Global Formic Acid Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

TABLE OF CONTENTS

1 Market Overview

• 1.1 Formic Acid Product Scope
• 1.2 Formic Acid by Type
  • 1.2.1 Global Formic Acid Sales by Type (2020 & 2024 & 2031)
  • 1.2.2 Content 85%
  • 1.2.3 Content below 85%
  • 1.2.4 Content above 90%
• 1.3 Formic Acid by Application
  • 1.3.1 Global Formic Acid Sales Comparison by Application (2020 & 2024 & 2031)
  • 1.3.2 Agriculture
  • 1.3.3 Leather & Textile
  • 1.3.4 Rubber
  • 1.3.5 Chemical & Pharmaceuticals
  • 1.3.6 Others
• 1.4 Global Formic Acid Market Estimates and Forecasts (2020-2031)
  • 1.4.1 Global Formic Acid Market Size in Value Growth Rate (2020-2031)
  • 1.4.2 Global Formic Acid Market Size in Volume Growth Rate (2020-2031)
  • 1.4.3 Global Formic Acid Price Trends (2020-2031)
• 1.5 Assumptions and Limitations

2 Market Size and Prospective by Region

• 2.1 Global Formic Acid Market Size by Region: 2020 VS 2024 VS 2031
• 2.2 Global Formic Acid Retrospective Market Scenario by Region (2020-2025)
  • 2.2.1 Global Formic Acid Sales Market Share by Region (2020-2025)
  • 2.2.2 Global Formic Acid Revenue Market Share by Region (2020-2025)
• 2.3 Global Formic Acid Market Estimates and Forecasts by Region (2026-2031)
  • 2.3.1 Global Formic Acid Sales Estimates and Forecasts by Region (2026-2031)
  • 2.3.2 Global Formic Acid Revenue Forecast by Region (2026-2031)
• 2.4 Major Region and Emerging Market Analysis
  • 2.4.1 North America Formic Acid Market Size and Prospective (2020-2031)
  • 2.4.2 Europe Formic Acid Market Size and Prospective (2020-2031)
  • 2.4.3 China Formic Acid Market Size and Prospective (2020-2031)
  • 2.4.4 India Formic Acid Market Size and Prospective (2020-2031)

3 Global Market Size by Type

• 3.1 Global Formic Acid Historic Market Review by Type (2020-2025)
  • 3.1.1 Global Formic Acid Sales by Type (2020-2025)
  • 3.1.2 Global Formic Acid Revenue by Type (2020-2025)
  • 3.1.3 Global Formic Acid Price by Type (2020-2025)
• 3.2 Global Formic Acid Market Estimates and Forecasts by Type (2026-2031)
  • 3.2.1 Global Formic Acid Sales Forecast by Type (2026-2031)
  • 3.2.2 Global Formic Acid Revenue Forecast by Type (2026-2031)
  • 3.2.3 Global Formic Acid Price Forecast by Type (2026-2031)
• 3.3 Different Types Formic Acid Representative Players

4 Global Market Size by Application

• 4.1 Global Formic Acid Historic Market Review by Application (2020-2025)
  • 4.1.1 Global Formic Acid Sales by Application (2020-2025)
  • 4.1.2 Global Formic Acid Revenue by Application (2020-2025)
  • 4.1.3 Global Formic Acid Price by Application (2020-2025)
• 4.2 Global Formic Acid Market Estimates and Forecasts by Application (2026-2031)
  • 4.2.1 Global Formic Acid Sales Forecast by Application (2026-2031)
  • 4.2.2 Global Formic Acid Revenue Forecast by Application (2026-2031)
  • 4.2.3 Global Formic Acid Price Forecast by Application (2026-2031)
• 4.3 New Sources of Growth in Formic Acid Application

5 Competition Landscape by Players

• 5.1 Global Formic Acid Sales by Players (2020-2025)
• 5.2 Global Top Formic Acid Players by Revenue (2020-2025)
• 5.3 Global Formic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Formic Acid as of 2024)
• 5.4 Global Formic Acid Average Price by Company (2020-2025)
• 5.5 Global Key Manufacturers of Formic Acid, Manufacturing Sites & Headquarters
• 5.6 Global Key Manufacturers of Formic Acid, Product Type & Application
• 5.7 Global Key Manufacturers of Formic Acid, Date of Enter into This Industry
• 5.8 Manufacturers Mergers & Acquisitions, Expansion Plans

