Formic Acid Market Driven by Rubber Plantations and Production in APAC by IndustryARC

Formic Acid Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Formic Acid Market 2019-2024

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Press Release Global Formic Acid Market: Demand Analysis and Growth Forecast Gaining traction from prospering pharmaceutical and rubber industries, the formic acid market is poised for profitable returns, as per the findings of a new business intelligence study by IndustryARC. The market research report has evaluated that the global formic acid market size hovered around $550 million in 2018, and projects the demand to propagate with a compound annual growth rate (CAGR) of 4.9% during the forecast period 2019-2025. The report is titled “Formic Acid Market : By Types (Grades of 85%, 94%, 99%, and others); By Application (Agriculture, Leather & Textile, Rubber, Chemical & Pharmaceuticals, & others) & Region – Forecast (2019-2025).” Formic acid is the most abundantly available organic acid in the atmosphere and also a major cause for the acidity of rainwater. It is the simplest form of powerful carboxylic acid, which is also known as methanoic acid. Novel source of formic acid was found by an international group of researchers at Sandia National Laboratories that is over the Pacific and Indian oceans. This invention produces an additional volume of formic acid that is nearly 3.4 billion tons per year. Formic acid is a highly utilized organic chemical raw material in the diverse range of applications such as agricultural, commercial, industrial, and in consumer applications as an animal feed nutrient supplement, in drilling and completion fluids, cleaning and scouring products, de-icer for roadways, airfields, and airplane wings, and biomass reduction. Browse 50 Market Tables, 176 Figures spread through 140 slides and an in-depth TOC “Formic Acid Market (2019 - 2025)” Global Formic Acid Market: Leading Segments Formic acid is unique chemical which is generally used as a preservative in silage and foods, leather tanning, acidulant in the dyeing of natural and synthetic fibers, coagulating latex in rubber production. Government restrictions inhibiting the growth of sulphuric acid and in turn, increase the use of formic acid in the rubber industry. Distinctive physical-chemical properties of formic acid are gaining traction from the rubber manufacturers. For this, the pharmaceutical and rubber end use segments of the formic acid market are anticipated to grow at a healthy CAGR of around 4.5% through to 2025. Almost 70% of the nation’s rubber plantations are found in the Mon, Kayin and Tanintharyi states of Asia-Pacific. Rising rubber imports from china are also impacting the growth of formic acid in the APAC region. Thus, according to IndustryARC estimations APAC has identified as the leading region, which accounted with a governing share of around 48% in the global formic acid market for the year 2018. Currently, Southeast Asia produces around 90% of natural rubber which is supplied across the world. Indonesia, Thailand, Vietnam, and Malaysia are the international exporters and China, the United States and Japan are the biggest importers of the rubber. Global Formic Acid Market Trends Flourishing use of formic acid as an antibacterial agent, a preservative in livestock feed and also as a pesticide on crops is highly influencing the growth of the global formic acid market Prevalent applications of formic acid in industrial use and agricultural industries is fuelling the growth of the global formic acid market Global Formic Acid Market: Competitive Landscape

Formic Acid Market

Some of the major players operating in the global formic acid market are BASF SE, Feicheng Acid Chemical, Gujarat Narmada Valley Fertilizers & Chemicals Limited, Chongqing Chuandong Chemical Co., Ltd, LUXI Group Co., Ltd., Eastman Chemical Company, and Perstorp AB Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=16444 Related Reports: Organic Acids Market:By Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Prop ionic Acid, Fumaric Acid & Others) & By Geography - Forecast(2018 - 2023) https://industryarc.com/Report/16128/organic-acids-market.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Formic Acid Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Formic Acid Market - Overview 1.1. Definitions and Scope 2. Formic Acid Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Formic Acid Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Formic Acid Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Formic Acid Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Formic Acid Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Formic Acid Market -Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Formic Acid Market – By Type (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Grades of 85% 8.3.2. Grades of 94% 8.3.3. Grades of 99% 8.3.4. Others 9. Formic Acid Market – By Applications (Market Size -$Million / $Billion)

