Formic Acid Market 2027 by Types, Application, Technology, Opportunities, End Users and Regions | The Insight Partners

Formic Acid Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Grade (75%, 80%, 85%, 94%, 99%); Application (Agriculture, Leather Tanning, Rubber, Chemical & Pharmaceuticals, Textile Dyeing & Finishing, Others)

Report Code: TIPRE00003581 | No. of Pages: 150 | Category: Chemicals and Materials | Status: Upcoming
Covid
MARKET INTRODUCTION
Formic acid is a colorless and volatile organic acid that occurs naturally in the fruit of the soaptree and ants. It is a by-product formed in the atmospheric oxidation of turpentine. Formic acid is most prominently used as a preservative and acts as an antibacterial agent in livestock feed. It is produced by hydrolysis of methyl format, and the other important method is acidolysis of formate salts.

MARKET DYNAMICS
The formic acid market has witnessed a significant growth owing to factors such as increasing usability of high-quality formic acid in a variety of end-user industries which includes pesticides, pharmaceuticals, and leather industry and growing textile, leather and rubber industries in developed and developing economies such as China and India. Moreover, ban on the use of antibiotics in European countries leads to high demand for formic acid which is used in huge quantity in animal feedstock's to improve the diet of animals and meat quality preferred by consumers. However, the easy availability of substitutes at a lower cost in the market is the major factor hampering the growth of the market.

MARKET SCOPE
The "Global Formic Acid Market Analysis to 2027" is a specialized and in-depth study of the Chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the formic acid market with detailed market segmentation by grade, application, and geography. The global formic acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading formic acid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION
The global formic acid market is segmented on the basis of grade and application. On the basis of grade, the formic acid market is segmented into 75%, 80%, 85%, 94% and 99%. The formic acid market on the basis of the application is classified into agriculture, leather tanning, rubber, chemical & pharmaceuticals, textile dyeing & finishing and others.

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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global formic acid market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The formic acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the formic acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the formic acid in these regions.