6 Region Analysis

• 6.1 North America Market: Players, Segments, Downstream and Major Customers
  • 6.1.1 North America Formic Acid Sales by Company
    • 6.1.1.1 North America Formic Acid Sales by Company (2020-2025)
    • 6.1.1.2 North America Formic Acid Revenue by Company (2020-2025)
  • 6.1.2 North America Formic Acid Sales Breakdown by Type (2020-2025)
  • 6.1.3 North America Formic Acid Sales Breakdown by Application (2020-2025)
  • 6.1.4 North America Formic Acid Major Customer
  • 6.1.5 North America Market Trend and Opportunities
• 6.2 Europe Market: Players, Segments, Downstream and Major Customers
  • 6.2.1 Europe Formic Acid Sales by Company
    • 6.2.1.1 Europe Formic Acid Sales by Company (2020-2025)
    • 6.2.1.2 Europe Formic Acid Revenue by Company (2020-2025)
  • 6.2.2 Europe Formic Acid Sales Breakdown by Type (2020-2025)
  • 6.2.3 Europe Formic Acid Sales Breakdown by Application (2020-2025)
  • 6.2.4 Europe Formic Acid Major Customer
  • 6.2.5 Europe Market Trend and Opportunities
• 6.3 China Market: Players, Segments, Downstream and Major Customers
  • 6.3.1 China Formic Acid Sales by Company
    • 6.3.1.1 China Formic Acid Sales by Company (2020-2025)
    • 6.3.1.2 China Formic Acid Revenue by Company (2020-2025)
  • 6.3.2 China Formic Acid Sales Breakdown by Type (2020-2025)
  • 6.3.3 China Formic Acid Sales Breakdown by Application (2020-2025)
  • 6.3.4 China Formic Acid Major Customer
  • 6.3.5 China Market Trend and Opportunities
• 6.4 India Market: Players, Segments, Downstream and Major Customers
  • 6.4.1 India Formic Acid Sales by Company
    • 6.4.1.1 India Formic Acid Sales by Company (2020-2025)
    • 6.4.1.2 India Formic Acid Revenue by Company (2020-2025)
  • 6.4.2 India Formic Acid Sales Breakdown by Type (2020-2025)
  • 6.4.3 India Formic Acid Sales Breakdown by Application (2020-2025)
  • 6.4.4 India Formic Acid Major Customer
  • 6.4.5 India Market Trend and Opportunities

7 Company Profiles and Key Figures

• 7.1 BASF
  • 7.1.1 BASF Company Information
  • 7.1.2 BASF Business Overview
  • 7.1.3 BASF Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.1.4 BASF Formic Acid Products Offered
  • 7.1.5 BASF Recent Development
• 7.2 Eastman
  • 7.2.1 Eastman Company Information
  • 7.2.2 Eastman Business Overview
  • 7.2.3 Eastman Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.2.4 Eastman Formic Acid Products Offered
  • 7.2.5 Eastman Recent Development
• 7.3 Perstorp
  • 7.3.1 Perstorp Company Information
  • 7.3.2 Perstorp Business Overview
  • 7.3.3 Perstorp Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.3.4 Perstorp Formic Acid Products Offered
  • 7.3.5 Perstorp Recent Development
• 7.4 Rashtriya Chemicals and Fertilizers
  • 7.4.1 Rashtriya Chemicals and Fertilizers Company Information
  • 7.4.2 Rashtriya Chemicals and Fertilizers Business Overview
  • 7.4.3 Rashtriya Chemicals and Fertilizers Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.4.4 Rashtriya Chemicals and Fertilizers Formic Acid Products Offered
  • 7.4.5 Rashtriya Chemicals and Fertilizers Recent Development
• 7.5 Gujarat Narmada Valley Fertilizers & Chemicals
  • 7.5.1 Gujarat Narmada Valley Fertilizers & Chemicals Company Information
  • 7.5.2 Gujarat Narmada Valley Fertilizers & Chemicals Business Overview
  • 7.5.3 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.5.4 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Products Offered
  • 7.5.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Development
• 7.6 LUXI
  • 7.6.1 LUXI Company Information
  • 7.6.2 LUXI Business Overview
  • 7.6.3 LUXI Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.6.4 LUXI Formic Acid Products Offered
  • 7.6.5 LUXI Recent Development
• 7.7 Feicheng Acid
  • 7.7.1 Feicheng Acid Company Information
  • 7.7.2 Feicheng Acid Business Overview
  • 7.7.3 Feicheng Acid Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.7.4 Feicheng Acid Formic Acid Products Offered
  • 7.7.5 Feicheng Acid Recent Development
• 7.8 Chongqing Chuandong Chemical
  • 7.8.1 Chongqing Chuandong Chemical Company Information
  • 7.8.2 Chongqing Chuandong Chemical Business Overview
  • 7.8.3 Chongqing Chuandong Chemical Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.8.4 Chongqing Chuandong Chemical Formic Acid Products Offered
  • 7.8.5 Chongqing Chuandong Chemical Recent Development
• 7.9 Shijiazhuang Taihe Chemical
  • 7.9.1 Shijiazhuang Taihe Chemical Company Information
  • 7.9.2 Shijiazhuang Taihe Chemical Business Overview
  • 7.9.3 Shijiazhuang Taihe Chemical Formic Acid Sales, Revenue and Gross Margin (2020-2025)
  • 7.9.4 Shijiazhuang Taihe Chemical Formic Acid Products Offered
  • 7.9.5 Shijiazhuang Taihe Chemical Recent Development

