Qyresearch： formaldehyde detectors will reach 104 m usd in 2022

QYResearch: Formaldehyde Detectors Will Reach 104 M USD in 2022

QYResearch: Formaldehyde Detectors Will Reach 104 M USD in 2022

Published by QYResearch July 2017

Email: sales@qyresearch.com; Tel: 0086-2086655165 +8613660489419; www.qyresearch.com

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QYResearch: Formaldehyde Detectors Will Reach 104 M USD in 2022

Analyst : Conki Company: QYResearch 1. According to QYR, In the past five years from 2012 to 2016, global Formaldehyde Detectors production revenue market scale was from 73.58 million US dollars to $ 83.23 million. It is estimated to reach 86.29 million dollars by 2017 and 103.81 million dollars by 2022, with the CAGR of 3.77% in terms of revenue over the period 2017-2022.

2. The Formaldehyde Detectors consumption volume was 143.63 K Units in 2016 and is expected to reach 153.10 K Units in 2017 and 211.35 K Units in 2022, growing at a CAGR of 6.66% from 2017 to 2022. China`s sales volume accounted for the highest market share (59.65%) in 2016, followed by the Europe and North America.

3. At present, the manufactures of Formaldehyde Detectors are concentrated in North America, Europe, China and Asia-Pacific (excluding China). China is the largest production area in the world, which occupied about 55.17% in 2015. The following areas are Europe and North America. The global leading players in this market are RAE System, Riken Keiki, New Cosmos, Extech, Begood, PPM Technology, etc.

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Email: sales@qyresearch.com; Tel: 0086-2086655165 +8613660489419; www.qyresearch.com

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