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PUBLISHER: QYResearch | PRODUCT CODE: 1866614

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PUBLISHER: QYResearch | PRODUCT CODE: 1866614

Formic Acid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

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The global market for Formic Acid was estimated to be worth US$ 279 million in 2024 and is forecast to a readjusted size of US$ 373 million by 2031 with a CAGR of 4.0% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Formic Acid cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation. In 2024, global Formic Acid production reached approximately 782 K MT, with an average global market price of around US$ 357 per MT.

The formic acid market is an established segment of the global chemicals industry, driven by its versatility as both an industrial chemical and an agricultural additive. It is extensively used in textile dyeing and finishing, leather processing, and rubber coagulation, where its strong acidity and reducing properties make it a cost-effective solution. In agriculture, formic acid is valued as a feed preservative and antibacterial agent, helping to improve livestock nutrition and reduce spoilage-an application that has seen steady growth in regions with intensive farming practices. Its role as a reducing agent in chemical manufacturing, as well as emerging uses in fuel cells as a hydrogen carrier, add further growth potential, particularly in the context of sustainable energy and green chemistry initiatives.

On the supply side, production is concentrated among a handful of global chemical companies with large-scale facilities in Asia-Pacific and Europe, supported by integrated methanol and acetic acid operations. Asia-Pacific dominates consumption due to its strong industrial base in textiles, leather, and rubber, while Europe emphasizes agriculture and environmentally regulated applications. Market growth is being shaped by regulatory trends encouraging eco-friendly preservatives and technological innovation in formic acid's use as a clean energy vector. Looking forward, steady expansion is expected, with demand supported by both traditional industries and new opportunities in renewable energy and sustainable materials.

This report aims to provide a comprehensive presentation of the global market for Formic Acid, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Formic Acid by region & country, by Type, and by Application.

The Formic Acid market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Formic Acid.

Market Segmentation

By Company

  • BASF
  • Eastman
  • Perstorp
  • Rashtriya Chemicals and Fertilizers
  • Gujarat Narmada Valley Fertilizers & Chemicals
  • LUXI
  • Feicheng Acid
  • Chongqing Chuandong Chemical
  • Shijiazhuang Taihe Chemical

Segment by Type

  • Content 85%
  • Content below 85%
  • Content above 90%

Segment by Application

  • Agriculture
  • Leather & Textile
  • Rubber
  • Chemical & Pharmaceuticals
  • Others

By Region

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Netherlands
    • Nordic Countries
    • Rest of Europe
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Turkey
    • Saudi Arabia
    • UAE
    • Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Formic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Formic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Formic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Table of Contents

1 Market Overview

  • 1.1 Formic Acid Product Introduction
  • 1.2 Global Formic Acid Market Size Forecast
    • 1.2.1 Global Formic Acid Sales Value (2020-2031)
    • 1.2.2 Global Formic Acid Sales Volume (2020-2031)
    • 1.2.3 Global Formic Acid Sales Price (2020-2031)
  • 1.3 Formic Acid Market Trends & Drivers
    • 1.3.1 Formic Acid Industry Trends
    • 1.3.2 Formic Acid Market Drivers & Opportunity
    • 1.3.3 Formic Acid Market Challenges
    • 1.3.4 Formic Acid Market Restraints
  • 1.4 Assumptions and Limitations
  • 1.5 Study Objectives
  • 1.6 Years Considered

2 Competitive Analysis by Company

  • 2.1 Global Formic Acid Players Revenue Ranking (2024)
  • 2.2 Global Formic Acid Revenue by Company (2020-2025)
  • 2.3 Global Formic Acid Players Sales Volume Ranking (2024)
  • 2.4 Global Formic Acid Sales Volume by Company Players (2020-2025)
  • 2.5 Global Formic Acid Average Price by Company (2020-2025)
  • 2.6 Key Manufacturers Formic Acid Manufacturing Base and Headquarters
  • 2.7 Key Manufacturers Formic Acid Product Offered
  • 2.8 Key Manufacturers Time to Begin Mass Production of Formic Acid
  • 2.9 Formic Acid Market Competitive Analysis
    • 2.9.1 Formic Acid Market Concentration Rate (2020-2025)
    • 2.9.2 Global 5 and 10 Largest Manufacturers by Formic Acid Revenue in 2024
    • 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Formic Acid as of 2024)
  • 2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

