Product Code: ETC5044000 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Sweden Formaldehyde Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 4.60% in 2025, growth builds up to 9.15% by 2029.
The Formaldehyde market in Sweden is projected to grow at a stable growth rate of 4.71% 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.
The formaldehyde market in Sweden is characterized by its diverse applications in various industries, including construction, automotive, and textiles. Formaldehyde is primarily used as a chemical intermediate in the production of resins and adhesives, as well as in the manufacture of building materials. While the market has seen stable demand, it faces challenges due to increasing regulatory scrutiny regarding formaldehyde emissions and its health effects. Consequently, manufacturers are focusing on developing low-emission products and alternative solutions to comply with stringent regulations and meet consumer demands for safer materials.
The formaldehyde market in Sweden is primarily driven by the chemical extensive application in the manufacturing of resins, adhesives, and industrial chemicals. The increasing demand for composite wood products and the growth of the construction industry bolster the formaldehyde market, as these applications require formaldehyde-based adhesives for durability and strength. Additionally, regulatory frameworks that promote the use of low-emission products influence market dynamics, pushing manufacturers towards adopting formaldehyde alternatives.
The Sweden Formaldehyde market is confronted with significant regulatory challenges due to health and environmental concerns associated with formaldehyde use. Stringent regulations regarding emissions and product safety create barriers for manufacturers, compelling them to invest in compliance measures. Furthermore, the market is facing increasing competition from alternative products that are marketed as safer and more sustainable, pushing formaldehyde producers to innovate or risk losing market share.
The formaldehyde market in Sweden is regulated under strict chemical safety laws, including the EU REACH regulation, which mandates the registration and evaluation of chemicals. The Swedish Chemicals Agency monitors the use of formaldehyde to ensure it complies with health and safety standards, promoting safer alternatives and reducing environmental impact. Policies also encourage the reduction of formaldehyde emissions in industrial processes.
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 Sweden Formaldehyde Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Formaldehyde Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Formaldehyde Market - Industry Life Cycle |
3.4 Sweden Formaldehyde Market - Porter's Five Forces |
3.5 Sweden Formaldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Sweden Formaldehyde Market Revenues & Volume Share, By Derivative, 2021 & 2031F |
3.7 Sweden Formaldehyde Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Sweden Formaldehyde Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for formaldehyde in the construction industry for manufacturing wood-based products, such as plywood and fiberboards. |
4.2.2 Growing use of formaldehyde in the automotive sector for producing composite materials and coatings. |
4.2.3 Stringent regulations promoting the use of formaldehyde-based resins in the furniture and textile industries. |
4.3 Market Restraints |
4.3.1 Health and environmental concerns associated with formaldehyde exposure leading to stricter regulations and limitations on its usage. |
4.3.2 Fluctuating raw material prices, such as methanol, impacting the production cost of formaldehyde. |
4.3.3 Competition from alternative products and technologies offering safer and more sustainable solutions. |
5 Sweden Formaldehyde Market Trends |
6 Sweden Formaldehyde Market Segmentations |
6.1 Sweden Formaldehyde Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Sweden Formaldehyde Market Revenues & Volume, By Resins, 2021-2031F |
6.1.3 Sweden Formaldehyde Market Revenues & Volume, By Fibers, 2021-2031F |
6.1.4 Sweden Formaldehyde Market Revenues & Volume, By Solvents, 2021-2031F |
6.1.5 Sweden Formaldehyde Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.6 Sweden Formaldehyde Market Revenues & Volume, By Drying Agents, 2021-2031F |
6.1.7 Sweden Formaldehyde Market Revenues & Volume, By Other Chemical Intermediates, 2021-2031F |
6.2 Sweden Formaldehyde Market, By Derivative |
6.2.1 Overview and Analysis |
6.2.2 Sweden Formaldehyde Market Revenues & Volume, By Urea-formaldehyde Resin, 2021-2031F |
6.2.3 Sweden Formaldehyde Market Revenues & Volume, By Phenol Formaldehyde Resin, 2021-2031F |
6.2.4 Sweden Formaldehyde Market Revenues & Volume, By Polyoxymethylene, 2021-2031F |
6.2.5 Sweden Formaldehyde Market Revenues & Volume, By Melamine Formaldehyde Resin, 2021-2031F |
6.2.6 Sweden Formaldehyde Market Revenues & Volume, By Pentaerythritol, 2021-2031F |
6.2.7 Sweden Formaldehyde Market Revenues & Volume, By Methylene Diphenyl Diisocyanate, 2021-2031F |
6.2.8 Sweden Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 Sweden Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.3 Sweden Formaldehyde Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Sweden Formaldehyde Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.3 Sweden Formaldehyde Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.4 Sweden Formaldehyde Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Sweden Formaldehyde Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 Sweden Formaldehyde Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 Sweden Formaldehyde Market Revenues & Volume, By Automotive, 2021-2031F |
7 Sweden Formaldehyde Market Import-Export Trade Statistics |
7.1 Sweden Formaldehyde Market Export to Major Countries |
7.2 Sweden Formaldehyde Market Imports from Major Countries |
8 Sweden Formaldehyde Market Key Performance Indicators |
8.1 Average selling price of formaldehyde in the Swedish market. |
8.2 Adoption rate of formaldehyde-free technologies and products in key industries. |
8.3 Investment in research and development for improving formaldehyde production processes and reducing environmental impact. |
9 Sweden Formaldehyde Market - Opportunity Assessment |
9.1 Sweden Formaldehyde Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Sweden Formaldehyde Market Opportunity Assessment, By Derivative, 2021 & 2031F |
9.3 Sweden Formaldehyde Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Sweden Formaldehyde Market - Competitive Landscape |
10.1 Sweden Formaldehyde Market Revenue Share, By Companies, 2024 |
10.2 Sweden Formaldehyde Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |