Global Calcium Formate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Grade;

Feed Grade and Industrial Grade.

By Application;

Tile Additives, Feed Additive, Concrete-Setting Accelerators, Leather Tanning, Drilling Fluids, Textile Auxiliaries, Flue Gas Desulfurization Additives and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn672243544 Published Date: March, 2025 Updated Date: April, 2025

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%.

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Calcium Formate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand in the Construction Industry
        2. Growing Use in Animal Feed Additives
        3. Environmentally Friendly Properties
      2. Restraints
        1. High Production Costs
        2. Availability of Alternatives
        3. Regulatory Challenges
      3. Opportunities
        1. Increasing Applications in Emerging Markets
        2. Advancements in Product Development
        3. Rising Demand for Sustainable Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Calcium Formate Market, By Grade, 2021 - 2031 (USD Million)
      1. Feed Grade
      2. Industrial Grade
    2. Global Calcium Formate Market, By Application, 2021 - 2031 (USD Million)
      1. Tile Additives
      2. Feed Additive
      3. Concrete-setting Accelerators
      4. Leather Tanning
      5. Drilling Fluids
      6. Textile Auxiliaries
      7. Flue Gas Desulfurization Additives
      8. Others
    3. Global Calcium Formate Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Zhanhua Binbo Chemical Co., Ltd.
      2. Perstop
      3. Huanghua Pengfa Chemical Co., Ltd.
      4. ZIBO AIHENG NEW MATERIAL CO., LTD
      5. Linyi Fano Biotech Co., Ltd.
      6. SIDLEY CHEMICAL CO., LTD.
      7. Henan Botai Chemical Building Materials Co., Ltd.
      8. ZIBO RUIBAO CHEMICAL CO.LTD
      9. Zouping Fenlian Biotech Co., Ltd.
      10. GELEST, INC.
      11. GEO Specialty Chemicals
      12. LANXESS
      13. Krishna Chemicals
  7. Analyst Views
  8. Future Outlook of the Market