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Formaldehyde is a naturally-occurring organic compound with the formula CH2O. It is the simplest aldehyde and is also known by its synonyms name formalin or methanal. The common name of this substance comes from its similarity and relation to formic acid. Formaldehyde is an important precursor to many other materials and chemical compounds. It is mainly used in the production of industrial resins, for the manufacture of particle boards and in the coating industry.