North America Urea Formaldehyde Resin Market is expected to reach $917.7 Million in 2018 The North American Urea Formaldehyde Resin Market report defines and segments the urea formaldehyde resin market in North America with analysis and forecast of revenue http://www.micromarketmonitor.com/market/north-america-urea-formaldehyde-resin-5727117393.html
Urea formaldehyde (UF) resin is an opaque, cross-linked, thermosetting polymer produced by condensation of urea and formaldehyde in an aqueous solution in the presence of ammonia as an alkaline catalyst. UF resins “Keyplayers players in Key inthis themarket North areAmerica Hitachi, Shin-Etsu Urea Chemical Co., Ltd., Lynas Formaldehyde Resin Corporation, Ltd., Molycorp Market are BASF Chemicals and Oxides, Chemicals, Tembec, Hangzhou Permanent Allnex Belgium Sa, Magnet Group, Ningbo Chimica Pomponesco Yunsheng High-tech S.p.A, Advachem SA & Magnetics Co., Ltd., Daido Steel Co.,others. Ltd., and JPMF
are widely preferred for bonding wood-based panels due to its high reactivity and performance at low costs. UF Resins have a major application as an adhesive for particle board, medium density board (MDF), roofing mat, molding compound, plywood, and adhesives & coatings. In North America, the particle board segment is the largest consumer with a share of 30.1%, followed by MDF with 22.7%, plywood with 22.3%, and roofing mat with 14.7%.
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