South Africa Formaldehyde Market Outlook | Trends, Growth, Value, Analysis, Revenue, Forecast, Industry, Companies, Share, COVID-19 IMPACT & Size

Market Forecast By Application (Resins, Fibers, Solvents, Plasticizers, Drying Agents, Other Chemical Intermediates), By Derivative (Urea-formaldehyde Resin, Phenol Formaldehyde Resin, Polyoxymethylene, Melamine Formaldehyde Resin, Pentaerythritol, Methylene Diphenyl Diisocyanate, Hexamethylenetetramine, Others), By End-Use (Chemicals, Agriculture, Building & Construction, Personal Care & Cosmetics, Healthcare, Automotive, Others) And Competitive Landscape
Product Code: ETC234528 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

South Africa Formaldehyde Market Size Growth Rate


The South Africa Formaldehyde Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 8.28% in 2028, following an initial rate of 3.34%, before easing to 4.42% at the end of the period.

South Africa Formaldehyde Market Growth Rate

South Africa Formaldehyde Market Overview

Formaldehyde, used in the production of resins, textiles, and disinfectants, is an important chemical in South Africa. This market is driven by the demand for formaldehyde-based products in various industrial applications.

Drivers of the market

The formaldehyde market in South Africa is influenced by construction materials, furniture manufacturing, and chemical production sectors. Formaldehyde is used in resin production for wood-based panels, textiles, and adhesives, supporting infrastructure development, interior furnishing, and industrial applications. Regulatory compliance, sustainable manufacturing practices, and consumer health concerns drive market dynamics and product innovation in formaldehyde-based products.

Challenges of the market

The formaldehyde market in South Africa encounters challenges such as environmental regulations limiting emissions, health concerns over formaldehyde exposure, and fluctuating prices of raw materials. Developing sustainable production methods and meeting industrial demand while ensuring environmental compliance remain critical challenges for market participants.

Government Policy of the market

Government policies in the formaldehyde market prioritize chemical safety, emissions reduction, and promoting sustainable formaldehyde production. Emphasis is on formaldehyde exposure limits, emissions monitoring, and supporting technologies that minimize environmental impact in formaldehyde manufacturing.

Key Highlights of the Report:

  • South Africa Formaldehyde Market Outlook
  • Market Size of South Africa Formaldehyde Market, 2024
  • Forecast of South Africa Formaldehyde Market, 2031
  • Historical Data and Forecast of South Africa Formaldehyde Revenues & Volume for the Period 2018 - 2031
  • South Africa Formaldehyde Market Trend Evolution
  • South Africa Formaldehyde Market Drivers and Challenges
  • South Africa Formaldehyde Price Trends
  • South Africa Formaldehyde Porter's Five Forces
  • South Africa Formaldehyde Industry Life Cycle
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Application for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Resins for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Fibers for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Solvents for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Plasticizers for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Drying Agents for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Other Chemical Intermediates for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Derivative for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Urea-formaldehyde Resin for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Phenol Formaldehyde Resin for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Polyoxymethylene for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Melamine Formaldehyde Resin for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Pentaerythritol for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Methylene Diphenyl Diisocyanate for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Hexamethylenetetramine for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Others for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By End-Use for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Chemicals for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Agriculture for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Building & Construction for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Personal Care & Cosmetics for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Healthcare for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Automotive for the Period 2018 - 2031
  • Historical Data and Forecast of South Africa Formaldehyde Market Revenues & Volume By Others for the Period 2018 - 2031
  • South Africa Formaldehyde Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Derivative
  • Market Opportunity Assessment By End-Use
  • South Africa Formaldehyde Top Companies Market Share
  • South Africa Formaldehyde Competitive Benchmarking By Technical and Operational Parameters
  • South Africa Formaldehyde Company Profiles
  • South Africa Formaldehyde Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 South Africa Formaldehyde Market Overview

3.1 South Africa Country Macro Economic Indicators

3.2 South Africa Formaldehyde Market Revenues & Volume, 2021 & 2031F

3.3 South Africa Formaldehyde Market - Industry Life Cycle

3.4 South Africa Formaldehyde Market - Porter's Five Forces

3.5 South Africa Formaldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F

3.6 South Africa Formaldehyde Market Revenues & Volume Share, By Derivative, 2021 & 2031F

3.7 South Africa Formaldehyde Market Revenues & Volume Share, By End-Use, 2021 & 2031F

4 South Africa Formaldehyde Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for formaldehyde-based resins in the construction industry for manufacturing wood products

