#Paraformaldehyde Market

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Paraformaldehyde Market is Estimated to Witness High Growth Owing to Increasing Application in Resins and Filtration Processes

Paraformaldehyde is an organic compound that is widely used in many applications such as resins, disinfectants, filtration processes, pharmaceuticals and others. It is a polymerized form of formaldehyde that contains 90-95% of formaldehyde by weight. The compound is extensively utilized to produce urea-formaldehyde resins, which are then applied in engineered wood products and in producing fertilizers. It also finds application as a preservative and disinfectant in medical applications due to its ability to kill fungi and bacteria. The global paraformaldehyde market is estimated to be valued at US$ 419.8 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Increasing application in resins and filtration processes: Paraformaldehyde finds major application in producing urea-formaldehyde resins, which are used to manufacture engineered wood products and as fertilizers. It is a key ingredient in producing filtration media used for removing bacteria and other organic impurities from water. The increasing demand for engineered wood products from construction and furniture industries along with rising need for clean drinking water will spur the demand for paraformaldehyde over the forecast period. The high growth of these end-use industries is expected to remain the primary driver for increasing consumption of paraformaldehyde during the forecast period. However, the strict regulations regarding formaldehyde emissions may hinder market growth. SWOT Analysis Strength: Parafformaldehyde is used in various industries such as construction, automotive, textile, coatings and others which drives its demand. Its antimicrobial properties make it suitable for disinfectant applications. Easy availability of raw materials for manufacturing paraformaldehyde is also a major strength. Weakness: Paraformaldehyde is highly flammable in nature which makes its handling and transportation risky. Strict environmental regulations around the world regarding its emission can restrain the market growth. Allergies caused due to prolonged exposure to paraformaldehyde is another concern. Opportunity: Growing construction industry worldwide especially in Asia Pacific creates new opportunities for paraformaldehyde market. Its increasing application as a preservative and fixative agent in the medical industry also presents growth prospects. Emerging applications in the production of polymeric methylene diphenyl diisocyanate (pMDI) will drive future demand. Threats: Volatile prices of raw materials required for paraformaldehyde synthesis can increase its overall cost of production. Substitution threat from alternative disinfectants and preservatives may limit the market growth over the forecast period. Stringent regulations around the world to reduce VOC emissions can restrict its application scope. Key Takeaways The global paraformaldehyde market size is expected to witness high growth over the forecast period of 2023 to 2030. Regional analysis: Asia Pacific region currently dominates the market and is expected to grow at the fastest pace during the forecast period. This is attributed to rapid industrialization and infrastructure development activities in countries like India and China. The growing construction industry in Asia Pacific creates significant demand for paraformaldehyde. Key players: Key players operating in the paraformaldehyde market are Siemens AG, Dragerwerk AG & Co. KGaA, Getinge AB, GE Healthcare, Hill-Rom Holdings Inc, Medtronic plc, Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA. Siemens AG is one of the leading players focusing on developing innovative products for critical care units in hospitals. Get more insights on this topic: https://www.newswirestats.com/paraformaldehyde-market-size-and-outlook/ Explore more information, Please visit:https://masstamilan.in/procurement-outsourcing-a-viable-option-to-reduce-costs-and-improve-efficiencies/

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Paraformaldehyde (PFA) Prices Trend | Pricing | News | Database | Chart

Paraformaldehyde (PFA) is a polymerized form of formaldehyde widely used across various industries, including agriculture, chemicals, pharmaceuticals, and resins. The pricing dynamics of paraformaldehyde are shaped by multiple factors, including raw material costs, demand fluctuations, regional market trends, and macroeconomic conditions. Formaldehyde, the primary feedstock for paraformaldehyde production, is closely linked to methanol prices. As methanol experiences price volatility due to shifts in crude oil prices, natural gas availability, and geopolitical influences, the cost of paraformaldehyde also tends to fluctuate. Additionally, the production of paraformaldehyde is energy-intensive, making energy prices a significant determinant in its cost structure.

The agricultural sector constitutes a significant share of paraformaldehyde consumption, particularly as a raw material in the manufacturing of herbicides and pesticides. Seasonal demand for agricultural chemicals often influences paraformaldehyde prices, with peaks during planting seasons. The pharmaceutical industry also contributes to the demand for paraformaldehyde, where it is used in various medical applications, including as a disinfectant and in tissue fixation. Any increase in pharmaceutical activity, whether due to population growth or public health initiatives, can lead to heightened demand and a corresponding rise in paraformaldehyde prices.

Get Real time Prices for Paraformaldehyde (PFA): https://www.chemanalyst.com/Pricing-data/paraformaldehyde-pfa-1195

Geographically, the paraformaldehyde market exhibits varying pricing trends influenced by regional production capacities, import-export dynamics, and local regulatory frameworks. For instance, Asia-Pacific, being a hub for chemical production, typically benefits from lower manufacturing costs due to economies of scale and the availability of raw materials. In contrast, markets in North America and Europe often face higher production costs due to stricter environmental regulations and higher labor costs. This regional disparity in production economics affects global trade flows, with Asia-Pacific emerging as a significant exporter of paraformaldehyde.

The rise in environmental awareness and regulatory pressures worldwide has also impacted the paraformaldehyde market. Producers are increasingly investing in sustainable and eco-friendly manufacturing processes to meet stringent emission norms. While these advancements contribute to long-term sustainability, they often result in higher short-term production costs, influencing paraformaldehyde prices. Furthermore, the market is witnessing a shift towards bio-based alternatives to paraformaldehyde, which could alter traditional pricing dynamics in the future.

Another critical aspect affecting paraformaldehyde prices is technological advancements in production processes. Innovations aimed at enhancing production efficiency and reducing waste have enabled some manufacturers to lower production costs, thereby offering competitive pricing. However, the adoption of advanced technologies often requires significant capital investment, which could act as a barrier for smaller players in the market. This technological divide creates a competitive landscape where larger players with advanced facilities dominate the market, influencing overall price trends.

The competitive landscape of the paraformaldehyde market also plays a pivotal role in determining prices. Leading manufacturers engage in strategic pricing to gain a competitive edge, often leveraging their scale of operations to offer more competitive rates. However, smaller players, lacking such economies of scale, may face challenges in maintaining profitability, especially during periods of price volatility. Mergers, acquisitions, and collaborations among key industry players also influence market dynamics, potentially leading to consolidation and altered pricing structures.

Environmental, social, and governance (ESG) criteria are increasingly becoming a focal point for stakeholders in the paraformaldehyde market. Investors and consumers alike are prioritizing sustainable practices, prompting manufacturers to adopt cleaner production methods. While this shift enhances the market's long-term viability, it also introduces additional costs that may affect pricing in the short to medium term. Companies that proactively align their operations with ESG goals may face initial financial burdens but stand to gain in terms of brand reputation and market share.

Market forecasts indicate a steady growth trajectory for the paraformaldehyde industry, driven by its diverse applications and rising demand from emerging economies. Industrialization and urbanization in countries like India, China, and Brazil are creating new opportunities for paraformaldehyde manufacturers. As these markets expand, they are likely to contribute to increased global demand, potentially exerting upward pressure on prices. However, this growth is not without challenges, as economic slowdowns or trade restrictions in these regions could impact market dynamics.

Raw material availability and cost remain critical to the paraformaldehyde pricing structure. Any disruption in methanol supply, whether due to natural calamities or policy changes, directly impacts formaldehyde production, and by extension, paraformaldehyde prices. Additionally, the availability of alternative raw materials or substitutes could influence pricing trends. Research and development efforts aimed at identifying cost-effective and sustainable raw materials are gaining traction, which could shape future price trajectories.

In conclusion, the paraformaldehyde market operates within a complex framework of interrelated factors, each contributing to its pricing dynamics. From raw material costs and energy prices to regional market trends and regulatory pressures, the factors influencing paraformaldehyde prices are multifaceted. As the industry navigates challenges such as supply chain disruptions, technological advancements, and environmental regulations, stakeholders must remain agile to adapt to changing market conditions. The future of paraformaldehyde pricing will likely hinge on balancing the dual imperatives of economic efficiency and sustainability, ensuring the market's resilience amidst evolving global trends.

Get Real time Prices for Paraformaldehyde (PFA): https://www.chemanalyst.com/Pricing-data/paraformaldehyde-pfa-1195

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Digital Light Processing DLP Projector Market Size, Share, Growth, Trends [2032]

Digital Light Processing DLP Projector Market provides in-depth analysis of the market state of Digital Light Processing DLP Projector manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Light Processing DLP Projector in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Digital Light Processing DLP Projector Market Report:

The report offers a comprehensive and broad perspective on the global Digital Light Processing DLP Projector Market.

The market statistics represented in different Digital Light Processing DLP Projector segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Digital Light Processing DLP Projector are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Digital Light Processing DLP Projector.

Major stakeholders, key companies Digital Light Processing DLP Projector, investment feasibility and new market entrants study is offered.

