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 |
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.
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.
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.
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 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.
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 |