DUBLIN--(BUSINESS WIRE)--The "Global Calcium Formate Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global calcium formate market was valued at US$ 349.09 million in 2016, and is expected to each US$ 557.88 million by 2025, expanding at a CAGR of 5.8% from 2017 to 2025.
Calcium formate market is majorly driven by cement and all kinds of concrete industry, due to its unique property to increase the cement hardening speed. The global market for calcium foramte is expected to witness the significant growth throughout the forecast period with its increasing demand from end-use industries.
Asia Pacific is the largest as well as fastest growing market for calcium formate in forecast period, due to the presence of huge leather and construction industry. Subsequently, the demand for calcium formate here is projected to remain strong throughout the forecast period. Asia Pacific is also the largest producer of calcium formate, thereby supporting the market growth.
The European Union had banned antibiotic growth promoters in 2006, triggering the demand for calcium formate. As a result, consumption of calcium formate in silage salvation and animal feeds has risen significantly in Europe. Large markets of leather and tanning is from Central and South America, Africa, the Middle East, India, and Europe (Italy, Spain, and France).
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Calcium Formate Market Dynamics
Chapter 4. Global Calcium Formate Market, by Application, 2015-2025 (Kilo Tons) (US$ Mn)
Chapter 5. Global Calcium Formate Market, by Geography, 2015-2025 (Kilo Tons) (US$ Mn)
Chapter 6. Company Profiles
- Chongqing Chuandong Chemical (Group) Co. Ltd.
- Feicheng Acid Chemical Co. Ltd.
- GEO Specialty Chemicals
- Hangzhou Focus Chemical Co. Ltd.
- Hubei Hengxin Chemical Co. Ltd.
- Jiangsu Ruiyang Chemical Co. Ltd.
- LANXESS AG
- Perstorp Holding AB
- PuYang YongAn Chemical Co. Ltd. (YACC)
- Shandong Baoyuan Chemical Co. Ltd.
- Shandong Xinruida Chemical Industry Co. Ltd.
- ZIBO RUIBAO CHEMICAL CO. Ltd.
- Zouping Fenlian Chemical Co. Ltd.
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