Calcium Formate Market – Global Industry Analysis And Forecast (2024-2030)

Calcium Formate Market was valued at US$ 541.37 Mn. in 2023. The Global Calcium Formate Market size is estimated to grow at a CAGR of 3.8 % over the forecast period.

Calcium Formate Market Overview:

The report explores the Calcium Formate market's segments (Type, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Calcium Formate market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Calcium Formate market's contemporary competitive scenario.Calcium Formate MarketTo know about the Research Methodology :- Request Free Sample Report

Calcium Formate Market Dynamics:

Additives, concrete accelerators, tile adhesives, and cement-based mortars are all made with calcium formate. Increased cement usage boosts the calcium formate demand in the construction industry. In the development business, calcium formate is used as a cement preservative to speed up the putting process and enhance the hardness of cement. Besides using calcium formate as a corrosion inhibitor and pH regulator, it is also used for constructing and protecting infrastructure substrates, as well as for oil drilling. It is often used to make concrete in China, a major cement manufacturer and consumer. As a result, calcium formate's market is being driven by the increased need for cement within the construction industry. Calcium formate is available in several forms in cement and urban enterprise applications, including thiocyanates, chlorides, carbonates, thiosulfates, silicates, bromides, flourides, nitrates, alkali hydroxides, and aluminates. In many cases, calcium formate's market growth is slowed by those replacements, who are mostly employed inside the production industry With several governments across the globe are imposing rules on fat enhancers used in animal feed, calcium formate are expected to become an increasingly popular feed additive over the forecast period. Nutrition-dense feed contributes to the fitness of the digestive system of animals. It recommends using chemical compounds and preservatives in feed to ensure healthy growth in livestock. In addition, growing meat and chicken consumption has increased the demand for livestock, which presents opportunity for calcium formate producers. The important uncooked substances used in the manufacturing of calcium formate are formic acid and calcium carbonate. The calcium formate great market for those uncooked substances because of their rate instability. Due to this calcium formate manufacturers are seeking out low-cost methods to reduce manufacturing costs while increasing margins.

Segment Analysis:

Based on Type, the Calcium Formate Market is segmented into feed grade and industrial grade. Feed Grade is dominating the market by 65%. Feed Grade is a material that has been determined to be safe, functional, and suitable for its intended use in animal food. It can prevent the loss of vitamins and decomposes into free formic acid under the effect of gastric acid, thus lowering the pH value of contents in the stomach. Based on Application, the Calcium Formate Market is segmented into building and construction, animal husbandry, leather and textile, energy and power, chemicals, others. Demand for calcium formate is boosted by the growth of cement consumption in the construction industry. As it accelerates the formation of tricalcium alluminate silicate, it impacts both setting and hardening times. Calcium formate is a part of tanning formulations that improve the penetration in leather.

Calcium Formate Market Regional Insights:

The Asia Pacific region held the largest market share accounting for 34.1% in 2023. The emergence of healthful end-consumer industries, there is a forecast in funding in 2030 as a result of the emergence of healthful end consumer industries, such as pharmaceuticals, foods, and automobiles in the Asia Pacific area, it is anticipated that different places will stimulate market growth. In India, development business market remained weak due to higher coal costs for cement production and its restricted accessibility, crushing profits and increasing production costs to meet consumer demands. Feedstock Methanol costs, on the other hand, remain cheap due to freight transit from Russia to Northeast and Southeast Asian countries. As the end of the financial year approached, the Indian petrochemical market was under pressure, with traders looking for a more precise pricing direction. Calcium Formate was priced at USD 730/FOB Qingdao in March in China. Following Asia Pacific, North America is anticipated to have the greatest market boom since it is positively advance and trade, which includes packaged products and protection issues, will be the number one selling point. On top of positive energy prices and low inventories among the major producers, the formaldehyde and calcium hydroxide markets were also strong. Calcium formate price increased by 2% this quarter. Because of the continuous war between Russia and Ukraine, natural gas and crude oil prices have increased. The demand for additional stock was boosted when existing stocks were used up by businesses. In March, the price of Calcium Formate in the United States was USD 1180/tonne CFR Louisiana. The objective of the report is to present a comprehensive analysis of the global Calcium Formate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Calcium Formate Market dynamic and structure by analyzing the market segments and projecting the Barium Fluoride Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Barium Fluoride Market make the report investor’s guide.

