Formic Acid market

Formic Acid(CAS 64-18-6) Market, Global Outlook and Forecast 2022-2028

  • 06 June 2022
  • Chemicals and Materials
  • 115 Pages
  • Report code : PMR-7137172

  • 4.7 (158)

Formic Acid Market

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Formic Acid Market contains market size and forecasts of Formic Acid(CAS 64-18-6) in global, including the following market information:

Global Formic Acid(CAS 64-18-6) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Formic Acid(CAS 64-18-6) Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Formic Acid(CAS 64-18-6) companies in 2021 (%)

The global Formic Acid(CAS 64-18-6) market was valued at 251.1 million in 2021 and is projected to reach US$ 335.3 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Formic Acid 85%Min Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Formic Acid(CAS 64-18-6) include BASF, Feicheng Acid Chemicals, Luxi Chemcial Group, Eastman, BASF-YPC Company, ICIS, Tianyuan Group, Perstorp and Wuhan Ruisunny Chemical, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Formic Acid(CAS 64-18-6) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Formic Acid(CAS 64-18-6) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Formic Acid(CAS 64-18-6) Market Segment Percentages, by Type, 2021 (%)
  • Formic Acid 85%Min
  • Formic Acid 90%Min
  • Others
Global Formic Acid(CAS 64-18-6) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Formic Acid(CAS 64-18-6) Market Segment Percentages, by Application, 2021 (%)
  • Agriculture
  • Leathers & Textiles
  • Rubbers
  • Chemical & Pharmaceuticals
  • Others
Global Formic Acid(CAS 64-18-6) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Formic Acid(CAS 64-18-6) Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Formic Acid(CAS 64-18-6) revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Formic Acid(CAS 64-18-6) revenues share in global market, 2021 (%)
  • Key companies Formic Acid(CAS 64-18-6) sales in global market, 2017-2022 (Estimated), (MT)
  • Key companies Formic Acid(CAS 64-18-6) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • BASF
  • Feicheng Acid Chemicals
  • Luxi Chemcial Group
  • Eastman
  • BASF-YPC Company
  • ICIS
  • Tianyuan Group
  • Perstorp
  • Wuhan Ruisunny Chemical
  • Gujarat Narmada Valley Fertilizers & Chemicals
  • Rashtriya Chemicals and Fertilizers
  • Shandong Rongyue Chemical
  • Chongqing Chuandong Chemical
  • Huaqiang Chemical
  • Shanxi Yuanping Chemicals
  • Shandong Baoyuan Chemical
  • Kamdhenu Chemicals

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