NEW YORK, June 11, 2021 /PRNewswire/ --
The formic acid market is poised to grow by USD 208.72 million during 2021-2025, progressing
at a CAGR of over 4% during the forecast period.
Technavio's in-depth market research reports
include value chain analysis and validation techniques to help
industry leaders improve their business.
Download FREE Sample Report
The report on the formic acid market provides a holistic update,
market size and forecast, trends, growth drivers, and challenges,
as well as vendor analysis.
The report offers an up-to-date analysis regarding the current
global market scenario and the overall market environment. The
market is driven by factors such as the rising demand for formic
acid as a preservative, the silage preservation and ban on
antibiotics bolstering market demand, and the rising demand for
natural rubber.
The formic acid market analysis includes the end-user segment
and geography landscape. This study identifies the rising demand
for natural rubber as one of the prime reasons driving the formic
acid market growth during the next few years.
This report presents a detailed picture of the market by the way
of study, synthesis, and summation of data from multiple sources by
an analysis of key parameters.
The formic acid market covers the following areas:
Formic Acid Market Sizing
Formic Acid Market Forecast
Formic Acid Market Analysis
Companies Mentioned
- BASF SE
- Eastman Chemical Co.
- GNFC Ltd.
- Haviland Enterprises Inc.
- Kemira Oyj
- LUXI Group Co. Ltd.
- NuGenTec
- Perstorp Holding AB
- Rashtriya Chemicals and Fertilizers Ltd.
- Thermo Fisher Scientific Inc.
Related Reports on Materials Include:
Global Demulsifier Market- The demulsifier market is
segmented by type (oil-soluble demulsifier and water-soluble
demulsifier) and geography (MEA, North
America, Europe, APAC, and
South America).
Download FREE Sample Report
Global Ink Resins Market- The ink resins market is
segmented by process (lithography printing, flexography printing,
gravure printing, and others) and geography (APAC, Europe, North
America, MEA, and South
America).
Download FREE Sample Report
Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020- 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Agriculture and animal feed - Market size and forecast
2020-2025
- Leather - Market size and forecast 2020-2025
- Textile - Market size and forecast 2020-2025
- Chemicals and pharmaceuticals - Market size and forecast
2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size
and forecast 2020-2025
- Europe - Market size and
forecast 2020-2025
- South America - Market size
and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- BASF SE
- Eastman Chemical Co.
- GNFC Ltd.
- Haviland Enterprises Inc.
- Kemira Oyj
- LUXI Group Co. Ltd.
- NuGenTec
- Perstorp Holding AB
- Rashtriya Chemicals and Fertilizers Ltd.
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions. With over 500 specialized analysts,
Technavio's report library consists of more than 17,000 reports and
counting, covering 800 technologies, spanning across 50 countries.
Their client base consists of enterprises of all sizes, including
more than 100 Fortune 500 companies. This growing client base
relies on Technavio's comprehensive coverage, extensive research,
and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive
positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom:
https://www.technavio.com/news/top-drivers-for-formic-acidmarket
Report Page:
https://www.technavio.com/report/formic-acid-market-industry-analysis
View original content to download
multimedia:http://www.prnewswire.com/news-releases/global-formic-acid-market---208-72-million-growth-expected-during-2021-2025--17000-technavio-research-reports-301310661.html
SOURCE Technavio