Formaldehyde-Free Resin Market

Formaldehyde-Free Resin Market: Global Industry Analysis and Opportunity Assessment 2016-2026

Market Overview

Formaldehyde-free resins are the adhesive which replaces traditional urea-formaldehyde glass mat resins and phenol-formaldehyde insulation. They are designed for mineral fiber and fiberglass applications in commercial & industrial and non-woven residential insulation. The global formaldehyde-free resin is expected to have substantially high growth rate, attributed to growing adhesive industry across the globe. North America accounts for significantly high revenue share in the global formaldehyde-free resin market, attributed to robust marketing and demand for furniture in the region.

Global Formaldehyde-Free Resin Market Dynamics:

The growth of global formaldehyde-free resin market is driven by growing furniture, construction, and adhesive industry. The macroeconomic factor responsible for the growth of global formaldehyde-free resin market is the rapid rate of urbanization, rising disposable income, and regulations over the use of adhesive for furniture. The advantages of formaldehyde-free resin including be easy-to-use, easy-to-store, reduce emissions of hazardous formaldehyde, and requiring no capital investment for retrofitting also fueling the global formaldehyde-free resin market. The company providing the formaldehyde-free resin have significantly high opportunity in regions such as North America, Europe, and Asia-Pacific, owing to the significant demand for formaldehyde-free resin with rising demand for the adhesive in the regions. The formaldehyde-free resin market also has a significant opportunity in Latin America and the Middle East and Africa region as these are the emerging market, attributed to rising disposable income of consumers in these regions.

Global Formaldehyde-Free Resin Market Regional Outlook:

Based on the geographies, the global formaldehyde-free resin market is fragmented into seven key regions -- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, North America accounts for a significant share of global formaldehyde-free resin market, owing to relatively high-value share of the region in the global furniture market. Western Europe is followed by North America region in the global formaldehyde-free resin market. The Asia-Pacific except Japan region accounts for significantly high volume share in the global formaldehyde-free resin market, owing to the substantial growth in the furniture industry in the region as a result of growing population. Eastern Europe and Japan also accounts for significant value share in the global formaldehyde-free resin market, owing to the significant growth of the adhesive product industry over the forecast period. The developing economy such as Middle East Africa and Latin America have a moderate opportunity in the global formaldehyde-free resin market, owing to the rapid rate of urbanization. Overall, the outlook for the global formaldehyde-free resin market will have a positive growth over the forecast period, owing to the increasing demand for the non-hazardous adhesive in end-use industries as an anti-counterfeiting measure.

Global Formaldehyde-Free Resin Market Player:

Few players in the global formaldehyde-free resin market include DSM Inc., Georgia-Pacific Chemicals LLC, The Dow Chemical Company, Fraunhofer-Gesellschaft, EGGER GROUP, and NineSigma, Inc.

The Report covers exhaustive analysis on:

  • Formaldehyde-Free Resin Market  Segments
  • Formaldehyde-Free Resin Market  Dynamics
  • Historical Actual Market Size, 2013-2015 for Formaldehyde-Free Resin Market
  • Formaldehyde-Free Resin Market  Size & Forecast 2016 to 2026
  • Value Chain
  • Formaldehyde-Free Resin Market  Current Trends/Issues/Challenges
  • Competition and Companies involved in Formaldehyde-Free Resin Market
  • Formaldehyde-Free Resin Market  Drivers and Restraints

Regional analysis for Formaldehyde-Free Resin Market  includes:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Formaldehyde-Free Resin Market Segmentation:

Basically, global formaldehyde-free resin market is segmented on the basis of product type, end-use, and region.

Based on product type, the global formaldehyde-free resin market is segmented into:

  • Wood Adhesive
  • Foil Bonding Adhesive
  • Fiberglass Adhesive
  • Mineral Fiber Adhesive

Based on end-use, the global formaldehyde-free resin market is segmented into:

  • Residential Insulation
  • Commercial and Industrial (C&I) Insulation

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the Global Formaldehyde-Free Resin Market
  • In-depth market segmentation of the Global Formaldehyde-Free Resin Market
  • Historical, current and projected market size in terms of volume and value of Global Formaldehyde-Free Resin Market
  • Recent industry trends and developments of Global Formaldehyde-Free Resin Market
  • Competitive landscape of Global Formaldehyde-Free Resin Market
  • Strategies of key players and product offerings in the Global Formaldehyde-Free Resin Market
  • Potential and niche segments/regions exhibiting promising growth in Global Formaldehyde-Free Resin Market
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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