Formic Acid Market Report 2026
Download Free Sample Buy Now
Formic Acid Report Infographic Image
Item added to cart!

Published : February 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

Purchase This Report Download Sample PDF
Purchase This Report

Formic Acid Market Report 2026

Global Outlook – By Purity (Less Than 80% To 89.5%, 89.6% To 90.5%, 91.6% To 99%, More Than 99%), By Application (Leather Tanning, Textile Dyeing), By End-Use Industry (Leather, Textiles And Apparel) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Formic Acid Market Overview

• Formic Acid market size has reached to $1.86 billion in 2025

• Expected to grow to $2.45 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%

• Growth Driver: Growing Demand For Animal Feed Fuels Formic Acid Market Expansion

• Market Trend: Energy Generation Systems Transforming The Market

• Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Formic Acid Market?

Formic acid, also known as methanoic acid, refers to a colorless and highly soluble liquid in water with a pungent odor that is considered a strong acid. It is the simplest carboxylic acid used to process textiles and leather.

The formic acid is available in distinct types of purity, such as less than 80% to 89.5%, 89.6% to 90.5%, 91.6% to 99%, and more than 99%. Purity, less than 80% to 89.5%, typically refers to a lower-purity formic acid, which may contain impurities and other substances. These are used in several applications, including animal feed, silage, leather tanning, and textile dyeing, and are used by various end-use industries, such as agriculture, leather, textiles and apparel, healthcare, rubber, chemicals, paper, and others.

Formic Acid Market Global Report market report bar graph

What Is The Formic Acid Market Size and Share 2026?

The formic acid market size has grown strongly in recent years. It will grow from $1.86 billion in 2025 to $1.96 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to expansion of livestock farming activities, growth of leather tanning industries, increasing textile dyeing operations, rising demand for organic acids, availability of industrial-grade formic acid.

What Is The Formic Acid Market Growth Forecast?

The formic acid market size is expected to see strong growth in the next few years. It will grow to $2.45 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to rising demand for bio-based chemicals, increasing adoption in pharmaceutical synthesis, expansion of sustainable agriculture practices, growing use in rubber and chemical processing, increasing focus on green acid production. Major trends in the forecast period include increasing use of formic acid in animal feed preservation, rising demand in textile and leather processing, growing adoption in chemical synthesis applications, expansion of high-purity formic acid usage, enhanced focus on sustainable chemical production.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us

Global Formic Acid Market Segmentation

1) By Purity: Less Than 80% To 89.5%, 89.6% To 90.5%, 91.6% To 99%, More Than 99%

2) By Application: Leather Tanning, Textile Dyeing

3) By End-Use Industry: Leather, Textiles And Apparel

Subsegments:

1) By Less Than 80% To 89.5%: Technical Grade Formic Acid, Industrial Grade Formic Acid

2) By 89.6% To 90.5%: Food Grade Formic Acid, Pharmaceutical Grade Formic Acid

3) By 91.6% To 99%: High Purity Formic Acid, Laboratory Grade Formic Acid

4) By More Than 99%: Ultra-Pure Formic Acid, Research Grade Formic Acid

What Is The Driver Of The Formic Acid Market?

The growing demand for animal feed is expected to boost the growth of the formic acid market going forward. Animal feed is a substance that refers to the food grown or developed for livestock and poultry. It is an edible item that an animal consumes and uses to supplement its diet with energy, minerals, or both. Formic acid is commonly used as an additive in animal feed to improve preservation, nutritional value, and overall animal health. It is used as a preservative and antibacterial agent in livestock feed. For instance, in July 2023, according to the Malaysian Investment Development Authority, a Malaysia-based government agency, in 2023, farmers are paying up to RM 80 for a 50kg bag of cattle feed, a significant increase from RM 45 in January 2022, reflecting the rising costs associated with importing livestock feed materials. Therefore, the growing demand for animal feed is driving the growth of the formic acid industry.

What Is The Driver Of The Formic Acid Market?

