Global Formaldehyde Market Size To Grow $15.51 Billion By 2030 | CAGR 5%

The Global Formaldehyde Market Size was valued at USD 10.00 Billion in 2021 and the worldwide formaldehyde market statistics is expected to reach USD 15.51 Billion by 2030, According to a research report published by Spherical Insights & Consulting. Companies Covered: Alder S.p.A, BASF SE, Bayer Crop Science, Celanese AG, Dynea AS, Foremark Performance Chemicals, Georgia-Pacific Chemicals LLC, Huntsman International LLC, Johnson Matthey Process Technologies, Momentive Specialty Chemical Inc., PerstorpOrgnr and others 20+ prominent key players we have added in the final report.

New York, United States , Jan. 13, 2023 (GLOBE NEWSWIRE) — The Global Formaldehyde Market Size to grow from USD 10.00 billion in 2021 to USD 15.51 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5% during the forecast period. Over the projected period, the demand for Formaldehyde in the market will increase due to changing consumer preferences and increased Formaldehyde consumption for the building and construction industries. North America is expected to grow the fastest during the forecast period.

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