Urea-Formaldehyde Resin Price Trend

Urea-Formaldehyde Resin Price Trend, Index and Forecast

Track the latest insights on urea-formaldehyde resin price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Urea-Formaldehyde Resin Prices Outlook Q2 2025

• USA: US$ 407/MT
• China: US$ 250/MT
• Germany: US$ 361/MT
• Saudi Arabia: US$ 375/MT
• Japan: US$ 422/MT

Urea-Formaldehyde Resin Price Chart

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During the second quarter of 2025, the urea-formaldehyde resin prices in the USA reached 407 USD/MT in June. In the USA, the price of urea-formaldehyde resins this quarter was influenced by fluctuations in raw material costs, especially natural gas and urea, which are key inputs for resin production. The demand from the construction and automotive sectors remained stable, with a focus on durable materials for furniture and building applications. Supply chain disruptions, particularly in transportation, impacted inventory levels and lead times. Additionally, regulatory pressures related to formaldehyde emissions influenced production adjustments, while import pricing trends from major suppliers affected overall market competitiveness.

During the second quarter of 2025, urea-formaldehyde resin prices in China reached 250 USD/MT in June. In China, urea-formaldehyde resin prices were affected by domestic production constraints and fluctuations in raw material availability, particularly urea, due to tighter environmental regulations and government interventions in the chemical sector. Demand from the furniture and construction industries remained steady, but supply-side challenges in the form of energy costs and manufacturing slowdowns influenced pricing strategies. The devaluation of the yuan also impacted the import competitiveness of resin, while trade policies related to formaldehyde safety standards created additional volatility in the market.

During the second quarter of 2025, the urea-formaldehyde resin prices in Germany reached 361 USD/MT in June. In Germany, the price of urea-formaldehyde resin was influenced by rising raw material costs, particularly for urea, which is heavily impacted by energy prices in the European Union. The construction and automotive sectors showed consistent demand, though supply chain constraints related to transportation and port congestion added to costs. Environmental regulations concerning the emissions of formaldehyde prompted refinements in manufacturing processes, further driving production expenses. Additionally, the fluctuation in the euro exchange rate affected import competitiveness, especially from Asia.

During the second quarter of 2025, the urea-formaldehyde resin prices in Saudi Arabia reached 375 USD/MT in June. In Saudi Arabia, urea-formaldehyde resin prices were influenced by fluctuations in the price of natural gas, a critical feedstock for resin production. The construction sector's demand for resins remained robust, bolstered by large infrastructure projects, while the furniture and automotive industries showed consistent interest in durable materials. Import constraints due to logistical issues and the government's focus on enhancing local manufacturing capacity influenced market dynamics. Additionally, the strong government push for sustainability and environmental standards in chemical production led to investment in cleaner technologies.

During the second quarter of 2025, the urea-formaldehyde resin prices in Japan reached 422 USD/MT in June. In Japan, the price of urea-formaldehyde resin was impacted by the cost of raw materials such as urea and formaldehyde, both of which are affected by energy prices and supply chain disruptions. Demand from the automotive and electronics sectors remained strong, especially for materials used in adhesive applications. The weakening of the yen against major currencies influenced import prices, making overseas suppliers more competitive. Domestic manufacturing adjustments in response to stringent environmental regulations concerning formaldehyde emissions added complexity to production costs and pricing strategies.

Urea-Formaldehyde Resin Prices Outlook Q1 2025

• Germany: US$ 556/MT
• France: US$ 580/MT
• Argentina: US$ 617/MT
• Thailand: US$ 413/MT
• Austria: US$ 693/MT

During the first quarter of 2025, the urea-formaldehyde resin prices in Germany reached 556 USD/MT in March. In Q1 2025, the prices of urea-formaldehyde resin in Germany were primarily influenced by limited availability of feedstock methanol due to periodic plant maintenance in domestic facilities and reduced imports from Eastern Europe. The construction sector exhibited weak procurement activity amid prolonged inflationary pressures. Additionally, logistics disruptions caused by Rhine River low water levels affected intra-country transportation costs, further impacting overall market dynamics.

