Article: Formaldehyde capacity is surplus.(MARKET REPORT: Organics)

Stable demand growth in the world

There were around 600 formaldehyde producers in the world in 2004 with a total capacity of around 36.7 million t/a. Borden is the largest formaldehyde producer in the world. BASF, Hoechest and Georgia-Pacific follow closely behind. The total output of formaldehyde in the world was around 26.7 million tons in 2004 and the total consumption was around 26.5 million tons. The capacity and the consumption are mainly distributed in North America, Western Europe and Asia. In the global consumption, the proportion is 20% for North America, 31% for Western Europe, 34% for Asia and around 15% for other countries and regions. The average ...

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