LONDON – Formaldehyde is fairly easy to produce but it cannot be shipped over long distances. It can generate stability-associated problems during transportation. So this chemical product is usually produced close to the point of consumption. Consequently, global formaldehyde trade is minimal. Major use of formaldehyde is production of urea-, phenol-, and melamine-formaldehyde (UF, MF, and PF) resins, accounting for 66% of total global consumption. The largest end-use being UF resins that consume over half of total global formaldehyde.
In 2010 both global production and consumption of formaldehyde reached 29 million metric tons. However, formaldehyde consumption is expected to grow 5 % per year during the period of 2011-2015. By 2020 average global utilization rates are estimated to reach 80.
Detailed review and forecast on global, regional and country markets of formaldehyde can be found in the new market research report “Formaldehyde: 2011 World Market Outlook and Forecast” that covers present situation, historical background and future forecast and addresses comprehensive data showing formaldehyde capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Report Details:
Formaldehyde: 2011 World Market Outlook and Forecast
Published: January, 2011
Pages: 299
The report indicates a wealth of information on formaldehyde producers and suppliers, covers formaldehyde production in the respective country, major formaldehyde producers, formaldehyde consumption in the country market, formaldehyde trade in the country, formaldehyde prices. Formaldehyde market forecast for next five years, including market volumes and prices is also provided.
Monthly report updates for “Formaldehyde: 2011 World Market Outlook and Forecast” are available at //mcgroup.co.uk/periodicals/monthly