Development scope of Digital Light Processing DLP Projector in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Light Processing DLP Projector Market

Advancement is elaborated in this report. The upstream and downstream components of Digital Light Processing DLP Projector and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/digital-light-processing-dlp-projector-market-100556

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[growthofcarsharingmarket]

During the forecast period, the global paraformaldehyde market is expected to grow by around 5.3%. The polymer form of formaldehyde is known as paraformaldehyde that is widely used in the production of synthetic resins such as phenolic resins, thiourea, and melamine formaldehyde resins, as well as a formalin alternative in the production of resinous binding materials.

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This quarter, the Paraformaldehyde Prices in the US showcased a feeble price trend in the succeeding months. In Dec, the price of Paraformaldehyde in the USA declined to USD 1727/ton FOB Michigan. The price of Paraformaldehyde declined significantly with limited trading activity. The rising production rate among the enterprises and the declining feedstock Methanol market resulted in such a price trend. In terms of supply, sufficient inventories among the ports affected the Paraformaldehyde price trend, and concerns about the risk of regional economic recession remained. Profit margin and revenue among the major enterprises also declined with low purchasing and lower bidding for the new stock.

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According to the report, the paraformaldehyde market revenue is expected to reach a valuation of USD 1.3 billion by the end of 2027.

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Paraformaldehyde (PFA) Prices | Pricing | Trend | News | Database | Chart | Forecast

Paraformaldehyde prices is a key chemical in the industrial and research sectors, known for its extensive use in various applications such as in the production of resins, adhesives, and disinfectants. Understanding paraformaldehyde prices is crucial for businesses and researchers who rely on this compound for their processes. The price of paraformaldehyde can fluctuate due to several factors, including raw material costs, production methods, supply chain dynamics, and market demand. Typically, paraformaldehyde is sold in various concentrations and packaging sizes, which can further influence its cost. Market conditions, such as global economic trends and trade policies, also play a significant role in determining its price.

One of the primary factors affecting paraformaldehyde prices is the cost of its raw material, formaldehyde. Formaldehyde is produced from natural gas and methanol, and any changes in the prices of these commodities can directly impact the cost of paraformaldehyde. Additionally, the production process itself is a significant factor; advancements in technology and shifts in production methods can either drive prices up or down. For example, more efficient manufacturing processes may lower production costs, which could result in reduced prices for paraformaldehyde. Conversely, stricter environmental regulations or increased production costs can lead to higher prices.

Get Real Time Prices for Paraformaldehyde: https://www.chemanalyst.com/Pricing-data/paraformaldehyde-pfa-1195

Supply chain issues also contribute to the variability in paraformaldehyde prices. Disruptions in transportation, changes in import/export policies, or issues with the supply of raw materials can cause price fluctuations. For instance, geopolitical tensions or natural disasters that affect the production or transportation of formaldehyde can lead to shortages, thereby increasing paraformaldehyde prices. Companies that rely on paraformaldehyde for their operations must stay informed about these factors to anticipate potential changes in costs and manage their budgets effectively.

The demand for paraformaldehyde in different industries also impacts its price. In the manufacturing sector, paraformaldehyde is used in the production of various polymers and resins, which are essential in creating products like plywood, particleboard, and other composite materials. An increase in the demand for these end products can drive up the need for paraformaldehyde, leading to higher prices. Similarly, in the medical and research fields, paraformaldehyde is used as a fixative in histology and pathology. An increase in research activities or a rise in medical diagnostic procedures can also affect its demand and price.

Regional variations in paraformaldehyde prices are another important consideration. Prices can differ significantly from one region to another due to factors such as local production capacities, regulatory environments, and regional demand. For instance, countries with substantial production facilities may have lower prices due to reduced transportation and logistics costs, while regions that rely heavily on imports might experience higher prices. Additionally, local regulations and safety standards can affect production costs, which in turn can influence the final price of paraformaldehyde in different markets.

Another aspect influencing paraformaldehyde prices is the level of competition among suppliers. In regions where multiple suppliers are competing for market share, prices may be more competitive, leading to lower costs for buyers. Conversely, in markets with limited suppliers or high barriers to entry, prices may be higher due to reduced competition. It is also important for buyers to consider the reputation and reliability of suppliers, as these factors can affect not only the price but also the quality and consistency of paraformaldehyde.

Seasonal variations and trends can also play a role in paraformaldehyde pricing. For example, during periods of high demand or supply chain disruptions, prices may spike. Conversely, during off-peak seasons or when there is an oversupply of paraformaldehyde, prices may decrease. Businesses that use paraformaldehyde should monitor these trends and plan their procurement strategies accordingly to optimize their costs.

