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Chemical & Material Global Industrial Grade Formic Acid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4533478
    • |
  • 08 June, 2023
    • |
  • Global
    • |
  • 91 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Industrial Grade Formic Acid market size was valued at USD 265.5 million in 2022 and is forecast to a readjusted size of USD 373 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 is an organic acid with the chemical formula HCOOH. It is a colorless liquid with a pungent odor and is widely used in various industries, including agriculture, textiles, and leather production. Industrial grade formic acid typically contains a concentration of 85% or higher, with the remaining percentage consisting of water and other impurities.
This report is a detailed and comprehensive analysis for global Industrial Grade Formic Acid 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 Industrial Grade Formic Acid market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Grade Formic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Grade Formic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Grade Formic Acid market shares of main players, shipments in revenue ($ 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 Industrial Grade Formic Acid
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 Industrial Grade Formic Acid 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
Industrial Grade Formic Acid 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
Content 85%
Content 90%
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 Industrial Grade Formic Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Grade Formic Acid, with price, sales, revenue and global market share of Industrial Grade Formic Acid from 2018 to 2023.
Chapter 3, the Industrial Grade Formic Acid competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Grade Formic Acid 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 Industrial Grade Formic Acid 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 Industrial Grade Formic Acid.
Chapter 14 and 15, to describe Industrial Grade Formic Acid sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Industrial Grade Formic Acid
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Industrial Grade Formic Acid Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Content 85%
    • 1.3.3 Content 90%
    • 1.3.4 Other
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Market Size & Forecast
    • 1.5.1 Global Industrial Grade Formic Acid Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Industrial Grade Formic Acid Sales Quantity (2018-2029)
    • 1.5.3 Global Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.1.4 BASF Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.2.4 Eastman Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.3.4 Perstorp Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.4.4 Rashtriya Chemicals and Fertilizers Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.5.4 Gujarat Narmada Valley Fertilizers & Chemicals Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.6.4 Luxi Chemical Group Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.7.4 Shandong Acid Technology Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.8.4 Chongqing Chuandong Chemical Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Product and Services
    • 2.9.4 Shijiazhuang Taihe Chemical Industrial Grade Formic Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Shijiazhuang Taihe Chemical Recent Developments/Updates

3 Competitive Environment: Industrial Grade Formic Acid by Manufacturer

  • 3.1 Global Industrial Grade Formic Acid Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Industrial Grade Formic Acid Revenue by Manufacturer (2018-2023)
  • 3.3 Global Industrial Grade Formic Acid Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Industrial Grade Formic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Industrial Grade Formic Acid Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Industrial Grade Formic Acid Manufacturer Market Share in 2022
  • 3.5 Industrial Grade Formic Acid Market: Overall Company Footprint Analysis
    • 3.5.1 Industrial Grade Formic Acid Market: Region Footprint
    • 3.5.2 Industrial Grade Formic Acid Market: Company Product Type Footprint
    • 3.5.3 Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Market Size by Region
    • 4.1.1 Global Industrial Grade Formic Acid Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Industrial Grade Formic Acid Consumption Value by Region (2018-2029)
    • 4.1.3 Global Industrial Grade Formic Acid Average Price by Region (2018-2029)
  • 4.2 North America Industrial Grade Formic Acid Consumption Value (2018-2029)
  • 4.3 Europe Industrial Grade Formic Acid Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Industrial Grade Formic Acid Consumption Value (2018-2029)
  • 4.5 South America Industrial Grade Formic Acid Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Industrial Grade Formic Acid Consumption Value (2018-2029)

5 Market Segment by Type

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

6 Market Segment by Application

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

7 North America

  • 7.1 North America Industrial Grade Formic Acid Sales Quantity by Type (2018-2029)
  • 7.2 North America Industrial Grade Formic Acid Sales Quantity by Application (2018-2029)
  • 7.3 North America Industrial Grade Formic Acid Market Size by Country
    • 7.3.1 North America Industrial Grade Formic Acid Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Sales Quantity by Type (2018-2029)
  • 8.2 Europe Industrial Grade Formic Acid Sales Quantity by Application (2018-2029)
  • 8.3 Europe Industrial Grade Formic Acid Market Size by Country
    • 8.3.1 Europe Industrial Grade Formic Acid Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Industrial Grade Formic Acid Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Industrial Grade Formic Acid Market Size by Region
    • 9.3.1 Asia-Pacific Industrial Grade Formic Acid Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Sales Quantity by Type (2018-2029)
  • 10.2 South America Industrial Grade Formic Acid Sales Quantity by Application (2018-2029)
  • 10.3 South America Industrial Grade Formic Acid Market Size by Country
    • 10.3.1 South America Industrial Grade Formic Acid Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Industrial Grade Formic Acid Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Industrial Grade Formic Acid Market Size by Country
    • 11.3.1 Middle East & Africa Industrial Grade Formic Acid Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Industrial Grade Formic Acid 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 Industrial Grade Formic Acid Market Drivers
  • 12.2 Industrial Grade Formic Acid Market Restraints
  • 12.3 Industrial Grade Formic Acid 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 Industrial Grade Formic Acid and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Industrial Grade Formic Acid
  • 13.3 Industrial Grade Formic Acid Production Process
  • 13.4 Industrial Grade Formic Acid Industrial Chain

14 Shipments by Distribution Channel

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

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Industrial Grade Formic Acid. Industry analysis & Market Report on Industrial Grade Formic Acid is a syndicated market report, published as Global Industrial Grade Formic Acid Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Industrial Grade Formic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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