Calcium Formate Market Growth, Size and Future Challenges Till 2034
Global Calcium Formate Market Growth, Size, Trends Analysis - By Grade, By Application, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: CHEM2590 | Pages: 1 - 255 | Formats*: |
| Category : Chemical & Materials | |||
Global Calcium Formate Market Introduction and Overview
According to SPER Market Research, the Global Calcium Formate Market is estimated to reach USD 1.47 billion by 2034 with a CAGR of 5.75%.
The report includes an in-depth analysis of the Global Calcium Formate Market, including market size and trends, product mix, Applications, and supplier analysis. The global calcium formate market was valued at USD 0.84 billion in 2024 and is expected to increase at a compound annual growth rate (CAGR) of 5.75% between 2025 and 2034. The construction industry plays an important role in increasing product demand since it is used as a cement additive, which imparts superior qualities such as higher strength, faster setting time, and less shrinkage. Ongoing infrastructure development projects, such as highways, airports, bridges, and trains, require the product to increase concrete performance. The market demand is expected to rise as these infrastructure projects expand globally.
By Grade Insights
The industrial grade segment led the market with the largest revenue share in 2024 due to the use of feed grade as an animal feed additive. Feed grade has many benefits for animal nutrition and health, such as improving digestion and reducing diarrhea.
It improves the quality of animal feed by acting as a preservative, preventing harmful bacteria growth, and extending feed shelf life. It also helps maintain pH balance in the digestive system, promoting better digestion and reducing bacterial infection risks.
Industrial grade is used in various industries, including construction, where it serves as a cement additive to enhance concrete properties such as setting time, strength, and durability.
By Application Insights
In 2024, the concrete setting segment dominated the market with the highest revenue share. This is due to its use as a concrete additive in construction, where it speeds up the setting time and improves early strength. This is especially useful in cold weather and fast-track projects. Additionally, as a feed additive in animal nutrition, it provides calcium and formic acid, aiding digestion, growth, and overall animal health.
By End-User Insights
In 2024, the market was dominated by the construction segment, which had a substantial revenue share. The product is added to cement-based materials like concrete to speed up setting time and enhance early strength, which is especially useful in cold weather or for fast projects.
In the leather and textile sectors, it acts as a buffering agent, stabilizing pH in dye baths for consistent color and improved dye uptake. The product is also a feed additive in animal nutrition, aiding digestion and promoting growth. Additionally, it is used in the power generation industry as an additive in drilling fluids for oil and gas wells, helping manage fluid loss and stabilize properties for efficient drilling.
Regional Insights
In 2024, the Asia Pacific region dominated the market, accounting for the greatest revenue share. This is due to factors such as infrastructure expansion, construction activity, and increased demand for animal feed additives. Population expansion, urbanisation, and economic development are all contributing to Asia Pacific's thriving building sector.
The market in North America is driven by a number of factors, including growing urbanisation, government initiatives for housing schemes and transit infrastructure development, and the growing need for public infrastructure. These elements support the expansion of the construction sector, which fuels the need for concrete additives.
Market Competitive Landscape
The calcium formate market's major players are continuously pursuing strategic initiatives in an effort to maintain their market share. These strategies include product innovation, expanding capacity, and mergers and acquisitions. These companies are also investing in research and development to enhance product efficiency and quality. The market is expanding as a result of increased demand from sectors like agriculture, papermaking, and construction. The competitive landscape is fragmented, with many regional players focusing on expanding reach and diversifying products.
Recent Developments:
In December 19, 2023, the US Food and Drug Administration (FDA) published a final rule that permits the use of calcium formate as an acidifying addition in swine and poultry feed. This implies that lowering the pH of animal feed using calcium formate is now safe.
