- Industrial Grade
- Feed Grade
Calcium Formate Market size is valued at USD 580.0 million in 2022 and is expected to reach a value of USD 849.2 billion by 2029, growing at a CAGR of 5.8% during the forecast period 2023 to 2029. The global market provides a detailed overview of the market, which has been segmented by grade, application, and end user. The market has been segmented by grade into Industrial Grade, Feed Grade. The Industrial Grade is likely the most prominent and fastest-growing segment in terms of grade. By application, the Calcium Formate market is segmented into Feed Additives, Tile & Stone Additives, Concrete Setting, Leather Tanning, Drilling Fluids, Textile Additives, and Flue Gas Desulfurization. The Concrete Setting is expected to hold a significant revenue share over the forecast period. Based on the end user, the calcium formate market is segmented into Construction, Leather & Textile, Animal Husbandry, Chemicals, and Power Generation. According to precision business insights, the Construction segment is predicted to register the fastest growth rate during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
5.8%Largest Market
North AmericanFastest Growing Market
Asia-Pacific
Cement additives, concrete accelerators, tile adhesives, and cement-based mortars include calcium formate. The demand for calcium formate is effectively boosted by the increase in cement usage in the construction industry.
By Grade
By Application
By End User
By Geography
The calcium formate market is projected to expand at a CAGR of 5.8% during the forecast period
American Elements, Chongqing Chuandong Chemical (Group) Co. Ltd., GEO Specialty ChemicalsInc, Huanghua Pengfa Chemical Co.Ltd, Jiangxi Kosin Frontier Technology Co.Ltd., Lanxess AG, Perstorp Holding AB, Shandong Baoyuan Chemicals Co.Ltd., Sidley Chemical Co. Ltd, Zibo Ruibao Chemical Co. Ltd.
Asia Pacific is the fastest-growing region for calcium formate market
1. Executive Summary |
2. Global Calcium Formate Market Introduction |
2.1. Global Calcium Formate Market - Taxonomy |
2.2. Global Calcium Formate Market - Definitions |
2.2.1. Grade |
2.2.2. Application |
2.2.3. End User |
3. Global Calcium Formate Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Calcium Formate Market Dynamic Factors - Impact Analysis |
3.6. Global Calcium Formate Market - Competition Landscape |
3.7. Epidemiology |
4. Global Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Calcium Formate Market, By Grade, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
5.1. Industrial Grade |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Feed Grade |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Calcium Formate Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 |
6.1. Feed Additives |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Tile & Stone Additives |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Concrete Setting |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Leather Tanning |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Drilling Fluids |
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Textile Additives |
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Flue Gas Desulfurization |
6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Others |
6.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
7. Global Calcium Formate Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 |
7.1. Construction |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Leather & Textile |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Animal Husbandry |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Chemicals |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Power Generation |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Others |
7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.6.3. Market Opportunity Analysis |
8. Global Calcium Formate Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.1. North America |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Region, 2023 - 2029 |
9. North America Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
9.1. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Industrial Grade |
9.1.2. Feed Grade |
9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Feed Additives |
9.2.2. Tile & Stone Additives |
9.2.3. Concrete Setting |
9.2.4. Leather Tanning |
9.2.5. Drilling Fluids |
9.2.6. Textile Additives |
9.2.7. Flue Gas Desulfurization |
9.2.8. Others |
9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Construction |
9.3.2. Leather & Textile |
9.3.3. Animal Husbandry |
9.3.4. Chemicals |
9.3.5. Power Generation |
9.3.6. Others |
9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2023 - 2029 |
9.6. North America Calcium Formate Market Dynamics - Trends |
10. Europe Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
10.1. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Industrial Grade |
10.1.2. Feed Grade |
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Feed Additives |
10.2.2. Tile & Stone Additives |
10.2.3. Concrete Setting |
10.2.4. Leather Tanning |
10.2.5. Drilling Fluids |
10.2.6. Textile Additives |
10.2.7. Flue Gas Desulfurization |
10.2.8. Others |
10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Construction |
10.3.2. Leather & Textile |
10.3.3. Animal Husbandry |
10.3.4. Chemicals |
10.3.5. Power Generation |
10.3.6. Others |
10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User,and Country, 2023 - 2029 |
10.6. Europe Calcium Formate Market Dynamics - Trends |
11. Asia-Pacific Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
11.1. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Industrial Grade |
11.1.2. Feed Grade |
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Feed Additives |
11.2.2. Tile & Stone Additives |
11.2.3. Concrete Setting |
11.2.4. Leather Tanning |
11.2.5. Drilling Fluids |
11.2.6. Textile Additives |
11.2.7. Flue Gas Desulfurization |
11.2.8. Others |
11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Construction |
11.3.2. Leather & Textile |
11.3.3. Animal Husbandry |
11.3.4. Chemicals |
11.3.5. Power Generation |
11.3.6. Others |
11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2023 - 2029 |
11.6. Asia-Pacific Calcium Formate Market Dynamics - Trends |
12. Latin America Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
12.1. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Industrial Grade |
12.1.2. Feed Grade |
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Feed Additives |
12.2.2. Tile & Stone Additives |
12.2.3. Concrete Setting |
12.2.4. Leather Tanning |
12.2.5. Drilling Fluids |
12.2.6. Textile Additives |
12.2.7. Flue Gas Desulfurization |
12.2.8. Others |
12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Construction |
12.3.2. Leather & Textile |
12.3.3. Animal Husbandry |
12.3.4. Chemicals |
12.3.5. Power Generation |
12.3.6. Others |
12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2023 - 2029 |
12.6. Latin America Calcium Formate Market Dynamics - Trends |
13. Middle East and Africa Calcium Formate Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
13.1. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Industrial Grade |
13.1.2. Feed Grade |
13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Feed Additives |
13.2.2. Tile & Stone Additives |
13.2.3. Concrete Setting |
13.2.4. Leather Tanning |
13.2.5. Drilling Fluids |
13.2.6. Textile Additives |
13.2.7. Flue Gas Desulfurization |
13.2.8. Others |
13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Construction |
13.3.2. Leather & Textile |
13.3.3. Animal Husbandry |
13.3.4. Chemicals |
13.3.5. Power Generation |
13.3.6. Others |
13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Calcium Formate Market - Opportunity Analysis Index, By Grade, Application, End User, and Country, 2023 - 2029 |
13.6. MEA Calcium Formate Market Dynamics - Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Application& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. American Elements |
14.2.2. Chongqing Chuandong Chemical (Group) Co. Ltd. |
14.2.3. GEO Specialty ChemicalsInc |
14.2.4. Huanghua Pengfa Chemical Co.Ltd |
14.2.5. Jiangxi Kosin Frontier Technology Co.Ltd. |
14.2.6. Lanxess AG |
14.2.7. Perstorp Holding AB |
14.2.8. Shandong Baoyuan Chemicals Co.Ltd. |
14.2.9. Sidley Chemical Co. Ltd |
14.2.10. Zibo Ruibao Chemical Co. Ltd. |
15. Research Methodology |
16. Key Assumptions and Acronyms |