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Formic Acid Industry Research Report 2024

February 2024 | 91 pages | ID: FF50704DC651EN
APO Research

US$ 2,950.00

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This report aims to provide a comprehensive presentation of the global market for Formic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Formic Acid.

The Formic Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Formic Acid market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Formic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • BASF
  • Eastman
  • Perstorp
  • Rashtriya Chemicals and Fertilizers
  • Gujarat Narmada Valley Fertilizers & Chemicals
  • LUXI
  • Feicheng Acid
  • Chongqing Chuandong Chemical
  • Shijiazhuang Taihe Chemical
Product Type Insights

Global markets are presented by Formic Acid type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Formic Acid are procured by the manufacturers.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).

Formic Acid segment by Type
  • Content 85%
  • Content 90%
  • Content 98%
  • Others
Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).

This report also outlines the market trends of each segment and consumer behaviors impacting the Formic Acid market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Formic Acid market.

Formic Acid segment by Application
  • Agriculture
  • Leather and Textile
  • Rubber
  • Chemical and Pharmaceuticals
  • Other
Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • China Taiwan
    • Indonesia
    • Thailand
    • Malaysia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Formic Acid market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Formic Acid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Formic Acid and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Formic Acid industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Formic Acid.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Formic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Formic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Formic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Formic Acid by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  1.2.2 Content 85%
  1.2.3 Content 90%
  1.2.4 Content 98%
  1.2.5 Others
2.3 Formic Acid by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Agriculture
  2.3.3 Leather and Textile
  2.3.4 Rubber
  2.3.5 Chemical and Pharmaceuticals
  2.3.6 Other
2.4 Global Market Growth Prospects
  2.4.1 Global Formic Acid Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global Formic Acid Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global Formic Acid Production Estimates and Forecasts (2019-2030)
  2.4.4 Global Formic Acid Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global Formic Acid Production by Manufacturers (2019-2024)
3.2 Global Formic Acid Production Value by Manufacturers (2019-2024)
3.3 Global Formic Acid Average Price by Manufacturers (2019-2024)
3.4 Global Formic Acid Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Formic Acid Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Formic Acid Manufacturers, Product Type & Application
3.7 Global Formic Acid Manufacturers, Date of Enter into This Industry
3.8 Global Formic Acid Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 BASF
  4.1.1 BASF Formic Acid Company Information
  4.1.2 BASF Formic Acid Business Overview
  4.1.3 BASF Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.1.4 BASF Product Portfolio
  4.1.5 BASF Recent Developments
4.2 Eastman
  4.2.1 Eastman Formic Acid Company Information
  4.2.2 Eastman Formic Acid Business Overview
  4.2.3 Eastman Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.2.4 Eastman Product Portfolio
  4.2.5 Eastman Recent Developments
4.3 Perstorp
  4.3.1 Perstorp Formic Acid Company Information
  4.3.2 Perstorp Formic Acid Business Overview
  4.3.3 Perstorp Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.3.4 Perstorp Product Portfolio
  4.3.5 Perstorp Recent Developments
4.4 Rashtriya Chemicals and Fertilizers
  4.4.1 Rashtriya Chemicals and Fertilizers Formic Acid Company Information
  4.4.2 Rashtriya Chemicals and Fertilizers Formic Acid Business Overview
  4.4.3 Rashtriya Chemicals and Fertilizers Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.4.4 Rashtriya Chemicals and Fertilizers Product Portfolio
  4.4.5 Rashtriya Chemicals and Fertilizers Recent Developments
4.5 Gujarat Narmada Valley Fertilizers & Chemicals
  4.5.1 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Company Information
  4.5.2 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Business Overview
  4.5.3 Gujarat Narmada Valley Fertilizers & Chemicals Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.5.4 Gujarat Narmada Valley Fertilizers & Chemicals Product Portfolio
  4.5.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments
4.6 LUXI
  4.6.1 LUXI Formic Acid Company Information
  4.6.2 LUXI Formic Acid Business Overview
  4.6.3 LUXI Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.6.4 LUXI Product Portfolio
  4.6.5 LUXI Recent Developments
4.7 Feicheng Acid
  4.7.1 Feicheng Acid Formic Acid Company Information
  4.7.2 Feicheng Acid Formic Acid Business Overview
  4.7.3 Feicheng Acid Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.7.4 Feicheng Acid Product Portfolio
  4.7.5 Feicheng Acid Recent Developments
4.8 Chongqing Chuandong Chemical
  4.8.1 Chongqing Chuandong Chemical Formic Acid Company Information
  4.8.2 Chongqing Chuandong Chemical Formic Acid Business Overview
  4.8.3 Chongqing Chuandong Chemical Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.8.4 Chongqing Chuandong Chemical Product Portfolio
  4.8.5 Chongqing Chuandong Chemical Recent Developments
4.9 Shijiazhuang Taihe Chemical
  4.9.1 Shijiazhuang Taihe Chemical Formic Acid Company Information
  4.9.2 Shijiazhuang Taihe Chemical Formic Acid Business Overview
  4.9.3 Shijiazhuang Taihe Chemical Formic Acid Production Capacity, Value and Gross Margin (2019-2024)
  4.9.4 Shijiazhuang Taihe Chemical Product Portfolio
  4.9.5 Shijiazhuang Taihe Chemical Recent Developments

