Formic Acid Global Market Report 2025

Formic Acid Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on formic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for formic acid ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The formic acid market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Purity: Less Than 80% To 89.5%; 89.6% To 90.5%; 91.6% To 99%; More Than 99%

2) By Application: Animal Feed; Silage; Leather Tanning; Textile Dyeing

3) By End-Use Industry: Agriculture; Leather; Textiles And Apparel; Healthcare; Rubber; Chemical; Paper; Other End-Use Industries

Subsegments:

1) By Less Than 80% To 89.5%: Technical Grade Formic Acid; Industrial Grade Formic Acid

2) By 89.6% To 90.5%: Food Grade Formic Acid; Pharmaceutical Grade Formic Acid

3) By 91.6% To 99%: High Purity Formic Acid; Laboratory Grade Formic Acid

4) By More Than 99%: Ultra-Pure Formic Acid; Research Grade Formic Acid

Companies Mentioned: BASF SE; Honeywell International Inc.; Evonik Industries AG; Eastman Chemical Company; Luxi Chemical Group Co. Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Formic Acid Market Characteristics
3. Formic Acid Market Trends And Strategies
4. Formic Acid Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market
5. Global Formic Acid Growth Analysis And Strategic Analysis Framework
5.1. Global Formic Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Formic Acid Market Growth Rate Analysis
5.4. Global Formic Acid Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Formic Acid Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Formic Acid Total Addressable Market (TAM)
6. Formic Acid Market Segmentation
6.1. Global Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Less Than 80% to 89.5%
89.6% to 90.5%
91.6% to 99%
More Than 99%
6.2. Global Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Animal Feed
Silage
Leather Tanning
Textile Dyeing
6.3. Global Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Agriculture
Leather
Textiles and Apparel
Healthcare
Rubber
Chemical
Paper
Other End-Use Industries
6.4. Global Formic Acid Market, Sub-Segmentation Of Less Than 80% To 89.5%, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Technical Grade Formic Acid
Industrial Grade Formic Acid
6.5. Global Formic Acid Market, Sub-Segmentation Of 89.6% To 90.5%, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Food Grade Formic Acid
Pharmaceutical Grade Formic Acid
6.6. Global Formic Acid Market, Sub-Segmentation Of 91.6% To 99%, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
High Purity Formic Acid
Laboratory Grade Formic Acid
6.7. Global Formic Acid Market, Sub-Segmentation Of More Than 99%, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Ultra-Pure Formic Acid
Research Grade Formic Acid
7. Formic Acid Market Regional And Country Analysis
7.1. Global Formic Acid Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Formic Acid Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Formic Acid Market
8.1. Asia-Pacific Formic Acid Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Formic Acid Market
9.1. China Formic Acid Market Overview
9.2. China Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Formic Acid Market
10.1. India Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Formic Acid Market
11.1. Japan Formic Acid Market Overview
11.2. Japan Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Formic Acid Market
12.1. Australia Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Formic Acid Market
13.1. Indonesia Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Formic Acid Market
14.1. South Korea Formic Acid Market Overview
14.2. South Korea Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Formic Acid Market
15.1. Western Europe Formic Acid Market Overview
15.2. Western Europe Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Formic Acid Market
16.1. UK Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Formic Acid Market
17.1. Germany Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Formic Acid Market
18.1. France Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Formic Acid Market
19.1. Italy Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Formic Acid Market
20.1. Spain Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Formic Acid Market
21.1. Eastern Europe Formic Acid Market Overview
21.2. Eastern Europe Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Formic Acid Market
22.1. Russia Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Formic Acid Market
23.1. North America Formic Acid Market Overview
23.2. North America Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Formic Acid Market
24.1. USA Formic Acid Market Overview
24.2. USA Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Formic Acid Market
25.1. Canada Formic Acid Market Overview
25.2. Canada Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Formic Acid Market
26.1. South America Formic Acid Market Overview
26.2. South America Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Formic Acid Market
27.1. Brazil Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Formic Acid Market
28.1. Middle East Formic Acid Market Overview
28.2. Middle East Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Formic Acid Market
29.1. Africa Formic Acid Market Overview
29.2. Africa Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Formic Acid Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Formic Acid Market Competitive Landscape And Company Profiles
30.1. Formic Acid Market Competitive Landscape
30.2. Formic Acid Market Company Profiles
30.2.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Honeywell International Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Evonik Industries AG Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Eastman Chemical Company Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Luxi Chemical Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Formic Acid Market Other Major And Innovative Companies
31.1. Kemira Oyj
31.2. HELM AG
31.3. Perstorp Holdings AB
31.4. GMM Pfaudler Ltd.
31.5. Gujarat Narmada Valley Fertilizers & Chemicals Limited
31.6. Alfa Aesar
31.7. Wuhan Rui Sunny Chemical Co. Ltd.
31.8. Fleurchem Inc.
31.9. Noah Chemicals
31.10. Polioli S.p.A.
31.11. Shandong Feicheng Acid Chemicals Co. Ltd.
31.12. Anhui Asahikasei Chemical Co. Ltd.
31.13. Chongqing Chuandong Chemical (Group) Co. Ltd.
31.14. Hubei Yihua Group Co. Ltd.
31.15. Zibo Xinglu Chemical Factory
32. Global Formic Acid Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Formic Acid Market
34. Recent Developments In The Formic Acid Market
35. Formic Acid Market High Potential Countries, Segments and Strategies
35.1 Formic Acid Market In 2029 - Countries Offering Most New Opportunities
35.2 Formic Acid Market In 2029 - Segments Offering Most New Opportunities
35.3 Formic Acid Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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