A: Yes. Formaldehyde is a colorless, pungent-smelling gas.
According to the US EPA, formaldehyde can cause watery eyes, burning sensations in the eyes and throat, nausea, and difficulty in breathing in some humans exposed at elevated levels (above 0.1 parts per million). High concentrations may trigger attacks in people with asthma. Formaldehyde is also listed by the US National Toxicology Program as "reasonably anticipated to cause cancer."