Formic acid market

Formic Acid Market, By Type: (Grade 85% , Grade 94%, Grade 99%, and Others), By Application (Animal Feed and Silage Additive, Leather Tanning, Textile Dyeing and Finishing, Intermediary in Pharmaceuticals, and Other Applications), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • May 2024
  • CMI5180
  • 136 Pages
  • Excel & Pdf
  • Specialty and Fine Chemicals
N/A

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
    • PEST Analysis
    • PORTER’s Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Mergers and Acquisitions
  4. Global Formic Acid Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting the Global Formic Acid Market
    • Impact Analysis
  5. Global Formic Acid Market, By Type, 2019-2031, (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Grade 85%
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Grade 94%
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Grade 99%
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Formic Acid Market, By Application, 2019-2031, (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Animal Feed and Silage Additive
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Leather Tanning
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Textile Dyeing and Finishing
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Intermediary in Pharmaceuticals
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Other Applications
      • Market Share Analysis, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Formic Acid Market, By Region, 2019-2031, (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019-2031
    • North America
      • Introduction
      • Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
        • U.S.
        • Canada
    • Latin America
      • Introduction
      • Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn & KT))
      • Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Introduction
      • Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, By Type, 2019 – 2031, (US$ Bn & KT)
      • Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn & KT)
      • Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • BASF SE
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Eastman Chemical Company
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Shandong Acid Technology Co. Ltd
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Gujarat Narmada Valley Fertilizers & Chemicals Limited
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • LUXI GROUP
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Perstorp Holdings ABPOLIOLI SpA
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • PT Pupuk Kujang
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Wuhan Ruisunny Chemical Co. Ltd
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Prakash Chemicals Agencies Pvt. Ltd.
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • GJ Chemical
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • EMCO Dyestuff
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Kakadiya Chemicals
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Meru Chem Pvt. Ltd
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • SGS & Company
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • CDH Fine Chemical
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
      • Rashtriya Chemicals and Fertilizers Limited
        • Company Overview
        • Product  Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 25 market data tables* and 20 figures* on "Global Formic Acid Market” - Global forecast to 2031.

Detailed Segmentation-

  • By Type:
    • Grade 85%
    • Grade 94%
    • Grade 99%
    • Others
  • By Application:
    • Animal Feed and Silage Additive
    • Leather Tanning
    • Textile Dyeing and Finishing
    • Intermediary in Pharmaceuticals
    • Other Applications
  • By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
- Frequently Asked Questions -

What will be the CAGR of the global formic acid market in 2024?

The CAGR of the global formic acid market is projected to be 5.6% from 2024 to 2031.

What are the major factors driving the global formic acid market growth?

Growing demand from animal feed industry and growing rubber processing needs are the major factors driving the growth of the global formic acid market.

What are the key factors hampering the growth of the global formic acid market?

Growing demand for preservatives and animal feed applications and supply demand gap are the major factors hampering the growth of the global formic acid market.

Which is the leading type in the global formic acid market in 2024?

In terms of type, grade 85% is estimated to dominate the market revenue share in 2024.

Which are the major players operating in the global formic acid market?

BASF SE, Eastman Chemical Company, Shandong Acid Technology Co. Ltd, Gujarat Narmada Valley Fertilizers & Chemicals Limited, LUXI GROUP, Perstorp Holdings ABPOLIOLI SpA, PT Pupuk Kujang, Wuhan Ruisunny Chemical Co. Ltd, Prakash Chemicals Agencies Pvt. Ltd., GJ Chemical, EMCO Dyestuff, Kakadiya Chemicals, Meru Chem Pvt. Ltd, SGS & Company, CDH Fine Chemical, and Rashtriya Chemicals and Fertilizers Limited are the major players.

Which region will lead the global formic acid market in 2024?

North America is expected to lead the global formic acid market.
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