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The Global Calcium Formate Market is expected to reach $921.32 million by 2027 growing at a CAGR of 7.5% from 2020 to 2027. Calcium formate is an odorless, calcium salt of formic acid (HCOOH), with the chemical formula Ca (HCOO)2. It is a clean white crystalline, which flows easily. It is used for strengthening and plastering concrete as it increases the speed of settling concrete. Furthermore, it is a great source of calcium and builds the ions together that evaporate and react with an aqueous solution. Calcium formate is quickly replacing calcium chloride as an accelerator in the construction industry owing to its key features such as corrosion resistance to steel and improving the strength of cement mortar. The calcium formate as an accelerator in concrete applications reduces the time to set up, works well at low temperatures, and protects metals from corrosion. Factors such as the multi-utility nature of calcium formate and growing demand in the construction industry are driving the growth of the market. However, the availability of substitutes is restraining the growth of the market. Based on the grade, the industrial-grade segment is going to have lucrative growth during the forecast period. Industrial-grade calcium methanoate is used as a tile additive and cement flue-gas desulfurization agent, de-icing agent, feed additive, and adhesive & sealant. Rising demand for industrial-grade from chemical and construction industries drive the global market. The key vendors mentioned are American Elements, Baoding Guoxiu, Chifeng Ruiyang Chemical, Fano Biotech, Feicheng Acid Chemical, Geo Specialty Chemicals, Henan Botai Chemical Building Material Co., Ltd, Huanghua Pengfa Chemical Co., Ltd, Jiangxi Kosin Organic Chemical Co., Ltd, Lanxess, Mudanjiang Fengda Chemicals, Perstorp Group, Shandong Baoyuan Chemical Co. Ltd, Sidley Chemical Co., Ltd, U.S. Chemicals LLC, Wujiang Hongyang Chemical, Zibo Ruibao Chemical Co., LTD and Zouping Fenlian. Grades Covered: • Industrial Grade • Feed Grade Functions Covered: • Addictive • Cure Accelerator • Masking Agent • Preservative Applications Covered: • Animal Feed • Chemical Synthesis • Coal • Concrete & Remicon (Ready-mix Concrete) Additives • Cure Accelerator • Drilling Fluids • Dyestuffs, Pigments and Optical Brighteners • Feedstuff Additives • Flue Gas Desulfurization • Gas Desulphurization • Glues and Adhesives • Masking Agent • Preservative • Silage Preservation Agents • Tanning Agents • Tile & Stone Additives End Users Covered: • Animal Husbandry • Automotive • Building & Construction • Cement • Chemical & Petrochemical • Energy & Power • Food & Beverages • Healthcare • Leather & Textile • Oil & Gas Distribution Channels Covered: • Online • Offline Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Calcium Formate Market, By Grade
