Calcium Formate Market: By Grade, Application End User and Geography

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Calcium Formate Market Size, Share, Growth, Trends, and Global Industry Analysis: By Grade(Industrial Grade, Feed Grade), Application( Feed Additives, Tile & Stone Additives, Concrete Setting, Leather Tanning, Drilling Fluids, Textile Additives, Flue Gas Desulfurization) End User(Construction, Leather & Textile, Animal Husbandry, Chemicals, Power Generation) and Region

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Calcium Formate Market size is valued at US$ 580.0 billion in 2023 and is expected to reach a value of US$ 849.2 billion by 2030, growing at a CAGR of 5.8% during the forecast period 2024 to 2030. The global market provides a detailed overview of the market, which has been segmented by grade, application, and end user. The market has been segmented by grade into Industrial Grade, Feed Grade. The Industrial Grade is likely the most prominent and fastest-growing segment in terms of grade. By application, the market is segmented into Feed Additives, Tile & Stone Additives, Concrete Setting, Leather Tanning, Drilling Fluids, Textile Additives, and Flue Gas Desulfurization.

The Concrete Setting is expected to hold a significant revenue share over the forecast period. Based on the end user, the market is segmented into Construction, Leather & Textile, Animal Husbandry, Chemicals, and Power Generation. According to precision business insights, the Construction segment is predicted to register the fastest growth rate during the forecast period.

Key developments

  • In February 2020, LANXESS acquired Itibanyl Produtos Especiais Ltda. (IPEL). With the acquisition, LANXESS is strengthening its position as one of the worlds leading antimicrobial active ingredients and formulations manufacturers.

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Calcium Formate Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.8%

Largest Market

North American

Fastest Growing Market

Asia-Pacific

Calcium Formate Market Dynamics

Cement additives, concrete accelerators, tile adhesives, and cement-based mortars include calcium formate. The demand for calcium formate is effectively boosted by the increase in cement usage in the construction industry.

Calcium Formate Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 580.0 billion

Market Size in 2030

US$ 849.2 billion

Market CAGR

5.8%

By Grade

  • Industrial Grade
  • Feed Grade

By Application

  • Feed Additives
  • Tile & Stone Additives
  • Concrete Setting
  • Leather Tanning
  • Drilling Fluids
  • Textile Additives
  • Flue Gas Desulfurization

By End User

  • Construction
  • Leather & Textile
  • Animal Husbandry
  • Chemicals
  • Power Generation

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Key Features of the Report

  • The calcium formate market provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The market covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The  market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The market tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

Calcium formate market size was valued at US$ 580.0 billion in 2023 and is projected to reach US$ 849.2 billion by 2030, at a CAGR of 5.8% from 2024-2030

American Elements, Chongqing Chuandong Chemical (Group) Co. Ltd., GEO Specialty ChemicalsInc, Huanghua Pengfa Chemical Co.Ltd, Jiangxi Kosin Frontier Technology Co.Ltd., Lanxess AG, Perstorp Holding AB, Shandong Baoyuan Chemicals Co.Ltd., Sidley Chemical Co. Ltd, Zibo Ruibao Chemical Co. Ltd.

