The objective of the current study was to analyze the current safety status of formaldehyde. More than 670 manufacturers in 15 business sectors were enrolled. A MFA of the manufacturers showed that manufacturer M, which specializes in the manufacture of basic organic chemicals, used the most formaldehyde (120,000 tons), and manufacturer B, which specializes in the manufacture of general varnish and related products, used the least (8 tons). The results of this study can be used to collect scattered material flow and identify different parts of the country where a nationally produced substance, such as formaldehyde, can be stored. The details of the toxicity reflected in the composition and the amount of formaldehyde are likely to be utilized to produce personal protective equipment.