5.1 Introduction
5.2 Industrial Grade
5.3 Feed Grade
6 Global Calcium Formate Market, By Function
6.1 Introduction
6.2 Addictive
6.3 Cure Accelerator
6.4 Masking Agent
6.5 Preservative
7 Global Calcium Formate Market, By Application
7.1 Introduction
7.2 Animal Feed
7.3 Chemical Synthesis
7.4 Coal
7.5 Concrete & Remicon (Ready-mix Concrete) Additives
7.6 Cure Accelerator
7.7 Drilling Fluids
7.8 Dyestuffs, Pigments and Optical Brighteners
7.9 Feedstuff Additives
7.10 Flue Gas Desulfurization
7.11 Gas Desulphurization
7.12 Glues and Adhesives
7.13 Masking Agent
7.14 Preservative
7.15 Silage Preservation Agents
7.16 Tanning Agents
7.17 Tile & Stone Additives
8 Global Calcium Formate Market, By End User
8.1 Introduction
8.2 Animal Husbandry
8.3 Automotive
8.4 Building & Construction
8.5 Cement
8.6 Chemical & Petrochemical
8.7 Energy & Power
8.8 Food & Beverages
8.9 Healthcare
8.10 Leather & Textile
8.11 Oil & Gas
9 Global Calcium Formate Market, By Distribution Channel
9.1 Introduction
9.2 Online
9.3 Offline
10 Global Calcium Formate Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 American Elements
12.2 Baoding Guoxiu
12.3 Chifeng Ruiyang Chemical
12.4 Fano Biotech
12.5 Feicheng Acid Chemical
12.6 Geo Specialty Chemicals
12.7 Henan Botai Chemical Building Material Co., Ltd.
12.8 Huanghua Pengfa Chemical Co., Ltd.
12.9 Jiangxi Kosin Organic Chemical Co., Ltd.
12.10 Lanxess
12.11 Mudanjiang Fengda Chemicals
12.12 Perstorp Group
12.13 Shandong Baoyuan Chemical Co. Ltd.
12.14 Sidley Chemical Co., Ltd.
12.15 U.S. Chemicals LLC
12.16 Wujiang Hongyang Chemical
12.17 Zibo Ruibao Chemical Co., LTD.
12.18 Zouping Fenlian
List of Data Tables
1 Global Calcium Formate Market Outlook, By Region (2019-2027) ($MN)
2 Global Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
3 Global Calcium Formate Market Outlook, By Industrial Grade (2019-2027) ($MN)
4 Global Calcium Formate Market Outlook, By Feed Grade (2019-2027) ($MN)
5 Global Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
6 Global Calcium Formate Market Outlook, By Addictive (2019-2027) ($MN)
7 Global Calcium Formate Market Outlook, By Cure Accelerator (2019-2027) ($MN)
8 Global Calcium Formate Market Outlook, By Masking Agent (2019-2027) ($MN)
9 Global Calcium Formate Market Outlook, By Preservative (2019-2027) ($MN)
10 Global Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
11 Global Calcium Formate Market Outlook, By Animal Feed (2019-2027) ($MN)
12 Global Calcium Formate Market Outlook, By Chemical Synthesis (2019-2027) ($MN)
13 Global Calcium Formate Market Outlook, By Coal (2019-2027) ($MN)
14 Global Calcium Formate Market Outlook, By Concrete & Remicon (Ready-mix Concrete) Additives (2019-2027) ($MN)
15 Global Calcium Formate Market Outlook, By Cure Accelerator (2019-2027) ($MN)
16 Global Calcium Formate Market Outlook, By Drilling Fluids (2019-2027) ($MN)
17 Global Calcium Formate Market Outlook, By Dyestuffs, Pigments and Optical Brighteners (2019-2027) ($MN)
18 Global Calcium Formate Market Outlook, By Feedstuff Additives (2019-2027) ($MN)
19 Global Calcium Formate Market Outlook, By Flue Gas Desulfurization (2019-2027) ($MN)
20 Global Calcium Formate Market Outlook, By Gas Desulphurization (2019-2027) ($MN)
21 Global Calcium Formate Market Outlook, By Glues and Adhesives (2019-2027) ($MN)
22 Global Calcium Formate Market Outlook, By Masking Agent (2019-2027) ($MN)
23 Global Calcium Formate Market Outlook, By Preservative (2019-2027) ($MN)
24 Global Calcium Formate Market Outlook, By Silage Preservation Agents (2019-2027) ($MN)
25 Global Calcium Formate Market Outlook, By Tanning Agents (2019-2027) ($MN)
26 Global Calcium Formate Market Outlook, By Tile & Stone Additives (2019-2027) ($MN)
27 Global Calcium Formate Market Outlook, By End User (2019-2027) ($MN)
28 Global Calcium Formate Market Outlook, By Animal Husbandry (2019-2027) ($MN)
29 Global Calcium Formate Market Outlook, By Automotive (2019-2027) ($MN)
30 Global Calcium Formate Market Outlook, By Building & Construction (2019-2027) ($MN)
31 Global Calcium Formate Market Outlook, By Cement (2019-2027) ($MN)
32 Global Calcium Formate Market Outlook, By Chemical & Petrochemical (2019-2027) ($MN)
33 Global Calcium Formate Market Outlook, By Energy & Power (2019-2027) ($MN)
34 Global Calcium Formate Market Outlook, By Food & Beverages (2019-2027) ($MN)
35 Global Calcium Formate Market Outlook, By Healthcare (2019-2027) ($MN)
36 Global Calcium Formate Market Outlook, By Leather & Textile (2019-2027) ($MN)
37 Global Calcium Formate Market Outlook, By Oil & Gas (2019-2027) ($MN)
38 Global Calcium Formate Market Outlook, By Distribution Channel (2019-2027) ($MN)
39 Global Calcium Formate Market Outlook, By Online (2019-2027) ($MN)
40 Global Calcium Formate Market Outlook, By Offline (2019-2027) ($MN)
41 North America Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
42 North America Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
43 North America Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
44 North America Calcium Formate Market Outlook, By End User (2019-2027) ($MN)
45 Europe Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
46 Europe Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
47 Europe Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
48 Europe Calcium Formate Market Outlook, By End User (2019-2027) ($MN)
49 Asia Pacific Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
50 Asia Pacific Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
51 Asia Pacific Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
52 Asia Pacific Calcium Formate Market Outlook, By End User (2019-2027) ($MN)
53 South America Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
54 South America Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
55 South America Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
56 South America Calcium Formate Market Outlook, By End User (2019-2027) ($MN)
57 Middle East & Africa Calcium Formate Market Outlook, By Grade (2019-2027) ($MN)
58 Middle East & Africa Calcium Formate Market Outlook, By Function (2019-2027) ($MN)
59 Middle East & Africa Calcium Formate Market Outlook, By Application (2019-2027) ($MN)
60 Middle East & Africa Calcium Formate Market Outlook, By End User (2019-2027) ($MN)