In 2020, Asia accounted for roughly 69 percent of the global demand for formaldehyde, with China alone representing 28 percent of the demand worldwide. Ranking next, but by a wide margin, was Europe, which accounted for some 14 percent. By contrast, formaldehyde demand in North America represented around ten percent of the global share. The production of formaldehyde is the second most common application of methanol.
Distribution of formaldehyde demand worldwide in 2020, by region
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Methanol Market Services Asia (MMSA). (July 30, 2021). Distribution of formaldehyde demand worldwide in 2020, by region [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/
Methanol Market Services Asia (MMSA). "Distribution of formaldehyde demand worldwide in 2020, by region." Chart. July 30, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/
Methanol Market Services Asia (MMSA). (2021). Distribution of formaldehyde demand worldwide in 2020, by region. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/
Methanol Market Services Asia (MMSA). "Distribution of Formaldehyde Demand Worldwide in 2020, by Region." Statista, Statista Inc., 30 Jul 2021, https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/
Methanol Market Services Asia (MMSA), Distribution of formaldehyde demand worldwide in 2020, by region Statista, https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/ (last visited August 24, 2024)
Distribution of formaldehyde demand worldwide in 2020, by region [Graph], Methanol Market Services Asia (MMSA), July 30, 2021. [Online]. Available: https://www.statista.com/statistics/1323629/distribution-of-formaldehyde-demand-worldwide-by-region/