Press release
Calcium Formate Market - Latest Scenario and Future Aspect Analysis 2021 - 2031
Transparency Market Research delivers key insights on the global calcium formate market. In terms of revenue, the global calcium formate market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global calcium formate market.
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/calcium-formate-market.html
The global calcium formate market is broadly affected by several factors, including usage of calcium formate in cement and concrete admixture.
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The increase in demand for calcium formate in building & construction is projected to drive the calcium formate market during the forecast period. Calcium formate is utilized as a cement additive in the construction industry, as it helps to increase the strength of cement products. It is employed to provide strength to bricks & blocks, concrete, and adhesives. Calcium formate is also used as a PH regulator. It acts as a corrosion protector, and is utilized for cementation process of drilling oil. Thus, rise in the demand for cement in the construction industry is estimated to drive the calcium formate market during the forecast period.
The expansion of the construction sector in Asia Pacific is expected to boost the demand for cement and cement-bound building materials over the next few years. This is anticipated to fuel the demand for accelerating additives such as calcium formate. Calcium formate can be employed as a substitute for calcium propionate. It can be used as an anti-corrosion and anti-mildew agent. It can replace citric acid and fumaric acid when employed as a feed acidifier.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17939
Calcium formate is suitable for all kinds of animal feed. It is highly effective in feed digestion and absorption functions. It works as a chelating agent in digestion, thus promoting the absorption of minerals. Calcium formate is highly suitable as feed for weaning piglets. It can reduce the proliferation of intestinal microbes; enhance the level of natural metabolites; improve the feed conversion rate; prevent diarrhea; and improve the survival rate of piglets.
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Asia Pacific is a highly lucrative region of the global calcium formate market. China is expected to hold a major share of the market in the region during the forecast period. Expansion of the construction sector and high availability of raw materials are key factors driving the demand for calcium formate in China.
Asia Pacific is anticipated to be a highly lucrative region of the global calcium formate market over the next few years driven by the escalating trends in the animal feed industry in the region.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=17939
The demand for meat products has been increasing in Asia Pacific, due to the expansion of the middle class population. Sustainability of animal diets is crucial in the development of livestock production. Furthermore, the expansion of the construction industry in the region, which has driven the demand for calcium formate in concrete & remicon additives, is projected to propel the market in the near future.
The calcium formate market in Europe is estimated to expand at a significant pace during the forecast period. The expansion of the textile sector in Italy, the U.K., and Russia is likely to boost the calcium formate market in the region in the near future.
North America is anticipated to offer significant opportunities for the calcium formate market due to the rise in the usage of calcium formate as cement additive and tile additive in the region. Calcium formate increases hardness and reduces the setting time as compared to that taken by ordinary cement. These properties are highly desirable in final products.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=17939
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global calcium formate market is fragmented with the presence of a large number of players. Key players operating in the global calcium formate market are Lanxess, Perstorp Group, Geo Specialty Chemicals, American Elements, Henan Botai Chemical Building Material Co., Ltd., and Zibo Ruibao Chemical co., LTD.
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐๐๐
Feed Grade
Industrial Grade
๐๐๐ฅ๐๐ข๐ฎ๐ฆ ๐ ๐จ๐ซ๐ฆ๐๐ญ๐ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Concrete & Remicon (Ready-mix Concrete) Additives
Animal Feed
Textile Dyeing & Finishing
Others (including Anti-corrosion Additive, De-icing Agent, and Oil Well Drilling)
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Rohit Bhisey
Transparency Market Research Inc.
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