Europe Formalin Market Size, Share & Industry Trends Analysis Report By Application (Fertilizer, Automotive, Dyes, Drugs, Antiseptic Perfume, Rubber Chemicals and Others), By Percentage, By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Formalin Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 3,486.5 Kilo Tonnes, showcasing a growth of 3.8% (2019-2022).

Formalin is instrumental in the textile industry, where it is used to produce wrinkle-resistant fabrics. The cross-linking properties of formalin help create durable and low-maintenance textiles, catering to consumer preferences for long-lasting and easy-care clothing. Cross-linking involves the formation of chemical bonds between polymer chains, imparting enhanced strength and stability to the fabric. In the context of textiles, formalin-treated fabrics exhibit greater resistance to wear and tear, resulting in increased durability.

Furthermore, one of the primary advantages of using formalin in textile production is its contribution to wrinkle resistance. The cross-linking of fibers through formalin treatment minimizes the propensity of fabrics to crease and wrinkle, even after prolonged use. This is particularly significant in the fashion industry, where consumer preferences lean towards garments that maintain a smooth and polished appearance without needing frequent ironing or specialized care. Likewise, formalin-treated textiles align with the growing demand for low-maintenance clothing. Consumers today seek garments requiring minimal effort in care and upkeep. Wrinkle-resistant fabrics produced with formalin cater to this preference, offering clothing that remains presentable and neat with less reliance on ironing or meticulous handling. This characteristic resonates with busy lifestyles and contributes to the convenience of modern wardrobes.

As per the data from Eurostat, in 2022, the value of sold production in the European Union amounted to €6,179 billion, an increase of 19 % compared with €5,209 billion in 2021. Germany comprised the highest value of sold production, equivalent to 26 % of the EU total, followed by Italy (19 %), France (11 %), Spain (8 %), Poland (6 %) and the Netherlands (4 %). Therefore, the growing industrial sector in Europe will increase manufacturing processes in the region's countries. An increase in manufacturing will lead to a rise in demand for formalin as it is used in making adhesives, plastics, resins, etc. Hence, these factors will boost the demand in the regional market.

The Germany market dominated the Europe Formalin Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $682 million by 2030. The UK market is registering a CAGR of 4% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 5.7% during (2023 - 2030).

Based on Application, the market is segmented into Fertilizer, Automotive, Dyes, Drugs, Antiseptic Perfume, Rubber Chemicals and Others. Based on Percentage, the market is segmented into 1.0%-20.0%, 20.0%-40.0%, and 40.0% - 60.0%. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, 3M Company, Bayer AG, Celanese Corporation, DuPont de Nemours, Inc., Georgia-Pacific LLC (Koch Industries, Inc), Huntsman Corporation, Merck KGaA, Sumitomo Chemical Co., Ltd., and Thermo Fisher Scientific, Inc.

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Fertilizer
Automotive
Dyes
Drugs
Antiseptic Perfume
Rubber Chemicals
Others

By Percentage

1.0%-20.0%
20.0%-40.0%
40.0% - 60.0%

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Companies Profiled

BASF SE
3M Company
Bayer AG
Celanese Corporation
DuPont de Nemours, Inc.
Georgia-Pacific LLC (Koch Industries, Inc)
Huntsman Corporation
Merck KGaA
Sumitomo Chemical Co., Ltd.
Thermo Fisher Scientific, Inc.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Formalin Market, by Application
- 1.4.2 Europe Formalin Market, by Percentage
- 1.4.3 Europe Formalin Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. Europe Formalin Market by Application

4.1 Europe Fertilizer Market by Country
4.2 Europe Automotive Market by Country
4.3 Europe Dyes Market by Country
4.4 Europe Drugs Market by Country
4.5 Europe Antiseptic Perfume Market by Country
4.6 Europe Rubber Chemicals Market by Country
4.7 Europe Others Market by Country

Chapter 5. Europe Formalin Market by Percentage

5.1 Europe 1.0%-20.0% Market by Country
5.2 Europe 20.0%-40.0% Market by Country
5.3 Europe 40.0% - 60.0% Market by Country

Chapter 6. Europe Formalin Market by Country

6.1 Germany Formalin Market
- 6.1.1 Germany Formalin Market by Application
- 6.1.2 Germany Formalin Market by Percentage
6.2 UK Formalin Market
- 6.2.1 UK Formalin Market by Application
- 6.2.2 UK Formalin Market by Percentage
6.3 France Formalin Market
- 6.3.1 France Formalin Market by Application
- 6.3.2 France Formalin Market by Percentage
6.4 Russia Formalin Market
- 6.4.1 Russia Formalin Market by Application
- 6.4.2 Russia Formalin Market by Percentage
6.5 Spain Formalin Market
- 6.5.1 Spain Formalin Market by Application
- 6.5.2 Spain Formalin Market by Percentage
6.6 Italy Formalin Market
- 6.6.1 Italy Formalin Market by Application
- 6.6.2 Italy Formalin Market by Percentage
6.7 Rest of Europe Formalin Market
- 6.7.1 Rest of Europe Formalin Market by Application
- 6.7.2 Rest of Europe Formalin Market by Percentage

