Formic Acid Market by Types 2022 | IndustryARC
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Formic Acid Market
Formic Acid Market: Types (Grades of 85%, 94%, 99%, and others) by Application (Agriculture, Leather & Textile, Rubber, Chemical & Pharmaceuticals, & others) & Region - Forecast (2017- 2022)
Report Code : CMR 0637
Updated Date: 20 March, 2017  

  • Report Description
  • Table of Contents
  • Customization Options
1. Formic Acid Market – Overview
2. Executive Summary 
3. Market Landscape
   3.1. Market Share Analysis
   3.2. Comparative Analysis
   3.3. Product Benchmarking
   3.4. End User Profiling
   3.5. Top 5 Financials Analysis
4. Formic Acid Market– Forces
   4.1. Drivers
      4.1.1. Increasing demand from animal feed and additives
      4.1.2. Growing end use industries
   4.2. Restraints
      4.2.1. Volatile raw material prices
      4.2.2. Safety regulations over production of formic acid
   4.3. Opportunities
   4.4. Challenges
   4.5. Porter’s Five Forces Analysis
      4.5.1. Bargaining Power of Suppliers
      4.5.2. Bargaining Power of Buyers
      4.5.3. Threat of New Entrants
      4.5.4. Threat of Substitutes
      4.5.5. Degree of Competition
5. Formic Acid Market – Strategic Analysis
   5.1. Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunities Analysis
   5.4. Product/Market Life cycle Analysis
   5.5. Suppliers & Distributors
6. Formic Acid Market, By Type
   6.1. Grades of 85%
   6.2. Grades of 94%
   6.3. Grades of 99%
   6.4. Others
7. Formic Acid Market, By Applications
   7.1. Agriculture
   7.2. Leather & Textile
   7.3. Rubber
   7.4. Chemical & Pharmaceuticals
   7.5. Others
8. Formic Acid Market, By Geography
   8.1. Europe
      8.1.1. Germany
      8.1.2. France
      8.1.3. Italy
      8.1.4. Spain
      8.1.5. Russia
      8.1.6. U.K.
      8.1.7. Rest of Europe
   8.2. Asia Pacific
      8.2.1. China
      8.2.2. India
      8.2.3. Japan
      8.2.4. South Korea
      8.2.5. Rest of Asia-Pacific
   8.3. North America 
      8.3.1. U.S.
      8.3.2. Canada
      8.3.3. Mexico
   8.4. Rest of the World (RoW)
      8.4.1. Middle East
      8.4.2. South America
      8.4.3. Africa
9. Formic Acid – Market Entropy
   9.1. Expansion
   9.2. Technological Developments
   9.3. Merger & Acquisitions, and Joint Ventures
   9.4. Supply- Contract
10. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
   10.1. BASF SE
   10.2. Taminco Corporation
   10.3. Perstorp AB
   10.4. Feicheng Acid Chemicals Co. Ltd.
   10.5. Gujarat Narmada Valley Fertilizers Co. Ltd.
   10.6. Alfa Aesar
   10.7. Chongqing Chuandong Chemical (Group) Co. Ltd.
   10.8. Samsung Fine Chemicals Co. Ltd.
   10.9. Helm Italia S.R.L
   10.10. Shanxiyuanping Chemicals Co. Ltd.
*More than 30 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11. Appendix
   11.1. Abbreviations
   11.2. Sources
   11.3. Research Methodology
   11.4. Bibiliography
   11.5. Compilation of Expert Insights
   11.6. Disclaimer
Formic acid which belongs to the group of carboxylic acids and also commonly known as methanoic acid is an important intermediate in chemical synthesis, occurring naturally, mostly in ant venom. It can be characterized by a colorless appearance and a highly pungent odor, and is soluble in various alcohols, acetones and ethers. Growing demand preservatives and feed additives coupled with increasing demand from major end user industries is expected to be the key growth drivers for formic acid during the period of study.

This report identifies the formic acid market size in for the year 2015-2017, and forecast of the same for year 2022. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to formic acid market.

Formic Acid Market

Geographically Asia-Pacific dominated formic acid market owing to usage of formic acid in its large agricultural industry. Asia-Pacific was followed by Europe and North America as the second and third largest markets for formic acid. Asia-Pacific region is expected to remain the fastest growing region driven by expanding industrial based resulting into higher demand from major industries such as textile, leather and rubber industries in the region.

This report segments formic acid market on the basis of type, application and regional market as follows:
  • On the basis of type this report on formic acid market is segmented as follows, covering all major types used in the formic acid as follows: Grades of 85%, 94%, 99%, and others
  • This report on formic acid also covers in detail various applications of formic acid, some of the major applications covered in the report are Agriculture, Leather & Textile, Rubber, Chemical & Pharmaceuticals, & others
  • This report on formic acid has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

Sample Companies Profiled in this Report are:
  • Taminco Corporation
  • Perstorp AB
  • Feicheng Acid Chemicals Co. Ltd.
  • Gujarat Narmada Valley Fertilizers Co. Ltd.
  • Chongqing Chuandong Chemical (Group) Co. Ltd.
  • 30+.
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