Formic Acid Market

9.1. Agriculture 9.2. Leather & Textile 9.3. Rubber 9.4. Chemical & Pharmaceuticals 9.5. Others 10. Formic Acid - By Geography (Market Size -$Million / $Billion) 10.1. Formic Acid Market - North America Segment Research 10.2. North America Market Research (Million / $Billion) 10.2.1. Segment type Size and Market Size Analysis 10.2.2. Revenue and Trends 10.2.3. Application Revenue and Trends by type of Application 10.2.4. Company Revenue and Product Analysis 10.2.5. North America Product type and Application Market Size 10.2.5.1. U.S. 10.2.5.2. Canada 10.2.5.3. Mexico 10.2.5.4. Rest of North America 10.3. Formic Acid - South America Segment Research 10.4. South America Market Research (Market Size -$Million / $Billion) 10.4.1. Segment type Size and Market Size Analysis 10.4.2. Revenue and Trends 10.4.3. Application Revenue and Trends by type of Application 10.4.4. Company Revenue and Product Analysis 10.4.5. South America Product type and Application Market Size 10.4.5.1. Brazil 10.4.5.2. Venezuela 10.4.5.3. Argentina 10.4.5.4. Ecuador 10.4.5.5. Peru 10.4.5.6. Colombia 10.4.5.7. Costa Rica 10.4.5.8. Rest of South America 10.5. Formic Acid - Europe Segment Research 10.6. Europe Market Research (Market Size -$Million / $Billion) 10.6.1. Segment type Size and Market Size Analysis 10.6.2. Revenue and Trends 10.6.3. Application Revenue and Trends by type of Application 10.6.4. Company Revenue and Product Analysis 10.6.5. Europe Segment Product type and Application Market Size 10.6.5.1. U.K 10.6.5.2. Germany 10.6.5.3. Italy 10.6.5.4. France 10.6.5.5. Netherlands 10.6.5.6. Belgium 10.6.5.7. Spain 10.6.5.8. Denmark 10.6.5.9. Rest of Europe 10.7. Formic Acid â&#x20AC;&#x201C; APAC Segment Research 10.8. APAC Market Research (Market Size -$Million / $Billion) 10.8.1. Segment type Size and Market Size Analysis 10.8.2. Revenue and Trends 10.8.3. Application Revenue and Trends by type of Application 10.8.4. Company Revenue and Product Analysis 10.8.5. APAC Segment â&#x20AC;&#x201C; Product type and Application Market Size 10.8.5.1. China 10.8.5.2. Australia 10.8.5.3. Japan

Formic Acid Market

10.8.5.4. South Korea 10.8.5.5. India 10.8.5.6. Taiwan 10.8.5.7. Malaysia 11. Formic Acid Market - Entropy 11.1. New product launches 11.2. M&A's, collaborations, JVs and partnerships 12. Formic Acid Market – Industry / Segment Competition landscape 12.1. Market Share Analysis 12.1.1. Market Share by Country- Top companies 12.1.2. Market Share by Region- Top 10 companies 12.1.3. Market Share by type of Application – Top 10 companies 12.1.4. Market Share by type of Product / Product category- Top 10 companies 12.1.5. Market Share at global level- Top 10 companies 12.1.6. Best Practises for companies 13. Formic Acid Market – Key Company List by Country 14. Formic Acid Market Company Analysis 14.1. Market Share, Company Revenue, Products, M&A, Developments 14.2. Taminco Corporation 14.3. Perstorp AB 14.4. Feicheng Acid Chemicals Co. Ltd. 14.5. Gujarat Narmada Valley Fertilizers Co. Ltd. 14.6. Chongqing Chuandong Chemical (Group) Co. Ltd. 14.7. Company 6 14.8. Company 7 14.9. Company 8 14.10. Company 9 14.11. Company 10 and more "*Financials would be provided on a best efforts basis for private companies" 15. Formic Acid Market -Appendix 15.1. Abbreviations 15.2. Sources 16. Formic Acid Market -Methodology 16.1. Research Methodology 16.1.1. Company Expert Interviews 16.1.2. Industry Databases 16.1.3. Associations 16.1.4. Company News 16.1.5. Company Annual Reports 16.1.6. Application Trends 16.1.7. New Products and Product database 16.1.8. Company Transcripts 16.1.9. R&D Trends 16.1.10. Key Opinion Leaders Interviews 16.1.11. Supply and Demand Trends

Formic Acid Market

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Formic Acid Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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Formic Acid Market