Report overview
Formaldehyde (systematic name methanal) is a naturally occurring organic compound with the formula CH2O (H-CHO). It is the simplest of the aldehydes (R-CHO). The common name of this substance comes from its similarity and relation to formic acid.
This report aims to provide a comprehensive presentation of the global market for Formaldehyde, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Formaldehyde. This report contains market size and forecasts of Formaldehyde in global, including the following market information:
Global Formaldehyde Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Formaldehyde Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Formaldehyde companies in 2022 (%)
The global Formaldehyde market was valued at US$ 12730 million in 2022 and is projected to reach US$ 14440 million by 2029, at a CAGR of 1.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Formaldehyde market include Hexion, Celanese, Dynea, etc. The top 3 players occupy about 5% shares of the global market. China and Europe are main markets, they occupy about 60% of the global market. Silver-catalytic Oxidation is the main type, with a share about 80%. Trialdehyde resin is the main application, which holds a share about 50%.
We surveyed the Formaldehyde manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Formaldehyde Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Formaldehyde Market Segment Percentages, by Type, 2022 (%)
Silver-catalytic Oxidation
Iron-molybdenum Cofactor
Global Formaldehyde Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Formaldehyde Market Segment Percentages, by Application, 2022 (%)
Polyformaldehyde
Pentaerythritol
MDI
1,4-Butanediol
Trialdehyde resin
Others
Global Formaldehyde Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Formaldehyde Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Formaldehyde revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Formaldehyde revenues share in global market, 2022 (%)
Key companies Formaldehyde sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Formaldehyde sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dynea
Ercros
BASF
Perstorp
Hexion
Celanese
Sadepan Chimica
Synthite
Georgia-Pacific Chemicals
Kaiyue Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Formaldehyde, market overview.
Chapter 2: Global Formaldehyde market size in revenue and volume.
Chapter 3: Detailed analysis of Formaldehyde manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Formaldehyde in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Formaldehyde capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