The growing demand for animal feed is expected to boost the growth of the formic acid market going forward. Animal feed is a substance that refers to the food grown or developed for livestock and poultry. It is an edible item that an animal consumes and uses to supplement its diet with energy, minerals, or both. Formic acid is commonly used as an additive in animal feed to improve preservation, nutritional value, and overall animal health. It is used as a preservative and antibacterial agent in livestock feed. For instance, in July 2023, according to the Malaysian Investment Development Authority, a Malaysia-based government agency, in 2023, farmers are paying up to RM 80 for a 50kg bag of cattle feed, a significant increase from RM 45 in January 2022, reflecting the rising costs associated with importing livestock feed materials. Therefore, the growing demand for animal feed is driving the growth of the formic acid industry.

Global Formic Acid Market Trends and Insights

Major companies operating in the formic acid market are increasing their focus on introducing energy generation systems, such as hydrozine, to gain a competitive edge in the market. Energy generation systems refer to various technologies and setups designed to produce electrical or mechanical energy. For instance, in February 2023, Dutch Energy Solutions, a Denmark-based company, launched a new system that uses formic acid, also known as hydrozine, to generate power. This innovative technology can be used as a fuel or energy carrier and consists of a 20 kW generator and a 60 kWh battery. It is suitable for various applications, including electrified construction sites and potentially even vehicles. The system has undergone testing and is currently being further developed for both stationery and mobile applications to make sustainable energy more accessible and cost-effective.

Need data on a specific region in this market?
Request Regional Data

What Are Latest Mergers And Acquisitions In The Formic Acid Market?

In August 2025, OCOchem, a US-based carbon utilization company, formed a partnership with Archer Daniels Midland Company (ADM) to develop an innovative CO2 conversion facility. The collaboration aims to advance sustainable carbon utilization by converting captured CO2 into high-value products, enhancing environmental impact, and supporting growth in the carbon management and industrial biotechnology markets. ADM is a US-based food processing company global leader in agricultural processing and bio-based solutions, focused on sustainable innovation and expanding its low-carbon product portfolio.

Regional Insights

Asia-Pacific was the largest region in the formic acid market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Formic Acid Market?

The formic acid market consists of sales of hydrogen carboxylic acid, liquid formic acid, and aritan white formic acid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Formic Acid Market Report 2026?

The formic acid market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the formic acid industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Formic Acid Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $1.96 billion
Revenue Forecast In 2035 $2.45 billion
Growth Rate CAGR of 5.5% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Purity, Application, End-Use Industry
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled BASF SE, Perstorp Holding AB, LANXESS AG, Eastman Chemical Company, Wanhua Chemical Group Co., Ltd., Luxi Chemical Group Co., Ltd., Feicheng Acid Chemicals Co., Ltd., Chongqing Chuandong Chemical (Group) Co., Ltd., Gujarat Narmada Valley Fertilizers And Chemicals Limited, Rashtriya Chemicals And Fertilizers Limited, Mitsubishi Chemical Group Corporation, Shandong Acid Chemical Co., Ltd., Anhui Asahi Kasei Chemical Co., Ltd., Jiangsu Sopo (Group) Co., Ltd., Shandong Fuhai Industrial Group Co., Ltd., OQ Chemicals GmbH, SABIC, Tokyo Chemical Industry Co., Ltd., Helm AG, Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd.
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Formic Acid Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Formic Acid Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Formic Acid Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Formic Acid Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Sustainability, Climate Tech & Circular Economy

4.1.2 Industry 4.0 & Intelligent Manufacturing

4.1.3 Biotechnology, Genomics & Precision Medicine

4.1.4 Digitalization, Cloud, Big Data & Cybersecurity

4.1.5 Electric Mobility & Transportation Electrification

4.2. Major Trends

4.2.1 Increasing Use Of Formic Acid In Animal Feed Preservation

4.2.2 Rising Demand In Textile And Leather Processing

4.2.3 Growing Adoption In Chemical Synthesis Applications

4.2.4 Expansion Of High-Purity Formic Acid Usage

4.2.5 Enhanced Focus On Sustainable Chemical Production

5. Formic Acid Market Analysis Of End Use Industries

5.1 Agriculture Companies

5.2 Leather Processing Units

5.3 Textile Manufacturers

5.4 Chemical Producers

5.5 Rubber Processing Companies

6. Formic Acid Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Formic Acid Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Formic Acid PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Formic Acid Market Size, Comparisons And Growth Rate Analysis