8 Formic Acid Manufacturing Cost Analysis

• 8.1 Formic Acid Key Raw Materials Analysis
  • 8.1.1 Key Raw Materials
  • 8.1.2 Key Suppliers of Raw Materials
• 8.2 Proportion of Manufacturing Cost Structure
• 8.3 Manufacturing Process Analysis of Formic Acid
• 8.4 Formic Acid Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers

• 9.1 Marketing Channel
• 9.2 Formic Acid Distributors List
• 9.3 Formic Acid Customers

10 Formic Acid Market Dynamics

• 10.1 Formic Acid Industry Trends
• 10.2 Formic Acid Market Drivers
• 10.3 Formic Acid Market Challenges
• 10.4 Formic Acid Market Restraints

11 Research Findings and Conclusion

12 Appendix

• 12.1 Research Methodology
  • 12.1.1 Methodology/Research Approach
    • 12.1.1.1 Research Programs/Design
    • 12.1.1.2 Market Size Estimation
    • 12.1.1.3 Market Breakdown and Data Triangulation
  • 12.1.2 Data Source
    • 12.1.2.1 Secondary Sources
    • 12.1.2.2 Primary Sources
• 12.2 Author Details
• 12.3 Disclaimer

List of Tables

Table 1. Global Formic Acid Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)

Table 2. Global Formic Acid Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)

Table 3. Global Market Formic Acid Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Table 4. Global Formic Acid Sales (K MT) by Region (2020-2025)

Table 5. Global Formic Acid Sales Market Share by Region (2020-2025)

Table 6. Global Formic Acid Revenue (US$ Million) Market Share by Region (2020-2025)

Table 7. Global Formic Acid Revenue Share by Region (2020-2025)

Table 8. Global Formic Acid Sales (K MT) Forecast by Region (2026-2031)

Table 9. Global Formic Acid Sales Market Share Forecast by Region (2026-2031)

Table 10. Global Formic Acid Revenue (US$ Million) Forecast by Region (2026-2031)

Table 11. Global Formic Acid Revenue Share Forecast by Region (2026-2031)

Table 12. Global Formic Acid Sales by Type (K MT) & (2020-2025)

Table 13. Global Formic Acid Sales Share by Type (2020-2025)

Table 14. Global Formic Acid Revenue by Type (US$ Million) & (2020-2025)

Table 15. Global Formic Acid Price by Type (USD/MT) & (2020-2025)

Table 16. Global Formic Acid Sales by Type (K MT) & (2026-2031)

Table 17. Global Formic Acid Revenue by Type (US$ Million) & (2026-2031)

Table 18. Global Formic Acid Price by Type (USD/MT) & (2026-2031)

Table 19. Representative Players of Each Type

Table 20. Global Formic Acid Sales by Application (K MT) & (2020-2025)

Table 21. Global Formic Acid Sales Share by Application (2020-2025)

Table 22. Global Formic Acid Revenue by Application (US$ Million) & (2020-2025)

Table 23. Global Formic Acid Price by Application (USD/MT) & (2020-2025)

Table 24. Global Formic Acid Sales by Application (K MT) & (2026-2031)

Table 25. Global Formic Acid Revenue Market Share by Application (US$ Million) & (2026-2031)

Table 26. Global Formic Acid Price by Application (USD/MT) & (2026-2031)

Table 27. New Sources of Growth in Formic Acid Application

Table 28. Global Formic Acid Sales by Company (K MT) & (2020-2025)

Table 29. Global Formic Acid Sales Share by Company (2020-2025)

Table 30. Global Formic Acid Revenue by Company (US$ Million) & (2020-2025)

Table 31. Global Formic Acid Revenue Share by Company (2020-2025)

Table 32. Global Formic Acid by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Formic Acid as of 2024)

