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US Formaldehyde Market

ID: MRFR/CnM/12582-HCR
100 Pages
Garvit Vyas
October 2025

US Formaldehyde Market

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US Formaldehyde Market Infographic
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US Formaldehyde Market Summary

The US Formaldehyde Market is projected to grow from 12.5 USD Billion in 2024 to 18.3 USD Billion by 2035.

Key Market Trends & Highlights

US Formaldehyde Market Key Trends and Highlights

  • The US Formaldehyde Market is expected to achieve a compound annual growth rate (CAGR) of 3.53% from 2025 to 2035.
  • By 2035, the market valuation is anticipated to reach 18.3 USD Billion, indicating robust growth potential.
  • In 2024, the market is valued at 12.5 USD Billion, reflecting a strong foundation for future expansion.
  • Growing adoption of formaldehyde-based products due to increasing demand in construction and automotive industries is a major market driver.

Market Size & Forecast

2024 Market Size 12.5 (USD Billion)
2035 Market Size 18.3 (USD Billion)
CAGR (2025 - 2035) 3.53%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Formaldehyde Market market include

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FAQs

What is the expected market size of the US Formaldehyde Market in 2024?

The US Formaldehyde Market is expected to be valued at 1.5 billion USD in 2024.

What will be the market size of the US Formaldehyde Market in 2035?

By 2035, the US Formaldehyde Market is projected to reach 2.5 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Formaldehyde Market from 2025 to 2035?

The market is expected to grow at a CAGR of 4.753% from 2025 to 2035.

Which segment of the US Formaldehyde Market is expected to have the largest market share by 2035?

Urea Formaldehyde (UF) is anticipated to have the largest market share, valued at 0.92 billion USD by 2035.

Who are the key players in the US Formaldehyde Market?

Major players include Celanese, New Market Chemicals, Mitsui Chemicals, and BASF among others.

What is the market size for Phenol-Formaldehyde (PF) in 2024?

The market for Phenol-Formaldehyde (PF) is valued at 0.45 billion USD in 2024.

What are some key applications driving the US Formaldehyde Market?

Key applications include production of resins, adhesives, and various chemical derivatives.

What is the expected market size for Melamine Formaldehyde (MF) by 2035?

Melamine Formaldehyde (MF) is projected to reach a market size of 0.56 billion USD by 2035.

How is the Polyacetal Resins segment expected to grow by 2035?

The Polyacetal Resins segment is expected to grow to 0.25 billion USD by 2035.

What challenges are currently faced by the US Formaldehyde Market?

Challenges include regulatory scrutiny and environmental concerns surrounding formaldehyde emissions.

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