Calcium Formate Market Share and Growth (2021-2031)
The Calcium Formate Market is expected to register a CAGR of 6% from 2023 to 2031, with a market size expanding from US$ XX Million in 2023 to US$ XX Million by 2031.
The report is segmented by grade (industrial grade and feed grade). The report further presents analysis based on end-use industry (food, animal feed, construction, leather tanning, drilling fluids and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.
Purpose of the ReportThe report Calcium Formate Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Calcium Formate Market Segmentation
Grade- Industrial Grade and Feed Grade
- Food
- Animal Feed
- Construction
- Leather Tanning
- Drilling Fluids and Others
Strategic Insights
Calcium Formate Market Growth Drivers- Growing Construction Activities: The increasing use of calcium formate in the construction sector is one of the most prominent factors driving the growth of the calcium formate industry. Calcium formate acts as a setting accelerator that enhances the curing of concrete and mortars, particularly in cold weather. The construction market for calcium formate is anticipated to significantly increase owing to the growth of global infrastructure projects and urbanization. This trend is reinforced by the focus on high-performance cement and eco-friendly construction since calcium formate assists in enhancing the quality and strength of building materials.
- Rising Demand from the Feed Industry: The production of calcium formate is also driven by the animal feed industry. It acts as a zootechnical additive to increase the quality of animal diets and to improve animal intestinal health. As populations grow and incomes rise, global consumption of meat and dairy products is on the rise, and along with it comes a need for safe animal supplements. About animal omnivorousness and growth, calcium formate is sought by livestock producers increasing its demand in animal nutrition.
- Surging Demand from the Food Industry: Calcium formate is also becoming popular in the food sector as a preservative and as a firming agent in a number of food items. Gradually increasing consumer awareness about food safety and quality is steering the demand for active preservatives. Calcium formate extends the shelf life of food products and enhances the quality of food processing; therefore, it is an essential ingredient in food processing. With the expanding global population, it is anticipated that the level of consumption of ready-to-eat and shelf-stable food products will rise, which will lead to an upsurge in the calcium formate market.
- Innovation in Production Technology: The recent developments in the production technologies have raised the efficiency and eco-friendliness of the processes for calcium formate making. Improvements including optimised synthesis processes and taking in the waste of other chemical processes as a raw material are being put into practice to help increase the production and cut down on pollution caused by the industry. Such progress reduces the costs of production, enhances the end product and consequently makes calcium formate a better option for the manufacturers as well as the consumers.
- Product Diversification: There is an increasing tendency in the creation of multifunctional calcium formate products with different usage. Producers are looking for compositions where calcium formate is used alongside other additives for better application in certain industries, for example construction and animal feed. This product diversification encourages companies to innovate and satisfy various customer segments.
- Surging Digitalization in the Industry: The digitalization of the production processes enables different changes in the calcium formate industry. Organizations are implementing smart manufacturing concepts by employing IoT and data analytics in the development process, quality assurance and logistics. It is likely that such a shift in business processes will enhance operational effectiveness and lower costs, thus creating a competitive advantage in calcium formate production.
- Rising Demand from Emerging Economies: Calcium formate producers have an excellent chance of gaining market shares in the developing countries especially in Asia-Pacific and Latin America. Exponential growth is being experienced in these regions as a result of industrial activities and increased incomes of the people, which in turn increases the desire for construction raw materials, animal feeds and processed foods. Forming the joint ventures with local distributors and setting up the production facilities in the region will certainly help in penetrating and growing in the market.
- Surging Demand for Green Technology: There is a potential for calcium formate manufacturers to embrace the sustainable practices and products as the consumers’ demand goes green. These includes adopting cleaner methods of production and research in the possible use of clean energy within the manufacturing process. If the companies behave as green men, then they will be able to sell their goods to the green men markets.
- Strategic Innovations by Key Players: There is a big potential for growth for calcium formate manufacturers by applying calcium formate in various fields. This includes creation of new product lines like controlled released calcium formaims for its use in clean and safe medicine markets and sophisticated materials other than buildings. By doing so, companies are able to integrate product innovation towards improvement of their competitiveness and also create new market opportunities.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Calcium Formate Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Calcium Formate Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Development of multi-funtional products is expected to be the key market trends
Based on geography, Asia Pacific held the largest share of the calcium formate market due to growth in the demand for food preservation and animal feed applications
Based on end-use industry, leather tanning segment is expected to witness the fastest growth during the forecast period
Growing demand in construction industry is driving the market growth
LANXESS; American Elements; Perstorp Group; Geocon Products; Otto Chemie Pvt. Ltd are some of the key players operating in the calcium formate market
The Calcium Formate Market is estimated to witness a CAGR of 6% from 2023 to 2031
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Calcium Formate Market - By Grade
1.3.2Calcium Formate Market - By Application
1.3.3Calcium Formate Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.CALCIUM FORMATE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.CALCIUM FORMATE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.CALCIUM FORMATE MARKET - GLOBAL MARKET ANALYSIS
6.1.CALCIUM FORMATE - GLOBAL MARKET OVERVIEW
6.2.CALCIUM FORMATE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.CALCIUM FORMATE MARKET - REVENUE AND FORECASTS TO 2028 â" GRADE
7.1.OVERVIEW
7.2.GRADE MARKET FORECASTS AND ANALYSIS
7.3.INDUSTRIAL GRADE
7.3.1.Overview
7.3.2.Industrial Grade Market Forecast and Analysis
7.4.FEED GRADE
7.4.1.Overview
7.4.2.Feed Grade Market Forecast and Analysis
8.CALCIUM FORMATE MARKET - REVENUE AND FORECASTS TO 2028 â" APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.FEED ADDITIVES
8.3.1.Overview
8.3.2.Feed Additives Market Forecast and Analysis
8.4.TILE AND STONE ADDITIVES
8.4.1.Overview
8.4.2.Tile and Stone Additives Market Forecast and Analysis
8.5.CONCRETE SETTING
8.5.1.Overview
8.5.2.Concrete Setting Market Forecast and Analysis
8.6.LEATHER TANNING
8.6.1.Overview
8.6.2.Leather Tanning Market Forecast and Analysis
8.7.DRILLING FLUIDS
8.7.1.Overview
8.7.2.Drilling Fluids Market Forecast and Analysis
8.8.TEXTILE ADDITIVES
8.8.1.Overview
8.8.2.Textile Additives Market Forecast and Analysis
8.9.FLUE GAS DESULFURIZATION
8.9.1.Overview
8.9.2.Flue gas desulfurization Market Forecast and Analysis
9.CALCIUM FORMATE MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Calcium Formate Market Overview
9.1.2North America Calcium Formate Market Forecasts and Analysis
9.1.3North America Calcium Formate Market Forecasts and Analysis - By Grade
9.1.4North America Calcium Formate Market Forecasts and Analysis - By Application
9.1.5North America Calcium Formate Market Forecasts and Analysis - By Countries
9.1.5.1United States Calcium Formate Market
9.1.5.1.1United States Calcium Formate Market by Grade
9.1.5.1.2United States Calcium Formate Market by Application
9.1.5.2Canada Calcium Formate Market
9.1.5.2.1Canada Calcium Formate Market by Grade
9.1.5.2.2Canada Calcium Formate Market by Application
9.1.5.3Mexico Calcium Formate Market
9.1.5.3.1Mexico Calcium Formate Market by Grade
9.1.5.3.2Mexico Calcium Formate Market by Application
9.2.EUROPE
9.2.1Europe Calcium Formate Market Overview
9.2.2Europe Calcium Formate Market Forecasts and Analysis
9.2.3Europe Calcium Formate Market Forecasts and Analysis - By Grade
9.2.4Europe Calcium Formate Market Forecasts and Analysis - By Application
9.2.5Europe Calcium Formate Market Forecasts and Analysis - By Countries
9.2.5.1Germany Calcium Formate Market
9.2.5.1.1Germany Calcium Formate Market by Grade
9.2.5.1.2Germany Calcium Formate Market by Application
9.2.5.2France Calcium Formate Market
9.2.5.2.1France Calcium Formate Market by Grade
9.2.5.2.2France Calcium Formate Market by Application
9.2.5.3Italy Calcium Formate Market
9.2.5.3.1Italy Calcium Formate Market by Grade
9.2.5.3.2Italy Calcium Formate Market by Application
9.2.5.4United Kingdom Calcium Formate Market
9.2.5.4.1United Kingdom Calcium Formate Market by Grade
9.2.5.4.2United Kingdom Calcium Formate Market by Application
9.2.5.5Russia Calcium Formate Market
