Formaldehyde is the simplest aldehyde and it is one of the most important organic building blocks in the chemical industry. Formaldehyde exists as a colorless gas at room temperature and is soluble in water, alcohol and other polar solvents. Generally, it is available as aqueous solution of formaldehyde with 37% concentration and 3-7% methanol for stabilization purpose. Aqueous formaldehyde is used to produce amino resins (UF, MUF and MF Resins), phenolic resins, surfactants, additives for tanning, disinfectants, preservatives and pharmaceutical products.