| Product Code: ETC7556080 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s urea formaldehyde resin import market in 2024 continued to be dominated by top exporters such as China, Germany, Spain, Japan, and Singapore. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market saw a modest compound annual growth rate (CAGR) of 2.52% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024, with a decrease of -14.82%. This data suggests a shifting landscape in the import market for urea formaldehyde resin in India, highlighting the importance of monitoring and adapting to changing trends.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Urea Formaldehyde Resin Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Urea Formaldehyde Resin Market Revenues & Volume, 2021 & 2031F |
3.3 India Urea Formaldehyde Resin Market - Industry Life Cycle |
3.4 India Urea Formaldehyde Resin Market - Porter's Five Forces |
3.5 India Urea Formaldehyde Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Urea Formaldehyde Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Urea Formaldehyde Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for urea formaldehyde resin in the construction industry due to its properties such as water resistance and durability. |
4.2.2 Growth in the furniture industry in India, leading to higher consumption of urea formaldehyde resin for manufacturing wood-based products. |
4.2.3 Government initiatives promoting the use of eco-friendly and sustainable materials, driving the adoption of urea formaldehyde resin in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of urea formaldehyde resin, impacting the overall production cost. |
4.3.2 Stringent environmental regulations related to formaldehyde emissions, leading to compliance challenges for manufacturers in the industry. |
5 India Urea Formaldehyde Resin Market Trends |
6 India Urea Formaldehyde Resin Market, By Types |
6.1 India Urea Formaldehyde Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Urea Formaldehyde Resin Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Urea Formaldehyde Resin Market Revenues & Volume, By Urea Formaldehyde Resin Power, 2021- 2031F |
6.1.4 India Urea Formaldehyde Resin Market Revenues & Volume, By Urea Formaldehyde Resin Solution, 2021- 2031F |
6.2 India Urea Formaldehyde Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Urea Formaldehyde Resin Market Revenues & Volume, By Composite Panel Products, 2021- 2031F |
6.2.3 India Urea Formaldehyde Resin Market Revenues & Volume, By Electrical Plastic Product, 2021- 2031F |
6.2.4 India Urea Formaldehyde Resin Market Revenues & Volume, By Industrial Abrasives, 2021- 2031F |
6.2.5 India Urea Formaldehyde Resin Market Revenues & Volume, By Others, 2021- 2031F |
7 India Urea Formaldehyde Resin Market Import-Export Trade Statistics |
7.1 India Urea Formaldehyde Resin Market Export to Major Countries |
7.2 India Urea Formaldehyde Resin Market Imports from Major Countries |
8 India Urea Formaldehyde Resin Market Key Performance Indicators |
8.1 Environmental certifications obtained by manufacturers indicating compliance with formaldehyde emission standards. |
8.2 Adoption rate of urea formaldehyde resin in emerging applications such as automotive and electronics industries. |
8.3 Investment in research and development for the development of innovative urea formaldehyde resin products with enhanced properties. |
9 India Urea Formaldehyde Resin Market - Opportunity Assessment |
9.1 India Urea Formaldehyde Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Urea Formaldehyde Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Urea Formaldehyde Resin Market - Competitive Landscape |
10.1 India Urea Formaldehyde Resin Market Revenue Share, By Companies, 2024 |
10.2 India Urea Formaldehyde Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |