Europe Paraformaldehyde Market Size, Share & Trends Analysis Report By Application( Agrochemicals, Resins, Medical, and Others). By Country and Growth Forecast, 2023 - 2030

The Europe Paraformaldehyde Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 237.46 kilo tonnes, showcasing a growth of 4.3% (2019-2022).

The utilization of paraformaldehyde in agrochemical formulations underscores its significance in sustainable farming practices, where the emphasis is placed on optimizing crop yields while minimizing environmental impact. As the agricultural sector continues to evolve, driven by the need for increased food production to feed a growing population. Therefore, the Germany market will utilize 49.94 Kilo Tonnes of Paraformaldehyde in Agrochemicals by 2030.

The Germany market dominated the Europe Paraformaldehyde Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $101.6 million by 2030. The UK market is exhibiting a CAGR of 4.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.4% during (2023 - 2030).

In the textile industry, paraformaldehyde-based resins are applied in textile finishing processes to impart specific properties to fabrics, such as wrinkle resistance, crease recovery, and dimensional stability. These treatments enhance textiles’ performance, appearance, and durability, making them suitable for various apparel, home textiles, and technical textile applications. The growth of the textile industry increases the demand for the paraformaldehyde.

Similarly, paraformaldehyde is a versatile chemical intermediate used to synthesize various active pharmaceutical ingredients (APIs), intermediates, and drug formulations in the pharmaceutical industry. It is used to produce vitamins, antibiotics, antihypertensive drugs, and anticancer agents. Paraformaldehyde-based compounds find applications in drug synthesis, chemical derivatization, and pharmaceutical manufacturing processes.

The biotechnology sector in Belgium drives innovation in drug discovery, biopharmaceuticals, and personalized medicine, contributing to the growth of the pharmaceutical industry. As per the International Trade Administration (ITA), Belgium’s pharmaceutical industry spends $1.64 billion (€1.5 billion) on R&D annually, equivalent to 40 percent of all private investment made in Belgium. In conclusion, the rising agriculture sector and expansion of the region’s pharmaceutical industry are propelling the market’s growth.

Free Valuable Insights: The Global Paraformaldehyde Market will Hit USD 2.5 Billion by 2030, at a CAGR of 5.2%

Based on Application, the market is segmented into Agrochemicals, Resins, Medical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Ercros, S.A
• GFS Chemicals, Inc
• Evonik Industries AG (RAG-Stifung)
• Ekta International
• Chemanol (Methanol Chemical Company)
• Caldic B.V. (Advent International, L.P.)
• Merck Millipore (Merck Group)
• Alpha Chemika
• Celanese Corporation
• Thermo Fisher Scientific, Inc.

Europe Paraformaldehyde Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Agrochemicals
• Resins
• Medical
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Paraformaldehyde Market, by Application
1.4.2 Europe Paraformaldehyde Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Europe Paraformaldehyde Market, By Application
4.1 Europe Agrochemicals Market, By Country
4.2 Europe Resins Market, By Country
4.3 Europe Medical Market, By Country
4.4 Europe Others Market, By Country

Chapter 5. Europe Paraformaldehyde Market, By Country
5.1 Germany Paraformaldehyde Market
5.1.1 Germany Paraformaldehyde Market, By Application
5.2 UK Paraformaldehyde Market
5.2.1 UK Paraformaldehyde Market, By Application
5.3 France Paraformaldehyde Market
5.3.1 France Paraformaldehyde Market, By Application
5.4 Russia Paraformaldehyde Market
5.4.1 Russia Paraformaldehyde Market, By Application
5.5 Spain Paraformaldehyde Market
5.5.1 Spain Paraformaldehyde Market, By Application
5.6 Italy Paraformaldehyde Market
5.6.1 Italy Paraformaldehyde Market, By Application
5.7 Rest of Europe Paraformaldehyde Market
5.7.1 Rest of Europe Paraformaldehyde Market, By Application

Chapter 6. Company Profiles
6.1 Ercros, S.A
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 SWOT Analysis
6.2 Ekta International
6.2.1 Company Overview
6.3 Chemanol (Methanol Chemicals Company)
6.3.1 Company Overview
6.3.2 SWOT Analysis
6.4 Caldic B.V. (Advent International, L.P.)
6.4.1 Company Overview
6.4.2 SWOT Analysis
6.5 Alpha Chemika
6.5.1 Company Overview
6.5.2 SWOT Analysis
6.6 GFS Chemicals, Inc.
6.6.1 Company Overview
6.6.2 SWOT Analysis
6.7 Merck Millipore (Merck Group)
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expense
6.8 Celanese Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expenses
6.8.5 SWOT Analysis
6.9 Evonik Industries AG (RAG-Stiftung)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.9.5 SWOT Analysis
6.10. Thermo Fisher Scientific, Inc.
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expenses
6.10.5 SWOT Analysis

TABLE 1 Europe Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 2 Europe Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 3 Europe Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 6 Europe Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 7 Europe Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Agrochemicals Market, By Country, 2019 - 2022, USD Million
TABLE 10 Europe Agrochemicals Market, By Country, 2023 - 2030, USD Million
TABLE 11 Europe Agrochemicals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Agrochemicals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Resins Market, By Country, 2019 - 2022, USD Million
TABLE 14 Europe Resins Market, By Country, 2023 - 2030, USD Million
TABLE 15 Europe Resins Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Resins Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Medical Market, By Country, 2019 - 2022, USD Million
TABLE 18 Europe Medical Market, By Country, 2023 - 2030, USD Million
TABLE 19 Europe Medical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Medical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 Europe Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Paraformaldehyde Market, By Country, 2019 - 2022, USD Million
TABLE 26 Europe Paraformaldehyde Market, By Country, 2023 - 2030, USD Million
TABLE 27 Europe Paraformaldehyde Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Paraformaldehyde Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Germany Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 30 Germany Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 31 Germany Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 32 Germany Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 33 Germany Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 34 Germany Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 35 Germany Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 36 Germany Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 37 UK Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 38 UK Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 39 UK Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 40 UK Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 41 UK Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 42 UK Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 43 UK Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 44 UK Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 45 France Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 46 France Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 47 France Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 48 France Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 49 France Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 50 France Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 51 France Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 France Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Russia Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 54 Russia Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 55 Russia Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Russia Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Russia Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 58 Russia Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 59 Russia Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Russia Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Spain Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 62 Spain Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 63 Spain Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Spain Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Spain Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 66 Spain Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 67 Spain Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68 Spain Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Italy Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 70 Italy Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 71 Italy Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Italy Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Italy Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 74 Italy Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 75 Italy Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Italy Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of Europe Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 79 Rest of Europe Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of Europe Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of Europe Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 83 Rest of Europe Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of Europe Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Key Information – Ercros, S.A
TABLE 86 Key Information – Ekta International
TABLE 87 Key Information – Chemanol
TABLE 88 Key Information – Caldic B.V.
TABLE 89 Key Information – Alpha Chemika
TABLE 90 Key Information – GFS Chemicals, Inc.
TABLE 91 Key Information – Merck Millipore
TABLE 92 Key Information – Celanese Corporation
TABLE 93 Key Information – Evonik Industries AG
TABLE 94 Key Information – Thermo Fisher Scientific, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Paraformaldehyde Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Paraformaldehyde Market
FIG 4 Porter’s Five Forces Analysis – Paraformaldehyde Market
FIG 5 Europe Paraformaldehyde Market share, By Application, 2022
FIG 6 Europe Paraformaldehyde Market share, By Application, 2030
FIG 7 Europe Paraformaldehyde Market, By Application, 2019 - 2030, USD Million
FIG 8 Europe Paraformaldehyde Market share, By Country, 2022
FIG 9 Europe Paraformaldehyde Market share, By Country, 2030
FIG 10 Europe Paraformaldehyde Market, By Country, 2019 - 2030, USD Million
FIG 11 SWOT Analysis: Ercros, S.A
FIG 12 SWOT Analysis: Chemanol
FIG 13 SWOT Analysis: Caldic B.V.
FIG 14 SWOT Analysis: Alpha Chemika
FIG 15 SWOT Analysis:GFS Chemicals, Inc
FIG 16 SWOT Analysis: Celanese Corporation
FIG 17 SWOT Analysis: Evonik Industries AG
FIG 18 SWOT Analysis: Thermo Fisher Scientific, Inc.