| Product Code: ETC5043939 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ireland experienced a significant increase in formaldehyde import shipments in 2024, with top exporting countries including the UK, USA, India, Germany, and China. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 19.2%, while the growth rate from 2023 to 2024 stood at 9.56%, reflecting continued strong demand for formaldehyde in Ireland. The diverse range of exporting countries suggests a robust and dynamic market for formaldehyde imports in the country.

The Formaldehyde market in Ireland is projected to grow at a negative growth rate of -0.02% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Formaldehyde Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Formaldehyde Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Formaldehyde Market - Industry Life Cycle |
3.4 Ireland Formaldehyde Market - Porter's Five Forces |
3.5 Ireland Formaldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Ireland Formaldehyde Market Revenues & Volume Share, By Derivative, 2021 & 2031F |
3.7 Ireland Formaldehyde Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Ireland Formaldehyde Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for formaldehyde-based resins in construction and furniture industries |
4.2.2 Growing adoption of formaldehyde in healthcare, pharmaceutical, and personal care products |
4.2.3 Government regulations promoting the use of formaldehyde in various industrial applications |
4.3 Market Restraints |
4.3.1 Health concerns related to formaldehyde exposure leading to stringent regulations on its usage |
4.3.2 Fluctuating prices of raw materials like methanol affecting the production cost of formaldehyde |
5 Ireland Formaldehyde Market Trends |
6 Ireland Formaldehyde Market Segmentations |
6.1 Ireland Formaldehyde Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ireland Formaldehyde Market Revenues & Volume, By Resins, 2021-2031F |
6.1.3 Ireland Formaldehyde Market Revenues & Volume, By Fibers, 2021-2031F |
6.1.4 Ireland Formaldehyde Market Revenues & Volume, By Solvents, 2021-2031F |
6.1.5 Ireland Formaldehyde Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.6 Ireland Formaldehyde Market Revenues & Volume, By Drying Agents, 2021-2031F |
6.1.7 Ireland Formaldehyde Market Revenues & Volume, By Other Chemical Intermediates, 2021-2031F |
6.2 Ireland Formaldehyde Market, By Derivative |
6.2.1 Overview and Analysis |
6.2.2 Ireland Formaldehyde Market Revenues & Volume, By Urea-formaldehyde Resin, 2021-2031F |
6.2.3 Ireland Formaldehyde Market Revenues & Volume, By Phenol Formaldehyde Resin, 2021-2031F |
6.2.4 Ireland Formaldehyde Market Revenues & Volume, By Polyoxymethylene, 2021-2031F |
6.2.5 Ireland Formaldehyde Market Revenues & Volume, By Melamine Formaldehyde Resin, 2021-2031F |
6.2.6 Ireland Formaldehyde Market Revenues & Volume, By Pentaerythritol, 2021-2031F |
6.2.7 Ireland Formaldehyde Market Revenues & Volume, By Methylene Diphenyl Diisocyanate, 2021-2031F |
6.2.8 Ireland Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Ireland Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ireland Formaldehyde Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Ireland Formaldehyde Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.3 Ireland Formaldehyde Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.4 Ireland Formaldehyde Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Ireland Formaldehyde Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Ireland Formaldehyde Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Ireland Formaldehyde Market Revenues & Volume, By Automotive, 2021-2031F |
7 Ireland Formaldehyde Market Import-Export Trade Statistics |
7.1 Ireland Formaldehyde Market Export to Major Countries |
7.2 Ireland Formaldehyde Market Imports from Major Countries |
8 Ireland Formaldehyde Market Key Performance Indicators |
8.1 Number of new construction projects utilizing formaldehyde-based resins |
8.2 Volume of formaldehyde used in healthcare and personal care products |
8.3 Compliance rate with government regulations on formaldehyde emissions |
8.4 Adoption rate of formaldehyde-free alternatives in industries |
9 Ireland Formaldehyde Market - Opportunity Assessment |
9.1 Ireland Formaldehyde Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Ireland Formaldehyde Market Opportunity Assessment, By Derivative, 2021 & 2031F |
9.3 Ireland Formaldehyde Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Ireland Formaldehyde Market - Competitive Landscape |
10.1 Ireland Formaldehyde Market Revenue Share, By Companies, 2024 |
10.2 Ireland Formaldehyde Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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