Table 33. Global Market Formic Acid Average Price by Company (USD/MT) & (2020-2025)

Table 34. Global Key Manufacturers of Formic Acid, Manufacturing Sites & Headquarters

Table 35. Global Key Manufacturers of Formic Acid, Product Type & Application

Table 36. Global Key Manufacturers of Formic Acid, Date of Enter into This Industry

Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 38. North America Formic Acid Sales by Company (2020-2025) & (K MT)

Table 39. North America Formic Acid Sales Market Share by Company (2020-2025)

Table 40. North America Formic Acid Revenue by Company (2020-2025) & (US$ Million)

Table 41. North America Formic Acid Revenue Market Share by Company (2020-2025)

Table 42. North America Formic Acid Sales by Type (2020-2025) & (K MT)

Table 43. North America Formic Acid Sales Market Share by Type (2020-2025)

Table 44. North America Formic Acid Sales by Application (2020-2025) & (K MT)

Table 45. North America Formic Acid Sales Market Share by Application (2020-2025)

Table 46. Europe Formic Acid Sales by Company (2020-2025) & (K MT)

Table 47. Europe Formic Acid Sales Market Share by Company (2020-2025)

Table 48. Europe Formic Acid Revenue by Company (2020-2025) & (US$ Million)

Table 49. Europe Formic Acid Revenue Market Share by Company (2020-2025)

Table 50. Europe Formic Acid Sales by Type (2020-2025) & (K MT)

Table 51. Europe Formic Acid Sales Market Share by Type (2020-2025)

Table 52. Europe Formic Acid Sales by Application (2020-2025) & (K MT)

Table 53. Europe Formic Acid Sales Market Share by Application (2020-2025)

Table 54. China Formic Acid Sales by Company (2020-2025) & (K MT)

Table 55. China Formic Acid Sales Market Share by Company (2020-2025)

Table 56. China Formic Acid Revenue by Company (2020-2025) & (US$ Million)

Table 57. China Formic Acid Revenue Market Share by Company (2020-2025)

Table 58. China Formic Acid Sales by Type (2020-2025) & (K MT)

Table 59. China Formic Acid Sales Market Share by Type (2020-2025)

Table 60. China Formic Acid Sales by Application (2020-2025) & (K MT)

Table 61. China Formic Acid Sales Market Share by Application (2020-2025)

Table 62. India Formic Acid Sales by Company (2020-2025) & (K MT)

Table 63. India Formic Acid Sales Market Share by Company (2020-2025)

Table 64. India Formic Acid Revenue by Company (2020-2025) & (US$ Million)

Table 65. India Formic Acid Revenue Market Share by Company (2020-2025)

Table 66. India Formic Acid Sales by Type (2020-2025) & (K MT)

Table 67. India Formic Acid Sales Market Share by Type (2020-2025)

Table 68. India Formic Acid Sales by Application (2020-2025) & (K MT)

Table 69. India Formic Acid Sales Market Share by Application (2020-2025)

Table 70. BASF Company Information

Table 71. BASF Description and Business Overview

Table 72. BASF Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 73. BASF Formic Acid Product

Table 74. BASF Recent Development

Table 75. Eastman Company Information

Table 76. Eastman Description and Business Overview

Table 77. Eastman Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 78. Eastman Formic Acid Product

Table 79. Eastman Recent Development

Table 80. Perstorp Company Information

Table 81. Perstorp Description and Business Overview

Table 82. Perstorp Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 83. Perstorp Formic Acid Product

Table 84. Perstorp Recent Development

Table 85. Rashtriya Chemicals and Fertilizers Company Information

Table 86. Rashtriya Chemicals and Fertilizers Description and Business Overview

Table 87. Rashtriya Chemicals and Fertilizers Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 88. Rashtriya Chemicals and Fertilizers Formic Acid Product

Table 89. Rashtriya Chemicals and Fertilizers Recent Development

Table 90. Gujarat Narmada Valley Fertilizers & Chemicals Company Information

Table 91. Gujarat Narmada Valley Fertilizers & Chemicals Description and Business Overview

Table 92. Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 93. Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Product

Table 94. Gujarat Narmada Valley Fertilizers & Chemicals Recent Development

Table 95. LUXI Company Information

Table 96. LUXI Description and Business Overview

Table 97. LUXI Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 98. LUXI Formic Acid Product

Table 99. LUXI Recent Development

Table 100. Feicheng Acid Company Information

Table 101. Feicheng Acid Description and Business Overview

Table 102. Feicheng Acid Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 103. Feicheng Acid Formic Acid Product