Calcium Formate Market Scope: Inquiry Before Buying

Calcium Formate Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US$ 541.37 Mn.
Forecast Period 2024 to 2030 CAGR: 3.8% Market Size in 2030: US$ 702.88 Mn.
Segments Covered: by Type Feed grade Industrial grade
by Application Building and construction Animal husbandry Leather and textile Energy and power Chemicals Others

by Region:

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Calcium Formate Market Key Players:

1. Jiangxi Kosin Organic Chemical 2. Chongqing Chuandong Chemical Co., Ltd 3. Shandong BaoYuan Chemical Co. 4. Wujiang Hongyang Chemical 5. Zibo Zhongchuan Chemical 6. GEO Specialty Chemicals 7. Sidley Chemical Co., Ltd. 8. LANXESS Corporation 9. Zibo Ruibao Chemical 10.Zouping Fenlian 11.Henan Botai Chemical Building Material Co., Ltd. 12.Fano Biotech 13.Perstorp 14.American Elements 15.Zouping Fenlian Chemical Company Frequently asked questions: 1. What is the calcium formate market size? Ans. Calcium formate market is forecasted to reach $ 702.88 Mn by 2030. 2. Which region is more eye-catching for vendors in the calcium formate market? Ans. Asia pacific is more eye-catching for vendors in the calcium formate market. 3. Who are the key competitors in the calcium formate market? Ans. Jiangxi Kosin Organic Chemical, Chongqing Chuandong Chemical Co., Ltd , Shandong BaoYuan Chemical Co. ,Wujiang Hongyang Chemical, Zibo Zhongchuan Chemical, GEO Specialty Chemicals, Sidley Chemical Co., Ltd., LANXESS Corporation, Zibo Ruibao Chemical, Zouping Fenlian, Henan Botai Chemical Building Material Co., Ltd., Fano Biotech, Perstorp, American Elements, Zouping Fenlian Chemical Company. 4. What is the CAGR of calcium formate market? Ans. Calcium formate market is forecasted to grow at a CAGR of 3.8% during forecast period. 5. What are the application segments of the calcium formate market? Ans. The application segments of the market are building and construction, animal husbandry, leather and textile, energy and power, chemicals, others.
1. Global Calcium Formate Market Size: Research Methodology 2. Global Calcium Formate Market Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Calcium Formate Market Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Calcium Formate Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Calcium Formate Market Size Segmentation 4.1. Global Calcium Formate Market Size, by Type (2023-2030) • Feed Grade • Industrial Grade 4.2. Global Calcium Formate Market Size, by Application (2023-2030) • Building and construction • Animal husbandry • Leather and textile • Energy and power • Chemicals • Others 5. North America Calcium Formate Market (2023-2030) 5.1. North America Calcium Formate Market Size, by Type (2023-2030) • Feed grade • Industrial grade 5.2. North America Calcium Formate Market Size by Application (2023-2030) • Building and construction • Animal husbandry • Leather and textile • Energy and power • Chemicals • Others 5.3. North America Calcium Formate Market, by Country (2023-2030) • United States • Canada • Mexico 6. European Calcium Formate Market (2023-2030) 6.1. European Calcium Formate Market, by Type (2023-2030) 6.2. European Calcium Formate Market, by Application (2023-2030) 6.3. European Calcium Formate Market, by Country (2023-2030) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Calcium Formate Market (2023-2030) 7.1. Asia Pacific Calcium Formate Market, by Type (2023-2030) 7.2. Asia Pacific Calcium Formate Market, by Application (2023-2030) 7.3. Asia Pacific Calcium Formate Market, by Country (2023-2030) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Calcium Formate Market (2023-2030) 8.1. Middle East and Africa Calcium Formate Market, by Type (2023-2030) 8.2. Middle East and Africa Calcium Formate Market, by Application (2023-2030) 8.3. Middle East and Africa Calcium Formate Market, by Country (2023-2030) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Calcium Formate Market (2023-2030) 9.1. South America Calcium Formate Market, by Type (2023-2030) 9.2. South America Calcium Formate Market, by Application (2023-2030) 9.3. South America Calcium Formate Market, by Country (2023-2030) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Jiangxi Kosin Organic Chemicals 10.1.1. Jiangxi Kosin Organic Chemicals Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Chongqing Chuandong Chemical Co., Ltd 10.3. Shandong BaoYuan Chemical Co. 10.4. Wujiang Hongyang Chemical 10.5. Zibo Zhongchuan Chemical 10.6. GEO Specialty Chemicals 10.7. Sidley Chemical Co., Ltd. 10.8. LANXESS Corporation 10.9. Zouping Fenlian 10.10. Zibo Ruibao Chemical 10.11. Henan Botai Chemical Building Material Co., Ltd. 10.12. Perstorp 10.13. Fano Biotech 10.14. American Elements 10.15. Zouping Fenlian Chemical Company
  • INQUIRE BEFORE BUYING
MMRLogo
America's Fastest Growing Market Research Firm