  • 3.1 Introduction by Type
    • 3.1.1 Content 85%
    • 3.1.2 Content below 85%
    • 3.1.3 Content above 90%
  • 3.2 Global Formic Acid Sales Value by Type
    • 3.2.1 Global Formic Acid Sales Value by Type (2020 VS 2024 VS 2031)
    • 3.2.2 Global Formic Acid Sales Value, by Type (2020-2031)
    • 3.2.3 Global Formic Acid Sales Value, by Type (%) (2020-2031)
  • 3.3 Global Formic Acid Sales Volume by Type
    • 3.3.1 Global Formic Acid Sales Volume by Type (2020 VS 2024 VS 2031)
    • 3.3.2 Global Formic Acid Sales Volume, by Type (2020-2031)
    • 3.3.3 Global Formic Acid Sales Volume, by Type (%) (2020-2031)
  • 3.4 Global Formic Acid Average Price by Type (2020-2031)

4 Segmentation by Application

  • 4.1 Introduction by Application
    • 4.1.1 Agriculture
    • 4.1.2 Leather & Textile
    • 4.1.3 Rubber
    • 4.1.4 Chemical & Pharmaceuticals
    • 4.1.5 Others
  • 4.2 Global Formic Acid Sales Value by Application
    • 4.2.1 Global Formic Acid Sales Value by Application (2020 VS 2024 VS 2031)
    • 4.2.2 Global Formic Acid Sales Value, by Application (2020-2031)
    • 4.2.3 Global Formic Acid Sales Value, by Application (%) (2020-2031)
  • 4.3 Global Formic Acid Sales Volume by Application
    • 4.3.1 Global Formic Acid Sales Volume by Application (2020 VS 2024 VS 2031)
    • 4.3.2 Global Formic Acid Sales Volume, by Application (2020-2031)
    • 4.3.3 Global Formic Acid Sales Volume, by Application (%) (2020-2031)
  • 4.4 Global Formic Acid Average Price by Application (2020-2031)

5 Segmentation by Region

  • 5.1 Global Formic Acid Sales Value by Region
    • 5.1.1 Global Formic Acid Sales Value by Region: 2020 VS 2024 VS 2031
    • 5.1.2 Global Formic Acid Sales Value by Region (2020-2025)
    • 5.1.3 Global Formic Acid Sales Value by Region (2026-2031)
    • 5.1.4 Global Formic Acid Sales Value by Region (%), (2020-2031)
  • 5.2 Global Formic Acid Sales Volume by Region
    • 5.2.1 Global Formic Acid Sales Volume by Region: 2020 VS 2024 VS 2031
    • 5.2.2 Global Formic Acid Sales Volume by Region (2020-2025)
    • 5.2.3 Global Formic Acid Sales Volume by Region (2026-2031)
    • 5.2.4 Global Formic Acid Sales Volume by Region (%), (2020-2031)
  • 5.3 Global Formic Acid Average Price by Region (2020-2031)
  • 5.4 North America
    • 5.4.1 North America Formic Acid Sales Value, 2020-2031
    • 5.4.2 North America Formic Acid Sales Value by Country (%), 2024 VS 2031
  • 5.5 Europe
    • 5.5.1 Europe Formic Acid Sales Value, 2020-2031
    • 5.5.2 Europe Formic Acid Sales Value by Country (%), 2024 VS 2031
  • 5.6 Asia Pacific
    • 5.6.1 Asia Pacific Formic Acid Sales Value, 2020-2031
    • 5.6.2 Asia Pacific Formic Acid Sales Value by Region (%), 2024 VS 2031
  • 5.7 South America
    • 5.7.1 South America Formic Acid Sales Value, 2020-2031
    • 5.7.2 South America Formic Acid Sales Value by Country (%), 2024 VS 2031
  • 5.8 Middle East & Africa
    • 5.8.1 Middle East & Africa Formic Acid Sales Value, 2020-2031
    • 5.8.2 Middle East & Africa Formic Acid Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

  • 6.1 Key Countries/Regions Formic Acid Sales Value Growth Trends, 2020 VS 2024 VS 2031
  • 6.2 Key Countries/Regions Formic Acid Sales Value and Sales Volume
    • 6.2.1 Key Countries/Regions Formic Acid Sales Value, 2020-2031
    • 6.2.2 Key Countries/Regions Formic Acid Sales Volume, 2020-2031
  • 6.3 United States
    • 6.3.1 United States Formic Acid Sales Value, 2020-2031
    • 6.3.2 United States Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.3.3 United States Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.4 Europe
    • 6.4.1 Europe Formic Acid Sales Value, 2020-2031
    • 6.4.2 Europe Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.4.3 Europe Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.5 China
    • 6.5.1 China Formic Acid Sales Value, 2020-2031
    • 6.5.2 China Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.5.3 China Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.6 Japan
    • 6.6.1 Japan Formic Acid Sales Value, 2020-2031
    • 6.6.2 Japan Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.6.3 Japan Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.7 South Korea
    • 6.7.1 South Korea Formic Acid Sales Value, 2020-2031
    • 6.7.2 South Korea Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.7.3 South Korea Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.8 Southeast Asia
    • 6.8.1 Southeast Asia Formic Acid Sales Value, 2020-2031
    • 6.8.2 Southeast Asia Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.8.3 Southeast Asia Formic Acid Sales Value by Application, 2024 VS 2031
  • 6.9 India
    • 6.9.1 India Formic Acid Sales Value, 2020-2031
    • 6.9.2 India Formic Acid Sales Value by Type (%), 2024 VS 2031
    • 6.9.3 India Formic Acid Sales Value by Application, 2024 VS 2031

7 Company Profiles

  • 7.1 BASF
    • 7.1.1 BASF Company Information
    • 7.1.2 BASF Introduction and Business Overview
    • 7.1.3 BASF Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.1.4 BASF Formic Acid Product Offerings
    • 7.1.5 BASF Recent Development
  • 7.2 Eastman
    • 7.2.1 Eastman Company Information
    • 7.2.2 Eastman Introduction and Business Overview
    • 7.2.3 Eastman Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.2.4 Eastman Formic Acid Product Offerings
    • 7.2.5 Eastman Recent Development
  • 7.3 Perstorp
    • 7.3.1 Perstorp Company Information
    • 7.3.2 Perstorp Introduction and Business Overview
    • 7.3.3 Perstorp Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.3.4 Perstorp Formic Acid Product Offerings
    • 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 Introduction and Business Overview
    • 7.4.3 Rashtriya Chemicals and Fertilizers Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.4.4 Rashtriya Chemicals and Fertilizers Formic Acid Product Offerings
    • 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 Introduction and Business Overview
    • 7.5.3 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.5.4 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Product Offerings
    • 7.5.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Development
  • 7.6 LUXI
    • 7.6.1 LUXI Company Information
    • 7.6.2 LUXI Introduction and Business Overview
    • 7.6.3 LUXI Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.6.4 LUXI Formic Acid Product Offerings
    • 7.6.5 LUXI Recent Development
  • 7.7 Feicheng Acid
    • 7.7.1 Feicheng Acid Company Information
    • 7.7.2 Feicheng Acid Introduction and Business Overview
    • 7.7.3 Feicheng Acid Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.7.4 Feicheng Acid Formic Acid Product Offerings
    • 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 Introduction and Business Overview
    • 7.8.3 Chongqing Chuandong Chemical Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.8.4 Chongqing Chuandong Chemical Formic Acid Product Offerings
    • 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 Introduction and Business Overview
    • 7.9.3 Shijiazhuang Taihe Chemical Formic Acid Sales, Revenue, Price and Gross Margin (2020-2025)
    • 7.9.4 Shijiazhuang Taihe Chemical Formic Acid Product Offerings
    • 7.9.5 Shijiazhuang Taihe Chemical Recent Development

8 Industry Chain Analysis

  • 8.1 Formic Acid Industrial Chain
  • 8.2 Formic Acid Upstream Analysis
    • 8.2.1 Key Raw Materials
    • 8.2.2 Raw Materials Key Suppliers
    • 8.2.3 Manufacturing Cost Structure
  • 8.3 Midstream Analysis
  • 8.4 Downstream Analysis (Customers Analysis)
  • 8.5 Sales Model and Sales Channels
    • 8.5.1 Formic Acid Sales Model
    • 8.5.2 Sales Channel
    • 8.5.3 Formic Acid Distributors