During the first quarter of 2025, urea-formaldehyde resin prices in France reached 580 USD/MT in March. In France, feedstock urea and formaldehyde procurement costs remained elevated in Q1 2025 due to restricted port operations and subdued import flows from North Africa. The wood-based panel manufacturing sector experienced reduced capacity utilization, limiting resin consumption. Additionally, energy input costs remained high as industrial gas tariffs did not normalize following winter peaks, contributing to overall cost-side pressure for resin manufacturers.

During the first quarter of 2025, the urea-formaldehyde resin prices in Argentina reached 617 USD/MT in March. In Argentina, the urea-formaldehyde resin market in Q1 2025 was affected by elevated raw material costs, driven by domestic currency depreciation and volatile exchange rates. Limited availability of locally sourced formaldehyde compounded supply-side tightness. Meanwhile, construction activity remained sluggish due to macroeconomic instability, curbing downstream demand. Import substitution policies also disrupted access to competitively priced foreign resins, affecting procurement strategies.

During the first quarter of 2025, the urea-formaldehyde resin prices in Thailand reached 413 USD/MT in March. Thailand’s urea-formaldehyde resin prices in Q1 2025 were shaped by higher urea prices amid reduced production in the domestic fertilizer sector, which prioritized agricultural supply over industrial demand. Increased transportation costs following regional fuel price adjustments also influenced resin pricing. Demand from the furniture and plywood manufacturing sector showed inconsistent trends, partly due to seasonal labor shortages and export-related uncertainties.

During the first quarter of 2025, the urea-formaldehyde resin prices in Austria reached 693 USD/MT in March. In Austria, formaldehyde production costs increased in Q1 2025 due to elevated natural gas prices, tightening the cost structure for urea-formaldehyde resin manufacturers. Domestic wood panel producers operated at reduced schedules, limiting bulk resin orders. Import challenges from neighboring countries, particularly logistical bottlenecks in transalpine trade routes, also contributed to constrained supply availability and pricing volatility in the resin market.

Urea-Formaldehyde Resin Prices Outlook Q4 2023

• USA: US$ 688/MT
• China: US$ 627/MT
• Germany: US$ 634/MT

In December 2023, the price of urea-formaldehyde resin in the USA reached 688 USD/MT

In China, the price trend for urea-formaldehyde resin settled at 627 USD/MT in December 2023.

The price of urea-formaldehyde resin in Germany touched 634 USD/MT by the end of December 2023.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the urea-formaldehyde resin prices.

Global Urea-Formaldehyde Resin Price Trend

The report offers a holistic view of the global urea-formaldehyde resin pricing trends in the form of urea-formaldehyde resin price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of urea-formaldehyde resin, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed urea-formaldehyde resin demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Urea-Formaldehyde Resin Price Trend

Q2 2025:

As per the urea-formaldehyde resin price index, European urea-formaldehyde resin prices this quarter were shaped by elevated energy costs that directly impacted the production of urea, a key feedstock. The construction and wood panel industries maintained steady demand, while producers faced rising regulatory compliance costs related to formaldehyde emissions and environmental sustainability standards. Disruptions in the transportation sector and delays at major European ports added logistical challenges. Additionally, competition from imports originating in Asia influenced market pricing, particularly where currency fluctuations and carbon footprint considerations affected procurement strategies.

Q1 2025:

As per the urea-formaldehyde resin price index, the urea-formaldehyde resin market in Europe was influenced by tight supply of feedstock methanol and formaldehyde, following curtailed refinery output and planned maintenance shutdowns across several facilities. The construction and wood panel sectors experienced weakened demand amid persistent inflation and low housing starts. Cross-border logistics were further challenged by seasonal transport disruptions and rising freight costs from Eastern European suppliers.

Q4 2023:

European urea-formaldehyde resin prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed urea-formaldehyde resin price information for a comprehensive list of countries.

