Formaldehyde Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

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The COVID-19 pandemic has affected business activities in the formaldehyde market. Since formaldehyde and its derivatives are virtually present in almost all end-use applications, companies in the formaldehyde market are narrowing down their focus in cleaning agents, disinfectants, and other essential products during the pandemic. This is evident since these products are witnessing unprecedented demand in countries, where a high number of active coronavirus cases is being reported, such as Australia, Canada, India, and Pakistan, among others.

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