Calcium Formate Market
By Grade;
Feed Grade and Industrial GradeBy Application;
Tile Additives, Feed Additive, Concrete-Setting Accelerators, Leather Tanning, Drilling Fluids, Textile Auxiliaries, Flue Gas Desulfurization Additives, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Calcium Formate Market (USD Million), 2021 - 2031
In the year 2024, the Global Calcium Formate Market was valued at USD 641.28 million. The size of this market is expected to increase to USD 902.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
Calcium Formate Market
*Market size in USD million
CAGR 5.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.0 % |
Market Size (2024) | USD 641.28 Million |
Market Size (2031) | USD 902.34 Million |
Market Concentration | Medium |
Report Pages | 380 |
Major Players
- Zhanhua Binbo Chemical Co., Ltd.
- Perstop
- Huanghua Pengfa Chemical Co., Ltd.
- ZIBO AIHENG NEW MATERIAL CO., LTD
- Linyi Fano Biotech Co., Ltd.
- SIDLEY CHEMICAL CO., LTD.
- Henan Botai Chemical Building Materials Co., Ltd.
- ZIBO RUIBAO CHEMICAL CO.LTD
- Zouping Fenlian Biotech Co., Ltd.
- GELEST, INC.
- GEO Specialty Chemicals
- LANXESS
- Krishna Chemicals
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Calcium Formate Market
Fragmented - Highly competitive market without dominant players
The global calcium formate market is experiencing significant growth, driven by its versatile applications across various industries. Calcium formate, a white crystalline compound, is primarily used as a cement additive to improve setting time and durability in construction. The growing demand for faster construction processes and enhanced building materials has been a major driver for the market. Additionally, its usage as a preservative in animal feed to prevent microbial growth and improve feed efficiency has further expanded its market scope, especially in regions with thriving livestock industries.
The chemical industry also heavily relies on calcium formate for its properties as a de-icing agent and a pH stabilizer in various processes. Its role as a reducing agent in leather tanning and as an additive in oil drilling fluids underscores its industrial significance. Rising environmental concerns and stringent regulations have encouraged the adoption of calcium formate as a safer alternative to traditional chemicals, particularly in construction and animal feed applications. These factors collectively contribute to the growing adoption of calcium formate in both developed and developing regions.
Geographically, Asia Pacific leads the global calcium formate market, owing to rapid industrialization, urbanization, and the expanding construction and agriculture sectors in countries like China and India. North America and Europe also hold significant market shares, driven by the demand for high-quality construction materials and advanced feed additives. Meanwhile, the Middle East, Africa, and Latin America are emerging markets, with increasing awareness about calcium formate's benefits across various applications. The diverse use cases and the rising global focus on sustainable practices are expected to fuel the market's growth further in the coming years.
Global Calcium Formate Market Recent Developments
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In March 2024, A study conducted by University of Jinan showed that calcium formate significantly increased the 3,day and 28,day compressive strength of super sulfated cement. Calcium formate promotes the dissolution of gypsum and slag
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In December 2023, The U.S. Food and Drug Administration (FDA) published a final regulation authorizing the use of calcium formate as an acidifying ingredient in poultry and swine feed. This implies that the pH level of animal feed can now be lowered safely by adding calcium formate
Calcium Formate Market Segement Analysis
In this report, the Calcium Formate Market has been segmented by Grade, Application and Geography.
Calcium Formate Market, Segmentation by Grade
The Calcium Formate Market has been segmented by Grade into Feed Grade and Industrial Grade.
Feed Grade
Feed grade calcium formate holds nearly 55–60% share of the market, widely applied in animal feed as a preservative and growth promoter. Its rising demand is linked to improvements in gut health and feed efficiency in poultry and swine.
Industrial Grade
Industrial grade contributes around 40–45%, driven by applications in the construction industry and leather tanning. It plays a vital role as a cement accelerator, with increasing adoption supported by global infrastructure growth.
Calcium Formate Market, Segmentation by Application
The Calcium Formate Market has been segmented by Application into Tile Additives, Feed Additive, Concrete-setting Accelerators, Leather Tanning, Drilling Fluids, Textile Auxiliaries, Flue Gas Desulfurization Additives and Others.