North America Urea-Formaldehyde Resin Price Trend

Q2 2025:

As per the urea-formaldehyde resin price index, in North America, pricing of urea-formaldehyde resin was influenced by stable demand from the construction, furniture, and automotive sectors, particularly in the USA and Canada. Input costs fluctuated due to variations in natural gas and urea prices. Manufacturers faced logistical inefficiencies tied to trucking availability and cross-border shipping delays. Environmental regulations concerning formaldehyde usage affected production schedules and drove capital investments in emission-control technologies. Competitive pressures from imported resins, especially from Asia, also played a role in shaping market dynamics.

Q1 2025:

As per the urea-formaldehyde resin price index, in Q1 2025, urea-formaldehyde resin prices were shaped by elevated raw material costs, particularly for natural gas-based urea, as winter demand drove up utility rates. Production interruptions at select formaldehyde units due to cold weather events constrained supply. The furniture and building materials sectors reduced procurement in response to a slower housing market and a shift toward low-emission alternatives, affecting overall consumption levels.

Q4 2023:

The analysis of urea-formaldehyde resin prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific data on urea-formaldehyde resin prices within the United States and Canada can also be provided.

Middle East and Africa Urea-Formaldehyde Resin Price Trend

Q2 2025:

As per the urea-formaldehyde resin price chart, in the Middle East and Africa, with a focus on Saudi Arabia, urea-formaldehyde resin pricing was influenced by steady infrastructure-driven demand and fluctuations in the cost of key inputs like urea, linked to natural gas trends. Saudi Arabia’s efforts to expand local manufacturing capacity shaped domestic supply dynamics. Logistics delays at regional ports and longer transit times from Asia impacted availability. Policy focus on sustainability and environmental compliance encouraged shifts in production technologies, contributing to changes in manufacturing costs and downstream pricing.

Q1 2025:

As per the urea-formaldehyde resin price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.

Q4 2023:

The report explores the urea-formaldehyde resin pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on urea-formaldehyde resin prices for countries can also be provided.

Asia Pacific Urea-Formaldehyde Resin Price Trend

Q2 2025:

In the Asia Pacific region, urea-formaldehyde resin prices were driven by changes in feedstock availability, particularly fluctuations in urea output from China and Southeast Asia. The construction, electronics, and engineered wood sectors maintained consistent demand, especially in China, India, and Japan. Power rationing in certain areas and regulatory constraints around pollution control impacted production capacities. Exchange rate volatility across importing nations influenced landed costs, while supply chain inefficiencies and maritime freight rate adjustments created further variability in regional pricing structures.

Q1 2025:

The Asia Pacific region saw varied price influences in Q1 2025, with urea supply affected by lower operating rates in the fertilizer sector across China and India. Strong demand for formaldehyde from resin and adhesive manufacturers in Southeast Asia created feedstock imbalances. Additionally, high shipping container rates and export restrictions from key producing countries impacted regional availability and procurement strategies for downstream sectors.

Q4 2023:

The urea-formaldehyde resin pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This analysis can be further extended to include detailed urea-formaldehyde resin prices for a comprehensive list of countries within the region.

Latin America Urea-Formaldehyde Resin Price Trend

Q2 2025:

Latin America's urea-formaldehyde resin market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in urea-formaldehyde resin prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the urea-formaldehyde resin price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing urea-formaldehyde resin pricing trends in this region.

Q1 2025:

In Argentina, pricing for urea-formaldehyde resin in Q1 2025 was impacted by volatile input costs, as currency depreciation raised the landed cost of imported methanol and urea. Domestic production was constrained by limited access to competitively priced raw materials. Meanwhile, demand from the particleboard and construction sectors remained inconsistent due to broader economic instability and regulatory uncertainty affecting capital investment and infrastructure activity.

Q4 2023:

The analysis of urea-formaldehyde resin prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Urea-Formaldehyde Resin Price Trend, Market Analysis, and News

IMARC's latest publication, “Urea-Formaldehyde Resin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the urea-formaldehyde resin market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of urea-formaldehyde resin at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed urea-formaldehyde resin prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting urea-formaldehyde resin 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.

