formialdehiyde kya hota hh
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Formaldehyde is the byproduct of methanol, it is utilized in several industrial applications.
Research states that, Formaldehyde dominated the global market contributing to USD 6.2 billion in 2016. Formaldehyde is used to produce wood products such as plywood and adhesives.
The global methanol market is estimated to reach USD 100.3 billion by 2024. Asia Pacific is the fastest growing market in terms of volume, growing at a CAGR of 8.6% and is expected to maintain its dominance in future.
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