Track real-time and historical formaldehyde prices across global regions. Updated monthly with market insights, drivers, and forecasts.
| Region | Price (USD/KG) | Latest Movement | 
|---|---|---|
| Northeast Asia | 0.15 | 0.4% ↑ Up | 
| Europe | 0.44 | 0.7% ↑ Up | 
| North America | 0.74 | -0.4% ↓ Down | 
The chart below highlights monthly formaldehyde prices across different regions.

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Northeast Asia: Northeast Asia experienced a notable decline in formaldehyde pricing. The region faced significant supply-side pressures as major production facilities in China resumed operations following earlier maintenance shutdowns. Demand-side factors remained mixed, with the construction sector in China showing weakness due to ongoing property market adjustments, while automotive applications maintained steady consumption patterns. Methanol feedstock costs, the primary raw material for formaldehyde production, declined significantly in the region following the resolution of earlier geopolitical tensions. Currency fluctuations, particularly the strengthening of the US dollar against regional currencies, made imports more expensive but also reduced export competitiveness.
Europe: European formaldehyde markets demonstrated resilience, with prices rising, reflecting tight supply conditions and steady industrial demand. The region benefited from strong demand in the automotive sector, particularly from Germany's robust vehicle production, while furniture manufacturing in Italy and Poland supported resin consumption. Methanol feedstock prices remained elevated compared to other regions, influenced by European carbon pricing mechanisms and environmental regulations. Currency dynamics saw the Euro maintaining relative strength against Asian currencies, making imports competitive but also supporting domestic pricing power. Compliance costs for environmental certifications and REACH regulations continued to add to the overall cost structure, particularly affecting smaller producers and importers in the region.
North America: North American formaldehyde markets experienced downward pressure, reflecting abundant domestic supply and moderate demand conditions. The United States market saw steady demand from the construction sector, supported by ongoing infrastructure projects and residential construction activity, though commercial real estate remained subdued. Automotive applications provided consistent demand, with electric vehicle battery separator production emerging as a new growth driver. Supply conditions were favorable with major Gulf Coast producers operating at high utilization rates and benefiting from competitive natural gas feedstock costs. Methanol pricing remained relatively stable, providing cost predictability for formaldehyde producers. Canadian markets followed similar trends, with steady demand from forest products industries supporting baseline consumption.
IMARC's latest publication, “Formaldehyde Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the formaldehyde market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of formaldehyde at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed formaldehyde prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting formaldehyde pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
The global formaldehyde industry size reached USD 8.68 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 14.41 Billion, at a projected CAGR of 5.51% during 2025-2033. The market is driven by the expanding construction activities worldwide, particularly in developing economies, rising automotive production, and increased consumption of formaldehyde in pharmaceutical manufacturing, medical device production, and laboratory applications.
Formaldehyde is an odorless and colorless gas which is often essential in chemical industries and in numerous manufacturing processes. This reactive compound is considered as an essential feedstock to produce a variety of materials and chemical compounds across different domains such as resins, plastics, textiles, and disinfectants. It is widely used in various industries, including automotive, construction, health care and agriculture sectors which are ideal for due to its bonding and protective properties. Production of formaldehyde is commonly carried out by catalytic oxidation of methanol, and it is the main foundation for many other monomeric derivatives and polymers. It is effective, versatile, and used as a building block in organic chemistry, which provides it with a high value in both industry and science.
| Key Attributes | Details | 
|---|---|
| Product Name | Formaldehyde | 
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Formaldehyde Price Analysis, and Segment-Wise Assessment. | 
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons | 
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, Greece* North America: United States, Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. | 
| Information Covered for Key Suppliers | 
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| Customization Scope | The report can be customized as per the requirements of the customer | 
| Report Price and Purchase Option | Plan A: Monthly Updates - Annual Subscription 
 Plan B: Quarterly Updates - Annual Subscription 
 Plan C: Biannually Updates - Annual Subscription 
 | 
| Post-Sale Analyst Support | 360-degree analyst support after report delivery | 
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) | 
Key Benefits for Stakeholders:
The formaldehyde prices in October 2025 were 0.15 USD/Kg in Northeast Asia, 0.44 USD/Kg in Europe, and 0.74 USD/Kg in North America.
The formaldehyde pricing data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for formaldehyde prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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