Formaldehyde Price Trend, Index and Forecast

Track real-time and historical formaldehyde prices across global regions. Updated monthly with market insights, drivers, and forecasts.

Formaldehyde Prices May 2026

Region	Price (USD/KG)	Latest Movement
Northeast Asia	0.21	Unchanged
Europe	0.56	5.7% ↑ Up
North America	0.69	21.1% ↑ Up

Formaldehyde Price Index (USD/KG): 

The chart below highlights monthly formaldehyde prices across different regions.

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Market Overview Q1 Ending March 2026

Northeast Asia:ꦰ The formaldehyde prices in Northeast Asia reached 0.16 USD/KG in March 2026. The pricing movement between December and March 2026 remained unchanged. Steady demand from the resin, wood panel, and specialty chemical manufacturing sectors maintained consistent formaldehyde procurement activity across Northeast Asian markets throughout the review period. Stable upstream methanol feedstock costs at regional production facilities sustained manufacturing expenses at existing levels and provided balanced support to prevailing regional market prices. Adequate domestic production from Chinese and regional formaldehyde manufacturing facilities maintained sufficient supply and prevented any significant directional movement in market prices.

Europe:♍ The formaldehyde prices in Europe reached 0.44 USD/KG in March 2026. The upward pricing movement registered between December and March 2026 was 2.3%. Marginally firming demand from the urea formaldehyde resin, phenolic resin, and wood panel manufacturing sectors provided modest procurement support and contributed to mildly bullish conditions across European markets during the review period. Slightly elevated upstream methanol feedstock costs at regional production facilities placed incremental upward pressure on formaldehyde manufacturing expenses and supported the prevailing marginal price increase throughout the quarter. Steady import cargo availability from key supplying regions maintained adequate supply conditions and limited the extent of upward price movement during the period.

North America:⛄ The formaldehyde prices in North America reached 0.45 USD/KG in March 2026. The downward pricing movement registered between December and March 2026 was 39.2%. There was very weak demand from the urea formaldehyde resin, phenolic resin, and wood panel industries, resulting in reduced purchasing activity and contributing to overall bearish formaldehyde market dynamics in North America during the review period. The oversupply, driven by Gulf Coast and regional production facilities, led to intense competition among regional producers in the quarter under consideration. Reduced upstream methanol feedstock prices at regional production facilities lowered costs, contributing to negative market dynamics and price erosion in the period under consideration.

Market Overview Q4 Ending December 2025

Northeast Asia: The formaldehyde prices in Northeast Asia reached 0.16 USD/KG in December 2025. The upward pricing movement registered between September and December 2025 was 4.5%. Firm upstream methanol feedstock costs, which increased production costs for regional manufacturers using catalytic oxidation methods during the quarter, were the main cause of the slight price appreciation. In the face of steady downstream consumption from the furniture and construction industries, strong procurement activity was sustained by the plywood adhesive, urea formaldehyde resin, and melamine formaldehyde manufacturing sectors. Major facilities' controlled production output prevented excess market volumes by maintaining a balanced supply availability.

Europe:⭕ The formaldehyde prices in Europe reached 0.43 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 2.5%. Amid a broader decline in regional building activity and furniture manufacturing output, weaker demand in the wood panel adhesive, particleboard, and construction chemical industries were the main driver of the modest price decline. Lower production cost benchmarks for domestic producers resulted from softening upstream methanol feedstock valuations, which diminished baseline pricing support across the supply chain. While weak consumption in the automotive and industrial resin categories provided little pricing support, adequate supply from well established manufacturing sites maintained comfortable inventory levels.

North America:🅷 The formaldehyde prices in North America reached 0.74 USD/KG in December 2025. The downward pricing movement registered between September and December 2025 was 0.9%. The marginal price decline reflected a largely stable market environment, with moderate demand from the plywood adhesive, engineered wood, and industrial resin sectors sustaining consistent procurement volumes throughout the quarter. Softening upstream methanol feedstock costs provided slight downward pressure on production economics for domestic manufacturers. Adequate production capacity maintained comfortable supply availability across the distribution network, while steady consumption from the automotive component and textile treatment segments sustained a baseline offtake fundamental.

Market Overview Q3 Ending September 2025

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: ꦍNorth 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.

Formaldehyde Price Trend, Market Analysis, and News

IMARC's latest publication, “Formaldehyde Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” ꦦpresents 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.

Formaldehyde Industry Analysis

The global formaldehyde industry size reached USD 9.2 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 14.8 Billion, at a projected CAGR of 5.29% 🐠during 2026-2034. 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.

Latest developments in the Formaldehyde Industry:

• May 2025: Researchers developed a zero-gap CO₂ reduction cell that achieved a 66.9% Faradaic efficiency for C3+ products at −1,100 mA cm−2. Formaldehyde formed on phosphorus-rich copper oxide/hydroxide interfaces acted as a key intermediate, enabling selective liquid-phase multicarbon production. The approach demonstrated scalable, industrially viable CO₂ utilization, offering potential applications in iron–steel and petrochemical industries to reduce greenhouse gas emissions.
   
• September 2024: Kanoria Chemicals expanded its formaldehyde production capacity at Ankleshwar, Gujarat, by 345 metric tons per day. This investment of Rs. 56.06 crore utilized advanced technology to meet growing demand in various sectors.
   
• June 2024: Researchers at Indian Institutes of Science Education and Research (IISER) Tirupati developed a method to generate hydrogen from a mixture of methanol and formaldehyde using nickel catalysts under mild conditions. This innovation could serve as a key step toward a hydrogen economy by enabling sustainable hydrogen storage and transfer.

Product Description

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.

Report Coverage

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	Company Overview Business Description Recent Trends and Developments
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 Scope Historical Data for the Current Month Forecast for Next Month Total Deliverables Per Year: 12 (One Per Month) Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year Plan B: Quarterly Updates - Annual Subscription Scope Historical Data for the Current Quarter Forecast for Next Quarter Total Deliverables Per Year: 4 (One Per Quarter) Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year Plan C: Biannually Updates - Annual Subscription Scope Historical Data for the Current Half Forecast for the Next Half Total Deliverables Per Year: 2 (One Per 6 Months) Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
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:

• IMARC’s report presents a detailed analysis of formaldehyde pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting formaldehyde price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, 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 formaldehyde price charts ensure our clients remain at the forefront of the industry.