News

Nov 29, 2023

Urea Formaldehyde Market Analysis: Regional Insights and Competitive Landscape

The global urea formaldehyde market stands at US$ 6.57 Bn as of now and is

The global urea formaldehyde market stands at US$ 6.57 Bn as of now and is expected to reach US$ 10.13 Bn by the year 2032 at a CAGR of 4.4% between 2022 and 2032.

Urea formaldehyde resins are used for adhesion of several products like plywood, firewood, particle board, and likewise, especially to suffice the automotive and construction verticals. The properties of urea formaldehyde include low absorption of water, higher tensile strength, higher heat distortion temperature, higher surface hardness, and likewise.

Particle board comes across as one of the eco-friendly materials. It is made from sawdust, wood chips, and wood shavings – all mixed with a resin to have boards. This urea formaldehyde resin could be found in several grades based on size of particles used in material. Smaller the particles, stronger the particle board. Urea formaldehyde resins also prove to be cost-effective as compared to the other formaldehyde-based resins like phenol-formaldehyde resin. In construction vertical, particle boards find their presence in the form of web plates for beams, as base material to cover strips, parquet floors, and in fittings and fixtures.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-576

At the same time, there are certain limitations on the part of urea formaldehyde; like – the chances of higher emission of formaldehyde at the time of production can't be ignored. Also, there could be swelling on coming in contact with water. This actually renders it misfit for outdoor applications. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘Urea Formaldehyde Market’.

Key Takeaways from Urea Formaldehyde Market

Competitive Gist

"Urea formaldehyde is in great demand from verticals like textiles, foundry sand, paper, agriculture, electrical appliances, and wood glue. This factor is bound to accelerate the urea formaldehyde market in the near future", says an analyst from Future Market Insights.

Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-576

What's more with Urea Formaldehyde Market?

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware – 19713, USAT: +1-845-579-5705LinkedIn| Twitter| Blogs | YouTubeFor Sales Enquiries: [email protected]