7.3. Global Formic Acid Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Formic Acid Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Formic Acid Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Formic Acid Market Segmentation

9.1. Global Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Less Than 80% To 89.5%, 89.6% To 90.5%, 91.6% To 99%, More Than 99%

9.2. Global Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Leather Tanning, Textile Dyeing

9.3. Global Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Leather, Textiles And Apparel

9.4. Global Formic Acid Market, Sub-Segmentation Of Less Than 80% To 89.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Technical Grade Formic Acid, Industrial Grade Formic Acid

9.5. Global Formic Acid Market, Sub-Segmentation Of 89.6% To 90.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Food Grade Formic Acid, Pharmaceutical Grade Formic Acid

9.6. Global Formic Acid Market, Sub-Segmentation Of 91.6% To 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

High Purity Formic Acid, Laboratory Grade Formic Acid

9.7. Global Formic Acid Market, Sub-Segmentation Of More Than 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Ultra-Pure Formic Acid, Research Grade Formic Acid

10. Formic Acid Market Regional And Country Analysis

10.1. Global Formic Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Formic Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Formic Acid Market

11.1. Asia-Pacific Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Formic Acid Market

12.1. China Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Formic Acid Market

13.1. India Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Formic Acid Market

14.1. Japan Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Formic Acid Market

15.1. Australia Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Formic Acid Market

16.1. Indonesia Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Formic Acid Market

17.1. South Korea Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Formic Acid Market

18.1. Taiwan Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Formic Acid Market

19.1. South East Asia Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Formic Acid Market

20.1. Western Europe Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Formic Acid Market

21.1. UK Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Formic Acid Market

22.1. Germany Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Formic Acid Market

23.1. France Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Formic Acid Market

24.1. Italy Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Formic Acid Market

25.1. Spain Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Formic Acid Market

26.1. Eastern Europe Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Formic Acid Market

27.1. Russia Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Formic Acid Market

28.1. North America Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Formic Acid Market

29.1. USA Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Formic Acid Market

30.1. Canada Formic Acid Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Formic Acid Market

31.1. South America Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Formic Acid Market

32.1. Brazil Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Formic Acid Market

33.1. Middle East Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Formic Acid Market

34.1. Africa Formic Acid Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Formic Acid Market, Segmentation By Purity, Segmentation By Application, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Formic Acid Market Regulatory and Investment Landscape

36. Formic Acid Market Competitive Landscape And Company Profiles

36.1. Formic Acid Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Formic Acid Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Formic Acid Market Company Profiles

36.3.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Perstorp Holding AB Overview, Products and Services, Strategy and Financial Analysis

36.3.3. LANXESS AG Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Eastman Chemical Company Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Wanhua Chemical Group Co., Ltd. Overview, Products and Services, Strategy and Financial Analysis

37. Formic Acid Market Other Major And Innovative Companies

Luxi Chemical Group Co., Ltd., Feicheng Acid Chemicals Co., Ltd., Chongqing Chuandong Chemical (Group) Co., Ltd., Gujarat Narmada Valley Fertilizers And Chemicals Limited, Rashtriya Chemicals And Fertilizers Limited, Mitsubishi Chemical Group Corporation, Shandong Acid Chemical Co., Ltd., Anhui Asahi Kasei Chemical Co., Ltd., Jiangsu Sopo (Group) Co., Ltd., Shandong Fuhai Industrial Group Co., Ltd., OQ Chemicals GmbH, SABIC, Tokyo Chemical Industry Co., Ltd., Helm AG, Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd.