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MARKET PLAYERS
The reports cover key developments in the formic acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from formic acid market are anticipated to lucrative growth opportunities in the future with the rising demand for Formic acid in the global market. Below mentioned is the list of few companies engaged in the Formic acid market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the formic acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
  • Alfa Aesar (Thermo Fisher Scientific)
  • Anhui Asahikasei Chemical Co.
  • BASF SE
  • Eastman Chemical Company
  • Feicheng Acid Chemicals Co.,
  • Gujarat Narmada Valley Fertilizers & Chemicals Limited
  • HELM AG
  • LUMITOS AG
  • Luxi Chemical Group Co., Ltd.
  • Perstorp
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Formic Acid Market - By Grade
1.3.2 Formic Acid Market - By Application
1.3.3 Formic Acid Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. FORMIC ACID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FORMIC ACID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FORMIC ACID MARKET - GLOBAL MARKET ANALYSIS
6.1. FORMIC ACID - GLOBAL MARKET OVERVIEW
6.2. FORMIC ACID - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. FORMIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - GRADE
7.1. OVERVIEW
7.2. GRADE MARKET FORECASTS AND ANALYSIS
7.3. 75%
7.3.1. Overview
7.3.2. 75% Market Forecast and Analysis
7.4. 80%
7.4.1. Overview
7.4.2. 80% Market Forecast and Analysis
7.5. 85%
7.5.1. Overview
7.5.2. 85% Market Forecast and Analysis
7.6. 94%
7.6.1. Overview
7.6.2. 94% Market Forecast and Analysis
7.7. 99%
7.7.1. Overview
7.7.2. 99% Market Forecast and Analysis
8. FORMIC ACID MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AGRICULTURE
8.3.1. Overview
8.3.2. Agriculture Market Forecast and Analysis
8.4. LEATHER TANNING
8.4.1. Overview
8.4.2. Leather Tanning Market Forecast and Analysis
8.5. RUBBER
8.5.1. Overview
8.5.2. Rubber Market Forecast and Analysis
8.6. CHEMICAL & PHARMACEUTICALS
8.6.1. Overview
8.6.2. Chemical & Pharmaceuticals Market Forecast and Analysis
8.7. TEXTILE DYEING & FINISHING
8.7.1. Overview
8.7.2. Textile Dyeing & Finishing Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. FORMIC ACID MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Formic Acid Market Overview
9.1.2 North America Formic Acid Market Forecasts and Analysis
9.1.3 North America Formic Acid Market Forecasts and Analysis - By Grade
9.1.4 North America Formic Acid Market Forecasts and Analysis - By Application
9.1.5 North America Formic Acid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Formic Acid Market
9.1.5.1.1 United States Formic Acid Market by Grade
9.1.5.1.2 United States Formic Acid Market by Application
9.1.5.2 Canada Formic Acid Market
9.1.5.2.1 Canada Formic Acid Market by Grade
9.1.5.2.2 Canada Formic Acid Market by Application
9.1.5.3 Mexico Formic Acid Market
9.1.5.3.1 Mexico Formic Acid Market by Grade
9.1.5.3.2 Mexico Formic Acid Market by Application
9.2. EUROPE
9.2.1 Europe Formic Acid Market Overview
9.2.2 Europe Formic Acid Market Forecasts and Analysis
9.2.3 Europe Formic Acid Market Forecasts and Analysis - By Grade
9.2.4 Europe Formic Acid Market Forecasts and Analysis - By Application
9.2.5 Europe Formic Acid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Formic Acid Market
9.2.5.1.1 Germany Formic Acid Market by Grade
9.2.5.1.2 Germany Formic Acid Market by Application
9.2.5.2 France Formic Acid Market
9.2.5.2.1 France Formic Acid Market by Grade
9.2.5.2.2 France Formic Acid Market by Application
9.2.5.3 Italy Formic Acid Market
9.2.5.3.1 Italy Formic Acid Market by Grade
9.2.5.3.2 Italy Formic Acid Market by Application
9.2.5.4 United Kingdom Formic Acid Market
9.2.5.4.1 United Kingdom Formic Acid Market by Grade
9.2.5.4.2 United Kingdom Formic Acid Market by Application
9.2.5.5 Russia Formic Acid Market
9.2.5.5.1 Russia Formic Acid Market by Grade
9.2.5.5.2 Russia Formic Acid Market by Application
9.2.5.6 Rest of Europe Formic Acid Market
9.2.5.6.1 Rest of Europe Formic Acid Market by Grade
9.2.5.6.2 Rest of Europe Formic Acid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Formic Acid Market Overview
9.3.2 Asia-Pacific Formic Acid Market Forecasts and Analysis
9.3.3 Asia-Pacific Formic Acid Market Forecasts and Analysis - By Grade
9.3.4 Asia-Pacific Formic Acid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Formic Acid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Formic Acid Market
9.3.5.1.1 Australia Formic Acid Market by Grade
9.3.5.1.2 Australia Formic Acid Market by Application
9.3.5.2 China Formic Acid Market
9.3.5.2.1 China Formic Acid Market by Grade
9.3.5.2.2 China Formic Acid Market by Application
9.3.5.3 India Formic Acid Market
9.3.5.3.1 India Formic Acid Market by Grade
9.3.5.3.2 India Formic Acid Market by Application
9.3.5.4 Japan Formic Acid Market
9.3.5.4.1 Japan Formic Acid Market by Grade
9.3.5.4.2 Japan Formic Acid Market by Application
9.3.5.5 South Korea Formic Acid Market
9.3.5.5.1 South Korea Formic Acid Market by Grade
9.3.5.5.2 South Korea Formic Acid Market by Application
9.3.5.6 Rest of Asia-Pacific Formic Acid Market
9.3.5.6.1 Rest of Asia-Pacific Formic Acid Market by Grade
9.3.5.6.2 Rest of Asia-Pacific Formic Acid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Formic Acid Market Overview
9.4.2 Middle East and Africa Formic Acid Market Forecasts and Analysis
9.4.3 Middle East and Africa Formic Acid Market Forecasts and Analysis - By Grade
9.4.4 Middle East and Africa Formic Acid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Formic Acid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Formic Acid Market
9.4.5.1.1 South Africa Formic Acid Market by Grade
9.4.5.1.2 South Africa Formic Acid Market by Application
9.4.5.2 Saudi Arabia Formic Acid Market
9.4.5.2.1 Saudi Arabia Formic Acid Market by Grade
9.4.5.2.2 Saudi Arabia Formic Acid Market by Application
9.4.5.3 U.A.E Formic Acid Market
9.4.5.3.1 U.A.E Formic Acid Market by Grade
9.4.5.3.2 U.A.E Formic Acid Market by Application
9.4.5.4 Rest of Middle East and Africa Formic Acid Market
9.4.5.4.1 Rest of Middle East and Africa Formic Acid Market by Grade
9.4.5.4.2 Rest of Middle East and Africa Formic Acid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Formic Acid Market Overview
9.5.2 South and Central America Formic Acid Market Forecasts and Analysis
9.5.3 South and Central America Formic Acid Market Forecasts and Analysis - By Grade
9.5.4 South and Central America Formic Acid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Formic Acid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Formic Acid Market
9.5.5.1.1 Brazil Formic Acid Market by Grade
9.5.5.1.2 Brazil Formic Acid Market by Application
9.5.5.2 Argentina Formic Acid Market
9.5.5.2.1 Argentina Formic Acid Market by Grade
9.5.5.2.2 Argentina Formic Acid Market by Application
9.5.5.3 Rest of South and Central America Formic Acid Market
9.5.5.3.1 Rest of South and Central America Formic Acid Market by Grade
9.5.5.3.2 Rest of South and Central America Formic Acid Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FORMIC ACID MARKET, KEY COMPANY PROFILES
11.1. ALFA AESAR (THERMO FISHER SCIENTIFIC)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ANHUI ASAHIKASEI CHEMICAL CO.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EASTMAN CHEMICAL COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FEICHENG ACID CHEMICALS CO.,
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HELM AG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LUMITOS AG
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LUXI CHEMICAL GROUP CO., LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. PERSTORP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. Alfa Aesar (Thermo Fisher Scientific)
2. Anhui Asahikasei Chemical Co.
3. BASF SE
4. Eastman Chemical Company
5. Feicheng Acid Chemicals Co.,
6. Gujarat Narmada Valley Fertilizers & Chemicals Limited
7. HELM AG
8. LUMITOS AG
9. Luxi Chemical Group Co., Ltd.
10. Perstorp
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