Synthetic resins and their raw materials / A survey of the types and uses of synthetic resins, the organization of the industry, and the trade in resins and raw materials, with particular references to factors essential to tariff consideration. Under the general provisions of section 332, title III, part II, Tariff act of 1930.

by United States Tariff Commission

Competitive conditions.

The competitive situation with respect to formaldehyde is determined largely by the output and price of the raw material, methanol. The United States produces large quantities of synthetic and natural methanol and is a net exporter of that product. Both methanol and formaldehyde are produced in many foreign countries, and foreign production is expanding. Although methanol is now the main, if not the sole, raw material utilized in making formaldehyde, plants for making the latter direct from natural gas, or from petroleum gas hydrocarbons are contemplated or actually under construction. Should such processes develop to an appreciable extent, the competitive situation of the United States may change, but in such case it is unlikely that this country would be so affected as to change its position as a moderate exporter.