In conclusion, paraformaldehyde prices are influenced by a complex interplay of factors including raw material costs, production processes, supply chain dynamics, market demand, regional variations, and competition among suppliers. Businesses and researchers relying on paraformaldehyde need to stay informed about these variables to effectively manage their costs and maintain operational efficiency. By understanding the factors that impact paraformaldehyde prices, they can make better decisions regarding procurement and budgeting, ultimately contributing to more effective and cost-efficient operations.

Get Real Time Prices for Paraformaldehyde: https://www.chemanalyst.com/Pricing-data/paraformaldehyde-pfa-1195

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[bloggerthrive]

The potential recovery scenarios over the forecast period are emphasised in the worldwide Paraformaldehyde market research report. The research provides an outlook of the paraformaldehyde market for the years 2020 to 2028 for the reference case and the severe COVID case. Factors influencing the growth of the paraformaldehyde market.

Read More:

https://knackersblogger.blogspot.com/2022/08/the-global-paraformaldehyde-market-size.html

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Paraformaldehyde Market Share 2021, Share Analysis, Development by Top Companies, Global Industry Outlook, Growth Prospects and Key Opportunities by 2027

Overview

The mounting product volumes of paraformaldehyde are encouraging the market’s development. Reports that assess the chemicals and material industry have been presented by Market Research Future, which creates reports on numerous industry verticals that examine the market progress and forecasts. The market is poised to attain earnings worth 802.85 Million by 2023 while increasing with a CAGR of 6.2 % in the approaching years.

The application of paraformaldehyde as a resin is expected to bolster the market growth in the forecast period. The elevated demand level being observed from the plastic industry, pharmaceutical, and agrochemical industry is expected to boost the progress of the paraformaldehyde market in the coming years.

Segmental Analysis

The segmental assessment of the paraformaldehyde market is segmented on the basis of end-user and region. The end user segment of the paraformaldehyde market comprises of pharmaceutical, plastic industry, agrochemical, and others. The plastic and agrochemicals industries comprise of applications such as resins and herbicides continue to be the uppermost end-use applications of paraformaldehyde in countries such as China and the United States. Most paraformaldehyde used by the agrochemicals industry is for the herbicides such as butachlor, bismerthiazol acetochlor, and glyphosate. On the basis of regions, the paraformaldehyde market is segmented into Europe, North America, APAC, Middle East & Africa and Latin America.

Competitive Analysis

The conception of prodigious competitive advantages is likely to support the progress of the market. The surge in the market is credited to the presence of favorable market forces are expected to complement the development of the market. The positive reinforcement of the forces of demand and supply is expected to lift the market growth in the coming years. The synergies achieved in the manufacturing of the goods in the market are enhanced, leading to better growth prospects. The availability of productive resources is expected to further the progress of the market in the forecast period. The increased transaction level in the market is expected to spur an accelerated level of growth in the market. A considerable ascension in the number of promoters in the market is estimated to form a beneficial outlook for market growth in the projected period. The relaxation of the barriers to the entry of new players in the market is expected to encourage the expansion of the market in the impending years.

The significant players of the Paraformaldehyde Market are Celanese Corp. (US), Alfa Aesar (US), Alder S.p.A (Europe), Inter Atlas Chemica (UK), LCY Chemical Corp. (Taiwan), INEOS Group AG (Switzerland), CHEMANOL (SA), Shouguang Xudong Chemical Co Ltd (China), Nantong Jiangtian Chemicals Co. Ltd. (China), Shandong Tuobo Plastics Products Co., Ltd. (China), and others.

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 Detailed Regional Analysis     

The regional examination of the paraformaldehyde market covers regions such as Europe, APAC, North America, Middle East & Africa, and Latin America. The Asia Pacific region is the fastest expanding market and is likely to develop during the forecast period. The factors influencing its growth are the consumption and production of paraformaldehyde in emerging economies. In China, the growing demand for the plastic and agrochemical industries are the core drivers of the paraformaldehyde market.  The North American region is the subsequent major regional market and is anticipated to observe a significant rise related to the growth in pharmaceutical and plastic industries shadowed by the European region due to progress in the technology in the plastic industry. The Middle East and Latin American region are additionally expected to observe slow growth due to amplified production of rubber, papermaking, plastics, and leather throughout the forecast period. 

Industry Updates:

April 2019 Prefere Resins Holding GmbH is buying INEOS Melamines and Paraform in the coming months. The agreement is expected to cover sites in the US, Germany, and Indonesia. INEOS Paraform is Europe’s next chief manufacturer of paraformaldehyde.

