Market Research Report
India Formaldehyde Comprehensive Techno-Commercial Market Analysis, 2013-2030
|Published by||TechSci Research||Product code||833172|
|Published||Content info||73 Pages
Delivery time: Inquiry
|India Formaldehyde Comprehensive Techno-Commercial Market Analysis, 2013-2030|
|Published: April 1, 2019||Content info: 73 Pages||
India formaldehyde market is projected to grow at a CAGR of 6% during 2019-2030 on account of growing focus towards roofing mat application and surging demand for wood-based articles in India. Moreover, demand for phenolic resins is growing owing to their advanced mechanical properties, ability to tolerate high temperature, low toxicity and smoke and excellent blending capacity with variety of polymeric substances. Due to these properties phenolic resins are extensively employed in the manufacturing of molding compounds, wood adhesives, laminates, insulation, and various other applications, which is propelling demand for formaldehyde across India.
Years Considered for this Report:
Historical Years: 2013 - 2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020 - 2030
Some of the major players operating in India formaldehyde market are India Century Laminating, Jubilant Life Sciences, Kanoria Chemicals and Industries Limited, Simalin Industries Limited and Assam Petrochemicals Limited, etc.
To extract data for India formaldehyde market, primary research surveys were conducted with formaldehyde manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for India formaldehyde market over the coming years.
TechSci Research calculated formaldehyde demand by analyzing the historical data and demand forecast which was carried out considering the raw material prices such as methanol and crude oil prices. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as Company Websites, Association Reports, Annual Reports, etc. were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as formaldehyde manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
With the given market data, TechSci Research offers customizations according to a company's specific needs.