North American market has shown moderate growth in various segments. Asia-Pacific countries such as India,
China, and Japan are expected to grow significantly owing to its rapidly developing plastic, automotive and
constructional market. Other regions of Europe and Latin America also been anticipated to witness steady
growth rate. China was the largest formaldehyde market globally.
Competitive Insights:
The global market players for formaldehyde market are BASF SE, Huntsman Corporation, Momentive Specialty
Chemical Inc., Celanese Corporation, Georgia-Pacific Corporation, Perstorp Formox AB, Bayer AG and Dynea Oy.
Market Segment:
Global Formaldehyde Application Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
• UF Resins
• PF Resins
• MF Resins
• Polyacetal Resins
• Pentaerythritol
• Methylenebis (4-phenyl isocyanate) (MDI)
• 1,4-butanediol
• Others
Global Formaldehyde End Use Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
• Construction
• Others (automotive, aircraft, healthcare, clothing)
Formaldehyde Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• RoW
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