Chapter 7. Company Profiles

7.1 BASF SE
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 3M Company
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 SWOT Analysis
7.3 Bayer AG
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
7.4 Celanese Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 DuPont de Nemours, Inc.
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
7.6 Georgia-Pacific LLC (Koch Industries, Inc.)
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
7.7 Huntsman Corporation
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segment and Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 SWOT Analysis
7.8 Merck KGaA
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
7.9 Sumitomo Chemical Co., Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
7.10. Thermo Fisher Scientific, Inc.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Formalin Market, 2019 - 2022, USD Million
TABLE 2 Europe Formalin Market, 2023 - 2030, USD Million
TABLE 3 Europe Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Formalin Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Formalin Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Fertilizer Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Fertilizer Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Fertilizer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Fertilizer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Automotive Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Dyes Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Dyes Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Dyes Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Dyes Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Drugs Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Drugs Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Drugs Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Drugs Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Antiseptic Perfume Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Antiseptic Perfume Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Antiseptic Perfume Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Antiseptic Perfume Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Rubber Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Rubber Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Rubber Chemicals Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Rubber Chemicals Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 38 Europe Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 39 Europe 1.0%-20.0% Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe 1.0%-20.0% Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe 20.0%-40.0% Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe 20.0%-40.0% Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe 40.0% - 60.0% Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe 40.0% - 60.0% Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Formalin Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Formalin Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Formalin Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 Europe Formalin Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Formalin Market, 2019 - 2022, USD Million
TABLE 50 Germany Formalin Market, 2023 - 2030, USD Million
TABLE 51 Germany Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 53 Germany Formalin Market by Application, 2019 - 2022, USD Million
TABLE 54 Germany Formalin Market by Application, 2023 - 2030, USD Million
TABLE 55 Germany Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 56 Germany Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 57 Germany Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 58 Germany Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 59 UK Formalin Market, 2019 - 2022, USD Million
TABLE 60 UK Formalin Market, 2023 - 2030, USD Million
TABLE 61 UK Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 62 UK Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 63 UK Formalin Market by Application, 2019 - 2022, USD Million
TABLE 64 UK Formalin Market by Application, 2023 - 2030, USD Million
TABLE 65 UK Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 66 UK Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 67 UK Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 68 UK Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 69 France Formalin Market, 2019 - 2022, USD Million
TABLE 70 France Formalin Market, 2023 - 2030, USD Million
TABLE 71 France Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 72 France Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 73 France Formalin Market by Application, 2019 - 2022, USD Million
TABLE 74 France Formalin Market by Application, 2023 - 2030, USD Million
TABLE 75 France Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 France Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 France Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 78 France Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 79 Russia Formalin Market, 2019 - 2022, USD Million
TABLE 80 Russia Formalin Market, 2023 - 2030, USD Million
TABLE 81 Russia Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 82 Russia Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 83 Russia Formalin Market by Application, 2019 - 2022, USD Million
TABLE 84 Russia Formalin Market by Application, 2023 - 2030, USD Million
TABLE 85 Russia Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 86 Russia Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 87 Russia Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 88 Russia Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 89 Spain Formalin Market, 2019 - 2022, USD Million
TABLE 90 Spain Formalin Market, 2023 - 2030, USD Million
TABLE 91 Spain Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Spain Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Spain Formalin Market by Application, 2019 - 2022, USD Million
TABLE 94 Spain Formalin Market by Application, 2023 - 2030, USD Million
TABLE 95 Spain Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Spain Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Spain Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 98 Spain Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 99 Italy Formalin Market, 2019 - 2022, USD Million
TABLE 100 Italy Formalin Market, 2023 - 2030, USD Million
TABLE 101 Italy Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 102 Italy Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 103 Italy Formalin Market by Application, 2019 - 2022, USD Million
TABLE 104 Italy Formalin Market by Application, 2023 - 2030, USD Million
TABLE 105 Italy Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 106 Italy Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 107 Italy Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 108 Italy Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 109 Rest of Europe Formalin Market, 2019 - 2022, USD Million
TABLE 110 Rest of Europe Formalin Market, 2023 - 2030, USD Million
TABLE 111 Rest of Europe Formalin Market, 2019 - 2022, Kilo Tonnes
TABLE 112 Rest of Europe Formalin Market, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Europe Formalin Market by Application, 2019 - 2022, USD Million
TABLE 114 Rest of Europe Formalin Market by Application, 2023 - 2030, USD Million
TABLE 115 Rest of Europe Formalin Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Europe Formalin Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Europe Formalin Market by Percentage, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Formalin Market by Percentage, 2023 - 2030, USD Million
TABLE 119 Key Information - BASF SE
TABLE 120 Key Information - 3M Company
TABLE 121 Key Information - Bayer AG
TABLE 122 Key Information - Celanese Corporation
TABLE 123 Key Information -DuPont de Nemours, Inc.
TABLE 124 Key Information - Georgia-Pacific LLC
TABLE 125 key Information - Huntsman Corporation
TABLE 126 key Information - Merck KGaA
TABLE 127 Key Information - Sumitomo Chemical Co., Ltd.
TABLE 128 Key Information - Thermo Fisher Scientific, Inc.

Europe Formalin Market Size, Share & Industry Trends Analysis Report By Application (Fertilizer, Automotive, Dyes, Drugs, Antiseptic Perfume, Rubber Chemicals and Others), By Percentage, By Country and Growth Forecast, 2023 - 2030