The global market for Urea Formaldehyde Resin was estimated to be worth US$ 12170 million in 2024 and is forecast to a readjusted size of US$ 14830 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Urea Formaldehyde Resin cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Urea formaldehyde resin is a non-transparent, cross-linked thermoset resin or plastic, which is a chemical mixture of urea and formaldehyde. It is used extensively in different end-user industries as it provides high reactivity and performance at a relatively low cost.
The global urea-formaldehyde resin market centers on high-performance, cost-effective thermosetting adhesives prized for their strong bonding capability, fast curing, and versatility. Originating from condensed urea and formaldehyde, these resins are widely used in engineered wood products-such as plywood, particleboard, and MDF-as well as in laminates, insulation foams, textile finishes, automotive components, and certain fertilizer formulations . Their ubiquity in construction, furniture, and automotive sectors stems from their efficiency and durability, offering manufacturers a reliable yet economical adhesive solution.
In recent years, the market has been shaped by a drive toward sustainability, leading to innovations around low-emission and bio-based resin formulations, as well as cleaner production methods to comply with tightening environmental regulations . Meanwhile, demand splits regionally: Asia-Pacific retains leadership thanks to booming urbanization and manufacturing, while North American and European markets grow amid stricter standards around formaldehyde emissions that push resin producers toward greener variants . This combination of enduring industrial demand and environmental pressure is steering the urea-formaldehyde resin market into a phase of evolution and refinement.
This report aims to provide a comprehensive presentation of the global market for Urea Formaldehyde Resin, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Urea Formaldehyde Resin by region & country, by Type, and by Application.
The Urea Formaldehyde Resin market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Urea Formaldehyde Resin.
Market Segmentation
By Company
- Hexion
- Advachem
- Metadynea
- Allnex
- Dynea
- Kronospan
- Mitisuichem
- Hexza
- Basf
- Chemiplastica
- GP Chem
- Rayonier Advanced Materials
- Ercros
- Foresa
- Jilin Forest
- Sanmu
- Yuntianhua
- Huasen
- Gaoxing Muye
- Yuanye
- Senbang
- Bosson
Segment by Type
- Urea Formaldehyde Resin Powder
- Urea Formaldehyde Resin Solution
Segment by Application
- Composite Panel Products
- Electrical Plastic Product
- Industrial Abrasives
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Urea Formaldehyde Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Urea Formaldehyde Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Urea Formaldehyde Resin in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Urea Formaldehyde Resin Product Introduction
- 1.2 Global Urea Formaldehyde Resin Market Size Forecast
- 1.2.1 Global Urea Formaldehyde Resin Sales Value (2020-2031)
- 1.2.2 Global Urea Formaldehyde Resin Sales Volume (2020-2031)
- 1.2.3 Global Urea Formaldehyde Resin Sales Price (2020-2031)
- 1.3 Urea Formaldehyde Resin Market Trends & Drivers
- 1.3.1 Urea Formaldehyde Resin Industry Trends
- 1.3.2 Urea Formaldehyde Resin Market Drivers & Opportunity
- 1.3.3 Urea Formaldehyde Resin Market Challenges
- 1.3.4 Urea Formaldehyde Resin Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Urea Formaldehyde Resin Players Revenue Ranking (2024)
- 2.2 Global Urea Formaldehyde Resin Revenue by Company (2020-2025)
- 2.3 Global Urea Formaldehyde Resin Players Sales Volume Ranking (2024)
- 2.4 Global Urea Formaldehyde Resin Sales Volume by Company Players (2020-2025)
- 2.5 Global Urea Formaldehyde Resin Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Urea Formaldehyde Resin Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Urea Formaldehyde Resin Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Urea Formaldehyde Resin
- 2.9 Urea Formaldehyde Resin Market Competitive Analysis
- 2.9.1 Urea Formaldehyde Resin Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Urea Formaldehyde Resin Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Urea Formaldehyde Resin as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Urea Formaldehyde Resin Powder
- 3.1.2 Urea Formaldehyde Resin Solution
- 3.2 Global Urea Formaldehyde Resin Sales Value by Type
- 3.2.1 Global Urea Formaldehyde Resin Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Urea Formaldehyde Resin Sales Value, by Type (2020-2031)
- 3.2.3 Global Urea Formaldehyde Resin Sales Value, by Type (%) (2020-2031)
- 3.3 Global Urea Formaldehyde Resin Sales Volume by Type
