Rising Industrial Applications and Construction Boom Propel Global Formaldehyde-Free Resin Market Towards US$ 16,257 Million

The characteristics of formaldehyde-free resin include robust resistance to moisture with good adhesion properties. As such, formaldehyde-free resins are used to bind fiberglass filaments in fabricating industrial nonwovens inclusive of fiberglass webs used in the insulation of roofing, HVAC filters, and floorings. The global formaldehyde-free resin industry size was worth US$ 8,346.7 Million in the year 2022 …