Paraformaldehyde is an odorless, white crystalline solid that is commonly used as a disinfectant agent and preservative. It is mostly used as a disinfectant in hospitals, laboratories, and other areas where cleanliness is essential. It has also been used as a preservative for food and pharmaceutical applications. Paraformaldehyde is commercially available as a powder, granules, or resin.
The global Paraformaldehyde market was valued at US$ 530.9 million in 2022 and is anticipated to reach US$ 700.9 million by 2029, witnessing a CAGR of 4.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Paraformaldehyde Market available at: https://www.themarketreports.com/report/global-paraformaldehyde-market-research-report
This report aims to provide a comprehensive presentation of the global market for Paraformaldehyde, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paraformaldehyde.
Global paraformaldehyde key players include Ercros, Celanese, Merck, Chemanol, etc. Global top 5 manufacturers hold a share over 50%.
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