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Global Formic Acid 85% Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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1 Market Overview

  • 1.1 Product Overview and Scope of Formic Acid 85%
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Formic Acid 85% Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Industrial Grade
    • 1.3.3 Feed Grade
    • 1.3.4 Other
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Formic Acid 85% Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Agriculture
    • 1.4.3 Leather and Textile
    • 1.4.4 Rubber
    • 1.4.5 Chemical and Pharmaceuticals
    • 1.4.6 Other
  • 1.5 Global Formic Acid 85% Market Size & Forecast
    • 1.5.1 Global Formic Acid 85% Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Formic Acid 85% Sales Quantity (2018-2029)
    • 1.5.3 Global Formic Acid 85% Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 BASF
    • 2.1.1 BASF Details
    • 2.1.2 BASF Major Business
    • 2.1.3 BASF Formic Acid 85% Product and Services
    • 2.1.4 BASF Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 BASF Recent Developments/Updates
  • 2.2 Eastman
    • 2.2.1 Eastman Details
    • 2.2.2 Eastman Major Business
    • 2.2.3 Eastman Formic Acid 85% Product and Services
    • 2.2.4 Eastman Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Eastman Recent Developments/Updates
  • 2.3 Perstorp
    • 2.3.1 Perstorp Details
    • 2.3.2 Perstorp Major Business
    • 2.3.3 Perstorp Formic Acid 85% Product and Services
    • 2.3.4 Perstorp Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Perstorp Recent Developments/Updates
  • 2.4 Rashtriya Chemicals and Fertilizers
    • 2.4.1 Rashtriya Chemicals and Fertilizers Details
    • 2.4.2 Rashtriya Chemicals and Fertilizers Major Business
    • 2.4.3 Rashtriya Chemicals and Fertilizers Formic Acid 85% Product and Services
    • 2.4.4 Rashtriya Chemicals and Fertilizers Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Rashtriya Chemicals and Fertilizers Recent Developments/Updates
  • 2.5 Gujarat Narmada Valley Fertilizers & Chemicals
    • 2.5.1 Gujarat Narmada Valley Fertilizers & Chemicals Details
    • 2.5.2 Gujarat Narmada Valley Fertilizers & Chemicals Major Business
    • 2.5.3 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid 85% Product and Services
    • 2.5.4 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
  • 2.6 Luxi Chemical Group
    • 2.6.1 Luxi Chemical Group Details
    • 2.6.2 Luxi Chemical Group Major Business
    • 2.6.3 Luxi Chemical Group Formic Acid 85% Product and Services
    • 2.6.4 Luxi Chemical Group Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Luxi Chemical Group Recent Developments/Updates
  • 2.7 Shandong Acid Technology
    • 2.7.1 Shandong Acid Technology Details
    • 2.7.2 Shandong Acid Technology Major Business
    • 2.7.3 Shandong Acid Technology Formic Acid 85% Product and Services
    • 2.7.4 Shandong Acid Technology Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Shandong Acid Technology Recent Developments/Updates
  • 2.8 Chongqing Chuandong Chemical
    • 2.8.1 Chongqing Chuandong Chemical Details
    • 2.8.2 Chongqing Chuandong Chemical Major Business
    • 2.8.3 Chongqing Chuandong Chemical Formic Acid 85% Product and Services
    • 2.8.4 Chongqing Chuandong Chemical Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Chongqing Chuandong Chemical Recent Developments/Updates
  • 2.9 Shijiazhuang Taihe Chemical
    • 2.9.1 Shijiazhuang Taihe Chemical Details
    • 2.9.2 Shijiazhuang Taihe Chemical Major Business
    • 2.9.3 Shijiazhuang Taihe Chemical Formic Acid 85% Product and Services
    • 2.9.4 Shijiazhuang Taihe Chemical Formic Acid 85% Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Shijiazhuang Taihe Chemical Recent Developments/Updates

