You are currently viewing Procurement Resource Evaluates the Price Trends of Urea Formaldehyde Resins in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of Urea Formaldehyde Resins in its Latest Insights and Dashboard

Procurement Resource Evaluates the Price Trends of Urea Formaldehyde Resins in its Latest Insights and Dashboard

Price Trends of Urea Formaldehyde Resins in its Latest Insights and Dashboard

Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Urea Formaldehyde Resins price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Urea Formaldehyde Resins can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

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Product Description:

The forms of amino resins known as urea-formaldehyde resins are produced through the polymeric condensation of formaldehyde and urea. In addition to providing high heat distortion temperature, high tensile strength, low water absorption, high surface hardness, and other beneficial properties to these products, it is primarily used as folders in the manufacturing of adhered wood products, particleboard, plywood, medium-density fiberboard, and others.

Also Check Urea Formaldehyde Resins Production Cost Report – https://www.procurementresource.com/production-cost-report-store/urea-formaldehyde-resins

Regions Covered to Evaluate Urea Formaldehyde Resins Price Trend:

  • North America
  • South America
  • Europe
  • The Asia Pacific
  • The Middle East
  • Africa

Industrial Uses Impacting Urea Formaldehyde Resins Price Trend:

The market for urea-formaldehyde resins is divided into application, end-user industry, and geographical segments. Particle Board, Wood Adhesives, Plywood, Medium Density Fiberboard, and Other Applications are the market segments according to application. The market is divided into six categories according to end-user industry: automotive, electrical appliances, agriculture, building and construction, and other end-user industries. Particle board is a sustainable material that is created by combining wood wastes like wood chips, sawdust, and shavings with resin to create boards. Depending on the size of the particles utilised in the material, it comes in a variety of grades. Particle board often gets stronger when the particles are smaller.

Key Market Players:

  • Innophos
  • Natural Enrichment Industries
  • ICL Performance Products
  • Prayon S.A.
  • Lianyungang Debang Fine Chemical Co., Ltd.

News and Events:

Due to an erratic demand-supply mismatch, tricalcium phosphate prices fluctuated in the North American market during the first quarter of 2022. In January, prices were estimated at 3120 USD/MT, but in February, they had fallen to 2985 USD/MT. During the first quarter of 2022, prices in the Asia-Pacific area showed a changing trend, much like the pricing pattern in North America.

About Us:

Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts.