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Formaldehyde Market: Introduction



In terms of value, the global formaldehyde market is anticipated to expand at a CAGR of ~4% from 2021 to 2031 and cross US$ 15 Bn by 2031. The usage of formaldehyde in the production of resins has been rising. Formaldehyde-based resins are used in a wide range of applications. In terms of volume, Asia Pacific dominated the global formaldehyde market in 2020.



It is estimated to lead the global formaldehyde market during the forecast period,… Continue

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