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Paraformaldehyde Market Report is expected to grow at CAGR XX% by 2028. Paraformaldehyde Market Report was $XX Million in 2020 and is expected to reach $XX Billion by the forecasted period 2021 to 2028. The Paraformaldehyde Market report offers a de

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Paraformaldehyde Market Outlook to 2023: Share Analysis, Revenue Forecast and Applications Insights

28th May 2019 – Global Paraformaldehyde Market is anticipated to witness an exponential growth in the forecast period. Paraformaldehyde is a low molecular polycondensation compound of methylene glycol with the nature of formaldehyde. It is formed by polymerization of methanol by heating and is usually white crystalline in nature.

The factors that propel the growth of the market include increasing population, and growing demand as a fumigant, disinfectant, fixative, and fungicide. Moreover, increasing demand for paraformaldehyde as a hygienic & medical disinfector in medicine and pharmaceuticals sector is likely to boost the market growth. On the other hand, there are factors that may hamper the growth of the market including side effects like cancer and nasal & ocular irritation.

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The market is anticipated to grow at a CAGR of 5.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The latest trend gaining huge traction in the market is growing demand for resins by the shipping industry. The shipping industry was stagnant in the past but has been recording a substantial growth in the recent years. There is a growing demand for sail boats, power boats, speed boats, and cruise ships that has led to a surge in marine traffic.

The market could be explored by application and geography. The key applications that could be explored in the market include Resins, Agrochemical, and Medical application. The “Agrochemical” segment led the market in 2016 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of market include rising population, and growing usage in the production.

Key vendors

• Alder S.p.A

• Asahi Kasei Corporation

• Celanese Corporation

• Chang Chun Group

• Methanol Chemicals Co

• Ercros, S.A.

• Ineos Group Limited

Report contents include

• Analysis of the paraformaldehyde market including revenues, future growth, market outlook

• Historical data and forecast

• Regional analysis including growth estimates

• Analyzes the end user markets including growth estimates.

• Profiles on paraformaldehyde including products, sales/revenues, and market position

• Market structure, market drivers and restraints.

Request a Sample Copy of Paraformaldehyde Market Report

Asia-Pacific accounted for the major share of the paraformaldehyde market in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increasing production of paraformaldehyde in China, increasing development in automotive, construction, and agricultural sectors, substantial rise pertaining to growth in pharmaceutical, oil & gas, and automotive industries, and increasing disposable income. Asia-Pacific is likely to be followed by Europe and North America owing to increased production of pentaerythritol, laminates, MDI and wood panels in the years to come.

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Paraformaldehyde Market 2025 Major Trends, Regional Analysis and Outlook

18 March 2019: Global Paraformaldehyde Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The Paraformaldehyde Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in Paraformaldehyde Business, Market Share of Product, Application and Regional Scope of Paraformaldehyde which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.

The market is anticipated to grow at a CAGR of 5.3% in the upcoming period as the scope, product types, and its applications are increasing across the globe. The latest trend gaining huge traction in the market is growing demand for resins by the shipping industry.

Ask for Sample report: https://www.millioninsights.com/industry-reports/paraformaldehyde-market/request-sample

 The factors that propel the growth of the market include increasing population, and growing demand as a fumigant, disinfectant, fixative, and fungicide. Moreover, increasing demand for paraformaldehyde as a hygienic & medical disinfector in medicine and pharmaceuticals sector is likely to boost the market growth. On the other hand, there are factors that may hamper the growth of the market including side effects like cancer and nasal & ocular irritation.

The market could be explored by application and geography. The key applications that could be explored in the market include Resins, Agrochemical, and Medical application. The “Agrochemical” segment led the market in 2016 and will continue to lead in the forecast period. The key factors that may be attributed to the growth of market include rising population, and growing usage in the production.

Some of the key players that fuel the growth of the paraformaldehyde market comprise Caldic, Alfa Aesar, Ekta International, Chang Chun Group, Kothari Phytochemicals & Industries, GFS Chemicals, NANGTON JIANGTIAN CHEMICALS, Alder, LCY Group, Simalin Chemicals Industries, Shouguang Xuedong Chemical.

For detailed Information of Market Dynamics, Size, Trends, Visit our report at:  https://www.millioninsights.com/industry-reports/paraformaldehyde-market

 Market Segment:

Key regions

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Key vendors

• Alder S.p.A

• Asahi Kasei Corporation

• Celanese Corporation

• Other

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