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Calcium Formate Market Overview, Size, Growth & Forecast 2025-2034

03-05-2025 02:30 PM CET | Chemicals & Materials

Press release from: Expert Market Research

Calcium Formate Market Overview, Size, Growth & Forecast

According to the report by Expert Market Research (EMR), the global calcium formate market size reached a value of USD 624.0 million in 2024. Aided by the growing construction sector, rising use in animal feed additive, and stringent environmental regulations, the market is projected to further grow at a CAGR of 5.2% between 2025 and 2034 to reach a value of USD 984.8 million by 2034.

Calcium formate is a calcium salt of formic acid with the chemical formula Ca(HCOO)2. It is commonly produced by neutralising formic acid with calcium carbonate or calcium hydroxide. The compound exists as a white crystalline powder with excellent solubility in water, making it a versatile additive in various industries.

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Calcium formate finds extensive use in the construction sector as an additive in cement and concrete formulations. It acts as a setting accelerator, improving the early strength development of concrete and reducing setting times. With the rapid growth of infrastructure projects worldwide, particularly in emerging economies, the demand for calcium formate in construction applications is on the rise, driving the calcium formate market growth.

In animal nutrition, calcium formate serves as a source of calcium and formic acid, offering benefits such as improved digestibility, feed efficiency, and growth performance in livestock and poultry. As the global population continues to expand, there is a growing need to enhance livestock productivity and address health challenges in animal farming. Consequently, the demand for calcium formate as a feed additive is increasing, especially in the poultry and swine industries, consequently driving up the calcium formate market share.

Calcium formate is recognised as an eco-friendly alternative to traditional additives in various applications due to its biodegradability and non-toxic nature. As governments worldwide implement stringent environmental regulations and sustainability initiatives, multiple sectors are increasingly adopting calcium formate as a sustainable solution to reduce environmental impact and comply with regulatory standards, further driving market growth.

In the leather sector, calcium formate serves as a pickling agent and buffer in the tanning process, facilitating the removal of hair and epidermis from hides and skins. The compound helps regulate pH levels, prevent microbial growth, and improve the efficiency of tanning agents. With the growing demand for leather products in the fashion, automotive, and furniture sectors, the demand for calcium formate in leather tanning applications is expected to remain robust.

Ongoing research and development activities focus on enhancing the efficiency and versatility of calcium formate-based products through technological innovations. Advanced manufacturing processes, formulation techniques, and product formulations are expected to drive market growth and expand application areas in the coming years, leading to calcium formate market expansion.

Collaboration between market stakeholders, research institutions, and academia fosters innovation, product development, and market penetration strategies. Joint ventures, partnerships, and strategic alliances enable companies to leverage complementary strengths, resources, and expertise to address evolving market needs and gain competitive advantages.

As per the calcium formate market analysis, the Asia Pacific region has emerged as one of the prominent markets for the global calcium formate sector. In 2020, this region accounted for the largest share of the calcium formate market. The increasing consumption of calcium formate in sectors such as construction, chemicals, leather and textile, and animal husbandry in countries like India, Japan, China, and South Korea has significantly contributed to the strong demand for calcium formate in the Asia Pacific region. On the other hand, Europe is expected to experience significant growth in the calcium formate sector, primarily driven by the rising demand from the feed sector. Furthermore, the utilisation of calcium methanoate in various construction applications is also a crucial factor propelling the market growth in Europe.

Market Segmentation

The market can be divided based on the grade, application, and region

Market Breakup by Grade

Feed Grade
Industrial Grade

Market Breakup by Application

Feed Additive
Leather Tanning
Textile Additive
Concrete-Setting Accelerators
Flue Gas Desulphurisation
Drilling Fluids
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

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Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global calcium formate market. Some of the major players explored in the report by Expert Market Research are as follows:

Lanxess AG
Huanghua Pengfa Chemical Co., Ltd
Perstorp Holding AB
GEO Specialty Chemicals, Inc
Shandong Baoyuan Chemicals Co., Ltd.
Jiangxi Kosin Frontier Technology Co., Ltd.
Others

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Media Contact:

Company Name: Claight Corporation
Contact Person: Anna Poliatova, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

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