SMB in Action
SEE OTHER BRANDS

Your top news on small business

Paraformaldehyde Market Growth Accelerates: Innovative Applications Fuel Demand 2030

Paraformaldehyde Market Key Trends

Paraformaldehyde Market Key Trends

Rising demand for paraformaldehyde in the production of disinfectants, fumigants, and agrochemicals is fueling market expansion.

WILMINGTON, DE, UNITED STATES, July 22, 2025 /EINPresswire.com/ -- The global paraformaldehyde market is witnessing steady growth due to its increasing use in the synthesis of disinfectants, fixatives, fumigants, and fungicides.

According to a recent report published by Allied Market Research titled, β€œParaformaldehyde Market by Application (Resins, Agrochemicals, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”, the market was valued at $1.6 billion in 2020 and is projected to reach $2.8 billion by 2030, growing at a CAGR of 5.5% from 2021 to 2030.

𝐃𝐨𝐰𝐧π₯𝐨𝐚𝐝 π’πšπ¦π©π₯𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 π‘πžπ¬πžπšπ«πœπ‘ 𝐎𝐯𝐞𝐫𝐯𝐒𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/A13737

Key Market Drivers:

- Rising demand for paraformaldehyde in the production of disinfectants, fumigants, and agrochemicals is fueling market expansion.
- Increasing application in medical and pharmaceutical industries as a hygienic and medical disinfector contributes to further growth.
- Emerging opportunities in organic chemical synthesis, printing, photography, fertilizers, and fluorescent lighting offer additional market potential.

However, health risks associated with paraformaldehyde exposure pose challenges to its widespread adoption.

Segment Insights:-

- Medical segment: Expected to register the fastest CAGR of 6.2% during the forecast period, driven by growing usage in the pharmaceutical and healthcare sectors.

- Agrochemicals segment: Dominated the market in 2020, holding over 40% of the global share, supported by rising food demand and the need for high-yield agricultural products.

Regional Analysis:-

- Asia-Pacific, led by China, accounted for the largest market share in 2020, followed by North America. Growth in this region is attributed to high production volumes and increasing industrial applications.

- LAMEA is projected to witness the highest CAGR of 6.6% through 2030, owing to expanding manufacturing of laminates, MDI, pentaerythritol, and engineered wood products.

Leading Market Players:-

- Alpha Chemika
- Merck
- Caldic
- Celanese Corporation
- Alfa Aesar
- Yinhe Chemical
- Ekta International
- Ercros
- Chemanol
- Jinan Xiangrui Chemical Co., Ltd.

These key players are focusing on strategic expansions, partnerships, and product innovation to maintain a competitive edge in the global paraformaldehyde market.

π–πšπ§π­ 𝐭𝐨 π€πœπœπžπ¬π¬ 𝐭𝐑𝐞 π’π­πšπ­π’π¬π­π’πœπšπ₯ πƒπšπ­πš 𝐚𝐧𝐝 π†π«πšπ©π‘π¬, 𝐊𝐞𝐲 𝐏π₯𝐚𝐲𝐞𝐫𝐬' π’π­π«πšπ­πžπ π’πžπ¬: https://www.alliedmarketresearch.com/paraformaldehyde-market/purchase-options

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+ 1 800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service