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Calcium Formate Market By Application (Leather Tanning, Cement Additive, Silage Treatment, Gas Generation, Flue-Gas Desulfurization, Animal Feed Additive) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Calcium formate market is estimated to grow with a CAGR of 4.5% from 2017 to 2025. The most prominent factor fueling the calcium formate growth is steadily growing leather industry across the world. Calcium formate is widely used for masking in the chrome-tanning process across the leather industry. Combining calcium formate to the tannage formulation is used to promote more efficient penetration of chrome in leather. Thus, with the consistently rising demand for leather products, the overall calcium formate market is set to register robust growth in the following years.

Construction industry is another major application of calcium formate. Calcium formate helps to increase the mechanical strength of cement based mixtures. Additionally, calcium formate increases the speed of formation of tricalcic aluminate and silicate, which further helps reducing the setting time of concrete and improves hardening. Steadily growing construction sector, especially in the Asia Pacific region, is estimated to continue driving the calcium formate market over the forecast period. Other major applications of calcium formate include building/construction materials, adhesives and sealants, anti-freeze and de-icing products, floor coverings, laundry and dishwashing products.

Calcium Formate Market

The report titled “Global Calcium Formate Market - Growth, Future Prospects and Competitive Analysis, 2017– 2025” offers strategic insights into the global calcium formate industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on calcium formate market size, application and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, trends, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall calcium formate market.

In order to help the strategic decision makers, the report also includes profiles of the leading calcium formate manufacturers, their business strategies and key developments. Some of the major players profiled in the report are Chongqing Chuandong Chemical (Group) Co., Ltd., Feicheng Acid Chemical Co., Ltd., GEO Specialty Chemicals, Hangzhou Focus Chemical Co., Ltd., Hubei Hengxin Chemical Co., Ltd., Jiangsu Ruiyang Chemical Co., Ltd., LANXESS AG, Perstorp Holding AB,PuYang YongAn Chemical Co., Ltd. (YACC), Shandong Baoyuan Chemical Co., Ltd., Shandong Xinruida Chemical Industry Co., Ltd., Zibo Ruibao Chemical Co., Ltd., and Zouping Fenlian Chemical Co., Ltd. Further, the report also covers market positioning of the key players operating in the calcium formate market. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the calcium formate industry
  • Market driver, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global calcium formate market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the application, the global calcium formate market is segmented as follows:

  • Leather Tanning
  • Cement Additive
  • Silage Treatment
  • Gas Generation
  • Flue-gas Desulfurization
  • Animal Feed Additive
  • Others (De-icing Agent etc)    

Calcium Formate Market 

Leather tanning and cement additive together contributed for share of almost 46% in the total market, as of 2016, followed by the silage treatment segment. Calcium formate is used in cement and all kinds of concrete, in order to improve cement hardening speed and shorten the setting time. Due to consistently rising construction & leather industry across the world, these two segments would continue dominate the market in the following years. The animal feed additive segment is set to witness the highest growth rate during the forecast period 2017 -2025.

For the purpose of this study, the global calcium formate market is categorized into the following geographies and sub-geographies:

  • North America (US, Canada)
  • Europe (U.K., Germany, Rest of Europe)
  • Asia Pacific (Japan, China, India and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Asia Pacific)
  • Middle East and Africa (GCC and Rest of the Middle East and Africa)

Calcium Formate Market

Asia Pacific had the largest market of around 47.96% share globally, followed by Europe with around 30% of market share. Rising construction industry in countries such as China and India is the major factor driving the calcium formate market growth. Asia Pacific is the largest producer of calcium formate, thereby governing the market trends. In Europe, increasing use of calcium formate in diverse arenas such as cement, leather tanning, and animal feed additive is another factor fueling the calcium formate market growth. Leather and tanning applications had the largest market share in Central and South America, Africa, Middle East, India, and Europe.

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Published Date:  Jul 2017
Category:  Chemicals
Report ID:   58598
Report Format:   PDF
Pages:   120
Rating:    4.3 (40)
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