5 GLOBAL FORMIC ACID PRODUCTION BY REGION

5.1 Global Formic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Formic Acid Production by Region: 2019-2030
  5.2.1 Global Formic Acid Production by Region: 2019-2024
  5.2.2 Global Formic Acid Production Forecast by Region (2025-2030)
5.3 Global Formic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Formic Acid Production Value by Region: 2019-2030
  5.4.1 Global Formic Acid Production Value by Region: 2019-2024
  5.4.2 Global Formic Acid Production Value Forecast by Region (2025-2030)
5.5 Global Formic Acid Market Price Analysis by Region (2019-2024)
5.6 Global Formic Acid Production and Value, YOY Growth
  5.6.1 North America Formic Acid Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe Formic Acid Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China Formic Acid Production Value Estimates and Forecasts (2019-2030)
  5.6.4 India Formic Acid Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL FORMIC ACID CONSUMPTION BY REGION

6.1 Global Formic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Formic Acid Consumption by Region (2019-2030)
  6.2.1 Global Formic Acid Consumption by Region: 2019-2030
  6.2.2 Global Formic Acid Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America Formic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America Formic Acid Consumption by Country (2019-2030)
  6.3.3 U.S.
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe Formic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe Formic Acid Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific Formic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific Formic Acid Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa Formic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa Formic Acid Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global Formic Acid Production by Type (2019-2030)
  7.1.1 Global Formic Acid Production by Type (2019-2030) & (K MT)
  7.1.2 Global Formic Acid Production Market Share by Type (2019-2030)
7.2 Global Formic Acid Production Value by Type (2019-2030)
  7.2.1 Global Formic Acid Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global Formic Acid Production Value Market Share by Type (2019-2030)
7.3 Global Formic Acid Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global Formic Acid Production by Application (2019-2030)
  8.1.1 Global Formic Acid Production by Application (2019-2030) & (K MT)
  8.1.2 Global Formic Acid Production by Application (2019-2030) & (K MT)
8.2 Global Formic Acid Production Value by Application (2019-2030)
  8.2.1 Global Formic Acid Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global Formic Acid Production Value Market Share by Application (2019-2030)
8.3 Global Formic Acid Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

9.1 Formic Acid Value Chain Analysis
  9.1.1 Formic Acid Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Formic Acid Production Mode & Process
9.2 Formic Acid Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Formic Acid Distributors
  9.2.3 Formic Acid Customers

10 GLOBAL FORMIC ACID ANALYZING MARKET DYNAMICS

10.1 Formic Acid Industry Trends
10.2 Formic Acid Industry Drivers
10.3 Formic Acid Industry Opportunities and Challenges
10.4 Formic Acid Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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