India Powdered Paraformaldehyde and Powdered Resins Market - Forecast(2021 - 2026)
India Powdered Paraformaldehyde and Powdered Resins Market size is forecast to reach $65.8 million by 2026, after growing at a CAGR of 5.7% during 2021-2026. Growth of the India powdered paraformaldehyde and powdered resins market is mainly attributed to its wide-ranging applications across furniture, textile, automotive, pharmaceuticals and various other applications. Rising demand for powdered paraformaldehyde in the formulation of fixatives is anticipated to drive the growth of the market. Additionally, in future, the rising demand for powdered paraformaldehyde and powdered resins in the production of agrochemicals is expected to provide opportunities for the market growth. Furthermore, increase in the demand for raw materials such as powdered paraformaldehyde for the production of thermosetting resins will upsurge the India powdered paraformaldehyde and powdered resins industry over the forecast period. Covid-19 Impact The rapid expansion of coronavirus has had a huge ...