Product Code: GVR-4-68040-151-0
Calcium Formate Market Growth & Trends:
The global calcium formate market size is estimated to reach USD 1.25 billion by 2030 according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.5% from 2023 to 2030. Calcium formate, a calcium salt of formic acid, is gaining significant traction as a feed additive in the livestock industry. Its versatile properties, which help in improved digestibility, growth promotion, and disease prevention, have led to its increasing usage as a valuable supplement in animal nutrition.
One of the key advantages of calcium formate lies in its ability to improve the digestibility of animal feed. By optimizing the digestion process, it helps animals extract maximum nutrients from their diet, leading to enhanced nutrient absorption. This leads to better growth rates, improved feed efficiency, and ultimately, higher productivity.
The product has a positive impact on animal growth and performance is another driving factor behind its increasing usage as a feed additive. Studies have shown that when the product is included in the diet, it can stimulate the production of beneficial gut bacteria and improve gut health, leading to enhanced nutrient utilization. This, in turn, results in accelerated growth, improved weight gain, and overall better performance in animals.
The utilization of the product as a feed additive also offers environmental benefits such as its inclusion in animal diets has been found to reduce the environmental impact associated with livestock production. By improving nutrient absorption and reducing nutrient excretion, the product can contribute to minimizing the release of excess nutrients into the environment, thereby reducing the risk of water and soil pollution.
Calcium Formate Market Report Highlights:
- In terms of end-use, the leather & textile segment held the largest revenue share in 2022 and is expected to grow during the forecast period. The use of calcium formate in various construction applications, such as tile adhesives, cement-based mortars, and self-leveling compounds is attributed to its dominance
- Based on application, the feed additive segment was the largest segment in 2022 and is projected to grow at a CAGR of 3.8% by 2030. This segment serves as a source of calcium and formic acid, providing nutritional benefits to livestock
- The textile dyeing & finishing segment dominated the market in 2022 with the largest revenue share. This is attributable to its utility in various industries, including leather and textile in which the product acts as a masking agent in the leather tanning process that helps promote quicker and more efficient chromium diffusion in the leather
- With increasing environmental concerns, there is a growing emphasis on sustainable solutions in various industries. The product, with its eco-friendly properties and potential for reducing environmental impact, is gaining attention as a sustainable additive in construction, leather, and textile applications
- Several substitutes are available for the market such as calcium chloride, thiocyanates, chlorides, carbonates, and thiosulfates in cement and concrete industrial applications. These substitutes are particularly used in the construction industry and hamper the growth of the market
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.3.6 Primary Sources
- 1.4 Information Analysis
- 1.4.1 Data Analysis Models
- 1.5 Research Scope And Assumptions
Chapter 2 Calcium Formate Market: Market Variables, Trends & Scope
- 2.1 Market Lineage Outlook
- 2.1.1 Parent Market Outlook
- 2.2 Industry Value Chain Analysis
- 2.2.1 Manufacturing/Technology Trends
- 2.2.2 Sales Channel Analysis
- 2.3 Regulatory Framework (Standards And Compliances, Approvals, Policies)
- 2.4 Impact of Covid-19 Pandemic
- 2.5 Price Trend Analysis, 2018 - 2030
- 2.5.1.Factors influencing prices
- 2.6 Market Dynamics
- 2.6.1 Market Driver Analysis
- 2.6.2 Market Restraint Analysis
- 2.6.3 Industry Challenges
- 2.7 Business Environmental Analysis
- 2.7.1 Porter's Analysis
- 2.7.2 Macroenvironmental Analysis
Chapter 3 Calcium Formate Market: Grade Estimates & Trend Analysis
- 3.1 Grade Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Million)
- 3.2 Calcium Formate Market Size & Forecasts And Trend Analysis, By Grade, 2022-2030 (Kilotons) (USD Million)
- 3.2.1 Feed Grade
- 3.2.1.1 Feed Grade market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 3.2.2 Industrial Grade
- 3.2.2.1 Industrial Grade market estimates & forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 4 Calcium Formate Market: Application Estimates & Trend Analysis
- 4.1 Application Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Million)
- 4.2 Calcium Formate Market Size & Forecasts And Trend Analysis, By Application, 2022-2030 (Kilotons) (USD Million)
- 4.2.1 Feed Additive
- 4.2.1.1 Calcium Formate market estimates & forecasts, in Feed Additive 2018 - 2030 (Kilotons) (USD Million)
- 4.2.2 Concrete Additive
- 4.2.2.1.Calcium Formate market estimates & forecasts, in Concrete Additive 2018 - 2030 (Kilotons) (USD Million)
- 4.2.3 Textile Dyeing & Finishing
- 4.2.3.1 Calcium Formate market estimates & forecasts, in Textile Dyeing & Finishing 2018 - 2030 (Kilotons) (USD Million)
- 4.2.4 Other Application
- 4.2.4.1 Calcium Formate market estimates & forecasts, in Other Application 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 Calcium Formate Market: End-use Estimates & Trend Analysis
- 5.1 End-use Movement Analysis & Market Share, 2022 & 2030 (Kilotons) (USD Million)
- 5.2 Calcium Formate Market Size & Forecasts And Trend Analysis, By End-use, 2022-2030 (Kilotons) (USD Million)
- 5.2.1 Construction
- 5.2.1.1 Calcium Formate market estimates & forecasts, in Construction 2018 - 2030 (Kilotons) (USD Million)
- 5.2.2 Leather & Textile
- 5.2.2.1.Calcium Formate market estimates & forecasts, in Leather & Textile 2018 - 2030 (Kilotons) (USD Million)
- 5.2.3 Animal Husbandry
- 5.2.3.1 Calcium Formate market estimates & forecasts, in Animal Husbandry 2018 - 2030 (Kilotons) (USD Million)
- 5.2.4 Power Generation
- 5.2.4.1 Calcium Formate market estimates & forecasts, in Power Generation 2018 - 2030 (Kilotons) (USD Million)
- 5.2.5 Other End-use
- 5.2.5.1 Calcium Formate market estimates & forecasts, in Other End-use 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 Calcium Formate Market: Regional Estimates & Trend Analysis
- 6.1 Calcium Formate Market: Regional Outlook
- 6.2 North America
- 6.2.1 North America Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.2 U.S.
