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市场调查报告书
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1190950

全球甲酸市场 - 增长、趋势、COVID-19 影响和预测 (2023-2028)

Formic Acid Market - Growth, Trends, and Forecasts (2023 - 2028)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3个工作天内

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简介目录

到今年年底,全球甲酸市场预计将达到 1,092.35 千吨,预测期内的复合年增长率将超过 3.5%。

由于 COVID-19 大流行,隔离限制和工人减少导致各种化学和其他行业的生产减少,从而减少了该行业的原材料供应。 然而,预计市场将在预测期内復苏。

主要亮点

  • 从中期来看,对动物饲料和青贮添加剂的需求不断增加将推动甲酸市场的增长。
  • 其他具有成本效益的替代品的出现和高级甲酸的高毒性水平是预计在预测期内限制目标行业增长的主要因素。
  • 甲酸在燃料电池中的可持续使用可能为甲酸市场带来机遇。
  • 亚太地区在市场中占据主导地位,预计在预测期内将保持最高的复合年增长率。

主要市场趋势

动物饲料和青贮饲料添加剂主导市场

  • 动物饲料和青贮饲料添加剂製造商使用甲酸作为固体或液体形式的添加剂,甲酸被认为对动物健康是安全的。 随着动物数量的增加,动物食品安全已成为维护的重要问题。
  • 甲酸通过酸化作用抑制饲料中的有害细菌,提高饲料转化率并支持饲料消化。 甲酸是第二重要的抑制细菌生长的有机酸。 它能抑制致病菌的生长,是生产优质青贮饲料的重要因素,已被证明能有效抑制青贮微生物的生长。
  • 此外,甲酸在饲料防腐方面的特性更为独特,因此这一时期市场对甲酸的需求增加。
  • 甲酸和糖蜜的组合是保存基于种子的南瓜叶 (SUPL) 青贮饲料的一种有前途的策略,并为其他蔬菜废弃物的清洁利用提供了参考。
  • 亚洲和欧洲国家在很大程度上已不再使用抗生素,而是广泛涉足饲料酸化剂。 此外,这些地区的中国、印度、泰国和德国等新兴经济体对肉类、牛奶和鸡蛋的需求不断增加,推动了农场对甲酸的需求。
  • 根据联合国粮食及农业组织 (FAO) 的数据,到 2050 年,全世界 60% 以上的粮食都必须自己生产。 到 2050 年,肉类(鸡肉、猪肉、牛肉)产量将增加一倍,而奶製品和鱼类产量将增加近两倍,饲料消费量的增加将推动市场研究——动物蛋白产量将进一步增加。
  • 这些因素预计将在预测期内推动全球市场对甲酸的需求。

亚太地区主导市场

  • 全球市场份额由亚太地区主导。 由于中国和印度等国家对肉类和家禽的需求以及纺织行业的需求,该地区预计在预测期内将继续主导市场。
  • 根据美国农业部的数据,2023 年中国的鸡肉产量预计将稳定在 1430 万吨 (MMT)。 预计到 2023 年,对负担得起的家禽产品的需求将会增加。 随着消费者转向更多样化的蛋白质饮食,对白肉鸡产品的需求将增加,从而推动产量增加。
  • 今年1-3月中国猪肉产量同比增长14%至1561万吨,2021年二季度末产量为4564万头。
  • 中国是世界上最大的纺织品和服装生产国和出口国。 中国产能巨大,纺织服装产品处于供过于求的状态。 然而,劳动力成本上升和全球保护主义抬头正在削弱其竞争力。 近年来,该国的劳动力成本大幅上升,与许多亚洲国家竞争。
  • 印度是世界上最大的牛奶和水牛生产国。 饲养的山羊数量也名列前茅。 由于人均收入的显着提高和人们健康意识的提高,对肉类、牛奶和纤维的需求一直在逐渐增加,预计未来还会进一步增加。 畜牧业形势是推动印度动物饲料需求的因素之一。
  • 此外,据 Invest India 估计,到 2025 年,动物饲料市场将达到 60 亿美元。 另一方面,配合饲料的市场潜力为400-6.5亿美元,到2025年年增长率为16%。 主要的增长因素是有机饲料市场的低渗透率和正宗产品的增加。
  • 因此,这种动物饲料行业趋势预计将推动对甲酸的需求,尤其是对动物饲料和青贮饲料添加剂的需求。
  • 预计所有上述因素都会影响预测期内同一地区对甲酸的需求。

