Formaldehyde market witnessed a demand of around 10.47 million in 2020 and anticipated to grow at a significant rate with a healthy CAGR of 4.22% until 2030

Formaldehyde Market is anticipated to experience moderate growth, expanding at 3% CAGR during the forecast period 2019-2027. Resins application segment holds dominant share in global Formaldehyde Market accounting sales volume of 10,161-kilotons