Table 104. Feicheng Acid Recent Development

Table 105. Chongqing Chuandong Chemical Company Information

Table 106. Chongqing Chuandong Chemical Description and Business Overview

Table 107. Chongqing Chuandong Chemical Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 108. Chongqing Chuandong Chemical Formic Acid Product

Table 109. Chongqing Chuandong Chemical Recent Development

Table 110. Shijiazhuang Taihe Chemical Company Information

Table 111. Shijiazhuang Taihe Chemical Description and Business Overview

Table 112. Shijiazhuang Taihe Chemical Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)

Table 113. Shijiazhuang Taihe Chemical Formic Acid Product

Table 114. Shijiazhuang Taihe Chemical Recent Development

Table 115. Production Base and Market Concentration Rate of Raw Material

Table 116. Key Suppliers of Raw Materials

Table 117. Formic Acid Distributors List

Table 118. Formic Acid Customers List

Table 119. Formic Acid Market Trends

Table 120. Formic Acid Market Drivers

Table 121. Formic Acid Market Challenges

Table 122. Formic Acid Market Restraints

Table 123. Research Programs/Design for This Report

Table 124. Key Data Information from Secondary Sources

Table 125. Key Data Information from Primary Sources

List of Figures

Figure 1. Formic Acid Product Picture

Figure 2. Global Formic Acid Sales (US$ Million) by Type (2020 & 2024 & 2031)

Figure 3. Global Formic Acid Sales Market Share by Type in 2024 & 2031

Figure 4. Content 85% Product Picture

Figure 5. Content below 85% Product Picture

Figure 6. Content above 90% Product Picture

Figure 7. Global Formic Acid Sales (US$ Million) by Application (2020 & 2024 & 2031)

Figure 8. Global Formic Acid Sales Market Share by Application in 2024 & 2031

Figure 9. Agriculture Examples

Figure 10. Leather & Textile Examples

Figure 11. Rubber Examples

Figure 12. Chemical & Pharmaceuticals Examples

Figure 13. Others Examples

Figure 14. Global Formic Acid Sales, (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Formic Acid Sales Growth Rate (2020-2031) & (US$ Million)

Figure 16. Global Formic Acid Sales (K MT) Growth Rate (2020-2031)

Figure 17. Global Formic Acid Price Trends Growth Rate (2020-2031) & (USD/MT)

Figure 18. Formic Acid Report Years Considered

Figure 19. Global Market Formic Acid Market Size (US$ Million) by Region:2020 VS 2024 VS 2031

Figure 20. Global Formic Acid Revenue Market Share by Region: 2020 VS 2024

Figure 21. North America Formic Acid Revenue (US$ Million) Growth Rate (2020-2031)

Figure 22. North America Formic Acid Sales (K MT) Growth Rate (2020-2031)

Figure 23. Europe Formic Acid Revenue (US$ Million) Growth Rate (2020-2031)

Figure 24. Europe Formic Acid Sales (K MT) Growth Rate (2020-2031)

Figure 25. China Formic Acid Revenue (US$ Million) Growth Rate (2020-2031)

Figure 26. China Formic Acid Sales (K MT) Growth Rate (2020-2031)

Figure 27. India Formic Acid Revenue (US$ Million) Growth Rate (2020-2031)

Figure 28. India Formic Acid Sales (K MT) Growth Rate (2020-2031)

Figure 29. Global Formic Acid Revenue Share by Type (2020-2025)

Figure 30. Global Formic Acid Sales Share by Type (2026-2031)

Figure 31. Global Formic Acid Revenue Share by Type (2026-2031)

Figure 32. Global Formic Acid Revenue Share by Application (2020-2025)

Figure 33. Global Formic Acid Revenue Growth Rate by Application in 2020 & 2024

Figure 34. Global Formic Acid Sales Share by Application (2026-2031)

Figure 35. Global Formic Acid Revenue Share by Application (2026-2031)

Figure 36. Global Formic Acid Sales Share by Company (2024)

Figure 37. Global Formic Acid Revenue Share by Company (2024)

Figure 38. Global 5 Largest Formic Acid Players Market Share by Revenue in Formic Acid: 2020 & 2024

Figure 39. Formic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 40. Manufacturing Cost Structure of Formic Acid

Figure 41. Manufacturing Process Analysis of Formic Acid

Figure 42. Formic Acid Industrial Chain

Figure 43. Channels of Distribution (Direct Vs Distribution)

Figure 44. Distributors Profiles

Figure 45. Bottom-up and Top-down Approaches for This Report

Figure 46. Data Triangulation

Figure 47. Key Executives Interviewed