Thu, 28 Oct 2021


The new report by EMR titled, 'Global Calcium Formate Market Report and Forecast 2021-2026' gives an in-depth analysis of the Global Calcium Formate Industry Market, assessing the market based on its segments like Grade and Application, and major regions which includes India, Japan, China, South Korea, etc. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/calcium-formate-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 536 Million
  • Forecast CAGR (2021-2026): 5.2%
  • Forecast Market Size (2026): USD 729 Million

The Asia Pacific is one of the leading markets in the calcium formate industry worldwide. In 2020, the Asia Pacific region accounted for the largest share of the demand for calcium formate. In countries including India, Japan, China and South Korea, drivers such as the increasingly growing consumption of calcium formate in the building, chemical, leather, textile and animal husbandry industries have led to strong demand for calcium formate in the Asia Pacific region. In the calcium formate industry, Europe is expected to see notable growth. The growing demand from the feed industry is contributing to the region's market development. In addition to this, another primary factor driving market growth in Europe is the use of calcium methanoate in various applications in the construction industry.

Industry Definition and Major Segments

In the construction industry, calcium formate is used as a cement additive for the fast setting and increasing hardness of cement products. Calcium formate is used as a PH regulator, an inhibitor corrosion protector for building and facilities substratum, and in oil drilling cementation.

On the basis of grade, the industry is divided into:

  • Feed Grade
  • Industrial Grade

Based on application, the industry can be segmented into:

  • Feed Additive
  • Leather Tanning
  • Textile Additive
  • Concrete-Setting Accelerators
  • Flue Gas Desulfurization
  • Drilling Fluids
  • Others

The major regions will include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Market Trends

In recent years, the adoption of calcium formate in the manufacturing and processing sectors has acquired a fascinating uptick as an ideal additive to stymie corrosion in wire casting and moulding operations. Advances within the animal nutrition industry have ensured that there is a rise in demand for efficient feed additives to achieve a higher conversion rate. The main objective of passenger safety, as the highest priority among car manufacturers, and therefore the efficiency of the calcium formate in boosting airbag functionality, has collectively favoured the growth of the market in recent years.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/calcium-formate-market

Key Market Players

The major players in the market are Laxness AG, Huanghua Pengfa Chemical Co., Ltd, Perstop Holding AB, GEO Specialty Chemicals, Inc, Shandong Baoyuan Chemicals Co., Ltd, Jiangxi Kosin Frontier Technology Co., Ltd. The report covers the market shares, capacities, plant turnarounds, expansions, investments, mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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