Paraformaldehyde Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Transparency Market

Research

Paraformaldehyde Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023

Published Date

28-July-2015

110 Page Report

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Press Release

Global Paraformaldehyde Market to Reach 791.9 mn by 2023

owing to Globally Rising Demand for Resins : TMR

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Paraformaldehyde Market

REPORT DESCRIPTION

Paraformaldehyde Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023

A new Transparency Market Research report states that the global paraformaldehyde market stood at

US$468.8 mn in 2014 and is predicted to reach US$791.9 mn by 2023. It is predicted to expand at a CAGR of

6.1% from 2015 to 2023. The title of the report is “Paraformaldehyde Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023.”

Browse the full Paraformaldehyde Market for Resins, Agrochemicals, Medical, and Other Applications Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 report at :

http://www.transparencymarketresearch.com/paraformaldehyde-market.html

According to the report, the rising demand for resins has raised the demand for paraformaldehyde, thus

boosting the market’s growth. In addition, the rising adoption of GM crops has also stimulated the market for

paraformaldehyde. Furthermore, glyphosate being the most commonly selling herbicide worldwide is also

amongst the prime drivers fuelling the demand for paraformaldehyde. On the other hand, a number of

restrictions on the use of glyphosate may impede the growth of the market in forthcoming years. This is owing

to the fact that the International Agency for Research on Cancer has categorized glyphosate in Group 2B,

declaring it as a probable carcinogenic substance for human beings. This is why a number of...