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PUBLISHER: KBV Research | PRODUCT CODE: 1403580
PUBLISHER: KBV Research | PRODUCT CODE: 1403580
North America Calcium Formate Market Size, Share & Industry Trends Analysis Report By Application, By Grade, By End-use (Construction, Leather & Textile, Animal Husbandry, Power Generation, and Others), By Country and Growth Forecast, 2023 - 2030
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The North America Calcium Formate Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 264.7 Kilo Tonnes, showcasing a growth of 4.7% (2019-2022).
Calcium formate, a calcium salt of formic acid, is either a byproduct of the production of trimethylolpropane or is generated from calcium hydroxide and carbon monoxide. The main process of manufacture is the reduction reaction of formic acid with calcium hydroxide or calcium carbonate. This method produces a superior quality product with a reduced insoluble water content. Formicate is the mineral form of calcium methanoate. It can form orthorhombic crystals at room temperature and is flammable and stable.
The construction industry stands out as a major driver of calcium formate adoption. The compound is widely recognized for its role as a concrete accelerator. Its ability to accelerate the curing process enhances the efficiency of construction projects, reducing the time and costs associated with delayed concrete setting. As urbanization and infrastructure development continue, the demand for this in the construction sector is expected to increase further. The need for sustainable and eco-friendly feed additives primarily drives the adoption of this in agriculture.
According to U.S. Census Bureau estimates, spending on construction was $1,972.6 billion (seasonally adjusted annual rate) in July 2023, which is 0.7 percent (0.5 percent) more than the previously anticipated $1,958.9 billion in June. The July 2023 amount is 5.5% (1.2%) greater than the July 2022 estimate of $1,869.3 billion. Construction spending reached $1,101.5 billion in the first seven months of 2023; a 3.7 percent (1.0 percent) increase over the $1,062.1 billion spent during the same period in 2022. Due to the above-mentioned factors, the market will grow significantly in this region.
The US market dominated the North America Calcium Formate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $185.6 Million by 2030. The Canada market is experiencing a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.3% during (2023 - 2030).
Based on Application, the market is segmented into Concrete Additive, Feed Additive, Textile Dyeing & Finishing, and Others. Based on Grade, the market is segmented into Industrial Grade, and Feed Grade. Based on End-use, the market is segmented into Construction, Leather & Textile, Animal Husbandry, Power Generation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lanxess AG, Chongqing Chuandong Chemical (Group) Co., Ltd., Zibo ruibao chemical co. LTD., Henan Botai Chemical Building Material Co., Ltd., Shandong Baoyuan Chemical Co.,Ltd., SIDLEY CHEMICAL CO.,LTD., American Elements, Minerals Technologies Inc., Cerne Calcium Company, and Hangzhou Focus Chemical Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Concrete Additive
- Feed Additive
- Textile Dyeing & Finishing
- Others
By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Industrial Grade
- Feed Grade
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Construction
- Leather & Textile
- Animal Husbandry
- Power Generation
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Lanxess AG
- Chongqing Chuandong Chemical (Group) Co., Ltd.
- Zibo ruibao chemical co. LTD.
- Henan Botai Chemical Building Material Co., Ltd.
- Shandong Baoyuan Chemical Co.,Ltd.
- SIDLEY CHEMICAL CO.,LTD.
- American Elements
- Minerals Technologies Inc.
- Cerne Calcium Company
- Hangzhou Focus Chemical Co., Ltd.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Calcium Formate Market, by Application
- 1.4.2 North America Calcium Formate Market, by Grade
- 1.4.3 North America Calcium Formate Market, by End-use
- 1.4.4 North America Calcium Formate Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. North America Calcium Formate Market by Application
- 4.1 North America Concrete Additive Market by Country
- 4.2 North America Feed Additive Market by Country
- 4.3 North America Textile Dyeing & Finishing Market by Country
- 4.4 North America Others Market by Country
Chapter 5. North America Calcium Formate Market by Grade
- 5.1 North America Industrial Grade Market by Country
- 5.2 North America Feed Grade Market by Country
Chapter 6. North America Calcium Formate Market by End-use
- 6.1 North America Construction Market by Country
- 6.2 North America Leather & Textile Market by Country
- 6.3 North America Animal Husbandry Market by Country
- 6.4 North America Power Generation Market by Country
- 6.5 North America Others Market by Country
Chapter 7. North America Calcium Formate Market by Country
- 7.1 US Calcium Formate Market
- 7.1.1 US Calcium Formate Market by Application
- 7.1.2 US Calcium Formate Market by Grade
- 7.1.3 US Calcium Formate Market by End-use
- 7.2 Canada Calcium Formate Market
- 7.2.1 Canada Calcium Formate Market by Application
- 7.2.2 Canada Calcium Formate Market by Grade
- 7.2.3 Canada Calcium Formate Market by End-use
- 7.3 Mexico Calcium Formate Market
- 7.3.1 Mexico Calcium Formate Market by Application
- 7.3.2 Mexico Calcium Formate Market by Grade
- 7.3.3 Mexico Calcium Formate Market by End-use
- 7.4 Rest of North America Calcium Formate Market
- 7.4.1 Rest of North America Calcium Formate Market by Application
- 7.4.2 Rest of North America Calcium Formate Market by Grade
- 7.4.3 Rest of North America Calcium Formate Market by End-use
Chapter 8. Company Profiles
- 8.1 Lanxess AG
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 SWOT Analysis
- 8.2 Chongqing Chuandong Chemical (Group) Co., Ltd.