竞争格局

全球甲酸市场具有综合性。 市场上的主要参与者(排名不分先后)是巴斯夫欧洲公司、山东酸化科技、鲁西集团、伊士曼化工公司、柏斯託等。

其他好处

  • Excel 格式的市场预测 (ME) 表
  • 三个月的分析师支持

内容

第一章介绍

  • 调查先决条件
  • 调查范围

第二章研究方法论

第 3 章执行摘要

第四章市场动态

  • 司机
    • 扩大对饲料添加剂和青贮饲料添加剂的需求
    • 其他司机
  • 约束因素
    • 其他抑製剂
  • 工业价值链分析
  • 产业吸引力 - 波特五力分析
    • 供应商的议价能力
    • 买家的议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争程度
  • 价格分析

第 5 章市场细分(市场规模:基于数量)

  • 用法
    • 饲料添加剂、青贮饲料添加剂
    • 皮革鞣製
    • 纺织染整
    • 医药中间体
    • 其他用途
  • 按地区
    • 亚太地区
      • 中国
      • 印度
      • 日本
      • 韩国
      • 其他亚太地区
    • 北美
      • 美国
      • 加拿大
      • 墨西哥
    • 欧洲
      • 德国
      • 英国
      • 意大利
      • 法国
      • 其他欧洲
    • 南美洲
      • 巴西
      • 阿根廷
      • 其他南美洲
    • 中东和非洲
      • 沙特阿拉伯
      • 南非
      • 其他中东和非洲地区

第六章竞争格局

  • 併购、合资企业、合作、合同
  • 市场份额 (%) 分析
  • 主要参与者采用的策略
  • 公司简介
    • BASF SE
    • Eastman Chemical Company
    • Shandong Acid Technology Co. Ltd□
    • Gujarat Narmada Valley Fertilizers & Chemicals Limited
    • LUXI GROUP
    • Perstorp Holdings AB
    • POLIOLI SpA
    • PT PUPUK KUJANG
    • Rashtriya Chemicals and Fertilizers Limited
    • Wuhan Ruisunny Chemical Co. Ltd

第七章市场机会与未来趋势

  • 甲酸在燃料电池中的可持续利用
简介目录
Product Code: 50869

The formic acid market is expected to reach 1,092.35 kilotons by the end of this year and register a CAGR of over 3.5% during the forecast period.

Due to the COVID-19 pandemic-induced lockdown regulations and fewer workers, production in various chemical and other industries has reduced, resulting in a reduced supply of raw materials to industries. However, the market is expected to get better during the forecast period.

Key Highlights

  • Over the medium term, the growing demand for animal feed and silage additives is driving the growth of the formic acid market​.
  • The emergence of other cost-effective substitutes and high toxic levels of higher-grade formic acid are the key factors anticipated to restrain the growth of the target industry over the forecast period.
  • The sustainable use of formic acid in a fuel cell will likely act as an opportunity for the formic acid market.
  • The Asia-Pacific region is expected to dominate the market and is estimated to witness the highest CAGR during the forecast period.

Key Market Trends

Animal Feed and Silage Additives to Dominate the Market

  • Animal feed and silage additive manufacturers use formic acid as an additive in solid or liquid form, which is also considered safe for animal health. With the growing population of animals, food security for them is an important issue that should be maintained.
  • Formic acid inhibits harmful bacteria in the feed through acidification and supports feed digestion with better feed conversion. Formic acid is the second more vital organic acid, inhibiting bacterial growth. It is an essential element for high-quality forage silage production to impede the proliferation of pathogens and has been found effective for the growth inhibition of silage microorganisms.
  • Additionally, the property of formic acid to preserve feed mixes makes it more unique, hence upsurging the demand for formic acid in the market over the period.
  • The combined usage of formic acid and molasses could serve as a promising strategy for preserving seed-used pumpkin leaves (SUPLs) silage providing a reference for the clean utilization of other vegetable wastes.
  • Countries of Asia and Europe are majorly shifting from applying antibiotics and broadly engaging themselves in feed acidulants. Moreover, emerging economies such as China, India, Thailand, and Germany in these regions are escalating the demand for meat, milk, and egg, propelling the demand for formic acid in the farms.
  • According to the United Nations Food and Agricultural Organization (FAO), the world will have to produce 60% more food by 2050. It is believed that animal protein production will grow even more - meats (poultry/swine/beef) will double, and dairy and fish production will almost triple by 2050, increasing the feed consumption which drives the market studied​.
  • These factors above are expected to boost the demand for formic acid in the global market over the forecast period.

