Global Formaldehyde Market Growth 2025-2031
The global Formaldehyde market size is predicted to grow from US$ 12560 million in 2025 to US$ 14120 million in 2031; it is expected to grow at a CAGR of 2.0% from 2025 to 2031.
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.
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%.
LP Information, Inc. (LPI) ' newest research report, the “Formaldehyde Industry Forecast” looks at past sales and reviews total world Formaldehyde sales in 2024, providing a comprehensive analysis by region and market sector of projected Formaldehyde sales for 2025 through 2031. With Formaldehyde sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Formaldehyde industry.
This Insight Report provides a comprehensive analysis of the global Formaldehyde landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Formaldehyde portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Formaldehyde market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Formaldehyde and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Formaldehyde.
This report presents a comprehensive overview, market shares, and growth opportunities of Formaldehyde market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Silver-catalytic Oxidation
Iron-molybdenum Cofactor
Segmentation by Application:
Polyformaldehyde
Pentaerythritol
MDI
1,4-Butanediol
Trialdehyde resin
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dynea
Ercros
BASF
Perstorp
Hexion
Celanese
Sadepan Chimica
Synthite
Georgia-Pacific Chemicals
Kaiyue Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Formaldehyde market?
What factors are driving Formaldehyde market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Formaldehyde market opportunities vary by end market size?
How does Formaldehyde break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.