Calcium Formate Market
The global calcium formate market size is expected to reach USD 841.2 Million at a steady CAGR of 5.2% in 2028, according to latest analysis by Emergen Research. Steady global calcium formate market revenue growth can be attributed to rising demand for calcium formate from the building & construction industry. Calcium formate finds application in enhancing the setting rate of cement and to prevent slowing down of condensation speed under low temperature, as well as to increase construction strength. Also, calcium formate as an additive, does not have any corrosive effect on steel reinforcement.
The report presents a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better view of the competitive landscape. It also provides details about the organic and inorganic business approaches undertaken by the key companies in the Calcium Formate market to offer a holistic overview of the business landscape to the reader. It further covers all the relevant aspects of the market to help readers capitalize on the emerging growth opportunities and gain maximum returns on the investments.
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Some Key Highlights From the Report
- In April 2020, Mitsubishi Chemical Corporation announced that it had signed a definitive agreement for the acquisition of shares of Gelest Intermediate Holdings, Inc., through its subsidiary company, Mitsubishi Chemical America, Inc.
- Rising demand for industrial grade calcium formate from building & construction, textile & leather, power generation, and chemicals industries is propelling revenue growth of the industrial grade segment.
- Calcium formate market in Asia Pacific accounted for largest revenue share in 2020 and is expected to register fastest CGAR over the forecast period, attributed to steady growth of the building & construction industry and increasing use as animal feed additives. Additionally, rising disposable income and presence of leading players in countries in the region are causative for rapid market revenue growth.
- Key players in the market include Geo Specialty Chemicals Inc., Lanxess AG, Zibo Ruibao Chemical Co. Ltd., Perstorp AB, Henan Botai Chemical Building Materials Co. Ltd., Sidley Chemical Co. Ltd., American Elements, Hangzhou Focus Chemical Co. Ltd., Gelest Inc., and Shandong Baoyuan Chemical Co. Ltd.
Calcium Formate Market Segmentation:
Emergen Research has segmented the global calcium formate market on the basis of type, application, end-use, and region:
- Type Outlook (Revenue, USD Billion; 2018–2028)
- Feed Grade
- Industrial Grade
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Feed Additives
- Concrete Setting
- Tile & Stone Additives
- Leather Tanning
- Flue Gas Desulfurization
- Textile Additives
- Drilling Fluids
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
- Online
- Offline
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Building & Construction
- Animal Husbandry
- Leather & Textile
- Energy & Power
- Chemicals
- Others
The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Calcium Formate market is segmented into the following based on the key regions of the world:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Summary of the Global Calcium Formate Report:
- Comprehensive analysis of the market including risks and opportunities
- Details of business strategies and plans undertaken by key market players
- Analysis of current and future trends that will affect the growth of the market in the forecast timeline
- In-depth analysis of drivers and constraints for better understanding of the market
- The report encompasses a detailed forecast for the years 2020-2027.
- The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Calcium Formate Market Segmentation & Impact Analysis
4.1. Calcium Formate Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.2.1. Rising usage for calcium formate from building & construction industry
4.2.2.2. Growth of textile industry
4.2.2.3. Growing use as feed additives
4.2.3. Market restraints analysis
4.2.3.1. Presence of alternative products
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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Contact Information:
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com