World Analysis – Formaldehyde & Resins

Duration: Long-term outlook to 2050

Formaldehyde is used heavily in the infrastructure and construction sectors. Formaldehyde is normally a price taker of methanol, as the formaldehyde price trend follows its major feedstock trend. Therefore, even in a very high methanol price environment, the formaldehyde industry can still manage to achieve positive margins. Construction and remodeling activity, vehicle and furniture production, and original equipment manufacturing account for most of the world’s consumption of formaldehyde. General economic conditions greatly influence the demand for these markets. As a result, demand for formaldehyde largely follows the patterns of leading world economies. Formaldehyde resins are predominantly used in the wood products industry as adhesives. Growth of these resins strongly correlates to construction/remodeling activity—which accounts for over 50% of consumption—and, to a lesser degree, the automotive industry.

Formaldehyde market is fragmented, with about 500 producers worldwide. Most formaldehyde producers are primarily concerned with satisfying captive requirements for derivatives and/or supplying local merchant sales. Formaldehyde can polymerize after a week of storage. It is usually produced close to the point of consumption because of the difficulties associated with transporting it and the cost of transporting it in solution. As a result, world trade in formaldehyde is minimal and typically accounts for less than 1% of production. Downstream integration into derivatives is very important.

Duration: Long-term outlook to 2050

The World Analysis – Formaldehyde and Resins provides a comprehensive analysis of and key insights into critical market developments as they shape the future outlook for the global formaldehyde and resins market.

The following reports, data files, analytical tools and visualization modules are available online and can be downloaded from our website:

• Direct Access to the Subject Matter Experts
• In-depth exploration of present market strategic insights, recognition of critical challenges, and presentation of our experts’ forecasts and analysis
• Explanatory Notes detailing data sources, methodologies, unit and conversion factors, and World Analysis deliverables.
• Energy and Economy assumptions
• Price, cost, and margin base assumptions forecast and sensitivities analysis, including price assessment methodology and price definitions across all regions.
• Excel data files with standard supply/demand graphics and price forecasts extended to 2050, trade grids with country and regional trade flows Data appendix (Excel) with supply/demand, capacity and trade tables.
• An online dashboard visualization of capacity, supply/demand, trade grids, and price, cost and margin forecasts
• Supply/demand and capacity database access via data browser
• Data Appendix (Excel) with supply/demand and capacity tables
• Capacity by company/shareholder, capacity integration, top producer/consumer and surplus/deficit capacity ranking, and ownership/subsidiary information

In addition to the main product(s), Formaldehyde and Resins, capacity and textual analysis are provided for the following products:

• Urea-formaldehyde resins
• Phenol-formaldehyde resins
• Melamine-formaldehyde resins
• Polyacetal resins
• Pentaerythritol
• Methylene diphenyl diisocyanate
• 1,4-Butanediol
• Hexamethylenetetramine
• Slow-release fertilizers
• Herbicides
• Paraformaldehyde
• Trimethylolpropane
• Neopentyl glycol
• Trimethylolethane

This World Analysis contains detailed information on capacities, production, demand, and trade for all significant producing and consuming countries and regions. Although data gathering is essential for understanding history and potential future trends, we believe that the interpretation and analysis of the data is the most valuable information to our clients.

Duration: Long-term outlook to 2050