Global Formic Acid Market Report By Formic Acid (Production Method Oxalic Acid, Carbonylation of Methanol, Removal of Methanol, Methyl Formate by High pressure Distillation), By Application (Rubber and Leather Production, Cleaning Agent, Finishing Textile, Preservatives, Dyeing, Animal Feed, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11213611
April 2021
Report Formats:
The global demand for Formic Acid Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.Whereas with regards to volume, the market was calculated XX Kilo Tons in 2019 and foreseen to touch XX Kilo Tons by 2026 with a CAGR of XX% during 2020-2026.

Formic acid is a colorless chemical with a pungent odor. It is the simplest carboxylic acid, an essential intermediate in chemical synthesis, and occurs naturally, most notably in some ants. It is majorly used as a preservative and antibacterial agent in livestock feed. The rest part of the formic acid produced is employed in the production of leather and as a catalyst in the fermentation process. It has some niche uses in the pharmaceutical and automotive industries.
 
Market Dynamics
 
The global formic acid market is foreseen to grow at a moderate rate during the forecast period. The demand for formic acid is increasing owing to the growing demand from end-use industries.  Animal feed applications majorly drive the global market. Flourishing leather industry, rising production of fermented products, growing production of natural rubber, pharmaceuticals, dyes, and perfume industries are other factors that will significantly contribute to the growing market. Due to formic acid’s potential, companies and other chemical producers are plunging deeper into research. Key companies are expanding their production capacity to combat growing demand.
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of formic acid .
 
Market Segmentation
 
The entire formic acid  market is segmented and each segment is analyzed exclusively. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Production Method
  • Oxalic Acid
  • Carbonylation of Methanol
  • Removal of Methanol
  • Methyl Formate by High pressure Distillation
 
By Application
  • Rubber and Leather Production
  • Cleaning Agent
  • Finishing Textile
  • Preservatives
  • Dyeing
  • Animal Feed
  • Others

Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for formic acid  market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Global Formic Acid Market Share by Region (Representative Graph)

Global Formic Acid Market Share
 
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the formic acid  market include BASF , LUXI , Eastan , Rashtriya Chemicals and Fertilizers , Tianyuan Group , Gujarat Narmada Valley Fertilizers & Chemicals , Feicheng Acid , Perstorp , Wuhan Ruisunny Chemical , Shandong Rongyue Chemical S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
 
METHODOLOGY:
 
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources,  Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
 
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Formic Acid Market
       2.2. Global Formic Acid Market Snapshot
 
3 . FORMIC ACID – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Formic Acid Market
       3.3. Market Restraints of Formic Acid Market
       3.4. Opportunities of Formic Acid Market
       3.5. Trends of Formic Acid Market
       3.6. Porter’s Five Force Analysis of Formic Acid Market
       3.7. Formic Acid Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Production Method
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Formic Acid Value Chain Analysis
       4.2. Formic Acid Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Formic Acid Raw Material Manufactures List
           4.2.3. Price Trend of Formic Acid Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak on Formic Acid Market
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Formic Acid Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Formic Acid Market Size in 2020, by Scenario
       5.5. COVID-19: Micro and Macro Factor Analysis on Formic Acid Market
 
6 . GLOBAL FORMIC ACID MARKET ANALYSIS BY PRODUCTION METHOD
       6.1 Overview by Production Method
       6.2 Historical Data 2015-2018
       6.3 Global Formic Acid Market Analysis by Production Method
       6.4 Market Analysis of Oxalic Acid by Regions
       6.6 Market Analysis of Carbonylation of Methanol by Regions
       6.5 Market Analysis of Removal of Methanol by Regions
       6.7 Market Analysis of Methyl Formate by High pressure Distillation by Regions
 
7 . GLOBAL FORMIC ACID MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical Data 2015-2018
       7.3 Global Formic Acid Market Analysis by Application
       7.4 Market Analysis of Rubber and Leather Production by Regions
       7.5 Market Analysis of Cleaning Agent by Regions
       7.6 Market Analysis of Finishing Textile by Regions
       7.7 Market Analysis of Preservatives by Regions
       7.8 Market Analysis of Dyeing by Regions
       7.9 Market Analysis of Animal Feed by Regions
       7.10. Market Analysis of Others by Regions
 
8 . GLOBAL FORMIC ACID MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview and Historic Data
           8.3.2. North America Formic Acid Market Estimate By Market Segment
           8.3.3. North America Formic Acid Market Estimate By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview and Historic Data
           8.4.2. Europe Formic Acid Market Estimate by Market Segment
           8.4.3. Europe Formic Acid Market Estimate by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview and Historic Data
           8.5.2. Asia Pacific Formic Acid Market Estimate by Market Segment
           8.5.3. Asia Pacific Formic Acid Market Estimate by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview and Historic Data
           8.6.2. Latin America Formic Acid Market Estimate by Market Segment
           8.6.3. Latin America Formic Acid Market Estimate by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview and Historic Data
           8.7.2. Middle East & Africa Formic Acid Market Estimate by Market Segment
           8.7.3. Middle East & Africa Formic Acid Market Estimate by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE FORMIC ACID COMPANIES
       9.1. Formic Acid Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF FORMIC ACID INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. BASF
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. LUXI
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Eastan
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Rashtriya Chemicals and Fertilizers
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Tianyuan Group
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Gujarat Narmada Valley Fertilizers & Chemicals
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. Feicheng Acid
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Perstorp
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. Wuhan Ruisunny Chemical
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. Shandong Rongyue Chemical
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Formic Acid Market Snapshot
  • Drivers of The Global Formic Acid Market Impact Analysis
  • Restraints of The Global Formic Acid Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Formic Acid Market: Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Formic Acid Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on Formic Acid Market
  • Global Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Historic Data 2015-2018
  • Global Formic Acid Market Analysis in Oxalic Acid by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Carbonylation of Methanol by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Removal of Methanol by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Methyl Formate by High pressure Distillation by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis by Application (Kilo Tons & USD MN)
  • Historic Data 2015-2018
  • Global Formic Acid Market Analysis in Rubber and Leather Production by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Cleaning Agent by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Finishing Textile by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Preservatives by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Dyeing by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Animal Feed by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market Analysis in Others by Geography (Kilo Tons & USD MN)
  • Global Formic Acid Market by Geography (Kilo Tons & USD MN)
  • Historic Data 2015-2018
  • North America Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • North America Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • North America Formic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • United State Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • United State Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Canada Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Canada Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Mexico Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Mexico Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Europe Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Europe Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Europe Formic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • United Kingdom Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • United Kingdom Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • France Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • France Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Germany Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Germany Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Italy Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Italy Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Russia Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Russia Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Spain Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Spain Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Rest of Europe Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Rest of Europe Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Asia Pacific Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Asia Pacific Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Asia Pacific Formic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • China Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • China Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Japan Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Japan Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • India Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • India Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • South Korea Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • South Korea Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Australia Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Australia Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Rest of Asia Pacific Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Rest of Asia Pacific Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Latin America Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Latin America Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Latin America Formic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • Brazil Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Brazil Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Argentina Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Argentina Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Peru Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Peru Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Chile Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Chile Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Rest of Latin America Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Rest of Latin America Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Middle East & Africa Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Middle East & Africa Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Middle East & Africa Formic Acid Market Estimate by Country (Kilo Tons & USD MN)
  • Saudi Arabia Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Saudi Arabia Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • UAE Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • UAE Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Israel Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Israel Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • South Africa Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • South Africa Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Rest of Middle East and Africa Formic Acid Market Analysis by Production Method (Kilo Tons & USD MN)
  • Rest of Middle East and Africa Formic Acid Market Estimate by Application (Kilo Tons & USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
 
LIST OF FIGURES
 
  • Research Scope of Formic Acid Report
  • Market Research Process
  • Market Research Methodology
  • Global Formic Acid Market Size, by Region (2019)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Production Method
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Formic Acid Market Analysis by Production Method
  • Global Formic Acid Market Analysis in Oxalic Acid by Region
  • Global Formic Acid Market Analysis in Carbonylation of Methanol by Region
  • Global Formic Acid Market Analysis in Removal of Methanol by Region
  • Global Formic Acid Market Analysis in Methyl Formate by High pressure Distillation by Region
  • Global Formic Acid Market Analysis by Application
  • Global Formic Acid Market Analysis in Rubber and Leather Production by Region
  • Global Formic Acid Market Analysis in Cleaning Agent by Region
  • Global Formic Acid Market Analysis in Finishing Textile by Region
  • Global Formic Acid Market Analysis in Preservatives by Region
  • Global Formic Acid Market Analysis in Dyeing by Region
  • Global Formic Acid Market Analysis in Animal Feed by Region
  • Global Formic Acid Market Analysis in Others by Region
  • Global Formic Acid Market by Volume And Revenue
  • North America Formic Acid Market by Volume And Revenue
  • Europe Formic Acid Market by Volume And Revenue
  • Asia Pacific Formic Acid Market by Volume And Revenue
  • Latin America Formic Acid Market by Volume And Revenue
  • Middle East & Africa Formic Acid Market by Volume And Revenue
  • Recent Development in Formic Acid Industry
  • Company Market Share Analysis, 2019
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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