North America Urea Formaldehyde Resin Market is Expected to Reach $917.7 Million in 2018 – New Report by MicroMarket Monitor
The North American Urea Formaldehyde Resin Market report defines and segments the urea formaldehyde resin market in North America with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/north-america-urea-formaldehyde-resin-5727117393.html
(PRWEB) August 19, 2014
The North American Urea Formaldehyde Resin Market report defines and segments the urea formaldehyde resin market in North America with analysis and forecast of revenue.
Browse through the TOC of the North American urea formaldehyde resin market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the North American market, and is supported by various tables and figures.
Urea formaldehyde (UF) resin is an opaque, cross-linked, thermosetting polymer produced by condensation of urea and formaldehyde in an aqueous solution in the presence of ammonia as an alkaline catalyst. UF resins are widely preferred for bonding wood-based panels due to its high reactivity and performance at low costs. UF Resins have a major application as an adhesive for particle board, medium density board (MDF), roofing mat, molding compound, plywood, and adhesives & coatings. In North America, the particle board segment is the largest consumer with a share of 30.1%, followed by MDF with 22.7%, plywood with 22.3%, and roofing mat with 14.7%.
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North America is the third-largest consumer of UF resins, accounting to 12.2% of the global consumption share. The consumption trend of UF resins in North America is influenced by formaldehyde emission regulations led by the Environmental Protection Agency (E.P.A.). The key countries in the region include the U.S., Canada, and Mexico. The U.S. is the largest consumer of UF resins with a share of 67.0%, followed by Canada, and eventually, Mexico. The fiber glass roofing mat industry is the fastest-growing segment and the third-largest consumer of UF resins in the North American market. The overall increasing consumption of the medium density board (MDF) segment for interior applications would drive the market for UF resins in North America, in the years to come.
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The report covers the North American urea formaldehyde resin market, which is segmented on the basis of application and geography. In North America, UF resins are applied in particle board, medium density board (MDF), roofing mat, molding compound, plywood, and adhesives & coatings.
Europe Urea Formaldehyde Resin Market
Urea Formaldehyde Resin-Europe can be segmented by Groups, Ingredients, Applications and Companies. Groups of Urea Formaldehyde Resin-Europe are Amino Resins. Ingredients of Urea Formaldehyde Resin-Europe are Urea and Formaldehyde. Applications of Urea Formaldehyde Resin-Europe are Particle Board, Medium-density fibreboard OR Mdf, Plywood, Adhesive, Roofing Mats and Moulding Powder. Companies of Urea Formaldehyde Resin-Europe are Momentive Specialty Chemicals Inc, BASF Chemicals, Tembec, Allnex Belgium Sa, Chimica Pomponesco S.p.A, Advachem SA, Chemiplastica SpA, Ineos Melamine, Hexzachem Sarawak Sdn Bhd and Royal Chemie.
Asia-Pacific Urea Formaldehyde Resin Market
It will provide you market insights into Particle Board, Medium-density fibreboard OR Mdf, Plywood and Adhesive.This report provides market sizing and forecast for the Urea Formaldehyde Resin-Asia-Pacific market. It also provides market sizing and forecast along with the drivers/inhibitors/opportunity analysis for each of the micro markets.The report provides deep dive competitive landscape covering the top players such as Momentive Specialty Chemicals Inc, BASF Chemicals, Tembec and Allnex Belgium Sa.The reports provides benchmarking insight on the top players Momentive Specialty Chemicals Inc, BASF Chemicals, Tembec and Allnex Belgium Sa.The report provide competitive intelligence on Momentive Specialty Chemicals Inc, BASF Chemicals, Tembec and Allnex Belgium Sa.
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