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Global Urea Methanal Resin market was valued at US$ 8,980 million in 2023 and is projected to reach US$ 12,430 million by 2030, growing at a CAGR of 4.7% during the forecast period. This steady growth trajectory reflects the material's expanding applications across industries like construction, automotive, and electrical components. While Asia-Pacific currently leads production volumes, regulatory shifts toward sustainable adhesives in Europe are creating new growth avenues
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