Paraformaldehyde Market

By Grade;

Industrial Grade and Reagent Grade

By Form;

Powder and Liquid

By Purity;

>94% and Above 94%

By Type;

PF (91%-93%) and PF (95%-97%)

By Application;

Pesticide, Coating, Resins, Agrochemicals, Adhesives, Dentistry, Disinfectant, Poultry, Sanitary, Foundry, Dyestuffs, Fluorescent Lights, Papermaking and Others

By End-Use;

Automotive, Textile, Oil & Paints, Paper, Furniture, Healthcare, Agriculture, Personal Care, Plastic Industry, Rubber Industry, Electronics and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn681891551 Published Date: October, 2025 Updated Date: November, 2025

Paraformaldehyde Market Overview

Paraformaldehyde Market (USD Million)

Paraformaldehyde Market was valued at USD 1,162.80 million in the year 2024. The size of this market is expected to increase to USD 1,647.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.


Paraformaldehyde Market

*Market size in USD million

CAGR 5.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.1 %
Market Size (2024)USD 1,162.80 Million
Market Size (2031)USD 1,647.11 Million
Market ConcentrationMedium
Report Pages352
1,162.80
2024
1,647.11
2031

Major Players

  • Ercros S.A.
  • Caldic B.V.
  • Celanese Corporation
  • INEOS Group Holdings S.A.
  • Merck KGaA
  • Nantong Jiangtian Chemical Co., Ltd.
  • LCY Chemical Corp.
  • Alfa Aesar (Thermo Fisher Scientific)
  • Shouguang Xudong Chemical Co., Ltd.
  • Chang Chun Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Paraformaldehyde Market

Fragmented - Highly competitive market without dominant players


The Paraformaldehyde Market is witnessing substantial growth as industries increasingly adopt high-purity formaldehyde polymers for applications in resins, coatings, and chemical synthesis. With rising demand for efficient chemical intermediates, adoption levels are projected to exceed 40%, highlighting its essential role in supporting industrial productivity and product performance.

Key Drivers Fueling Market Expansion
The market is driven by the increasing utilization of paraformaldehyde in adhesives, plastics, and disinfectants. Nearly 50% of chemical manufacturing operations now rely on paraformaldehyde for stable polymerization processes. This demonstrates its critical function in ensuring consistent product quality and operational efficiency.

Technological Advancements
Recent innovations in polymerization and purification techniques have improved the stability and reactivity of paraformaldehyde. Reports suggest process efficiency enhancements of up to 45%, enabling safer handling and more precise formulation. These developments make paraformaldehyde a more reliable and sustainable choice for various industrial applications.

Future Market Outlook
The Paraformaldehyde Market is set for strong growth, with forecasts showing more than 55% of end-use industries planning to expand its usage. Its role in providing high-quality, efficient, and versatile chemical solutions positions paraformaldehyde as a cornerstone for innovation and industrial optimization.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Form
    3. Market Snapshot, By Purity
    4. Market Snapshot, By Type
    5. Market Snapshot, By Application
    6. Market Snapshot, By End-Use
    7. Market Snapshot, By Region
  4. Paraformaldehyde Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Chemical industry growth
        2. Demand for resins
        3. Industrial applications increase
        4. Agricultural sector requirements
        5. Research and development investments
      2. Restraints
        1. Environmental regulations impact
        2. Health hazards concerns
        3. Fluctuating raw material prices
        4. Competition from alternatives
        5. Trade barriers
      3. Opportunities
        1. Technological advancements
        2. Emerging economies growth
        3. Sustainable manufacturing practices
        4. Increasing application scope
        5. Product innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Paraformaldehyde Market, By Grade, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Reagent Grade
    2. Paraformaldehyde Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
    3. Paraformaldehyde Market, By Purity, 2021 - 2031 (USD Million)
      1. >94%
      2. Above 94%
    4. Paraformaldehyde Market, By Type, 2021 - 2031 (USD Million)
      1. PF (91%-93%)
      2. PF (95%-97%)
    5. Paraformaldehyde Market, By Application, 2021 - 2031 (USD Million)
      1. Pesticide
      2. Coating
      3. Resins
      4. Agrochemicals
      5. Adhesives
      6. Dentistry
      7. Disinfectant
      8. Poultry
      9. Sanitary
      10. Foundry
      11. Dyestuffs
      12. Fluorescent Lights
      13. Papermaking
      14. Others
    6. Paraformaldehyde Market, By End-Use, 2021 - 2031 (USD Million)
      1. Automotive
      2. Textile
      3. Oil & Paints
      4. Paper
      5. Furniture
      6. Healthcare
      7. Agriculture
      8. Personal Care
      9. Plastic Industry
      10. Rubber Industry
      11. Electronics
      12. Others
    7. Paraformaldehyde Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ercros S.A.
      2. Celanese Corporation
      3. LCY Chemical Corporation
      4. CCP (Chang Chun Petrochemical Co., Ltd.)
      5. Xiangrui Chemical
      6. Nantong Jiangtian Chemical Co., Ltd.
      7. Yinhe Chemical Co., Ltd.
      8. Shouguang Xudong Chemical Co., Ltd.
      9. Linyi Taier Chemical Co., Ltd.
      10. Saudi Methanol Company (Chemanol)
      11. Wanhua Chemical Group Co., Ltd.
      12. Alpha Aesar
      13. Caldic B.V.
      14. Changzhou Koye Chemical Co., Ltd.
      15. InterAtlas Chemical Inc.
  7. Analyst Views
  8. Future Outlook of the Market