Tile Additives
Tile additives contribute about 18–20% of the market, where calcium formate enhances adhesion strength and durability in tile adhesives. Its role in fast-setting formulations supports the growing construction sector.
Feed Additive
Feed additives dominate with nearly 25–28% share, as calcium formate is widely used in animal nutrition to improve digestive health, feed efficiency, and preservation.
Concrete-setting Accelerators
Concrete-setting accelerators hold around 22–24% share. Calcium formate accelerates cement hydration and enhances strength development, making it vital for construction projects.
Leather Tanning
Leather tanning represents approximately 10–12% of demand, where calcium formate is used as a masking agent in chrome tanning, improving leather quality and sustainability.
Drilling Fluids
Drilling fluids account for nearly 6–8%, with calcium formate providing wellbore stability and controlling fluid loss in the oil & gas sector.
Textile Auxiliaries
Textile auxiliaries make up about 5–6% of demand, where calcium formate acts as a dye-fixing agent to enhance color fastness and textile finishing.
Flue Gas Desulfurization Additives
This segment accounts for around 7–9%, with calcium formate reducing SO₂ emissions in power plants, contributing to sustainable practices.
Others
Other applications, at 4–5%, include specialty uses such as adhesives, sealants, and niche industrial chemicals.
Calcium Formate Market, Segmentation by Geography
In this report, the Calcium Formate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Calcium Formate Market Share (%), by Geographical Region
North America
North America accounts for nearly 24–26% of the calcium formate market, with strong demand in construction, animal feed, and industrial applications. The U.S. leads due to its advanced industrial base.
Europe
Europe holds about 28–30% of the market, driven by strict environmental regulations and rising adoption in feed additives and concrete accelerators, making it a key regional hub.
Asia Pacific
Asia Pacific leads with 32–34% share, fueled by rapid industrialization, growth in construction, and rising use in textiles and chemical processing, particularly across China and India.
Middle East & Africa
The Middle East & Africa region represents 6–8%, with demand supported by construction projects and applications in the oil & gas sector, boosting future opportunities.
Latin America
Latin America contributes around 7–9%, where countries such as Brazil and Mexico drive demand in animal feed and cement-based additives for construction industries.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Calcium Formate Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising Demand in the Construction Industry
- Growing Use in Animal Feed Additives
- Environmentally Friendly Properties:Calcium formate is gaining popularity due to its environmentally friendly properties, particularly in industries where reducing the environmental impact is a priority. One of its key advantages is its role in flue gas desulfurization, where it helps reduce harmful sulfur dioxide emissions, thus contributing to cleaner air and meeting regulatory standards. This makes calcium formate a valuable component in industries such as power generation and manufacturing, where sulfur emissions are a significant concern. Additionally, its use as a feed additive helps improve livestock feed efficiency, reducing waste and improving overall productivity, further aligning with sustainable farming practices. The ability of calcium formate to enhance product performance while minimizing environmental impact drives its increasing adoption across various sectors.
Beyond its industrial applications, the environmentally friendly nature of calcium formate extends to its biodegradable and non-toxic characteristics, which makes it safer for both humans and animals. As environmental concerns rise globally, industries are increasingly turning to sustainable materials, and calcium formate serves as a viable alternative to traditional chemical additives that may pose environmental risks. Its use in various applications, such as leather tanning and textiles, also underscores its role in helping companies comply with stricter environmental regulations, providing an eco-conscious solution to industries seeking to reduce their carbon footprint.
Restraints
- High Production Costs
- Availability of Alternatives
- Regulatory Challenges: the market for calcium formate is growing, the industry faces several regulatory challenges that could impact its adoption across different sectors. One of the primary challenges is meeting the varying regulatory standards set by governments for chemical additives used in construction, agriculture, and other industries. In some regions, such as the European Union and North America, the regulations around the use of chemicals in feed additives, construction materials, and other applications are becoming stricter, requiring manufacturers to adhere to more rigorous safety and environmental protocols. These regulations may lead to increased compliance costs and potentially slow the market growth, especially for smaller companies without the resources to navigate these complex requirements.