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 Zibo ruibao chemical co. LTD.
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 Henan Botai Chemical Building Material Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Shandong Baoyuan Chemical Co.,Ltd.
- 8.5.1 Company Overview
- 8.5.2 SWOT Analysis
- 8.6 SIDLEY CHEMICAL CO.,LTD.
- 8.6.1 Company Overview
- 8.6.2 SWOT Analysis
- 8.7 American Elements
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 Minerals Technologies Inc.
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 SWOT Analysis
- 8.9 Cerne Calcium Company
- 8.9.1 Company Overview
- 8.9.2 SWOT Analysis
- 8.10. Hangzhou Focus Chemical Co., Ltd.
- 8.10.1 Company Overview
- 8.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Calcium Formate Market, 2019 - 2022, USD Million
- TABLE 2 North America Calcium Formate Market, 2023 - 2030, USD Million
- TABLE 3 North America Calcium Formate Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 North America Calcium Formate Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 North America Calcium Formate Market by Application, 2019 - 2022, USD Million
- TABLE 6 North America Calcium Formate Market by Application, 2023 - 2030, USD Million
- TABLE 7 North America Calcium Formate Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 8 North America Calcium Formate Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 9 North America Concrete Additive Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Concrete Additive Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Concrete Additive Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 North America Concrete Additive Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 North America Feed Additive Market by Country, 2019 - 2022, USD Million
- TABLE 14 North America Feed Additive Market by Country, 2023 - 2030, USD Million
- TABLE 15 North America Feed Additive Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 North America Feed Additive Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 North America Textile Dyeing & Finishing Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Textile Dyeing & Finishing Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Textile Dyeing & Finishing Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20 North America Textile Dyeing & Finishing Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 22 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 23 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25 North America Calcium Formate Market by Grade, 2019 - 2022, USD Million
- TABLE 26 North America Calcium Formate Market by Grade, 2023 - 2030, USD Million
- TABLE 27 North America Calcium Formate Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 28 North America Calcium Formate Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 29 North America Industrial Grade Market by Country, 2019 - 2022, USD Million
- TABLE 30 North America Industrial Grade Market by Country, 2023 - 2030, USD Million
- TABLE 31 North America Industrial Grade Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32 North America Industrial Grade Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33 North America Feed Grade Market by Country, 2019 - 2022, USD Million
- TABLE 34 North America Feed Grade Market by Country, 2023 - 2030, USD Million
- TABLE 35 North America Feed Grade Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 North America Feed Grade Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 North America Calcium Formate Market by End-use, 2019 - 2022, USD Million
- TABLE 38 North America Calcium Formate Market by End-use, 2023 - 2030, USD Million
- TABLE 39 North America Calcium Formate Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 40 North America Calcium Formate Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 41 North America Construction Market by Country, 2019 - 2022, USD Million
- TABLE 42 North America Construction Market by Country, 2023 - 2030, USD Million
- TABLE 43 North America Construction Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 North America Construction Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 North America Leather & Textile Market by Country, 2019 - 2022, USD Million
- TABLE 46 North America Leather & Textile Market by Country, 2023 - 2030, USD Million
- TABLE 47 North America Leather & Textile Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48 North America Leather & Textile Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49 North America Animal Husbandry Market by Country, 2019 - 2022, USD Million
- TABLE 50 North America Animal Husbandry Market by Country, 2023 - 2030, USD Million
- TABLE 51 North America Animal Husbandry Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52 North America Animal Husbandry Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53 North America Power Generation Market by Country, 2019 - 2022, USD Million
- TABLE 54 North America Power Generation Market by Country, 2023 - 2030, USD Million
- TABLE 55 North America Power Generation Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 56 North America Power Generation Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 57 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 58 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 59 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 60 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 61 North America Calcium Formate Market by Country, 2019 - 2022, USD Million
- TABLE 62 North America Calcium Formate Market by Country, 2023 - 2030, USD Million
- TABLE 63 North America Calcium Formate Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 64 North America Calcium Formate Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 65 US Calcium Formate Market, 2019 - 2022, USD Million
