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.
Summary:
Get latest Market Research Reports on Formic Acid 85%. Industry analysis & Market Report on Formic Acid 85% is a syndicated market report, published as Global Formic Acid 85% Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Formic Acid 85% market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.