Pune, Sept. 22, 2022 (GLOBE NEWSWIRE) — The globe formic acid market Size will gain momentum with the ever-increasing demand for this chemical. This information is provided by Fortune Business Insights™ in an upcoming report entitled “formic acid Market, 2022-2029.” In addition, the product is also used as an antibacterial agent, serving as a raw material for animal feed without affecting its nutritional value, which increases the demand from the dairy industry.

List of the main actors in the formic acid market:

  • BASF SE (Germany)
  • Feicheng Acid Chemicals Co.Ltd. (China)
  • Taminco Corporation (China)
  • Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (India)
  • Perstorp AB (Sweden)

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Scope and segmentation of the report:

report attribute details
base year 2021
historical years 2018 – 2020
Expected years 2022 – 2029
Covered Segments By product type, application and end use
Forecast Units Value (Billion USD) and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2022 to 2029
Regions Covered North America, Latin America, Europe, Asia Pacific, and Middle East & Africa
Countries Covered USA, Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others
Number of companies covered BASF SE (Germany), Feicheng Acid Chemicals Co.Ltd. (China), Taminco Corporation (China), Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (India), Perstorp AB (Sweden) and other players in profile.
report coverage Market Growth Drivers, Restraints, Opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Market Attractiveness Analysis by Segments and Regions, Company Market Share Analysis, and COVID-19 Impact Analysis.
customization area Take advantage of custom purchase options to meet your exact needs…

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