3 Competitive Environment: Formic Acid 85% by Manufacturer

  • 3.1 Global Formic Acid 85% Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Formic Acid 85% Revenue by Manufacturer (2018-2023)
  • 3.3 Global Formic Acid 85% Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Formic Acid 85% by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Formic Acid 85% Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Formic Acid 85% Manufacturer Market Share in 2022
  • 3.5 Formic Acid 85% Market: Overall Company Footprint Analysis
    • 3.5.1 Formic Acid 85% Market: Region Footprint
    • 3.5.2 Formic Acid 85% Market: Company Product Type Footprint
    • 3.5.3 Formic Acid 85% Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Formic Acid 85% Market Size by Region
    • 4.1.1 Global Formic Acid 85% Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Formic Acid 85% Consumption Value by Region (2018-2029)
    • 4.1.3 Global Formic Acid 85% Average Price by Region (2018-2029)
  • 4.2 North America Formic Acid 85% Consumption Value (2018-2029)
  • 4.3 Europe Formic Acid 85% Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Formic Acid 85% Consumption Value (2018-2029)
  • 4.5 South America Formic Acid 85% Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Formic Acid 85% Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 5.2 Global Formic Acid 85% Consumption Value by Type (2018-2029)
  • 5.3 Global Formic Acid 85% Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 6.2 Global Formic Acid 85% Consumption Value by Application (2018-2029)
  • 6.3 Global Formic Acid 85% Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 7.2 North America Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 7.3 North America Formic Acid 85% Market Size by Country
    • 7.3.1 North America Formic Acid 85% Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Formic Acid 85% Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 8.2 Europe Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 8.3 Europe Formic Acid 85% Market Size by Country
    • 8.3.1 Europe Formic Acid 85% Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Formic Acid 85% Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Formic Acid 85% Market Size by Region
    • 9.3.1 Asia-Pacific Formic Acid 85% Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Formic Acid 85% Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 10.2 South America Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 10.3 South America Formic Acid 85% Market Size by Country
    • 10.3.1 South America Formic Acid 85% Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Formic Acid 85% Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Formic Acid 85% Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Formic Acid 85% Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Formic Acid 85% Market Size by Country
    • 11.3.1 Middle East & Africa Formic Acid 85% Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Formic Acid 85% Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Formic Acid 85% Market Drivers
  • 12.2 Formic Acid 85% Market Restraints
  • 12.3 Formic Acid 85% Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Formic Acid 85% and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Formic Acid 85%
  • 13.3 Formic Acid 85% Production Process
  • 13.4 Formic Acid 85% Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Formic Acid 85% Typical Distributors
  • 14.3 Formic Acid 85% Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Formic Acid 85% market size was valued at USD 193.4 million in 2022 and is forecast to a readjusted size of USD 271.8 million by 2029 with a CAGR of 5.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
    Formic acid 85% is a colorless liquid with a pungent odor. Its chemical formula is HCOOH and it is the simplest carboxylic acid. Formic acid 85% is a concentrated form of formic acid, meaning it contains 85% of the acid by weight and the rest is water.
    This report is a detailed and comprehensive analysis for global Formic Acid 85% market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
    Key Features:
    Global Formic Acid 85% market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
    Global Formic Acid 85% market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
    Global Formic Acid 85% market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
    Global Formic Acid 85% market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Formic Acid 85%
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Formic Acid 85% market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Eastman, Perstorp, Rashtriya Chemicals and Fertilizers and Gujarat Narmada Valley Fertilizers & Chemicals, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
    Market Segmentation
    Formic Acid 85% market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Industrial Grade
    Feed Grade
    Other
    Market segment by Application
    Agriculture
    Leather and Textile
    Rubber
    Chemical and Pharmaceuticals
    Other
    Major players covered
    BASF
    Eastman
    Perstorp
    Rashtriya Chemicals and Fertilizers
    Gujarat Narmada Valley Fertilizers & Chemicals
    Luxi Chemical Group
    Shandong Acid Technology
    Chongqing Chuandong Chemical
    Shijiazhuang Taihe Chemical
    Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Formic Acid 85% product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Formic Acid 85%, with price, sales, revenue and global market share of Formic Acid 85% from 2018 to 2023.
    Chapter 3, the Formic Acid 85% competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Formic Acid 85% breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Formic Acid 85% market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
    Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Formic Acid 85%.
    Chapter 14 and 15, to describe Formic Acid 85% sales channel, distributors, customers, research findings and conclusion.

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