9 Research Findings and Conclusion

10 Appendix

  • 10.1 Research Methodology
    • 10.1.1 Methodology/Research Approach
      • 10.1.1.1 Research Programs/Design
      • 10.1.1.2 Market Size Estimation
      • 10.1.1.3 Market Breakdown and Data Triangulation
    • 10.1.2 Data Source
      • 10.1.2.1 Secondary Sources
      • 10.1.2.2 Primary Sources
  • 10.2 Author Details
  • 10.3 Disclaimer

List of Tables

  • Table 1. Formic Acid Market Trends
  • Table 2. Formic Acid Market Drivers & Opportunity
  • Table 3. Formic Acid Market Challenges
  • Table 4. Formic Acid Market Restraints
  • Table 5. Global Formic Acid Revenue by Company (2020-2025) & (US$ Million)
  • Table 6. Global Formic Acid Revenue Market Share by Company (2020-2025)
  • Table 7. Global Formic Acid Sales Volume by Company (2020-2025) & (K MT)
  • Table 8. Global Formic Acid Sales Volume Market Share by Company (2020-2025)
  • Table 9. Global Market Formic Acid Price by Company (2020-2025) & (USD/MT)
  • Table 10. Key Manufacturers Formic Acid Manufacturing Base and Headquarters
  • Table 11. Key Manufacturers Formic Acid Product Type
  • Table 12. Key Manufacturers Time to Begin Mass Production of Formic Acid
  • Table 13. Global Formic Acid Manufacturers Market Concentration Ratio (CR5 and HHI)
  • Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Formic Acid as of 2024)
  • Table 15. Mergers & Acquisitions, Expansion Plans
  • Table 16. Global Formic Acid Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 17. Global Formic Acid Sales Value by Type (2020-2025) & (US$ Million)
  • Table 18. Global Formic Acid Sales Value by Type (2026-2031) & (US$ Million)
  • Table 19. Global Formic Acid Sales Market Share in Value by Type (2020-2025)
  • Table 20. Global Formic Acid Sales Market Share in Value by Type (2026-2031)
  • Table 21. Global Formic Acid Sales Volume by Type: 2020 VS 2024 VS 2031 (K MT)
  • Table 22. Global Formic Acid Sales Volume by Type (2020-2025) & (K MT)
  • Table 23. Global Formic Acid Sales Volume by Type (2026-2031) & (K MT)
  • Table 24. Global Formic Acid Sales Market Share in Volume by Type (2020-2025)
  • Table 25. Global Formic Acid Sales Market Share in Volume by Type (2026-2031)
  • Table 26. Global Formic Acid Price by Type (2020-2025) & (USD/MT)
  • Table 27. Global Formic Acid Price by Type (2026-2031) & (USD/MT)
  • Table 28. Global Formic Acid Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
  • Table 29. Global Formic Acid Sales Value by Application (2020-2025) & (US$ Million)
  • Table 30. Global Formic Acid Sales Value by Application (2026-2031) & (US$ Million)
  • Table 31. Global Formic Acid Sales Market Share in Value by Application (2020-2025)
  • Table 32. Global Formic Acid Sales Market Share in Value by Application (2026-2031)
  • Table 33. Global Formic Acid Sales Volume by Application: 2020 VS 2024 VS 2031 (K MT)
  • Table 34. Global Formic Acid Sales Volume by Application (2020-2025) & (K MT)
  • Table 35. Global Formic Acid Sales Volume by Application (2026-2031) & (K MT)
  • Table 36. Global Formic Acid Sales Market Share in Volume by Application (2020-2025)
  • Table 37. Global Formic Acid Sales Market Share in Volume by Application (2026-2031)
  • Table 38. Global Formic Acid Price by Application (2020-2025) & (USD/MT)
  • Table 39. Global Formic Acid Price by Application (2026-2031) & (USD/MT)
  • Table 40. Global Formic Acid Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
  • Table 41. Global Formic Acid Sales Value by Region (2020-2025) & (US$ Million)
  • Table 42. Global Formic Acid Sales Value by Region (2026-2031) & (US$ Million)
  • Table 43. Global Formic Acid Sales Value by Region (2020-2025) & (%)
  • Table 44. Global Formic Acid Sales Value by Region (2026-2031) & (%)
  • Table 45. Global Formic Acid Sales Volume by Region (K MT): 2020 VS 2024 VS 2031
  • Table 46. Global Formic Acid Sales Volume by Region (2020-2025) & (K MT)
  • Table 47. Global Formic Acid Sales Volume by Region (2026-2031) & (K MT)
