(EMAILWIRE.COM, September 06, 2018 ) The report provides forecast and analysis of the global Methanal market. It provides market overview of global Methanal market in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends, and opportunity of the Methanal market and their impact on each country during the forecast period.
Methanal, also known by various other names such as Formaldehyde, Formalin, Formol, and Paraformaldehyde, is an organic chemical having the molecular formula H2CO or CH2O and molecular weight 30.026 g/mol. It is a colorless and poisonous gas with pungent and suffocating odor at room temperature. It has a boiling point of -6-00b0F at 760 mm Hg or -19.1-00b0C and a melting point of -134-00b0 F or -92-00b0C. It is miscible in water at 25-00b0C. It has a density of 0.815 at -4-00b0F in anhydrous form or 0.815 g/cu cm at -20-00b0C and vapor pressure of 10 mm Hg at -126.4-00b0F in anhydrous form or 3,890 mm Hg at 25-00b0C for 100% formaldehyde. Methanal gas remains stable in the absence of water. Its uncatalyzed decomposition is very slow under 300-00b0C. The main products from its decomposition are carbon monoxide and hydrogen. Majority of Methanal is manufactured from a process involving both, the dehydrogenation and oxidation of methanol.
Methanal is most commonly used as an aqueous solution containing 37% (w/w) methanol along with an inhibitor such as ethenyl (vinyl) polymer to prevent the formation of long chain polymers by aldehydes.
The Methanal market has witnessed moderate growth rate during the last few years owing to its use in a wide range of products such as surface disinfectants, plywood, fiberboards, antiseptics, cosmetics, and fabrics. Methanal is an environment-friendly chemical as it decomposes quickly in water, soil, and air. This environment-friendly nature is also a driving factor for the methanal market. However, its harmful effects on humans act as a restraint on the market. While inhalation of methanal can cause irritation of throat, nose, and eyes; high levels of exposure can result in spasms and accumulation of fluid in the lungs. In most countries around the world, the use of methanal in products and its release in the environment are controlled through different laws.
The -201cGlobal Methanal Market Analysis and Forecasts to 2025-201d can be segmented into application, end user, and region. Based on application, the market can be categorized into binding agent, intermediate, and preservative. Methanal is a superior binding agent and used to manufacture glues and resins. These products are then used in the home furnishing industry to make various items such as cabinets, shelves, etc. Its binding properties also make Methanal very useful in the pulp and paper industry to manufacture products such as wood panels, laminate flooring, plywood, facial wipes, etc. Methanal is used as an intermediate to produce several chemicals such as urea formaldehyde resin, melamine resin, paraformaldehyde, and hexamine etc. Methanal is most commonly used as a preservative in laboratories and funerals.
The market based on end user can be segmented into pulp and paper, chemicals, textile, and others. Methanal is most commonly used in the pulp and paper industry. It is also an important raw material in the chemicals industry. The textile industry uses Methanal to manufacture dyes and pigments which help with the better binding of fabrics, while also preventing the fading of colors. Other industries which use Methanal include cosmetics, medicines, electricals, and electronics.
The Methanal market based on geography is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, the highest exporters of Methanal during the last few years included The Netherlands, Italy, Germany, and Belgium. Meanwhile, the highest importers included Germany, Belgium, Slovenia, and France. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for Methanal in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The Methanal market report includes market size and analysis for all the above-mentioned regions and countries for application, and end user.
The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis, and various business strategies adopted by them. This report will help players in global Methanal market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoovers, company annual reports, investor presentations, and publications. The key players included in the global Methanal market report are Hexion Inc., Lanxess Group, INEOS Paraform, Foresa, BASF SE, Euroresinas-Chemical SA, Ercros SA, Chimica Pomponesco S.p.A, Balaji Formalin Private Limited, and Simalin Chemical Industries Limited., among others.

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