Calcium Formate Market 2022-2028

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Global Calcium Formate Market Size, Share, and Trends Analysis Report, By Grade (Industrial and Feed), By Application (Feed Additives, Tile & Stone Additives, Concrete Setting, Leather Tanning, Drilling Fluids, Flue Gas Desulfurization, and Others), By End-Use Industry (Construction, Leather & Textile, Animal Husbandry, Chemicals, Power Generation, and Others), Forecast Period (2022-2028)

The global calcium formate market is anticipated to grow at a substantial CAGR of 3.9% during the forecast period. Calcium formate has various uses in several industries, which makes its demand steady in the market. The compound is used in many products, including adhesives and sealants, fillers, putties, plasters, modeling clay, and fertilizers. The global calcium formate industry is expected to grow with some emerging market trends which include the surging application of calcium formate in leather production due to increasing outwear, apparel, accessories, automotive interiors demand, and new product development by market players. For instance, in November 2019, Perstorp invested in expanding its production capacity to a new pentaerythritol (Penta) production facility in Gujarat, India. The green-field Gujarat plant produced Penta, including the renewable grades of Voxtar, providing up to a 60% reduced carbon footprint. The investment will significantly expand Perstorp's Penta production capacity, designed to produce 40 kilotons (KT) of Penta per annum from 2022.

The global calcium formate market is segmented based on grade, application, and end-use industry. Based on grade, the market is sub-segmented into industrial and feed. Among these, the industrial grade segment is expected to grow at the fastest CAGR during the forecast period owing to the high demand for industrial grade calcium formate in various applications such as concrete setting, tile additives, and leather tanning. In addition, expansion of the construction industry and an increase in the demand for industrial-grade calcium formate in the leather industry are further likely to drive the segment growth. Based on application, the market is divided into feed additives, tile & stone additives, concrete setting, leather tanning, drilling fluids, flue gas desulfurization, and others. Based on the end-user industry, the market is sub-categorized into construction, leather & textile, animal husbandry, chemicals, power generation, and others.

Geographically, the calcium formate market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is likely to hold the largest share in the market during the forecast period. The rise in consumption of calcium formate in the building & construction industry and growing demand for agriproducts are the major factors accelerating the market growth.

The major market players in the global calcium formate market include Lanxess AG, Perstorp Group, Chongqing Chuandong Chemical (Group) Co. Ltd., Geo Specialty Chemical Inc., and Zibo Ruibao Chemical Co. Ltd., Shandong Xinruida Chemical Industry, Geo Specialty Chemicals, among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Research Methodology

The market study of the global calcium formate market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Calcium Formate Research and Analysis by Grade

2. Global Calcium Formate Research and Analysis by Application

3. Global Calcium Formate Research and Analysis by End-Use Industry

The Report Covers:

Comprehensive Research Methodology of the global calcium formate market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global calcium formate market.
Insights about market determinants that are stimulating the global calcium formate market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026088

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. LANXESS AG
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. PMC Group
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Geo Speciality Chemicals
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Zouping Fenlian Chemical Co.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Perstorp Holding AB
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis

4. Market Segmentation

4.1. Global Calcium Formate Market by Grade
- 4.1.1. Industrial Grade
- 4.1.2. Feed Grade
4.2. Global Calcium Formate Market by Application
- 4.2.1. Feed Additives
- 4.2.2. Tile & Stone Additives
- 4.2.3. Concrete Setting
- 4.2.4. Leather Tanning
- 4.2.5. Drilling Fluids
- 4.2.6. Flue Gas Desulfurization
- 4.2.7. Others
4.3. Global Calcium Formate Market by End-Use Industry
- 4.3.1. Construction
- 4.3.2. Leather & Textile
- 4.3.3. Animal Husbandry
- 4.3.4. Chemicals
- 4.3.5. Power Generation
- 4.3.6. Others

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. American Elements
6.2. Chongqing Chuandong Chemical (Group) Co. Ltd.
6.3. Henan Botai Chemical Building Material Co. Ltd.
6.4. Jiangxi Kosin Organic Chemical Co. Ltd
6.5. Shandong Baoyuan Chemical Co. Ltd.
6.6. Sidley Chemical Co. Ltd.
6.7. Zibo Ruibao Chemical Co. Ltd.