Calcium Formate Market Insights
The calcium formate market will grow at a high rate during the forecast period. It is a white crystal that is highly used in mortar as a setting accelerator. Given its role as setting accelerator, it speeds up the hardening of cement and leads to improvement in early strength. It is used in dry mortar and also in concrete. This chemical can strongly change the working of the wet mortar depending upon the usage. The exponential growth from the construction industry will put high demand on the calcium formate leading to high market growth.
Calcium Formate Market: By Type
Based on the type, the market is bifurcated into feed and industrial grade. The feed grade is expected to be the fastest-growing segment in this market. It is extensively used in both domestic and international markets as a new type of feed additive. It is not only suitable for all kinds of animal feed but also prevents dysentery, helping in digestion and absorption. Additionally, 1%-15% of calcium formate in a piglet’s diet can prevent diarrhea and lead to increased food consumption. These useful functions will drive the segment growth in the market. The industrial-grade segment will also grow rapidly in this market. They are used in leather tanning, as a cement additive, for silage treatment and in power generation among others, their extensive use in industry vertical will drive the segment growth in the market.
Calcium Formate Market: By Application
Based on the application, the market is bifurcated into feed additives, tile & stone additives, concrete setting, drilling fluids, and textile additives among others. The Textile additives segment will be the fastest-growing segment in this market. As an aid in the textile industry, it enables pickling, descaling, and impregnating of leather. Concrete settings will also grow rapidly in this market. The Construction industry uses calcium formate as a concrete mixture. Its purpose is to serve as the setting accelerator for the cement building materials and also used as tile adhesives.
Calcium Formate Market: By End-Use Industry
Based on the end-use industry, the market is bifurcated into construction, animal husbandry, Power Generation, and chemicals among others. The Construction industry will grow exponentially in this market. Growth in construction units will boost the segment growth in the market. Highly used as a setting accelerator to harden the cement and improve the strength will also drive the segment growth. The Animal husbandry segment will be the rapidly growing segment in this market due to their high use in piglet’s diet, rising demand from both the domestic and international market, and also acts as a feedstock preservative.
Calcium Formate Market: By Region
Given the region, the global calcium formate market is bifurcated into Europe, North America, Asia-Pacific, Middle East & Africa, and CSA. Asia-Pacific will have the largest market penetration in the global calcium formate market. Government initiative towards the revival of the construction industry will drive the market’s growth in the region. The rising dependence on animal husbandry and the need to provide quality fodder will lead to high market growth in the region.
Calcium Formate Market Share and Competitive Analysis
Some of the key players operating in the market include Aaru Life science, Hemal Impex, UMC, DPL-US, GJ chemical, Wego Chemical Group Inc, Connection Chemical, Tavco Chemicals, Inc, Trimet Chemical Products, Perstorp, GEO Specialty Chemicals, Henan Botai, Fano Biotech, and Baoding Guoxiu among others.
Please note: This is not an exhaustive list of companies profiled in the report.
Check the Press Release on Global Calcium Formate Market Report
Calcium Formate Market: By Type
- Introduction
- Calcium Formate Market, By Type, 2018-2026 (USD Million)
- Feed
- Feed: Calcium Formate Market, 2018-2026 (USD Million)
- Industrial
- Industrial: Calcium Formate Market, 2018-2026 (USD Million)
Calcium Formate Market: By Application
- Introduction
- Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Feed Additives
- Feed Additives: Calcium Formate Market, 2018-2026 (USD Million)
- Tile & Stone Additives
- Tile & Stone Additives: Calcium Formate Market, 2018-2026 (USD Million)
- Concrete Setting
- Concrete Setting: Calcium Formate Market, 2018-2026 (USD Million)
- Drilling fluids
- Drilling fluids: Calcium Formate Market, 2018-2026 (USD Million)
- Textile Additives
- Textile Additives: Calcium Formate Market, 2018-2026 (USD Million)
- Leather Tanning
- Leather Tanning: Calcium Formate Market, 2018-2026 (USD Million)
- Flue Gas Desulfurization
- Flue Gas Desulfurization: Calcium Formate Market, 2018-2026 (USD Million)
Calcium Formate Market: By End User Industry
- Introduction
- Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- Construction
- Construction: Calcium Formate Market, 2018-2026 (USD Million)
- Animal Husbandry
- Animal Husbandry: Calcium Formate Market, 2018-2026 (USD Million)
- Power Generation
- Power Generation: Calcium Formate Market, 2018-2026 (USD Million)
- Chemicals
- Chemicals: Calcium Formate Market, 2018-2026 (USD Million)
- Leather &Textile
- Leather &Textile: Calcium Formate Market, 2018-2026 (USD Million)
- Other
- Other: Calcium Formate Market, 2018-2026 (USD Million)
Calcium Formate Market: By Region
- Introduction
- Global Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- North America
- North America Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- North America Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- North America Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- North America Calcium Formate Market, By Application, 2018-2026 (USD Million)
- By Country
- U.S.
- By Type
- U.S Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- U.S Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- U.S Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Canada.
- By Type
- Canada Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Canada Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Canada Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Mexico
- By Type
- Mexico Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Mexico Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Mexico Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Europe
- Europe Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Europe Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Europe Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Europe Calcium Formate Market, By Application, 2018-2026 (USD Million)
- By Country
- Germany
- By Type
- Germany Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Germany Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Germany Calcium Formate Market, By Vertical, 2018-2026 (USD Million)
- UK
- By Type
- UK Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- UK Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- UK Calcium Formate Market, By Application, 2018-2026 (USD Million)
- France
- By Type
- France Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- France Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- France Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Italy
- By Type
- Italy Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Italy Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Italy Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Spain
- By Type
- Spain Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Spain Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Spain Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Rest Of Europe
- By Type
- Rest Of Europe Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Rest Of Europe Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Rest Of Europe Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Asia Pacific
- Asia Pacific Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Asia Pacific Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Asia Pacific Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Asia Pacific Calcium Formate Market, By Application, 2018-2026 (USD Million)
- By Country
- China
- By Type
- China Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- China Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- China Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Japan
- By Type
- Japan Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Japan Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Japan Calcium Formate Market, By Application, 2018-2026 (USD Million)
- India
- By Type
- India Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- India Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- India Calcium Formate Market, By Application, 2018-2026 (USD Million)
- South Korea
- By Type
- South Korea Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- South Korea Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- South Korea Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Rest Of APAC
- By Type
- Rest Of APAC Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Rest Of APAC Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Rest Of APAC Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Central & South America
- Central & South America Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Central & South America Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Central & South America Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Central & South America Calcium Formate Market, By Application, 2018-2026 (USD Million)
- By Country
- Brazil
- By Type
- Brazil Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Brazil Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Brazil Calcium Formate Market, By Application, 2018-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Calcium Formate Market, Regional Analysis, 2018-2026 (USD Million)
- By Type
- Middle East & Africa Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Middle East & Africa Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Middle East & Africa Calcium Formate Market, By Application, 2018-2026 (USD Million)
- By Country
- Saudi Arabia
- By Type
- Saudi Arabia Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- Saudi Arabia Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- Saudi Arabia Calcium Formate Market, By Application, 2018-2026 (USD Million)
- UAE
- By Type
- UAE Calcium Formate Market, By Type, 2018-2026 (USD Million)
- By End User Industry
- UAE Calcium Formate Market, By End User Industry, 2018-2026 (USD Million)
- By Application
- UAE Calcium Formate Market, By Application, 2018-2026 (USD Million)
The global Calcium Formate Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Calcium Formate Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.