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region dominated the global market share. The region is expected to continue dominating the market during the forecast period, owing to the demand for meat and poultry coupled with the demand from the textile sector in countries such as China and India.
  • According to United States Department of Agriculture, China's chicken production is expected to remain steady at 14.3 million metric tons (MMT) in 2023. Demand for affordable chicken products is expected to grow in 2023. Consumers' shift towards a more diverse protein diet will drive demand for white broiler products and drive increases in production.
  • China produced 15.61 million tonnes of pork in the first three months of the year, up 14% from a year earlier, and produced 45.64 million head by the end of Q2 2021.
  • China is the largest producer and exporter of textiles and clothing in the world. With enormous production capacity, China has an oversupply of textiles and clothing products. However, the increasing labor costs and rising global protectionism weakened its competitiveness. The labor costs in the country increased significantly in recent years and crossed many other countries in Asia.
  • India is the world's largest producer of milk and buffalo meat. The country ranks on top in goat population. The demand for meat, milk and fiber is increasing progressively and expected to further rise in future in view of sizable increase in per capita income and health consciousness of people. Such livestock farming scenario stands to be one of the factors driving animal feed demand in the country.
  • Moreover, Invest India estimates that by 2025, the animal feed market might be worth USD 6 billion. Compound cattle feed, on the other hand, has a market potential of USD 400-650 million dollars, with a 16% annual growth rate by 2025, with main growth drivers including low organic feed market penetration, growing formal offtake, and others.
  • Hence, such trends in the animal feed industry are projected to drive the demand for formic acid, notably for animal feed and silage additives.
  • All the aforementioned factors, in turn, are expected to affect the demand for formic acid in the region during the forecast period.

Competitive Landscape

The global formic acid market is consolidated in nature. The major players in the market (in no particular order) are BASF SE, Shandong Acid Technology Co. Ltd., LUXI Group, Eastman Chemical Company, and Perstorp, among others.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Growing Demand for Animal Feed and Silage Additives
    • 4.1.2 Other Drivers
  • 4.2 Restraints
    • 4.2.1 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition
  • 4.5 Price Analysis

5 MARKET SEGMENTATION(Market Size in Volume)

  • 5.1 Application
    • 5.1.1 Animal Feed and Silage Additives
    • 5.1.2 Leather Tanning
    • 5.1.3 Textile Dying and Finishing
    • 5.1.4 Intermediary in Pharmaceuticals
    • 5.1.5 Other Applications
  • 5.2 Geography
    • 5.2.1 Asia-Pacific
      • 5.2.1.1 China
      • 5.2.1.2 India
      • 5.2.1.3 Japan
      • 5.2.1.4 South Korea
      • 5.2.1.5 Rest of Asia-Pacific
    • 5.2.2 North America
      • 5.2.2.1 United States
      • 5.2.2.2 Canada
      • 5.2.2.3 Mexico
    • 5.2.3 Europe
      • 5.2.3.1 Germany
      • 5.2.3.2 United Kingdom
      • 5.2.3.3 Italy
      • 5.2.3.4 France
      • 5.2.3.5 Rest of Europe
    • 5.2.4 South America
      • 5.2.4.1 Brazil
      • 5.2.4.2 Argentina
      • 5.2.4.3 Rest of South America
    • 5.2.5 Middle-East and Africa
      • 5.2.5.1 Saudi Arabia
      • 5.2.5.2 South Africa
      • 5.2.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 BASF SE
    • 6.4.2 Eastman Chemical Company
    • 6.4.3 Shandong Acid Technology Co. Ltd​
    • 6.4.4 Gujarat Narmada Valley Fertilizers & Chemicals Limited
    • 6.4.5 LUXI GROUP
    • 6.4.6 Perstorp Holdings AB
    • 6.4.7 POLIOLI SpA
    • 6.4.8 PT PUPUnited Kingdom KUJANG
    • 6.4.9 Rashtriya Chemicals and Fertilizers Limited
    • 6.4.10 Wuhan Ruisunny Chemical Co. Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Sustainable Use of Formic Acid in Fuel Cell