9.2.5.5.1Russia Calcium Formate Market by Grade
9.2.5.5.2Russia Calcium Formate Market by Application
9.2.5.6Rest of Europe Calcium Formate Market
9.2.5.6.1Rest of Europe Calcium Formate Market by Grade
9.2.5.6.2Rest of Europe Calcium Formate Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Calcium Formate Market Overview
9.3.2Asia-Pacific Calcium Formate Market Forecasts and Analysis
9.3.3Asia-Pacific Calcium Formate Market Forecasts and Analysis - By Grade
9.3.4Asia-Pacific Calcium Formate Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Calcium Formate Market Forecasts and Analysis - By Countries
9.3.5.1Australia Calcium Formate Market
9.3.5.1.1Australia Calcium Formate Market by Grade
9.3.5.1.2Australia Calcium Formate Market by Application
9.3.5.2China Calcium Formate Market
9.3.5.2.1China Calcium Formate Market by Grade
9.3.5.2.2China Calcium Formate Market by Application
9.3.5.3India Calcium Formate Market
9.3.5.3.1India Calcium Formate Market by Grade
9.3.5.3.2India Calcium Formate Market by Application
9.3.5.4Japan Calcium Formate Market
9.3.5.4.1Japan Calcium Formate Market by Grade
9.3.5.4.2Japan Calcium Formate Market by Application
9.3.5.5South Korea Calcium Formate Market
9.3.5.5.1South Korea Calcium Formate Market by Grade
9.3.5.5.2South Korea Calcium Formate Market by Application
9.3.5.6Rest of Asia-Pacific Calcium Formate Market
9.3.5.6.1Rest of Asia-Pacific Calcium Formate Market by Grade
9.3.5.6.2Rest of Asia-Pacific Calcium Formate Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Calcium Formate Market Overview
9.4.2Middle East and Africa Calcium Formate Market Forecasts and Analysis
9.4.3Middle East and Africa Calcium Formate Market Forecasts and Analysis - By Grade
9.4.4Middle East and Africa Calcium Formate Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Calcium Formate Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Calcium Formate Market
9.4.5.1.1South Africa Calcium Formate Market by Grade
9.4.5.1.2South Africa Calcium Formate Market by Application
9.4.5.2Saudi Arabia Calcium Formate Market
9.4.5.2.1Saudi Arabia Calcium Formate Market by Grade
9.4.5.2.2Saudi Arabia Calcium Formate Market by Application
9.4.5.3U.A.E Calcium Formate Market
9.4.5.3.1U.A.E Calcium Formate Market by Grade
9.4.5.3.2U.A.E Calcium Formate Market by Application
9.4.5.4Rest of Middle East and Africa Calcium Formate Market
9.4.5.4.1Rest of Middle East and Africa Calcium Formate Market by Grade
9.4.5.4.2Rest of Middle East and Africa Calcium Formate Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Calcium Formate Market Overview
9.5.2South and Central America Calcium Formate Market Forecasts and Analysis
9.5.3South and Central America Calcium Formate Market Forecasts and Analysis - By Grade
9.5.4South and Central America Calcium Formate Market Forecasts and Analysis - By Application
9.5.5South and Central America Calcium Formate Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Calcium Formate Market
9.5.5.1.1Brazil Calcium Formate Market by Grade
9.5.5.1.2Brazil Calcium Formate Market by Application
9.5.5.2Argentina Calcium Formate Market
9.5.5.2.1Argentina Calcium Formate Market by Grade
9.5.5.2.2Argentina Calcium Formate Market by Application
9.5.5.3Rest of South and Central America Calcium Formate Market
9.5.5.3.1Rest of South and Central America Calcium Formate Market by Grade
9.5.5.3.2Rest of South and Central America Calcium Formate Market by Application
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.CALCIUM FORMATE MARKET, KEY COMPANY PROFILES
11.1.AMERICAN ELEMENTS
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.CHONGQING CHUANDONG CHEMICAL (GROUP) CO., LTD.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.GEO SPECIALTY CHEMICALS
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.HENAN BOTAI CHEMICAL BUILDING MATERIALS COMPANY LTD.
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.JIANGXI KOSIN ORGANIC CHEMICAL
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.LANXESS
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.PERSTORP
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.SHANDONG BAOYUAN CHEMICAL CO., LTD.
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SIDLEY CHEMICAL CO., LTD.
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.ZIBO RUIBAO CHEMICAL CO., LTD.
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. American Elements
2. Chongqing Chuandong Chemical (Group) Co., Ltd.
3. GEO Specialty Chemicals
4. Henan Botai Chemical Building Materials Company Ltd.
5. Jiangxi Kosin Organic Chemical
6. LANXESS
7. Perstorp
8. Shandong Baoyuan Chemical Co., Ltd.
9. Sidley Chemical Co., Ltd.
10. Zibo Ruibao Chemical Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For