Calcium Formate Market
By Grade;
Feed Grade and Industrial GradeBy Application;
Feed Additive, Concrete Additive, Textile Dyeing & Finishing and OthersBy End Use;
Construction, Leather & Textile, Animal Husbandry, Power Generation and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Calcium Formate Market Overview
Calcium Formate Market (USD Million)
Calcium Formate Market was valued at USD 641.28 million in the year 2024. 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 |
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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 Calcium Formate Market is expanding rapidly, driven by its widespread use as a cement additive and accelerator in construction. Over 47% of demand is tied to concrete applications, where it improves setting efficiency and enhances durability. Its effectiveness in strengthening building materials makes it vital to infrastructure and industrial projects.
Rising Demand in Animal Nutrition
In animal feed, calcium formate plays a crucial role as a preservative and acidifier, supporting healthier livestock and better feed utilization. Nearly 35% of feed manufacturers rely on it to improve gut function, extend storage life, and enhance nutrient absorption. This growing reliance demonstrates its rising importance in agricultural applications.
Adoption in Leather and Textile Processing
The leather and textile sectors are also embracing calcium formate for quality enhancement. About 30% of tanneries and textile facilities integrate it for chrome tanning and dyeing support, where it improves processing efficiency and end-product quality. This adoption highlights its versatile functionality across specialized industries.
Applications in Chemical and Industrial Processes
Industrial and chemical processes further expand calcium formate’s usage. Approximately 28% of such applications report improvements in stability, corrosion resistance, and performance consistency with its inclusion. Its role as a reliable auxiliary chemical makes it increasingly valuable to industrial manufacturing.
Future Growth Potential
Looking forward, the calcium formate market is expected to strengthen its position across industries. More than 50% of ongoing industrial projects are planning to increase usage for efficiency gains and product improvement. Its wide application base ensures it will remain a critical material in construction, agriculture, leather, textiles, and beyond.
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.
Calcium Formate Market Competitive Landscape Analysis
Calcium Formate Market is shaped by a competitive landscape where leading companies leverage strategic partnerships and collaboration to strengthen market presence. Top-tier players hold around 70% of market share. Continuous innovation in production processes and applications drives sustained growth and a strong future outlook.
Market Structure and Concentration
The market exhibits moderate concentration, with key players controlling nearly 65% of total revenue. Companies pursue strategic mergers and collaboration to consolidate positions. Mid-sized participants invest in technological advancements to enhance efficiency, ensuring steady expansion and fostering competitive growth across industrial and chemical segments.
Brand and Channel Strategies
Major companies focus on strong branding and multi-channel distribution covering approximately 60% of market reach. Strategic partnerships with distributors and end-users enhance visibility. Innovative strategies across direct and indirect channels drive market penetration, supporting long-term growth and regional expansion.
Innovation Drivers and Technological Advancements
Technological advancements and innovation are central to the Calcium Formate market, with over 55% of new developments focusing on eco-efficient production and enhanced application performance. Companies engage in R&D collaborations and partnerships to improve quality. Continuous innovation strengthens operational efficiency and the future outlook.
Regional Momentum and Expansion
Regional expansion is concentrated in areas representing more than 60% of demand. Companies leverage strategic partnerships with local distributors and chemical manufacturers. Technology-driven initiatives contribute to sustained growth, while cross-border collaboration accelerates adoption and supports ongoing market innovation.
Future Outlook
The Calcium Formate market is poised for steady growth, with nearly 50% of innovations centered on sustainable processes and advanced formulations. Strategic collaboration and mergers enhance competitiveness. Continued focus on technological advancements and regional expansion underpins a robust future outlook for the Calcium Formate Market.
Key players in Calcium Formate Market include:
- LANXESS
- Perstorp Holding AB
- Zibo Ruibao Chemical Co., Ltd.
- Geo Specialty Chemicals, Inc.
- Chongqing Chuandong Chemical (Group) Co., Ltd.
- Henan Botai Chemical Building Material Co., Ltd.
- Shandong Baoyuan Chemical Co., Ltd.
- SIDLEY Chemical Co., Ltd.
- American Elements
- Minerals Technologies Inc.
- Zouping Fenlian Biotech / Chemical Co., Ltd.
- Jiangxi Kosin Organic Chemical
- Hangzhou Focus Chemical Co., Ltd.
- Feicheng Acid Chemicals
- Wujiang Yingchuang Chemical Co., Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 End-Use Industry
- 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
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Calcium Formate Market, By End-Use Industry, 2021 - 2031 (USD Million)
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Construction
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Leather & Textile
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Animal Husbandry
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Chemicals
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Power Generation
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Others
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- 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
- LANXESS
- Perstorp Holding AB
- Zibo Ruibao Chemical Co., Ltd.
- Geo Specialty Chemicals, Inc.
- Chongqing Chuandong Chemical (Group) Co., Ltd.
- Henan Botai Chemical Building Material Co., Ltd.
- Shandong Baoyuan Chemical Co., Ltd.
- SIDLEY Chemical Co., Ltd.
- American Elements
- Minerals Technologies Inc.
- Zouping Fenlian Biotech / Chemical Co., Ltd.
- Jiangxi Kosin Organic Chemical
- Hangzhou Focus Chemical Co., Ltd.
- Feicheng Acid Chemicals
- Wujiang Yingchuang Chemical Co., Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market