Europe Paraformaldehyde Market Size, Share & Trends Analysis Report By Application( Agrochemicals, Resins, Medical, and Others). By Country and Growth Forecast, 2023

Description

List of Tables

The Europe Paraformaldehyde 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 237.46 kilo tonnes, showcasing a growth of 4.3% (2019-2022).

The utilization of paraformaldehyde in agrochemical formulations underscores its significance in sustainable farming practices, where the emphasis is placed on optimizing crop yields while minimizing environmental impact. As the agricultural sector continues to evolve, driven by the need for increased food production to feed a growing population. Therefore, the Germany market will utilize 49.94 Kilo Tonnes of Paraformaldehyde in Agrochemicals by 2030.

The Germany market dominated the Europe Paraformaldehyde Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $101.6 million by 2030. The UK market is exhibiting a CAGR of 4.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.4% during (2023 - 2030).

In the textile industry, paraformaldehyde-based resins are applied in textile finishing processes to impart specific properties to fabrics, such as wrinkle resistance, crease recovery, and dimensional stability. These treatments enhance textiles' performance, appearance, and durability, making them suitable for various apparel, home textiles, and technical textile applications. The growth of the textile industry increases the demand for the paraformaldehyde.

Similarly, paraformaldehyde is a versatile chemical intermediate used to synthesize various active pharmaceutical ingredients (APIs), intermediates, and drug formulations in the pharmaceutical industry. It is used to produce vitamins, antibiotics, antihypertensive drugs, and anticancer agents. Paraformaldehyde-based compounds find applications in drug synthesis, chemical derivatization, and pharmaceutical manufacturing processes.

The biotechnology sector in Belgium drives innovation in drug discovery, biopharmaceuticals, and personalized medicine, contributing to the growth of the pharmaceutical industry. As per the International Trade Administration (ITA), Belgium's pharmaceutical industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. In conclusion, the rising agriculture sector and expansion of the region's pharmaceutical industry are propelling the market's growth.

Based on Application, the market is segmented into Agrochemicals, Resins, Medical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

Ercros, S.A
GFS Chemicals, Inc
Evonik Industries AG (RAG-Stifung)
Ekta International
Chemanol (Methanol Chemical Company)
Caldic B.V. (Advent International, L.P.)
Merck Millipore (Merck Group)
Alpha Chemika
Celanese Corporation
Thermo Fisher Scientific, Inc.

Europe Paraformaldehyde Market Report Segmentation

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

Agrochemicals
Resins
Medical
Others

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

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

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

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Europe Paraformaldehyde Market, By Application

4.1Europe Agrochemicals Market, By Country
4.2Europe Resins Market, By Country
4.3Europe Medical Market, By Country
4.4Europe Others Market, By Country

Chapter 5.Europe Paraformaldehyde Market, By Country

5.1Germany Paraformaldehyde Market
- 5.1.1Germany Paraformaldehyde Market, By Application
5.2UK Paraformaldehyde Market
- 5.2.1UK Paraformaldehyde Market, By Application
5.3France Paraformaldehyde Market
- 5.3.1France Paraformaldehyde Market, By Application
5.4Russia Paraformaldehyde Market
- 5.4.1Russia Paraformaldehyde Market, By Application
5.5Spain Paraformaldehyde Market
- 5.5.1Spain Paraformaldehyde Market, By Application
5.6Italy Paraformaldehyde Market
- 5.6.1Italy Paraformaldehyde Market, By Application
5.7Rest of Europe Paraformaldehyde Market
- 5.7.1Rest of Europe Paraformaldehyde Market, By Application