  • Table 48. Global Formic Acid Sales Volume by Region (2020-2025) & (%)
  • Table 49. Global Formic Acid Sales Volume by Region (2026-2031) & (%)
  • Table 50. Global Formic Acid Average Price by Region (2020-2025) & (USD/MT)
  • Table 51. Global Formic Acid Average Price by Region (2026-2031) & (USD/MT)
  • Table 52. Key Countries/Regions Formic Acid Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
  • Table 53. Key Countries/Regions Formic Acid Sales Value, (2020-2025) & (US$ Million)
  • Table 54. Key Countries/Regions Formic Acid Sales Value, (2026-2031) & (US$ Million)
  • Table 55. Key Countries/Regions Formic Acid Sales Volume, (2020-2025) & (K MT)
  • Table 56. Key Countries/Regions Formic Acid Sales Volume, (2026-2031) & (K MT)
  • Table 57. BASF Company Information
  • Table 58. BASF Introduction and Business Overview
  • Table 59. BASF Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 60. BASF Formic Acid Product Offerings
  • Table 61. BASF Recent Development
  • Table 62. Eastman Company Information
  • Table 63. Eastman Introduction and Business Overview
  • Table 64. Eastman Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 65. Eastman Formic Acid Product Offerings
  • Table 66. Eastman Recent Development
  • Table 67. Perstorp Company Information
  • Table 68. Perstorp Introduction and Business Overview
  • Table 69. Perstorp Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 70. Perstorp Formic Acid Product Offerings
  • Table 71. Perstorp Recent Development
  • Table 72. Rashtriya Chemicals and Fertilizers Company Information
  • Table 73. Rashtriya Chemicals and Fertilizers Introduction and Business Overview
  • Table 74. Rashtriya Chemicals and Fertilizers Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 75. Rashtriya Chemicals and Fertilizers Formic Acid Product Offerings
  • Table 76. Rashtriya Chemicals and Fertilizers Recent Development
  • Table 77. Gujarat Narmada Valley Fertilizers & Chemicals Company Information
  • Table 78. Gujarat Narmada Valley Fertilizers & Chemicals Introduction and Business Overview
  • Table 79. Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 80. Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Product Offerings
  • Table 81. Gujarat Narmada Valley Fertilizers & Chemicals Recent Development
  • Table 82. LUXI Company Information
  • Table 83. LUXI Introduction and Business Overview
  • Table 84. LUXI Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 85. LUXI Formic Acid Product Offerings
  • Table 86. LUXI Recent Development
  • Table 87. Feicheng Acid Company Information
  • Table 88. Feicheng Acid Introduction and Business Overview
  • Table 89. Feicheng Acid Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 90. Feicheng Acid Formic Acid Product Offerings
  • Table 91. Feicheng Acid Recent Development
  • Table 92. Chongqing Chuandong Chemical Company Information
  • Table 93. Chongqing Chuandong Chemical Introduction and Business Overview
  • Table 94. Chongqing Chuandong Chemical Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 95. Chongqing Chuandong Chemical Formic Acid Product Offerings
  • Table 96. Chongqing Chuandong Chemical Recent Development
  • Table 97. Shijiazhuang Taihe Chemical Company Information
  • Table 98. Shijiazhuang Taihe Chemical Introduction and Business Overview
  • Table 99. Shijiazhuang Taihe Chemical Formic Acid Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2020-2025)
  • Table 100. Shijiazhuang Taihe Chemical Formic Acid Product Offerings
  • Table 101. Shijiazhuang Taihe Chemical Recent Development
  • Table 102. Key Raw Materials Lists
  • Table 103. Raw Materials Key Suppliers Lists
  • Table 104. Formic Acid Downstream Customers
  • Table 105. Formic Acid Distributors List
  • Table 106. Research Programs/Design for This Report
  • Table 107. Key Data Information from Secondary Sources
  • Table 108. Key Data Information from Primary Sources