- TABLE 66 US Calcium Formate Market, 2023 - 2030, USD Million
- TABLE 67 US Calcium Formate Market, 2019 - 2022, Kilo Tonnes
- TABLE 68 US Calcium Formate Market, 2023 - 2030, Kilo Tonnes
- TABLE 69 US Calcium Formate Market by Application, 2019 - 2022, USD Million
- TABLE 70 US Calcium Formate Market by Application, 2023 - 2030, USD Million
- TABLE 71 US Calcium Formate Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 72 US Calcium Formate Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 73 US Calcium Formate Market by Grade, 2019 - 2022, USD Million
- TABLE 74 US Calcium Formate Market by Grade, 2023 - 2030, USD Million
- TABLE 75 US Calcium Formate Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 76 US Calcium Formate Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 77 US Calcium Formate Market by End-use, 2019 - 2022, USD Million
- TABLE 78 US Calcium Formate Market by End-use, 2023 - 2030, USD Million
- TABLE 79 US Calcium Formate Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 80 US Calcium Formate Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 81 Canada Calcium Formate Market, 2019 - 2022, USD Million
- TABLE 82 Canada Calcium Formate Market, 2023 - 2030, USD Million
- TABLE 83 Canada Calcium Formate Market, 2019 - 2022, Kilo Tonnes
- TABLE 84 Canada Calcium Formate Market, 2023 - 2030, Kilo Tonnes
- TABLE 85 Canada Calcium Formate Market by Application, 2019 - 2022, USD Million
- TABLE 86 Canada Calcium Formate Market by Application, 2023 - 2030, USD Million
- TABLE 87 Canada Calcium Formate Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 88 Canada Calcium Formate Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 89 Canada Calcium Formate Market by Grade, 2019 - 2022, USD Million
- TABLE 90 Canada Calcium Formate Market by Grade, 2023 - 2030, USD Million
- TABLE 91 Canada Calcium Formate Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 92 Canada Calcium Formate Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 93 Canada Calcium Formate Market by End-use, 2019 - 2022, USD Million
- TABLE 94 Canada Calcium Formate Market by End-use, 2023 - 2030, USD Million
- TABLE 95 Canada Calcium Formate Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 96 Canada Calcium Formate Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 97 Mexico Calcium Formate Market, 2019 - 2022, USD Million
- TABLE 98 Mexico Calcium Formate Market, 2023 - 2030, USD Million
- TABLE 99 Mexico Calcium Formate Market, 2019 - 2022, Kilo Tonnes
- TABLE 100 Mexico Calcium Formate Market, 2023 - 2030, Kilo Tonnes
- TABLE 101 Mexico Calcium Formate Market by Application, 2019 - 2022, USD Million
- TABLE 102 Mexico Calcium Formate Market by Application, 2023 - 2030, USD Million
- TABLE 103 Mexico Calcium Formate Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 104 Mexico Calcium Formate Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 105 Mexico Calcium Formate Market by Grade, 2019 - 2022, USD Million
- TABLE 106 Mexico Calcium Formate Market by Grade, 2023 - 2030, USD Million
- TABLE 107 Mexico Calcium Formate Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 108 Mexico Calcium Formate Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 109 Mexico Calcium Formate Market by End-use, 2019 - 2022, USD Million
- TABLE 110 Mexico Calcium Formate Market by End-use, 2023 - 2030, USD Million
- TABLE 111 Mexico Calcium Formate Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 112 Mexico Calcium Formate Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 113 Rest of North America Calcium Formate Market, 2019 - 2022, USD Million
- TABLE 114 Rest of North America Calcium Formate Market, 2023 - 2030, USD Million
- TABLE 115 Rest of North America Calcium Formate Market, 2019 - 2022, Kilo Tonnes
- TABLE 116 Rest of North America Calcium Formate Market, 2023 - 2030, Kilo Tonnes
- TABLE 117 Rest of North America Calcium Formate Market by Application, 2019 - 2022, USD Million
- TABLE 118 Rest of North America Calcium Formate Market by Application, 2023 - 2030, USD Million
- TABLE 119 Rest of North America Calcium Formate Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 120 Rest of North America Calcium Formate Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 121 Rest of North America Calcium Formate Market by Grade, 2019 - 2022, USD Million
- TABLE 122 Rest of North America Calcium Formate Market by Grade, 2023 - 2030, USD Million
- TABLE 123 Rest of North America Calcium Formate Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 124 Rest of North America Calcium Formate Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 125 Rest of North America Calcium Formate Market by End-use, 2019 - 2022, USD Million
- TABLE 126 Rest of North America Calcium Formate Market by End-use, 2023 - 2030, USD Million
- TABLE 127 Rest of North America Calcium Formate Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 128 Rest of North America Calcium Formate Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 129 key Information - Lanxess AG
- TABLE 130 Key Information - Chongqing Chuandong Chemical (Group) Co., Ltd.
- TABLE 131 Key Information - Zibo ruibao chemical co. LTD.
- TABLE 132 Key Information - Henan Botai Chemical Building Material Co., Ltd.
- TABLE 133 Key Information - Shandong Baoyuan Chemical Co.,Ltd.
- TABLE 134 Key Information - SIDLEY CHEMICAL CO.,LTD.
- TABLE 135 Key Information - American Elements
- TABLE 136 Key Information - Minerals Technologies Inc.
- TABLE 137 Key Information - Cerne Calcium Company
- TABLE 138 Key Information - Hangzhou Focus Chemical Co., Ltd.
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