Chapter 6.Company Profiles

6.1Ercros, S.A
- 6.1.1Company Overview
- 6.1.2Financial Analysis
- 6.1.3Segmental and Regional Analysis
- 6.1.4SWOT Analysis
6.2Ekta International
- 6.2.1Company Overview
6.3Chemanol (Methanol Chemicals Company)
- 6.3.1Company Overview
- 6.3.2SWOT Analysis
6.4Caldic B.V. (Advent International, L.P.)
- 6.4.1Company Overview
- 6.4.2SWOT Analysis
6.5Alpha Chemika
- 6.5.1Company Overview
- 6.5.2SWOT Analysis
6.6GFS Chemicals, Inc.
- 6.6.1Company Overview
- 6.6.2SWOT Analysis
6.7Merck Millipore (Merck Group)
- 6.7.1Company Overview
- 6.7.2Financial Analysis
- 6.7.3Segmental and Regional Analysis
- 6.7.4Research & Development Expense
6.8Celanese Corporation
- 6.8.1Company Overview
- 6.8.2Financial Analysis
- 6.8.3Segmental and Regional Analysis
- 6.8.4Research & Development Expenses
- 6.8.5SWOT Analysis
6.9Evonik Industries AG (RAG-Stiftung)
- 6.9.1Company Overview
- 6.9.2Financial Analysis
- 6.9.3Segmental and Regional Analysis
- 6.9.4Research & Development Expenses
- 6.9.5SWOT Analysis
6.10.Thermo Fisher Scientific, Inc.
- 6.10.1Company Overview
- 6.10.2Financial Analysis
- 6.10.3Segmental and Regional Analysis
- 6.10.4Research & Development Expenses
- 6.10.5SWOT Analysis

LIST OF TABLES

TABLE 1Europe Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 2Europe Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 3Europe Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 4Europe Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 5Europe Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 6Europe Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 7Europe Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8Europe Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9Europe Agrochemicals Market, By Country, 2019 - 2022, USD Million
TABLE 10Europe Agrochemicals Market, By Country, 2023 - 2030, USD Million
TABLE 11Europe Agrochemicals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12Europe Agrochemicals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13Europe Resins Market, By Country, 2019 - 2022, USD Million
TABLE 14Europe Resins Market, By Country, 2023 - 2030, USD Million
TABLE 15Europe Resins Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16Europe Resins Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17Europe Medical Market, By Country, 2019 - 2022, USD Million
TABLE 18Europe Medical Market, By Country, 2023 - 2030, USD Million
TABLE 19Europe Medical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20Europe Medical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21Europe Others Market, By Country, 2019 - 2022, USD Million
TABLE 22Europe Others Market, By Country, 2023 - 2030, USD Million
TABLE 23Europe Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24Europe Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25Europe Paraformaldehyde Market, By Country, 2019 - 2022, USD Million
TABLE 26Europe Paraformaldehyde Market, By Country, 2023 - 2030, USD Million
TABLE 27Europe Paraformaldehyde Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28Europe Paraformaldehyde Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29Germany Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 30Germany Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 31Germany Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 32Germany Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 33Germany Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 34Germany Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 35Germany Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 36Germany Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 37UK Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 38UK Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 39UK Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 40UK Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 41UK Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 42UK Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 43UK Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 44UK Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 45France Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 46France Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 47France Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 48France Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 49France Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 50France Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 51France Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52France Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53Russia Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 54Russia Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 55Russia Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 56Russia Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 57Russia Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 58Russia Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 59Russia Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60Russia Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61Spain Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 62Spain Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 63Spain Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 64Spain Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 65Spain Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 66Spain Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 67Spain Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68Spain Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69Italy Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 70Italy Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 71Italy Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 72Italy Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 73Italy Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 74Italy Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 75Italy Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76Italy Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77Rest of Europe Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 78Rest of Europe Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 79Rest of Europe Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 80Rest of Europe Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 81Rest of Europe Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 82Rest of Europe Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 83Rest of Europe Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84Rest of Europe Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 85Key Information - Ercros, S.A
TABLE 86Key Information - Ekta International
TABLE 87Key Information - Chemanol
TABLE 88Key Information - Caldic B.V.
TABLE 89Key Information - Alpha Chemika
TABLE 90Key Information - GFS Chemicals, Inc.
TABLE 91Key Information - Merck Millipore
TABLE 92Key Information - Celanese Corporation
TABLE 93Key Information - Evonik Industries AG
TABLE 94Key Information - Thermo Fisher Scientific, Inc.

Europe Paraformaldehyde Market Size, Share & Trends Analysis Report By Application( Agrochemicals, Resins, Medical, and Others). By Country and Growth Forecast, 2023 - 2030