Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
Related Topics
Oxalic Acid Market Size Activated Bleaching Earth Market Size Propionic Acid Market Size Caustic Soda Market SizeGlobal Calcium Formate Market Size to Exceed USD 1.47 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Calcium Formate Market Size Expected to Grow from USD 0.83 Billion in 2023 to USD 1.47 Billion by 2033, at a CAGR of 5.88% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Calcium Formate Market Size, Share, and COVID-19 Impact Analysis, By Grade (Industrial Grade and Feed Grade), By Application (Feed Additive and Concrete Additive), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The calcium formate market is the global industry that produces, distributes, and applies calcium formate, an organic calcium salt, which is widely used as an additive in construction, animal feed, leather tanning, and industrial processes. Moreover, the market for calcium formate is primarily driven by increasing construction activities, wherein it is used as a cement additive to speed up curing and enhance durability. Demand in the animal feed industry for its preservative and growth-promoting properties also contributes to market growth. Expanding leather and textile industries, where calcium formate is used in tanning and pH regulation, further add to the growth. In addition, increasing industrial applications in de-icing, oil drilling, and chemical synthesis, coupled with technological advancement, support the global expansion of the market. However, fluctuating raw material prices, environmental concerns over chemical production, availability of substitutes, and regulatory restrictions on its use in certain industries, all have resulted in restraint in the growth of the overall market for calcium formate.
The industrial grade segment accounted for the largest share of the global calcium formate market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of grade, the global calcium formate market is divided into industrial grade and feed grade. Among these, the industrial grade segment accounted for the largest share of the global calcium formate market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. It is extensively used in the cement manufacturing industry, as an additive, as well as applied in leather tanning, textiles, and drilling oils. High demand to accelerate curing cement and improve the material's strength is the reason for its dominance in the market.
The concrete additive segment accounted for a substantial share of the global calcium formate market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of application, the global calcium formate market is divided into feed additive and concrete additive. Among these, the concrete additive segment accounted for a substantial share of the global Calcium Formate market in 2023 and is anticipated to grow at a rapid pace during the projected period. It has been used by the construction industry as a setting accelerator and strength enhancer widely. The increasing demand for durable and fast-curing cement in infrastructure projects, commercial buildings, and construction work gives it a robust position in the market.
Asia Pacific is projected to hold the largest share of the global calcium formate market over the projected period.
Asia Pacific is projected to hold the largest share of the global calcium formate market over the projected period. This is due to rapid urbanization, booming construction activities, and growing infrastructure projects in countries such as China and India. In addition, an increasing livestock industry, rising demand for animal feed additives, and a strong presence of manufacturing industries further enhance the growth of this market in this region.
Europe is expected to grow at the fastest CAGR growth of the global calcium formate market during the projected period. High demand in the construction industry, strict regulations on animal feed quality, and a well-established leather and textile sector. Furthermore, the focus of the region on sustainable building materials and advanced manufacturing technologies is supporting steady market growth across various industrial applications.
Company Profiling
Major vendors in the global calcium formate market are LANXESS, Perstorp Holding AB, Chongqing Chuandong Chemical (Group) Co. Ltd., Zibo Ruibao Chemical Co., LTD., Henan Botai Chemical Building Material Co., Ltd., Shandong Baoyuan Chemical Co. Ltd., Jiangxi Kosin Frontier Technology Co., Ltd., SIDLEY CHEMICAL CO., LTD., Zouping Fenlian Biotech Co., Ltd., American Elements, Wujiang Yingchuang Chemical Co., Ltd., Minerals Technologies Inc., Cerne Calcium Company., and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global calcium formate market based on the below-mentioned segments:
Global Calcium Formate Market, By Grade
Global Calcium Formate Market, By Application
Global Calcium Formate Market, By Regional
Apr 2025 - The Global Data Center Blade Server Market is Expected to Grow from USD 18.86 Billion in 2023 to USD 47.26 Billion by 2033, at a CAGR of 9.62% during the forecast period 2023-2033.
Apr 2025 - The Global Sea Salt Market Size Expected to Grow from USD 19.12 Billion in 2023 to USD 27.12 Billion by 2033, at a CAGR of 3.56% during the forecast period 2023-2033.
Apr 2025 - The Global Oxalic Acid Market Size Expected to Grow from USD 605.4 Million in 2023 to USD 985.8 Million by 2033, at a CAGR of 5.00% during the forecast period 2023-2033.
We have received your message and would like to thank you for writing to us. If your inquiry is urgent, please use the telephone number listed below to talk to one of our staff members. Otherwise, we will reply by email as soon as possible.
+1 303 800 4326 +91 9561448932 emailsales@sphericalinsights.com
