- In June 2023, Sustainable Solutions Ltd. launched a bio-based alternative to paraformaldehyde, derived from renewable resources. This new product aims to address environmental concerns related to traditional paraformaldehyde production while maintaining high performance. The shift to bio-based solutions reflects the growing demand for eco-friendly and sustainable chemicals in various industries
- In May 2023, Innovative Materials Inc. introduced a new line of paraformaldehyde-based adhesives and resins. These products are designed to offer superior bonding strength and enhanced durability for a variety of applications. The launch caters to industries requiring robust adhesives, providing an innovative solution for challenging bonding needs and improving overall product performance
- In March 2022, Ercros S.A., a well-established industrial group based in Spain, comprises three divisions: Chlorine Derivatives, Intermediate Chemicals, and Pharmaceuticals. With over a century of experience, the company exports nearly 50% of its products to over 103 countries, mostly in the EU. Ercros is a market leader in the primary sectors it serves, particularly paraformaldehyde
- In January 2022, Ercros S.A. emphasized its commitment to safety, environmental sustainability, and product quality through a voluntary pledge. This commitment highlights the company’s dedication to maintaining safe operational practices in its facilities, ensuring environmental respect, producing high-quality products, and fostering transparent communication with society, which is key to its long-term success
- In May 2021, Metafrax announced the construction of a new paraformaldehyde production facility in Gubakha, Russia. This plant, expected to produce 30,000 tons of paraformaldehyde annually, will make Metafrax the exclusive paraformaldehyde manufacturer in Russia. This expansion strengthens Metafrax’s position in the global market and enhances its competitive edge in the chemicals industry
- In February 2021, Ercros S.A. is a global leader in the intermediate chemicals and pharmaceuticals markets, with its paraformaldehyde products being top-ranking worldwide. In addition, Ercros excels in markets for fusidic acid and fosfomycin. The company’s dominance in these sectors underscores its significant role in the global chemical and pharmaceutical industries
- In January 2020, Caldic B.V. acquired DCM Asia, a specialty chemicals distributor based in Malaysia. This acquisition significantly expanded Caldic’s presence in Southeast Asia, particularly in the paraformaldehyde market. The move strengthens Caldic's specialty chemicals portfolio, allowing the company to better serve customers in this fast-growing region with a broader range of chemical solutions
Frequently Asked Questions
The market is segmented based on Segmentation, By Grade (Industrial Grade and Reagent Grade), Form (Powder and Liquid), Purity (>94% and above 94%), Type (PF(91%-93%) and PF(95%-97%)), Application (Pesticide, Coating, Resins, Agrochemicals, Adhesives, Dentistry, Disinfectant, Poultry, Sanitary, Foundry, Dyestuffs, Fluorescent Lights, Papermaking and Others), End Use (Automotive, Textile, Oil and Paints, Paper, Furniture, Healthcare, Agriculture, Personal Care, Plastic Industry, Rubber Industry, Electronics, and Others) - Industry Trends and Forecast to 2032
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The Global Paraformaldehyde Market size was valued at USD 1.35 USD Billion in 2024.
The Global Paraformaldehyde Market is projected to grow at a CAGR of 6% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
