Formaldehyde Market
Formaldehyde Market - Global Industry Assessment & Forecast
Segments Covered
- By Derivatives Urea Formaldehyde (UF), Phenol Formaldehyde (PF), Melamine Formaldehyde (MF), Polyacetal, Resins, Pentaerythritol, 14 Butanediol, Methylenebis, Hexamethylenetetramine (HMTA), Other Derivatives
- By End Uses Building & Construction, Automotive, Furniture, Textile, Healthcare, Oil & Gas, Agriculture, Water Treatment, Cleaning Products, HVAC, Other End Uses
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.9 Billion |
Revenue 2030: | USD 11.4 Billion |
Revenue CAGR (2023 - 2030): | 5.4% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Formaldehyde Market Segment Analysis
- Formaldehyde Derivatives Outlook (Revenue, USD Million, 2018 - 2030)
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Formaldehyde End Uses Outlook (Revenue, USD Million, 2018 - 2030)
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
-
North America Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- U.S.
- U.S. Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- U.S. Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- U.S. Formaldehyde Market, by Derivatives
- Canada
- Canada Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Canada Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Canada Formaldehyde Market, by Derivatives
-
Mexico
- Mexico Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Mexico Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Mexico Formaldehyde Market, by Derivatives
-
North America Formaldehyde Market, by Derivatives
- Europe
-
Europe Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
-
Europe Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- U. K.
- U.K. Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- U.K. Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- U.K. Formaldehyde Market, by Derivatives
- France
- France Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- France Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- France Formaldehyde Market, by Derivatives
-
Germany
- Germany Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Germany Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Germany Formaldehyde Market, by Derivatives
-
Italy
- Italy Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Italy Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Italy Formaldehyde Market, by Derivatives
-
Spain
- Spain Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Spain Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Spain Formaldehyde Market, by Derivatives
-
Rest of Europe
- Rest of Europe Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Rest of Europe Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Rest of Europe Formaldehyde Market, by Derivatives
-
Europe Formaldehyde Market, by Derivatives
- Asia Pacific
-
Asia Pacific Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
-
Asia Pacific Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- China
- China Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- China Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- China Formaldehyde Market, by Derivatives
- Japan
- Japan Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Japan Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Japan Formaldehyde Market, by Derivatives
-
Germany
- Germany Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Germany Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Germany Formaldehyde Market, by Derivatives
-
India
- India Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- India Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- India Formaldehyde Market, by Derivatives
-
South Korea
- South Korea Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- South Korea Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- South Korea Formaldehyde Market, by Derivatives
-
South East Asia
- South East Asia Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- South East Asia Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- South East Asia Formaldehyde Market, by Derivatives
-
Rest of Asia Pacific
- Rest of Asia Pacific Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Rest of Asia Pacific Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Rest of Asia Pacific Formaldehyde Market, by Derivatives
-
Asia Pacific Formaldehyde Market, by Derivatives
- Latin America
-
Latin America Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
-
Latin America Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Brazil
- Brazil Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Brazil Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Brazil Formaldehyde Market, by Derivatives
- Argentina
- Argentina Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Argentina Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Argentina Formaldehyde Market, by Derivatives
-
Rest of Latin America
- Rest of Latin America Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Rest of Latin America Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Rest of Latin America Formaldehyde Market, by Derivatives
-
Latin America Formaldehyde Market, by Derivatives
- Middle East & Africa
-
Middle East & Africa Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
-
Middle East & Africa Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- GCC Countries
- GCC Countries Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- GCC Countries Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- GCC Countries Formaldehyde Market, by Derivatives
- South Africa
- South Africa Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- South Africa Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- South Africa Formaldehyde Market, by Derivatives
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Formaldehyde Market, by Derivatives
- Urea Formaldehyde (UF)
- Phenol Formaldehyde (PF)
- Melamine Formaldehyde (MF)
- Polyacetal
- Resins
- Pentaerythritol
- 14 Butanediol
- Methylenebis
- Hexamethylenetetramine (HMTA)
- Other Derivatives
- Rest of Middle East & Africa Formaldehyde Market, by End Uses
- Building & Construction
- Automotive
- Furniture
- Textile
- Healthcare
- Oil & Gas
- Agriculture
- Water Treatment
- Cleaning Products
- HVAC
- Other End Uses
- Rest of Middle East & Africa Formaldehyde Market, by Derivatives
-
Middle East & Africa Formaldehyde Market, by Derivatives
- North America
FAQ
Frequently Asked Question
What is the global demand for Formaldehyde in terms of revenue?
-
The global Formaldehyde valued at USD 7.9 Billion in 2022 and is expected to reach USD 11.4 Billion in 2030 growing at a CAGR of 5.4%.
Which are the prominent players in the market?
-
The prominent players in the market are Foremark Performance Chemicals (U.S.), Hexion (U.S.), Georgia-Pacific Chemicals (U.S.), Celanese Corporation (U.S.), BASF SE (Germany), Capital Resin Corporation (U.S.), Evonik Industries AG (Germany), DuPont (U.S.), Alfa Aesar (U.S.), Ashland (U.S.), Perstorp (Sweden), LRBG Chemicals Inc. (Canada).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.4% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Formaldehyde include
- Increasing Application of Formaldehyde in the Construction Industry
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Formaldehyde in 2022.