
- Sanmu
- Yuntianhua
- Huasen
- Gaoxing Muye
- Yuanye
- Senbang
- Bosson
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Urea Formaldehyde Resin, market overview.
- Chapter 2: Global Urea Formaldehyde Resin market size in revenue and volume.
- Chapter 3: Detailed analysis of Urea Formaldehyde Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Urea Formaldehyde Resin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Urea Formaldehyde Resin capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
