Calcium Formate is the calcium salt of formic acid, HCOOH. The chemical formula is Ca(HCOO)2. It is used as leather tanning, animal feed additive, cement additive, silage treatment etc. It may be produced synthetically by reacting calcium oxide or calcium hydroxide with formic acid. In this report, statistics includes feed and industrial Grade.
Revenue estimates of Calcium Formate market, segmented by Leading Companies–
This report presents the manufacturers landscape and a corresponding detailed analysis of the major manufacturers operating in the Calcium Formate industry. Calcium Formate market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Calcium Formate market demand and supply scenarios.
Regions in Calcium Formate Market- North America, Europe, China, Japan, Middle East & Africa, India, South America and Others
Scope of Report:
For industry structure analysis, the Calcium Formate industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 26.09% of the revenue market. Perstorp is the leader of the global calcium formate industry.
We tend to believe that this industry still has a bright future, considering the current demand of Calcium Formate. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The worldwide market for Calcium Formate is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 260 million US$ in 2024, from 230 million US$ in 2019, according to a new study.
This report focuses on the Calcium Formate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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