4.2.2 Growth in the automotive sector leading to higher demand for formaldehyde-based materials

4.2.3 Rising use of formaldehyde in the healthcare industry for disinfection and sterilization purposes

4.3 Market Restraints

4.3.1 Stringent environmental regulations and concerns regarding the toxicity of formaldehyde

4.3.2 Fluctuating prices of raw materials used in the production of formaldehyde

5 South Africa Formaldehyde Market Trends

6 South Africa Formaldehyde Market, By Types

6.1 South Africa Formaldehyde Market, By Application

6.1.1 Overview and Analysis

6.1.2 South Africa Formaldehyde Market Revenues & Volume, By Application, 2021-2031F

6.1.3 South Africa Formaldehyde Market Revenues & Volume, By Resins, 2021-2031F

6.1.4 South Africa Formaldehyde Market Revenues & Volume, By Fibers, 2021-2031F

6.1.5 South Africa Formaldehyde Market Revenues & Volume, By Solvents, 2021-2031F

6.1.6 South Africa Formaldehyde Market Revenues & Volume, By Plasticizers, 2021-2031F

6.1.7 South Africa Formaldehyde Market Revenues & Volume, By Drying Agents, 2021-2031F

6.1.8 South Africa Formaldehyde Market Revenues & Volume, By Other Chemical Intermediates, 2021-2031F

6.2 South Africa Formaldehyde Market, By Derivative

6.2.1 Overview and Analysis

6.2.2 South Africa Formaldehyde Market Revenues & Volume, By Urea-formaldehyde Resin, 2021-2031F

6.2.3 South Africa Formaldehyde Market Revenues & Volume, By Phenol Formaldehyde Resin, 2021-2031F

6.2.4 South Africa Formaldehyde Market Revenues & Volume, By Polyoxymethylene, 2021-2031F

6.2.5 South Africa Formaldehyde Market Revenues & Volume, By Melamine Formaldehyde Resin, 2021-2031F

6.2.6 South Africa Formaldehyde Market Revenues & Volume, By Pentaerythritol, 2021-2031F

6.2.7 South Africa Formaldehyde Market Revenues & Volume, By Methylene Diphenyl Diisocyanate, 2021-2031F

6.2.8 South Africa Formaldehyde Market Revenues & Volume, By Others, 2021-2031F

6.2.9 South Africa Formaldehyde Market Revenues & Volume, By Others, 2021-2031F

6.3 South Africa Formaldehyde Market, By End-Use

6.3.1 Overview and Analysis

6.3.2 South Africa Formaldehyde Market Revenues & Volume, By Chemicals, 2021-2031F

6.3.3 South Africa Formaldehyde Market Revenues & Volume, By Agriculture, 2021-2031F

6.3.4 South Africa Formaldehyde Market Revenues & Volume, By Building & Construction, 2021-2031F

6.3.5 South Africa Formaldehyde Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F

6.3.6 South Africa Formaldehyde Market Revenues & Volume, By Healthcare, 2021-2031F

6.3.7 South Africa Formaldehyde Market Revenues & Volume, By Automotive, 2021-2031F

7 South Africa Formaldehyde Market Import-Export Trade Statistics

7.1 South Africa Formaldehyde Market Export to Major Countries

7.2 South Africa Formaldehyde Market Imports from Major Countries

8 South Africa Formaldehyde Market Key Performance Indicators

8.1 Number of new construction projects utilizing formaldehyde-based resins

8.2 Percentage increase in formaldehyde usage in the automotive sector

8.3 Adoption rate of formaldehyde-based disinfectants in healthcare facilities

9 South Africa Formaldehyde Market - Opportunity Assessment

9.1 South Africa Formaldehyde Market Opportunity Assessment, By Application, 2021 & 2031F

9.2 South Africa Formaldehyde Market Opportunity Assessment, By Derivative, 2021 & 2031F

9.3 South Africa Formaldehyde Market Opportunity Assessment, By End-Use, 2021 & 2031F

10 South Africa Formaldehyde Market - Competitive Landscape

10.1 South Africa Formaldehyde Market Revenue Share, By Companies, 2024

10.2 South Africa Formaldehyde Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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