Product Code: ETC234489 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
United Kingdom (UK) Formaldehyde market currently, in 2023, has witnessed an HHI of 4083, Which has increased moderately as compared to the HHI of 2107 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The formaldehyde market in the UK is characterized by its extensive use in various industries such as construction, automotive, and textiles. Formaldehyde is primarily used in the production of resins, which are essential components in the manufacturing of engineered wood products, coatings, and adhesives. The market is driven by the growing construction sector and the increasing demand for lightweight and durable materials in the automotive industry. Environmental regulations and health concerns related to formaldehyde emissions are influencing market dynamics and pushing for innovations in safer and greener alternatives.
The formaldehyde market in the UK is driven by its widespread use in various industries, including construction, automotive, and textiles. Formaldehyde`s role as a key component in the production of resins, adhesives, and coatings ensures steady demand from the construction and furniture sectors. Additionally, the increasing focus on improving indoor air quality and the development of low-emission formaldehyde products align with regulatory standards and consumer preferences, boosting market growth. The formaldehyde market also benefits from advancements in production technologies that enhance efficiency and reduce environmental impact.
The formaldehyde market in the UK is challenged by stringent environmental regulations aimed at reducing emissions and limiting exposure due to health concerns. There is a growing demand for alternative, safer chemicals, which pressures the market. Additionally, fluctuations in raw material prices and supply chain disruptions can impact production and profitability.
The UK government regulates the formaldehyde market through stringent safety and environmental standards. The Health and Safety Executive (HSE) oversees the use and handling of formaldehyde, ensuring that industries comply with exposure limits and safety practices to protect workers and the environment. Additionally, formaldehyde is subject to the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulations, which require manufacturers to register and manage the risks associated with its use.
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 United Kingdom (UK) Formaldehyde Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Formaldehyde Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Formaldehyde Market - Industry Life Cycle |
3.4 United Kingdom (UK) Formaldehyde Market - Porter's Five Forces |
3.5 United Kingdom (UK) Formaldehyde Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 United Kingdom (UK) Formaldehyde Market Revenues & Volume Share, By Derivative, 2021 & 2031F |
3.7 United Kingdom (UK) Formaldehyde Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 United Kingdom (UK) Formaldehyde Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Formaldehyde Market Trends |
6 United Kingdom (UK) Formaldehyde Market, By Types |
6.1 United Kingdom (UK) Formaldehyde Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Resins, 2021-2031F |
6.1.4 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Fibers, 2021-2031F |
6.1.5 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Solvents, 2021-2031F |
6.1.6 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.7 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Drying Agents, 2021-2031F |
6.1.8 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Other Chemical Intermediates, 2021-2031F |
6.2 United Kingdom (UK) Formaldehyde Market, By Derivative |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Urea-formaldehyde Resin, 2021-2031F |
6.2.3 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Phenol Formaldehyde Resin, 2021-2031F |
6.2.4 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Polyoxymethylene, 2021-2031F |
6.2.5 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Melamine Formaldehyde Resin, 2021-2031F |
6.2.6 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Pentaerythritol, 2021-2031F |
6.2.7 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Methylene Diphenyl Diisocyanate, 2021-2031F |
6.2.8 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.2.9 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Others, 2021-2031F |
6.3 United Kingdom (UK) Formaldehyde Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.3 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.4 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.3.6 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.7 United Kingdom (UK) Formaldehyde Market Revenues & Volume, By Automotive, 2021-2031F |
7 United Kingdom (UK) Formaldehyde Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Formaldehyde Market Export to Major Countries |
7.2 United Kingdom (UK) Formaldehyde Market Imports from Major Countries |
8 United Kingdom (UK) Formaldehyde Market Key Performance Indicators |
9 United Kingdom (UK) Formaldehyde Market - Opportunity Assessment |
9.1 United Kingdom (UK) Formaldehyde Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 United Kingdom (UK) Formaldehyde Market Opportunity Assessment, By Derivative, 2021 & 2031F |
9.3 United Kingdom (UK) Formaldehyde Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 United Kingdom (UK) Formaldehyde Market - Competitive Landscape |
10.1 United Kingdom (UK) Formaldehyde Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Formaldehyde Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |