Global Sodium Formate Competitive Landscape Professional Research Report 2025
Research SummarySodium formate (NaCOOH) is a white crystalline compound that is primarily used in various industrial applications, particularly as a reducing agent and in leather tanning processes. It is soluble in water and has a slightly salty taste. Sodium formate is utilized in the textile and printing industries as a dyeing auxiliary and as a buffering agent in the production of certain chemicals. In leather processing, it helps to adjust pH levels and soften the hides during tanning, improving the quality and durability of leather products. Additionally, sodium formate serves as a de-icing agent on airport runways and highways, effectively melting ice and snow due to its ability to lower the freezing point of water. Its versatility and effectiveness in these applications make sodium formate a valuable chemical compound in various industrial and commercial sectors.
According to DIResearch's in-depth investigation and research, the global Sodium Formate market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Sodium Formate include Luxi Chemical, Koei Chemical, Kanoria Chemicals & Industries, Asian Paints, Hawkins, Hubei Yihua Chemical Industry, Anhui Dongfeng Chemical, Dongying Shuntong Chemical etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Sodium Formate. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sodium Formate market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Sodium Formate market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sodium Formate industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Sodium Formate Include:
Luxi Chemical
Koei Chemical
Kanoria Chemicals & Industries
Asian Paints
Hawkins
Hubei Yihua Chemical Industry
Anhui Dongfeng Chemical
Dongying Shuntong Chemical
Sodium Formate Product Segment Include:
≥98% Purity
≥95% Purity
≥92% Purity
Other
Sodium Formate Product Application Include:
Sodium Dithionite
Oxalic Acid
Formic Acid
Other
Chapter ScopeChapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Sodium Formate Capacity and Production Analysis
Chapter 3: Global Sodium Formate Industry PESTEL Analysis
Chapter 4: Global Sodium Formate Industry Porter's Five Forces Analysis
Chapter 5: Global Sodium Formate Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Sodium Formate Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Sodium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Sodium Formate Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources