At 8.50% CAGR, Formaldehyde Market Size Worth USD 7.68 billion by 2028
Formaldehyde market size is valued at USD 7.68 billion by 2028 and is expected to grow at a compound annual growth rate of 8.50% for the forecast period of 2021 to 2028. Data Bridge Market Research report on formaldehyde market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Get the sample copy of the report : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-formaldehyde-market Market Analysis and Insights : Global Formaldehyde Market Formaldehyde is an essential feedstock component which is used for the production of urea-alkyd resins, and finds applications as binding materials for the middling density particle boards and plywood. Formaldehyde is usually synthesized from methanol which is mainly used in the synthesis of resins. Formaldehyde is extensively used in various industries such as plywood, construction, automobil...