38. Global Formic Acid Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Formic Acid Market

40. Formic Acid Market High Potential Countries, Segments and Strategies

40.1 Formic Acid Market In 2030 - Countries Offering Most New Opportunities

40.2 Formic Acid Market In 2030 - Segments Offering Most New Opportunities

40.3 Formic Acid Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Formic Acid Market, Overview Of Key Products - Product Examples
  • Table 2: Global Formic Acid Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Formic Acid Market, Supply Chain Analysis
  • Table 4: Global Formic Acid Market, Major Raw Material Providers
  • Table 5: Global Formic Acid Market, Major Resource Providers
  • Table 6: Global Formic Acid Market, Major Manufacturers (Suppliers)
  • Table 7: Global Formic Acid Market, Major Distributors And Channel Partners
  • Table 8: Global Formic Acid Market, Key Technologies & Future Trends
  • Table 9: Global Formic Acid Market, Major Trends
  • Table 10: Global Formic Acid Market, Major End Users
  • Table 11: Global Formic Acid Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Formic Acid Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Formic Acid Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Formic Acid Market - TAM, US$ Billion, 2025
  • Table 15: Global Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Formic Acid Market, Sub-Segmentation Of Less Than 80% To 89.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Formic Acid Market, Sub-Segmentation Of 89.6% To 90.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Formic Acid Market, Sub-Segmentation Of 91.6% To 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Formic Acid Market, Sub-Segmentation Of More Than 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Formic Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Formic Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Global Formic Acid Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 97: Global Formic Acid Market - Company Scoring Matrix
  • Table 98: BASF SE Financial Performance
  • Table 99: Perstorp Holding AB Financial Performance
  • Table 100: LANXESS AG Financial Performance
  • Table 101: Eastman Chemical Company Financial Performance
  • Table 102: Wanhua Chemical Group Co., Ltd. Financial Performance
  • Table 103: Global Formic Acid Market, Competitive Benchmarking (In USD Billions)
  • Table 104: Global Formic Acid Market, Competitive Dashboard
  • Table 105: Global Formic Acid Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 106: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By Purity, 2025 – 2030
  • Table 107: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Table 108: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

List Of Figures

    Figure 1: Global Formic Acid Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Formic Acid Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Formic Acid Market, Supply Chain Analysis
  • Figure 4: Global Formic Acid Market, Major Raw Material Providers
  • Figure 5: Global Formic Acid Market, Major Resource Providers
  • Figure 6: Global Formic Acid Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Formic Acid Market, Major Distributors And Channel Partners
  • Figure 8: Global Formic Acid Market, Key Technologies & Future Trends
  • Figure 9: Global Formic Acid Market, Major Trends
  • Figure 10: Global Formic Acid Market, Major End Users
  • Figure 11: Global Formic Acid Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Formic Acid Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Formic Acid Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Formic Acid Market - TAM, US$ Billion, 2025
  • Figure 15: Global Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Formic Acid Market, Sub-Segmentation Of Less Than 80% To 89.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Formic Acid Market, Sub-Segmentation Of 89.6% To 90.5%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Formic Acid Market, Sub-Segmentation Of 91.6% To 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Formic Acid Market, Sub-Segmentation Of More Than 99%, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Formic Acid Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Formic Acid Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Formic Acid Market, Segmentation By Purity, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Formic Acid Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Formic Acid Market, Segmentation By End-Use Industry, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Global Formic Acid Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 97: Global Formic Acid Market - Company Scoring Matrix
  • Figure 98: BASF SE Financial Performance
  • Figure 99: Perstorp Holding AB Financial Performance
  • Figure 100: LANXESS AG Financial Performance
  • Figure 101: Eastman Chemical Company Financial Performance
  • Figure 102: Wanhua Chemical Group Co., Ltd. Financial Performance
  • Figure 103: Global Formic Acid Market, Competitive Benchmarking (In USD Billions)
  • Figure 104: Global Formic Acid Market, Competitive Dashboard
  • Figure 105: Global Formic Acid Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 106: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By Purity, 2025 – 2030
  • Figure 107: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By Application, 2025 – 2030
  • Figure 108: Global, Formic Acid Market Size Gain ($ Billion), Segmentation By End-Use Industry, 2025 – 2030

Explore the key trends, growth drivers, and market forecast for the global circular polymer market through 2029.

Read More About Explore the key trends, growth drivers, and market forecast for the global circular polymer market through 2029.

Examine TBRC’s analysis of market growth, applications, and regional demand trends for Hypochlorous Acid.

Read More About Examine TBRC’s analysis of market growth, applications, and regional demand trends for Hypochlorous Acid.

Understanding Key Drivers and Growth Opportunities in the Alcohol Based Disinfectants Market: Trends and Market Size Insights

Read More About Understanding Key Drivers and Growth Opportunities in the Alcohol Based Disinfectants Market: Trends and Market Size Insights

White Wine Market 2024 – By Type (Chardonnay, Pinot Grigio, Sauvignon Blanc, Viognier, Albarino, Riesling, Other Types), By Body Type (Light-Bodied, Medium-Bodied, Full-Bodied), By Sales Channel (Off-Trade, On-Trade), By...

Virtual Reality (VR) In Medical Simulation Market Report 2026 - Global Outlook – By Age Group (Adult, Children, Infant), By Application (Medical Education, Virtual Reality In Diagnostics, Pain Management, Mental Illness ...

Hemp Based Foods Market Report 2026 - Global Outlook – By Product (Hemp Seed Oil, Hemp Protein Powder, Whole Hemp Seed, Hulled Hemp Seed), By Distribution Channel (Food Retail, Online and Specialty Or Health Stores), By ...

Automotive Platooning System Market Report 2026 - Global Outlook – By Type (Vehicle-To-Vehicle (V2V), Vehicle-To-Infrastructure (V2I), Vehicle-To-Everything (V2X)), By Components (Hardware, Software), By Application (Hea...

Orange Juice Market Report 2026 - Global Outlook – By Product Type (Frozen Concentrated Orange Juice, Not From Concentrate, Canned Orange Juice, Fresh-Squeezed Orange juice, Dehydrated Orange Juice, Other Product Types),...

Malaria Vaccines Market Report 2026 - Global Outlook – By Agent (Plasmodium Falciparum, Plasmodium Vivax), By Vaccine Type (Pre-Erythrocytic, Erythrocytic, Multi-antigen, Other Vaccines), By Route Of Administration (Intr...

Industrial Cybersecurity Market Report 2026 - Global Outlook – By Type (Network Security, Endpoint Security, Application Security, Cloud Security), By Component (Products, Software, Services), By Solutions (Antivirus, Fi...

Flexible Heater Market Report 2026 - Global Outlook – By Type ( Silicone Rubber-Based, Polyimide-Based, Polyester-Based, Mica-Based, Other Types ), By Distribution Channel ( Retail, Supermarket, Online, Offline, Other Di...

Frequently Asked Questions

The Formic Acid market was valued at $1.86 billion in 2025, increased to $1.96 billion in 2026, and is projected to reach $2.45 billion by 2030.

The global Formic Acid market is expected to grow at a CAGR of 5.71% from 2026 to 2035 to reach $2.45 billion by 2035.

Some Key Players in the Formic Acid market Include, BASF SE, Perstorp Holding AB, LANXESS AG, Eastman Chemical Company, Wanhua Chemical Group Co., Ltd., Luxi Chemical Group Co., Ltd., Feicheng Acid Chemicals Co., Ltd., Chongqing Chuandong Chemical (Group) Co., Ltd., Gujarat Narmada Valley Fertilizers And Chemicals Limited, Rashtriya Chemicals And Fertilizers Limited, Mitsubishi Chemical Group Corporation, Shandong Acid Chemical Co., Ltd., Anhui Asahi Kasei Chemical Co., Ltd., Jiangsu Sopo (Group) Co., Ltd., Shandong Fuhai Industrial Group Co., Ltd., OQ Chemicals GmbH, SABIC, Tokyo Chemical Industry Co., Ltd., Helm AG, Zibo Xinhua-Perrigo Pharmaceutical Co., Ltd. .

Major trend in this market includes: Energy Generation Systems Transforming The Market. For further insights on this market. request a sample here

Asia-Pacific was the largest region in the formic acid market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in the formic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us