The global Calcium Formate market was valued at 23.83 Million USD in 2021 and will grow with a CAGR of 2.21% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

Perstorp

GEO Specialty Chemicals

Chongqing Chuandong Chemical

Feicheng Acid Chemical

LANXESS Corporation

Zibo Ruibao Chemical

Hengxin Chemical

Jiangxi Kosin Organic Chemical

Baoding Guoxiu

Shandong BaoYuan Chemical

Wujiang Hongyang Chemical

Henan Botai

Fano Biotech

Zouping Fenlian

Zibo Zhongchuan Chemical

Command Chemical Corporation

By Types:

Feed Grade

Industrial Grade

By Applications:

Feed

Construction

Leather Industry

Chemical Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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