Formalin Price Trend Analysis 2026: Historical Prices, Supply Demand Analysis, Market Insights, Latest News & Price Drivers

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Formalin Dashboard Inclusions

Formalin Price Dasboard

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In the first half of 2025, formalin prices showed a generally stable to slightly upward trend across key markets, influenced by steady demand and varying regional supply conditions. In Asia, particularly India and China, prices remained relatively firm. Early in the year, a dip was seen in China due to seasonal slowdowns from the Lunar New Year and weak demand in construction and automotive sectors.

However, prices recovered gradually by March as industrial demand improved, especially for resins and adhesives, supported by policy pushes like electric vehicle incentives. In India, consistent construction activity and growing downstream resin requirements kept formalin demand strong. Although regional supply fluctuations occasionally affected the market, prices remained fairly steady.

In Europe, formalin prices moved upward more strongly, driven by tight supply and high input costs. Disruptions in early Q1, such as strikes and raw material shortages, added pressure, while energy prices pushed production costs higher. Despite slowdowns in traditional sectors like construction, demand from industrial users of resins helped keep the market balanced.

In North America, prices also increased steadily. Weather-related disruptions and unexpected plant shutdowns in Q1 limited supply, even as methanol prices softened. Demand stayed healthy, especially from automotive and industrial coating sectors, supporting a bullish pricing environment through the first half of the year.

About Formalin

Formaldehyde (37%), or formalin, is a water-based saturated solution of 37% formaldehyde gas and a stabilizer, usually methanol. It is a colourless liquid with a strong irritating odour used as a disinfectant and germicide.

Formalin Product Detail
Hs Code
38220090
Chemical Formula

CH2O

Cas Number
50-00-0
Molecular Weight
30.03 g/mol
Industrial Uses

Disinfectant and biocide, food preservation, pharmaceuticals, cosmetics, adhesives, coatings, antifungal solutions.

Supplier Database

BASF SE, 3M, Bayer AG, Celanese Corporation, DuPont, Dynea AS, Georgia-Pacific Chemicals, Huntsman International LLC, Merck KGaA

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Formalin Production Processes

Formaldehyde (37%) is obtained by dissolving formaldehyde in water in an absorbing tower in the presence of methanol. Methanol is used as a stabilizer which helps to avoid the polymerization of formaldehyde.

Our Price Analysis Methodology

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