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

The Latin America, Middle East and Africa Paraformaldehyde Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 160.87 kilo tonnes, showcasing a growth of 6.3% (2023-2030).

Paraformaldehyde serves as a key component in the production of pesticides, herbicides, and fungicides, playing a crucial role in enhancing agricultural productivity and ensuring crop protection. Within this context, paraformaldehyde is utilized in formulations aimed at controlling pests, weeds, and fungal diseases that affect crop yields. Therefore, the Brazil Utilized 17.81 kilo Tonnes of paraformaldehyde in Agrochemicals in 2022.

The Brazil market dominated the LAMEA Paraformaldehyde Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $62.6 million by 2030. The Argentina market is showcasing a CAGR of 6.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 5.6% during (2023 - 2030).

Paraformaldehyde is used in the construction industry for the production of wood-based composite materials, adhesives, coatings, and insulation products used in building construction, furniture making, and interior finishes. Expansion of the construction projects provide new avenues for the paraformaldehyde market. For instance, as per the International Trade Administration (ITA), under the Red Sea project of Saudi Arabia Government, by the conclusion of 2023, three hotels were inaugurated, with plans for an additional 13 hotels to be launched in 2024. Upon full completion, the Red Sea Project anticipates approximately 50 hotels comprising over 8,000 rooms.

Adoption trends in the paraformaldehyde market reflect the dynamic landscape shaped by evolving industry dynamics, technological advancements, regulatory changes, and shifting consumer preferences. Emerging economies, particularly in Asia-Pacific and Latin America, are experiencing rapid industrialization, urbanization, and infrastructure development. This growth fuels demand for paraformaldehyde-based products in the construction, automotive, furniture, and consumer goods industries. Emerging markets offer significant growth opportunities for paraformaldehyde manufacturers, driven by expanding industrial sectors and increasing consumer spending.

The agrochemical industry in Brazil exerts a significant influence on the paraformaldehyde market, driving demand for seed treatment, soil fumigation, crop protection, and sustainable agriculture solutions. As per the International Trade Administration (ITA), the sector proved quite resilient during the pandemic, with significant increases in 2021 and 2022. Therefore, the increasing demand for agrochemicals in Brazil and the expansion of construction activities in the UAE is propelling the market’s growth.

Free Valuable Insights: The Worldwide Paraformaldehyde Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.

LAMEA 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)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Paraformaldehyde Market, by Application
1.4.2 LAMEA 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. LAMEA Paraformaldehyde Market, By Application
4.1 LAMEA Agrochemicals Market, By Country
4.2 LAMEA Resins Market, By Country
4.3 LAMEA Medical Market, By Country
4.4 LAMEA Others Market, By Country

Chapter 5. LAMEA Paraformaldehyde Market, By Country
5.1 Brazil Paraformaldehyde Market
5.1.1 Brazil Paraformaldehyde Market, By Application
5.2 Argentina Paraformaldehyde Market
5.2.1 Argentina Paraformaldehyde Market, By Application
5.3 UAE Paraformaldehyde Market
5.3.1 UAE Paraformaldehyde Market, By Application
5.4 Saudi Arabia Paraformaldehyde Market
5.4.1 Saudi Arabia Paraformaldehyde Market, By Application
5.5 South Africa Paraformaldehyde Market
5.5.1 South Africa Paraformaldehyde Market, By Application
5.6 Nigeria Paraformaldehyde Market
5.6.1 Nigeria Paraformaldehyde Market, By Application
5.7 Rest of LAMEA Paraformaldehyde Market
5.7.1 Rest of LAMEA 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 LAMEA Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Agrochemicals Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Agrochemicals Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Agrochemicals Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Agrochemicals Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Resins Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Resins Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Resins Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Resins Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Medical Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Medical Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Medical Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Medical Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Paraformaldehyde Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Paraformaldehyde Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Paraformaldehyde Market, By Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Paraformaldehyde Market, By Country, 2023 - 2030, Kilo Tonnes
TABLE 29 Brazil Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 30 Brazil Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 31 Brazil Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 32 Brazil Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 33 Brazil Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 34 Brazil Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 35 Brazil Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 36 Brazil Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 37 Argentina Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 38 Argentina Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 39 Argentina Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 40 Argentina Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 41 Argentina Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 42 Argentina Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 43 Argentina Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 44 Argentina Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 45 UAE Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 46 UAE Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 47 UAE Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 48 UAE Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 49 UAE Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 50 UAE Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 51 UAE Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 52 UAE Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 53 Saudi Arabia Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Saudi Arabia Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Saudi Arabia Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Saudi Arabia Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 61 South Africa Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 62 South Africa Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 63 South Africa Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 64 South Africa Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 65 South Africa Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 66 South Africa Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 67 South Africa Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 68 South Africa Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Nigeria Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 71 Nigeria Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Nigeria Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Nigeria Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 75 Nigeria Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Nigeria Paraformaldehyde Market, By Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Rest of LAMEA Paraformaldehyde Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Paraformaldehyde Market, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Paraformaldehyde Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Rest of LAMEA Paraformaldehyde Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Rest of LAMEA Paraformaldehyde Market, By Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Paraformaldehyde Market, By Application, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Paraformaldehyde Market, By Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Rest of LAMEA 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 LAMEA Paraformaldehyde Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Paraformaldehyde Market
FIG 4 Porter’s Five Forces Analysis – Paraformaldehyde Market
FIG 5 LAMEA Paraformaldehyde Market share, By Application, 2022
FIG 6 LAMEA Paraformaldehyde Market share, By Application, 2030
FIG 7 LAMEA Paraformaldehyde Market, By Application, 2019 - 2030, USD Million
FIG 8 LAMEA Paraformaldehyde Market share, By Country, 2022
FIG 9 LAMEA Paraformaldehyde Market share, By Country, 2030
FIG 10 LAMEA 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.