In March 2024, BASF SE announced the launch of a new environmentally friendly calcium formate product for use in the construction industry. This novel composition not only improves concrete performance but also complies with strict environmental laws, seeking to reduce the carbon footprint associated with traditional concrete additives.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Grade, By Application,By End-User |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East& Africa |
| Companies Covered | ANXESS, Perstorp Holding AB, Chongqing Chuandong Chemical (Group) Co. Ltd, Zibo ruibao chemical Co., LTD, Henan Botai Chemical Building Material Co., Ltd, Shandong Baoyuan Chemical Co. Ltd, Jiangxi Kosin Frontier Technology Co., Ltd, SIDLEY CHEMICAL CO., LTD, Zouping Fenlian Biotech Co., Ltd, American Elements, Wujiang yingchuang chemical co., ltd, Minerals Technologies Inc. |
Key Topics Covered in the Report
Global Calcium Formate Market Size (FY’2021-FY’2034)
Overview of Global Calcium Formate Market
Segmentation of Global Calcium Formate Market By Grade (Industrial Grade, Feed Grade)
Segmentation of Global Calcium Formate Market By Application (Feed Additive, Concrete Additive, Textile Dyeing & Finishing, Other Applications)
Segmentation of Global Calcium Formate Market By End-User (Construction, Leather & Textile, Animal Husbandry, Power Generation, Other End-user)
Statistical Snap of Global Calcium Formate Market
Expansion Analysis of Global Calcium Formate Market
Problems and Obstacles in Global Calcium Formate Market
Competitive Landscape in the Global Calcium Formate Market
Details on Current Investment in Global Calcium Formate Market
Competitive Analysis of Global Calcium Formate Market
Prominent Players in the Global Calcium Formate Market
SWOT Analysis of Global Calcium Formate Market
Global Calcium Formate Market Future Outlook and Projections (FY’2025-FY’2034)
Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Calcium Formate Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Calcium Formate Market
7.Global Calcium Formate Market, By Grade (USD Million) 2021-2034
7.1.Feed Grade7.2.Industrial Grade
8.Global Calcium Formate Market, By Application (USD Million) 2021-2034
8.1.Feed Additive8.2.Concrete Additive8.3.Textile Dyeing & Finishing8.4.Other Applications
9.Global Calcium Formate Market, By End-User (USD Million) 2021-2034
9.1.Construction9.2.Leather & Textile9.3.Animal Husbandry9.4.Power Generation9.5.Other End-user
10.Global Calcium Formate Market, (USD Million) 2021-2034
10.1.Global Calcium Formate Market Size and Market Share
11.Global Calcium Formate Market, By Region, (USD Million) 2021-2034
11.1.Asia-Pacific
11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada11.4.2.Mexico11.4.3.United States
11.5.Latin America
11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.LANXESS
12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments
12.2.Perstorp Holding AB
12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments
12.3.Chongqing Chuandong Chemical (Group) Co. Ltd
12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments
12.4.Zibo ruibao chemical Co., LTD
12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments
12.5.Henan Botai Chemical Building Material Co., Ltd
12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments
12.6.Shandong Baoyuan Chemical Co. Ltd
12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments
12.7.Jiangxi Kosin Frontier Technology Co., Ltd
12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments
12.8.SIDLEY CHEMICAL CO., LTD
12.8.1.Company details12.8.2.Financial outlook12.8.3.Product summary12.8.4.Recent developments
12.9.Zouping Fenlian Biotech Co., Ltd
12.9.1.Company details12.9.2.Financial outlook12.9.3.Product summary12.9.4.Recent developments
12.10.American Elements
12.10.1.Company details12.10.2.Financial outlook12.10.3.Product summary12.10.4.Recent developments
12.11.Wujiang yingchuang chemical co., ltd
12.11.1.Company details12.11.2.Financial outlook12.11.3.Product summary12.11.4.Recent developments
12.12.Minerals Technologies Inc
12.12.1.Company details12.12.2.Financial outlook12.12.3.Product summary12.12.4.Recent developments
12.13.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Calcium Formate Market is projected to reach USD 1.47 billion by 2034, growing at a CAGR of of 5.75% during the forecast period.
Calcium Formate Market grew in Market size from 2025. The Market is expected to reach USD 1.47 billion by 2034, at a CAGR of 5.75% during the forecast period.
Calcium Formate Market CAGR of 5.75% during the forecast period.
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Calcium Formate Market size is USD 1.47 billion from 2025 to 2034.
Calcium Formate Market is covered By Grade, By Application, By End-User
The North America is anticipated to have the highest Market share in the Calcium Formate Market.
LANXESS, Perstorp Holding AB, Chongqing Chuandong Chemical (Group) Co. Ltd, Zibo ruibao chemical Co., LTD, Henan Botai Chemical Building Material Co., Ltd, Shandong Baoyuan Chemical Co. Ltd, Jiangxi Kosin Frontier Technology Co., Ltd, SIDLEY CHEMICAL CO., LTD, Zouping Fenlian Biotech Co., Ltd, American Elements, Wujiang yingchuang chemical co., ltd, Minerals Technologies Inc.
The report includes an in-depth analysis of the Global Calcium Formate Market, including market size and trends, product mix, Applications, and supplier analysis.
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