Urea Formaldehyde Resin (UFR) is widely used in synthetic resins and is chemically known as urea-methanol, which are used in the production of composite panel products such as Medium Density Fiberboard (MDF) and Particleboard (PB). UF resins are currently used in combination with other resin systems and scavengers to meet reduced formaldehyde emission requirements in the final panel products. Urea Formaldehyde Resin (UFR) is widely used as a non-transparent thermo setting resin or plastic and is made from urea and is heated in the presence of a mild base such as ammonia or pyridine mostly used in adhesives, wooden carving, and medium-density fiberboard electrical components, and sometimes molded into objects.
In the past 20 years, China has become one of the largest producers of furniture. China surpassed Canada and has become world’s second largest producers of sawn wood after the U.S. It also produces wood-based panels, paperboard in extensive proportion. It was estimated to be the largest exporter of wood-based panels in the global market.
Browse through the market data tables, figures and detailed TOC on the “Ethylene Vinyl Acetate Market”.
http://www.micromarketmonitor.com/market/asia-pacific-urea-formaldehyde-resin-7877103988.html
Related Reports
North America Urea Formaldehyde Resin Market
North America’s wood panel industry is growing from past few years. The demand of wood panels from the countries such as U.S. and Canada are contributing largely in the region’s wood production. The pulp and paper production and consumption is growing appreciably after the economic recession in 2008-2009. The estimated growth rate of 2.8% is expected to be seen in the region’s wood production in the coming years. U.S. is the major consumer of urea formaldehyde resin in North America, accounting for almost 66.9% of the total consumption. Subsequent to U.S. are Mexico and Canada.
Presently, the demand for fiber glass mat, which is made with fiber glass strands bonded with urea formaldehyde, and new American Roofing Manufacturers Association (ARMA) regulations have increased pressure to develop chemical bonding systems with greater strength and more flexibility.

http://www.micromarketmonitor.com/market/north-america-urea-formaldehyde-resin-5727117393.html

Europe Urea Formaldehyde Resin Market

The Europe Urea Formaldehyde Resin Market had around 37% of the market share value in 2013, and is growing at a CAGR of 8.6%, for the period 2013-2018. Europe Urea formaldehyde resin market has grown considerably during the past few years and is expected to grow at a rapid pace in the coming years. Currently, more than half of the total global market is in manufacturing adhesives because of its high reactivity, wonderful performance, and low price. Germany is the largest consumer of urea formaldehyde resins in Europe, consuming about 12% of the total global demand in 2013.

In the European region, the wood panel industry saw a slow growth in past few years but is slowly gaining pace. The average regional wood panel production grew by 1.5% - 2.5% in 2011 as compared to 2010. The demand of wood panels from countries such as Germany, Italy and Russia are contributing largely in the region’s wood production.
http://www.micromarketmonitor.com/market/europe-urea-formaldehyde-resin-2264396414.html

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