List of Figures

  • Figure 1. Formic Acid Product Picture
  • Figure 2. Global Formic Acid Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
  • Figure 3. Global Formic Acid Sales Value (2020-2031) & (US$ Million)
  • Figure 4. Global Formic Acid Sales Volume (2020-2031) & (K MT)
  • Figure 5. Global Formic Acid Sales Price (2020-2031) & (USD/MT)
  • Figure 6. Formic Acid Report Years Considered
  • Figure 7. Global Formic Acid Players Revenue Ranking (2024) & (US$ Million)
  • Figure 8. Global Formic Acid Players Sales Volume Ranking (2024) & (K MT)
  • Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Formic Acid Revenue in 2024
  • Figure 10. Formic Acid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
  • Figure 11. Content 85% Picture
  • Figure 12. Content below 85% Picture
  • Figure 13. Content above 90% Picture
  • Figure 14. Global Formic Acid Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 15. Global Formic Acid Sales Value Market Share by Type, 2024 & 2031
  • Figure 16. Global Formic Acid Sales Volume by Type (2020 VS 2024 VS 2031) & (K MT)
  • Figure 17. Global Formic Acid Sales Volume Market Share by Type, 2024 & 2031
  • Figure 18. Global Formic Acid Price by Type (2020-2031) & (USD/MT)
  • Figure 19. Product Picture of Agriculture
  • Figure 20. Product Picture of Leather & Textile
  • Figure 21. Product Picture of Rubber
  • Figure 22. Product Picture of Chemical & Pharmaceuticals
  • Figure 23. Product Picture of Others
  • Figure 24. Global Formic Acid Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
  • Figure 25. Global Formic Acid Sales Value Market Share by Application, 2024 & 2031
  • Figure 26. Global Formic Acid Sales Volume by Application (2020 VS 2024 VS 2031) & (K MT)
  • Figure 27. Global Formic Acid Sales Volume Market Share by Application, 2024 & 2031
  • Figure 28. Global Formic Acid Price by Application (2020-2031) & (USD/MT)
  • Figure 29. North America Formic Acid Sales Value (2020-2031) & (US$ Million)
  • Figure 30. North America Formic Acid Sales Value by Country (%), 2024 VS 2031
  • Figure 31. Europe Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 32. Europe Formic Acid Sales Value by Country (%), 2024 VS 2031
  • Figure 33. Asia Pacific Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 34. Asia Pacific Formic Acid Sales Value by Region (%), 2024 VS 2031
  • Figure 35. South America Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 36. South America Formic Acid Sales Value by Country (%), 2024 VS 2031
  • Figure 37. Middle East & Africa Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 38. Middle East & Africa Formic Acid Sales Value by Country (%), 2024 VS 2031
  • Figure 39. Key Countries/Regions Formic Acid Sales Value (%), (2020-2031)
  • Figure 40. Key Countries/Regions Formic Acid Sales Volume (%), (2020-2031)
  • Figure 41. United States Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 42. United States Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 43. United States Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 44. Europe Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 45. Europe Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 46. Europe Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 47. China Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 48. China Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 49. China Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 50. Japan Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 51. Japan Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 52. Japan Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 53. South Korea Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 54. South Korea Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 55. South Korea Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 56. Southeast Asia Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 57. Southeast Asia Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 58. Southeast Asia Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 59. India Formic Acid Sales Value, (2020-2031) & (US$ Million)
  • Figure 60. India Formic Acid Sales Value by Type (%), 2024 VS 2031
  • Figure 61. India Formic Acid Sales Value by Application (%), 2024 VS 2031
  • Figure 62. Formic Acid Industrial Chain
  • Figure 63. Formic Acid Manufacturing Cost Structure
  • Figure 64. Channels of Distribution (Direct Sales, and Distribution)
  • Figure 65. Bottom-up and Top-down Approaches for This Report
  • Figure 66. Data Triangulation
  • Figure 67. Key Executives Interviewed
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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