Urea-Formaldehyde Resin Industry Analysis

The global urea-formaldehyde resin market size reached USD 10.3 Billion in 2024. By 2033​, IMARC Group expects the market to reach USD 13.7 Billion, at a projected CAGR of 3.30% during 2025-2033.

• The construction industry's robust growth, especially in developing regions, is propelling the demand for urea-formaldehyde resin (UFR). The Asia Pacific region is a key construction and real estate market that will touch nearly 40% of the industry’s output value by 2030. According to the IMARC analysis, the real estate industry is predicted to touch $8,654 billion by 2032. It is growing at a rate of 1.9% from 2024 to 2032, which is leading to a hike in construction activity. This polymer is a crucial binding agent in wood products like particleboard and plywood. Urbanization is driving infrastructure projects and housing demands, which means that there is an increasing demand for this polymer as a dependable adhesive. As such, it is essential to satisfy the expectations of the global construction industry.
• UFR plays a vital role in the manufacturing process of furniture and cabinets due to its adhesive properties and cost-effectiveness. As the furniture industry expands to cater to the increasing demand for residential and commercial spaces, this material experiences a parallel rise in demand. It is estimated by the IMARC Group that the furniture sector will touch USD 701.7 billion by 2030. In this context, the versatility and affordability of this polymer makes it an indispensable component in furniture production.
• This polymer's demand in interior elements like door panels and trim is being driven by the expansion of the automotive industry. UFR is widely adopted owing to its adhesive properties, as it is perfect for joining different materials that are utilized in the interior of cars. The production of passenger automobiles worldwide reached 50 million units in 2022, up 9% from the year before, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA). Beyond this, the commercial vehicle market is expected to increase at a 3.6% annual rate to reach USD 1114.2 billion by 2032. As consumers seek more customized and aesthetically pleasing vehicles, the demand for UFR-enabled interior components rises, driving the market forward.
• Heightened environmental consciousness is prompting manufacturers to innovate and develop low-emission resins. Regulatory pressures and consumer preferences for eco-friendly alternatives drive this shift towards greener formulations. As a rising market segment looks for sustainable solutions, product producers are satisfying regulatory requirements and addressing environmental concerns in order to ensure compliance.
• Ongoing research and development (R&D) efforts result in the formulation of advanced UFR variants with superior properties such as enhanced strength and durability. These technological advancements broaden the application spectrum of this polymer beyond traditional uses. Also, by continuously improving product performance and versatility, manufacturers stay competitive and meet the evolving needs of industries, contributing significantly to the overall growth of the sector.

Urea-Formaldehyde Resin News

The report covers the latest developments, updates, and trends impacting the global urea-formaldehyde resin industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in urea-formaldehyde resin production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the urea-formaldehyde resin price trend.

Latest developments in the urea-formaldehyde resin industry:

• In February 2024, Metafrax Chemicals, a leading producer of urea-formaldehyde and other chemicals, announced that from now on, it will be managed by JSC Roschem, a Russia hydrogen company.

Product Description

Urea-formaldehyde resin (UFR) is a non-transparent thermosetting resin or polymer. It exhibits a clear to pale yellow color in its liquid form, with a high viscosity and low volatility. It has outstanding moisture resistance, thermal stability, and adhesive strength. In liquid form, its pH ranges from 7.5 to 8.5, and its molecular weight varies based on polymerization.

It is synthesized by the reaction of urea with formaldehyde under regulated temperature and pH conditions to make a pre-polymer. After the pre-polymer is condensation polymerized, a solid or liquid resin is created. To preserve its stability and usability, the resin is cooled and kept in appropriate containers.

This polymer is extensively used in woodworking, textile processing, paper manufacturing, coatings, finishes, and the production of electrical appliances, buttons, and other molded objects. It is known for its high bonding strength, cost-effectiveness, fast curing, versatility, chemical resistance, and positive environmental impact.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of urea-formaldehyde resin pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting urea-formaldehyde resin price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The urea-formaldehyde resin price charts ensure our clients remain at the forefront of the industry.