Urea Formaldehyde Market Is Expected To Reach $14.2 Billion By 2026- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that urea formaldehyde provides attractive opportunities in furniture, building and construction, transportation, and electrical & electronics industries. The urea formaldehyde market is expected to reach $14.2 billion by 2026 with a CAGR of 4.8%. In this market, medium density fiber board is the largest segment by application, whereas furniture is largest by end use industry. The introducing scavenger technology to reduce the VOC content while using UF adhesive in different application provides strategic growth path in this market.
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Based on application, the urea formaldehyde market is segmented into medium density fiber board, plywood, particle board, adhesive, molding compound, and others. The medium density fiber board segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to growing demand for MDF in doors, window boards, shelving, furniture panels, wall linings, baseboards, moldings, ...
... and decorative facades and it is also expected to witness the highest growth over the forecasted period.
Browse in-depth TOC on “Urea Formaldehyde Market”
100 – Tables
81 – Figures
166 – Pages
The Urea Formaldehyde Market is marked by the presence of several big and small players. Some of the prominent players offering urea formaldehyde include BASF, Georgia Pacific, Rayonier, Hexion, Ashland, and Foresa
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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 click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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