Asia-Pacific Urea Formaldehyde Resin Market is Expected to to grow to $3,427.7 million in 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Asia-Pacific Urea Formaldehyde Resin Market is
  Expected to to grow to 3,427.7 million in 2018

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• The market has grown considerably during the past
  few years and is expected to grow at a more rapid
  pace in the coming years.
• The Asia Pacific urea formaldehyde resin market
  is estimated to grow to 3,427.7 million by 2018
  at a CAGR of 6.6 from the year 2013-2018.
• Asia-Pacific accounts for a huge share of around
  41 in the global urea formaldehyde resin market
  due to demand from the emerging economies of the
  region as a result of the continuous expansion
  and investment made by these countries in the
  concerned industry

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Browse through the TOC of the Asia-Pacific Urea
Formaldehyde Resin Market for an in-depth
analysis of the industry trends and segments,
with help of various tables and
figures. http//www.micromarketmonitor.com/market
/asia-pacific-urea-formaldehyde-resin-7877103988.h
tml

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• 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.
• The product of the reaction is a colorless
  solution that is dried to form a powder for end
  applications. Urea formaldehyde solutions can be
  strengthened with an addition of cellulose and
  can also be tinted by adding pigments to make
  light, thin, strong, colorful, and translucent
  articles for household applications.

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• China is the biggest producer and consumer of UF
  resins.
• Many major players have invested in the Chinese
  market to increase their production capacity due
  to low manufacturing costs than North American
  and European countries.
• Expansion of plywood production capacities in
  Indonesia, and increase in the penetration of UF
  resins, used as wood adhesives in Indonesian
  plywood industry has driven the future demand of
  UF resins in the Indonesian market.

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• The plywood industry led the APAC UF resin
  consumption with a share of 37.7, followed by
  medium density fiberboard.
• BASF SE (Germany), Dynea Oy (Finland), Cytec
  Industries Inc. (U.S.), and Jiangsu Sanmu Group
  Co. Ltd (China) are the major UF resin producers
  in the Asia-Pacific region.
• The Asia-Pacific Urea formaldehyde resin market
  has been segmented on the basis of application
  and end-user.

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• The segments have been analyzed and forecast for
  a time period ranging from 2012 to 2018.
• The forecast is on the basis of volume (Kilo
  tons) and revenue (USD million) for country level
  based on current and expected trends of the
  industry.
• Geographically, the market has been segmented
  into China, Malaysia, Indonesia, South Korea and
  others, the demand has been analyzed and forecast
  based on current trends for a period of six
  years, ranging from 2012 to 2018.
• The Major applications studied include particle
  board, medium density fiberboard, adhesives,
  plywood, roofing mats, moulding powder.

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