Global Formic Acid Market Analysis by Grade Description, Applications, Global Opportunity, Share, Trends, Challenges Analysis & Industry Forecast

 

Formic Acid introduction        


Formic Acid
 is colorless liquid with vesicant properties, pungent odor, soluble in ether, alcohols & acetone. It is generally known as the simplest form of carboxylic acid which is formed during acetate. Formic acid is available in varying grade ranging from (85 to 99%). Average portion of formic acid is used under leather industry due to its high absorbing capability, it also functions as a pH regulator in most of the chemical synthesis. It contributes some of its proportion in textile, dye, preservative, pharmaceutical & animal feed industry. It is chemically manufactured by various methods such as hydrogenation of carbon dioxide and oxidation of biomass.


Report description

This report represents the global and regional analysis of formic acid in terms of grade description, application (preservative, cleaning agent, animal feed & rubber etc.) Wise segmentation, market size & market growth (in terms of value & volume) trends including forecasting upto 5 years. All the region wise segmentation of buyer supplier is described properly. The  report focuses on the top continent Wise (North America, Europe, Japan, China and other regions (India, Southast Asia, Central & South America, and Middle East & Africa) manufacturer & buyers also.


“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


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The report covers Grade analysis

  • Formic Acid 85%
  • Formic Acid 90%
  • Formic Acid 94%
  • Formic Acid 99%

 

The report covers application analysis

  • Formic Acid In Animal Feed
  • Formic Acid In Preservatives
  • Formic Acid In Cleaning Agents
  • Formic Acid In Dyeing And Finishing Textiles
  • Formic Acid In Rubber & Leather Production
  • Formic Acid In Chemical & Pharmaceutical
  • Formic Acid In Other

 

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology

 

The report includes regional analysis on

  • North America (U.S., Canada & Rest of North America)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain & Rest of Europe)
  • Asia Pacific  (China, India, ASEAN, Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, North Africa & Rest of MEA Available)

 

Top Players in Formic Acid industry

  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd
  • LUXI Group
  • Shanxi Province Yuanping Chemical
  • Feicheng Acid Chemicals Co. Ltd
  • BASF SE
  • Taminco Corporation 
  • Perstorp AB
  • Eastman Chemical Company
  • Alfa Aesar
  • Thermo Fisher Scientific
  • Jinan Petrochemical Group
  • Merck
  • Polioli
  • Rashtriya Chemicals And Fertilizers
  • Wuhan Ruisunny Chemical

 

Key Questions answered by report

  • What was the market size trend of 2013-2015?
  • What will be the market size trend of next 4-5 years?
  • What are the major application industries & emerging industries?
  • Who are the key vendors present in the market?
  • How the future opportunities & market drivers will affect the market dynamics & ongoing trends?
  • Which one segment from global coverage will be lucrative & will grow?
  • What are the main market opportunities and threats faced by the vendors?
  • What are the strategies are following by the existing market players?

About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

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