- 3.3.1 Global Urea Formaldehyde Resin Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Urea Formaldehyde Resin Sales Volume, by Type (2020-2031)
- 3.3.3 Global Urea Formaldehyde Resin Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Urea Formaldehyde Resin Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Composite Panel Products
- 4.1.2 Electrical Plastic Product
- 4.1.3 Industrial Abrasives
- 4.1.4 Others
- 4.2 Global Urea Formaldehyde Resin Sales Value by Application
- 4.2.1 Global Urea Formaldehyde Resin Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Urea Formaldehyde Resin Sales Value, by Application (2020-2031)
- 4.2.3 Global Urea Formaldehyde Resin Sales Value, by Application (%) (2020-2031)
- 4.3 Global Urea Formaldehyde Resin Sales Volume by Application
- 4.3.1 Global Urea Formaldehyde Resin Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Urea Formaldehyde Resin Sales Volume, by Application (2020-2031)
- 4.3.3 Global Urea Formaldehyde Resin Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Urea Formaldehyde Resin Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Urea Formaldehyde Resin Sales Value by Region
- 5.1.1 Global Urea Formaldehyde Resin Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Urea Formaldehyde Resin Sales Value by Region (2020-2025)
- 5.1.3 Global Urea Formaldehyde Resin Sales Value by Region (2026-2031)
- 5.1.4 Global Urea Formaldehyde Resin Sales Value by Region (%), (2020-2031)
- 5.2 Global Urea Formaldehyde Resin Sales Volume by Region
- 5.2.1 Global Urea Formaldehyde Resin Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Urea Formaldehyde Resin Sales Volume by Region (2020-2025)
- 5.2.3 Global Urea Formaldehyde Resin Sales Volume by Region (2026-2031)
- 5.2.4 Global Urea Formaldehyde Resin Sales Volume by Region (%), (2020-2031)
- 5.3 Global Urea Formaldehyde Resin Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Urea Formaldehyde Resin Sales Value, 2020-2031
- 5.4.2 North America Urea Formaldehyde Resin Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Urea Formaldehyde Resin Sales Value, 2020-2031
- 5.5.2 Europe Urea Formaldehyde Resin Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Urea Formaldehyde Resin Sales Value, 2020-2031
- 5.6.2 Asia Pacific Urea Formaldehyde Resin Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Urea Formaldehyde Resin Sales Value, 2020-2031
- 5.7.2 South America Urea Formaldehyde Resin Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Urea Formaldehyde Resin Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Urea Formaldehyde Resin Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Urea Formaldehyde Resin Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Urea Formaldehyde Resin Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Urea Formaldehyde Resin Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.3.2 United States Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.4.2 Europe Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.5.2 China Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.6.2 Japan Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.7.2 South Korea Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.8.2 Southeast Asia Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Urea Formaldehyde Resin Sales Value, 2020-2031
- 6.9.2 India Urea Formaldehyde Resin Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Urea Formaldehyde Resin Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Hexion
- 7.1.1 Hexion Company Information
- 7.1.2 Hexion Introduction and Business Overview
- 7.1.3 Hexion Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Hexion Urea Formaldehyde Resin Product Offerings
- 7.1.5 Hexion Recent Development
- 7.2 Advachem
- 7.2.1 Advachem Company Information
- 7.2.2 Advachem Introduction and Business Overview
- 7.2.3 Advachem Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Advachem Urea Formaldehyde Resin Product Offerings
- 7.2.5 Advachem Recent Development
- 7.3 Metadynea
- 7.3.1 Metadynea Company Information
- 7.3.2 Metadynea Introduction and Business Overview
- 7.3.3 Metadynea Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Metadynea Urea Formaldehyde Resin Product Offerings
- 7.3.5 Metadynea Recent Development
- 7.4 Allnex
- 7.4.1 Allnex Company Information
- 7.4.2 Allnex Introduction and Business Overview
- 7.4.3 Allnex Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Allnex Urea Formaldehyde Resin Product Offerings
- 7.4.5 Allnex Recent Development
- 7.5 Dynea
- 7.5.1 Dynea Company Information
- 7.5.2 Dynea Introduction and Business Overview
- 7.5.3 Dynea Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Dynea Urea Formaldehyde Resin Product Offerings
- 7.5.5 Dynea Recent Development
- 7.6 Kronospan
- 7.6.1 Kronospan Company Information
- 7.6.2 Kronospan Introduction and Business Overview
- 7.6.3 Kronospan Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Kronospan Urea Formaldehyde Resin Product Offerings
- 7.6.5 Kronospan Recent Development
- 7.7 Mitisuichem
- 7.7.1 Mitisuichem Company Information
- 7.7.2 Mitisuichem Introduction and Business Overview
- 7.7.3 Mitisuichem Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Mitisuichem Urea Formaldehyde Resin Product Offerings
- 7.7.5 Mitisuichem Recent Development
- 7.8 Hexza
- 7.8.1 Hexza Company Information
- 7.8.2 Hexza Introduction and Business Overview
- 7.8.3 Hexza Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Hexza Urea Formaldehyde Resin Product Offerings
- 7.8.5 Hexza Recent Development
- 7.9 Basf
- 7.9.1 Basf Company Information
- 7.9.2 Basf Introduction and Business Overview
- 7.9.3 Basf Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Basf Urea Formaldehyde Resin Product Offerings
- 7.9.5 Basf Recent Development
- 7.10 Chemiplastica
- 7.10.1 Chemiplastica Company Information
- 7.10.2 Chemiplastica Introduction and Business Overview
- 7.10.3 Chemiplastica Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Chemiplastica Urea Formaldehyde Resin Product Offerings
- 7.10.5 Chemiplastica Recent Development
- 7.11 GP Chem
- 7.11.1 GP Chem Company Information
- 7.11.2 GP Chem Introduction and Business Overview
- 7.11.3 GP Chem Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 GP Chem Urea Formaldehyde Resin Product Offerings
- 7.11.5 GP Chem Recent Development
- 7.12 Rayonier Advanced Materials
- 7.12.1 Rayonier Advanced Materials Company Information
- 7.12.2 Rayonier Advanced Materials Introduction and Business Overview
- 7.12.3 Rayonier Advanced Materials Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Rayonier Advanced Materials Urea Formaldehyde Resin Product Offerings
- 7.12.5 Rayonier Advanced Materials Recent Development
- 7.13 Ercros
- 7.13.1 Ercros Company Information
- 7.13.2 Ercros Introduction and Business Overview
- 7.13.3 Ercros Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Ercros Urea Formaldehyde Resin Product Offerings
- 7.13.5 Ercros Recent Development
- 7.14 Foresa
- 7.14.1 Foresa Company Information
- 7.14.2 Foresa Introduction and Business Overview
- 7.14.3 Foresa Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Foresa Urea Formaldehyde Resin Product Offerings
- 7.14.5 Foresa Recent Development
- 7.15 Jilin Forest
- 7.15.1 Jilin Forest Company Information
- 7.15.2 Jilin Forest Introduction and Business Overview
- 7.15.3 Jilin Forest Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Jilin Forest Urea Formaldehyde Resin Product Offerings
- 7.15.5 Jilin Forest Recent Development
- 7.16 Sanmu
- 7.16.1 Sanmu Company Information
- 7.16.2 Sanmu Introduction and Business Overview
- 7.16.3 Sanmu Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Sanmu Urea Formaldehyde Resin Product Offerings
- 7.16.5 Sanmu Recent Development
- 7.17 Yuntianhua
- 7.17.1 Yuntianhua Company Information
- 7.17.2 Yuntianhua Introduction and Business Overview
- 7.17.3 Yuntianhua Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Yuntianhua Urea Formaldehyde Resin Product Offerings
- 7.17.5 Yuntianhua Recent Development
- 7.18 Huasen
- 7.18.1 Huasen Company Information
- 7.18.2 Huasen Introduction and Business Overview
- 7.18.3 Huasen Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Huasen Urea Formaldehyde Resin Product Offerings
- 7.18.5 Huasen Recent Development
- 7.19 Gaoxing Muye
- 7.19.1 Gaoxing Muye Company Information
- 7.19.2 Gaoxing Muye Introduction and Business Overview
- 7.19.3 Gaoxing Muye Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Gaoxing Muye Urea Formaldehyde Resin Product Offerings
- 7.19.5 Gaoxing Muye Recent Development
- 7.20 Yuanye
- 7.20.1 Yuanye Company Information
- 7.20.2 Yuanye Introduction and Business Overview
- 7.20.3 Yuanye Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Yuanye Urea Formaldehyde Resin Product Offerings
- 7.20.5 Yuanye Recent Development
- 7.21 Senbang
- 7.21.1 Senbang Company Information
- 7.21.2 Senbang Introduction and Business Overview
- 7.21.3 Senbang Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.21.4 Senbang Urea Formaldehyde Resin Product Offerings
- 7.21.5 Senbang Recent Development
- 7.22 Bosson
- 7.22.1 Bosson Company Information
- 7.22.2 Bosson Introduction and Business Overview
- 7.22.3 Bosson Urea Formaldehyde Resin Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.22.4 Bosson Urea Formaldehyde Resin Product Offerings
- 7.22.5 Bosson Recent Development
8 Industry Chain Analysis
- 8.1 Urea Formaldehyde Resin Industrial Chain
- 8.2 Urea Formaldehyde Resin Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Urea Formaldehyde Resin Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Urea Formaldehyde Resin Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer