Calcium Formate Market Size And Forecast
The Global Calcium Formate Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Calcium Formate Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Calcium Formate Market was valued at USD 406 Million in 2019 and is projected to reach USD 626.5 Million by 2027, growing at a CAGR of 5.6% from 2020 to 2027.

What is Calcium Formate?
The calcium salt of the formic acid is called calcium formate. Calcium formate is also known as E238. At constant room temperature, calcium formate is stable and inflammable and then it forms orthorhombic crystals. Formicaite is the mineral form of the calcium formate. It finds its purpose in leather tanning and for the silage treatment as well as a cement additive, de-icing agent and it has other uses as well. Its molecular weight is 130.11 g/mol.


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Global Calcium Formate Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

With the fast-growing construction industry, calcium formate has been replacing calcium chloride as a preventive measure for corrosion in steel reinforcement and enhancing the strength of cement mortar. This factor is driving the major demand for Calcium formate and fuelling the growth of the market. Furthermore, recent technological advancements in the manufacturing, processing is contributing to the growth of the market. Moreover, governments across the globe are taking measures to boost antibiotics to ensure animal welfare safety, thereby driving the demand for calcium formate as a preservative to lower pH level and to improve the gut health in animals. However, the concern of price volatility of raw materials may hinder the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Calcium Formate Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Calcium Formate Market Competitive Landscape
The “Global Calcium Formate Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as LANXESS AG, Shandong Baoyuan Chemical Co., ZIBO RUIBAO CHEMICAL CO., Ltd, Perstorp Holding AB, LTD., GEO Specialty Chemicals, Chongqing Chuandong Chemical Co. Ltd.,Jiangsu Ruiyang Chemical Co. Ltd., Shandong Xinruida Chemical Industry Co. Ltd., Hangzhou Focus Chemical Co. Ltd., Zouping Fenlian Chemical Co., Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Calcium Formate Market, By Grade
• Feed Grade
• Industrial Grade

Calcium Formate Market, By Application
• Feed
• Construction
• Leather Industry
• Chemical Industry
• Others

Calcium Formate Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World



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