- 6.2.2.1 Key country dynamics
- 6 2.2.2 U.S. Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.3 Canada
- 6.2.3.1 Key country dynamics
- 6 2.3.2 Canada Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.4 Mexico
- 6.2.4.1 Key country dynamics
- 6 2.4.2 Mexico Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3 Europe
- 6.3 1 Europe Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.2 Germany
- 6.3.2.1 Key country dynamics
- 6.3.2.2 Germany Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.3 UK
- 6.3.3.1 Key country dynamics
- 6.3.3.2 UK Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.4 France
- 6 3.4.1 Key country dynamics
- 6.3.4.2 France Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.5 Italy
- 6 3.5.1 Key country dynamics
- 6.3.5.2 Italy Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.6 Spain
- 6 3.6.1 Key country dynamics
- 6.3.6.2 Spain Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3.7 Russia
- 6 3.7.1 Key country dynamics
- 6.3.7.2 Russia Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.2 China
- 6.4.2.1 Key country dynamics
- 6.4.2.2 China Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.3 Japan
- 6.4.3.1 Key country dynamics
- 6.4.3.2 Japan Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.4 South Korea
- 6.4.4.1 Key country dynamics
- 6.4.4.2 South Korea Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.5 India
- 6.4.5.1 Key country dynamics
- 6.4.5.2 India Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.6 Malaysia
- 6.4.6.1 Key country dynamics
- 6.4.6.2 Malaysia Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4.7 Australia
- 6.4.7.1 Key country dynamics
- 6.4.7.2 Australia Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5 Central & South America
- 6.5.1 Central & South America Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.2 Brazil
- 6.5.2.1 Key country dynamics
- 6.5.2.2 Brazil Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.5.3 Argentina
- 6.5.3.1 Key country dynamics
- 6.5.3.2 Argentina Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 Middle East & Africa Calcium Formate Market Estimates & Forecasts, 2018 - 2030(Kilotons) (USD Million)
- 6.6.2 Saudi Arabia
- 6.6.2.1 Key country dynamics
- 6.6.2.2 Saudi Arbia Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.3 UAE
- 6.6.3.1 Key country dynamics
- 6.6.3.2 UAE Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.6.4 South Africa
- 6.6.4.1 Key country dynamics
- 6.6.4.2 South Africa Calcium Formate Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 Competitive Landscape
- 7.1 Recent Development & Impact Analysis, By Key Market Participants
- 7.2 Company Categorization
- 7.3 Company Market Share Analysis, 2022
- 7.4 Company Heat Map Analysis
- 7.5 Strategy Mapping
- 7.6 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
- 7.7.1 LANXESS
- 7.7.2 Perstorp Holding AB
- 7.7.3 Chongqing Chuandong Chemical (Group) Co. Ltd.
- 7.7.4 Zibo ruibao chemical Co., LTD.
- 7.7.5 Henan Botai Chemical Building Material Co., Ltd.
- 7.7.6 Shandong Baoyuan Chemical Co. Ltd
- 7.7.7 Jiangxi Kosin Frontier Technology Co., Ltd.
- 7.7.8 SIDLEY CHEMICAL CO., LTD.
- 7.7.9 Zouping Fenlian Biotech Co., Ltd.
- 7.7.10 American Elements
- 7.7.11 Wujiang yingchuang chemical co., ltd.
- 7.7.12 Minerals Technologies Inc.
- 7.7.13 Cerne Calcium Company
- 7.7.14 The Lubrizol Corporations