Asia Pacific is the fastest-growing region for calcium formate market

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1. Executive Summary
2. Global Calcium Formate Market Introduction
2.1. Global Calcium Formate Market - Taxonomy
2.2. Global Calcium Formate Market - Definitions
2.2.1. Grade
2.2.2. Application
2.2.3. End User
3. Global Calcium Formate Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Calcium Formate Market Dynamic Factors - Impact Analysis
3.6. Global Calcium Formate Market - Competition Landscape
3.7. Epidemiology
4. Global Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Calcium Formate Market, By Grade, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
5.1. Industrial Grade
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Feed Grade
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Calcium Formate Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Feed Additives
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Tile & Stone Additives
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Concrete Setting
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Leather Tanning
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Drilling Fluids
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Textile Additives
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Flue Gas Desulfurization
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
6.8. Others
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.8.3. Market Opportunity Analysis
7. Global Calcium Formate Market Forecast, By End User, 2019 - 2023 and Forecast, 2024 - 2030
7.1. Construction
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Leather & Textile
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Animal Husbandry
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Chemicals
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Power Generation
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Others
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
8. Global Calcium Formate Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Region, 2024 - 2030
9. North America Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
9.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Industrial Grade
9.1.2. Feed Grade
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Feed Additives
9.2.2. Tile & Stone Additives
9.2.3. Concrete Setting
9.2.4. Leather Tanning
9.2.5. Drilling Fluids
9.2.6. Textile Additives
9.2.7. Flue Gas Desulfurization
9.2.8. Others
9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Construction
9.3.2. Leather & Textile
9.3.3. Animal Husbandry
9.3.4. Chemicals
9.3.5. Power Generation
9.3.6. Others
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2024 - 2030
9.6. North America Calcium Formate Market Dynamics - Trends
10. Europe Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
10.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Industrial Grade
10.1.2. Feed Grade
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Feed Additives
10.2.2. Tile & Stone Additives
10.2.3. Concrete Setting
10.2.4. Leather Tanning
10.2.5. Drilling Fluids
10.2.6. Textile Additives
10.2.7. Flue Gas Desulfurization
10.2.8. Others
10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Construction
10.3.2. Leather & Textile
10.3.3. Animal Husbandry
10.3.4. Chemicals
10.3.5. Power Generation
10.3.6. Others
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User,and Country, 2024 - 2030
10.6. Europe Calcium Formate Market Dynamics - Trends
11. Asia-Pacific Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
11.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Industrial Grade
11.1.2. Feed Grade
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Feed Additives
11.2.2. Tile & Stone Additives
11.2.3. Concrete Setting
11.2.4. Leather Tanning
11.2.5. Drilling Fluids
11.2.6. Textile Additives
11.2.7. Flue Gas Desulfurization
11.2.8. Others
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Construction
11.3.2. Leather & Textile
11.3.3. Animal Husbandry
11.3.4. Chemicals
11.3.5. Power Generation
11.3.6. Others
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2024 - 2030
11.6. Asia-Pacific Calcium Formate Market Dynamics - Trends
12. Latin America Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
12.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Industrial Grade
12.1.2. Feed Grade
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Feed Additives
12.2.2. Tile & Stone Additives
12.2.3. Concrete Setting
12.2.4. Leather Tanning
12.2.5. Drilling Fluids
12.2.6. Textile Additives
12.2.7. Flue Gas Desulfurization
12.2.8. Others
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Construction
12.3.2. Leather & Textile
12.3.3. Animal Husbandry
12.3.4. Chemicals
12.3.5. Power Generation
12.3.6. Others
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2024 - 2030
12.6. Latin America Calcium Formate Market Dynamics - Trends
13. Middle East and Africa Calcium Formate Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, Kiloton)
13.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Industrial Grade
13.1.2. Feed Grade
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Feed Additives
13.2.2. Tile & Stone Additives
13.2.3. Concrete Setting
13.2.4. Leather Tanning
13.2.5. Drilling Fluids
13.2.6. Textile Additives
13.2.7. Flue Gas Desulfurization
13.2.8. Others
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Construction
13.3.2. Leather & Textile
13.3.3. Animal Husbandry
13.3.4. Chemicals
13.3.5. Power Generation
13.3.6. Others
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2024 - 2030
13.6. MEA Calcium Formate Market Dynamics - Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. American Elements
14.2.2. Chongqing Chuandong Chemical (Group) Co. Ltd.
14.2.3. GEO Specialty ChemicalsInc
14.2.4. Huanghua Pengfa Chemical Co.Ltd
14.2.5. Jiangxi Kosin Frontier Technology Co.Ltd.
14.2.6. Lanxess AG
14.2.7. Perstorp Holding AB
14.2.8. Shandong Baoyuan Chemicals Co.Ltd.
14.2.9. Sidley Chemical Co. Ltd
14.2.10. Zibo Ruibao Chemical Co. Ltd.
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • American Elements
  • Chongqing Chuandong Chemical (Group) Co. Ltd.
  • GEO Specialty ChemicalsInc
  • Huanghua Pengfa Chemical Co.Ltd
  • Jiangxi Kosin Frontier Technology Co.Ltd.
  • Lanxess AG
  • Perstorp Holding AB
  • Shandong Baoyuan Chemicals Co.Ltd.
  • Sidley Chemical Co. Ltd
  • Zibo Ruibao Chemical Co. Ltd.

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