Another regulatory challenge is the ongoing push for sustainability and eco-friendly solutions, which is influencing both product development and industry practices. While calcium formate is considered an environmentally friendly option, its production process still involves some environmental impact. Regulatory bodies are increasingly focusing on reducing carbon emissions, waste, and pollution from manufacturing processes. This shift may require producers of calcium formate to innovate and invest in more sustainable production technologies. Compliance with evolving standards can be costly and time-consuming but is necessary for companies to maintain a competitive edge in an environmentally conscious marketplace.
Opportunities
- Increasing Applications in Emerging Markets
- Advancements in Product Development
- Rising Demand for Sustainable Solutions:The growing emphasis on sustainable solutions across various industries is one of the key drivers of the calcium formate market. As industries strive to reduce their environmental footprint, there is an increasing demand for chemicals and materials that offer performance benefits without compromising sustainability. Calcium formate's use in flue gas desulfurization to reduce sulfur dioxide emissions aligns perfectly with this trend, as it helps industries meet environmental standards while improving efficiency. Furthermore, its use as a feed additive promotes more efficient livestock farming, reducing waste and resource consumption, which is essential as the world faces growing food security concerns. As consumers and businesses prioritize sustainability, calcium formate's role in eco-friendly applications is likely to expand.
The demand for sustainable construction and environmentally responsible manufacturing processes is also contributing to the rise of calcium formate in the market. In the construction sector, calcium formate is used as a concrete-setting accelerator, helping to reduce energy consumption and improve the durability of concrete, which in turn decreases the need for frequent repairs and reduces the overall environmental impact of construction activities. With governments and private sectors increasingly focused on green building practices and low-carbon technologies, the demand for products like calcium formate that promote sustainability is expected to rise. This shift towards sustainable solutions will likely accelerate the growth of the calcium formate market, as industries seek environmentally responsible alternatives for their operations.
Competitive Landscape Analysis
Key players in Global Calcium Formate Market include:
- Zhanhua Binbo Chemical Co., Ltd.
- Perstop
- Huanghua Pengfa Chemical Co., Ltd.
- ZIBO AIHENG NEW MATERIAL CO., LTD
- Linyi Fano Biotech Co., Ltd.
- SIDLEY CHEMICAL CO., LTD.
- Henan Botai Chemical Building Materials Co., Ltd.
- ZIBO RUIBAO CHEMICAL CO.LTD
- Zouping Fenlian Biotech Co., Ltd.
- GELEST, INC.
- GEO Specialty Chemicals
- LANXESS
- Krishna Chemicals
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Grade
- Market Snapshot, By Application
- Market Snapshot, By Region
- Calcium Formate Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand in the Construction Industry
- Growing Use in Animal Feed Additives
- Environmentally Friendly Properties
- Restraints
- High Production Costs
- Availability of Alternatives
- Regulatory Challenges
- Opportunities
- Increasing Applications in Emerging Markets
- Advancements in Product Development
- Rising Demand for Sustainable Solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Calcium Formate Market, By Grade, 2021 - 2031 (USD Million)
- Feed Grade
- Industrial Grade
- Calcium Formate Market, By Application, 2021 - 2031 (USD Million)
- Tile Additives
- Feed Additive
- Concrete-setting Accelerators
- Leather Tanning
- Drilling Fluids
- Textile Auxiliaries
- Flue Gas Desulfurization Additives
- Others
- Calcium Formate Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Calcium Formate Market, By Grade, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Zhanhua Binbo Chemical Co., Ltd.
- Perstop
- Huanghua Pengfa Chemical Co., Ltd.
- ZIBO AIHENG NEW MATERIAL CO., LTD
- Linyi Fano Biotech Co., Ltd.
- SIDLEY CHEMICAL CO., LTD.
- Henan Botai Chemical Building Materials Co., Ltd.
- ZIBO RUIBAO CHEMICAL CO.LTD
- Zouping Fenlian Biotech Co., Ltd.
- GELEST, INC.
- GEO Specialty Chemicals
- LANXESS
- Krishna Chemicals
- Company Profiles
- Analyst Views
- Future Outlook of the Market