ギ酸市場：製造方法、グレード、用途別-2025-2030年の世界予測

ギ酸市場は、2023年に10億7,000万米ドルと評価され、2024年には10億9,000万米ドルに達すると予測され、CAGR 4.83%で成長し、2030年には14億9,000万米ドルに達すると予測されています。

ギ酸は、刺激臭のある無色の液体で、主にメタノールから誘導される単純なカルボン酸です。様々な産業、特に農業、皮革、繊維、医薬品に応用されています。ギ酸の必要性は、防腐剤、抗菌剤として、また農業分野ではサイレージの保存と家畜の消化を促進するために不可欠な飼料添加物として使用されていることから生じています。繊維産業や皮革産業では染色やなめしに利用され、医薬品では製剤の中間体として利用されています。持続可能で環境に優しい製品への注目の高まりは、生分解性を持つ天然の代替品として、ギ酸市場に大きな影響を与えています。動物飼料産業の成長に支えられた農業セクターからの需要の高まりが、主要な成長促進要因となっています。さらに、繊維加工における技術革新と動物の健康に関する意識の高まりが、市場拡大をさらに後押ししています。しかし、厳しい環境規制、変動する原料価格、合成化学品との競合が注目すべき課題となっています。また、ギ酸市場は、その腐食性による制限にも直面しており、慎重な取り扱いと保管が必要となるため、潜在的に運用コストが増大する可能性があります。ギ酸市場の成長機会としては、バイオプラスチックやギ酸エステルへの新たな利用、医療需要の増加による製薬業界の成長が挙げられます。こうした機会を生かすために、企業はその生分解性と抗菌性を活用した革新的な用途に焦点を当てるべきです。コストと環境への影響を低減するための生産技術改善の調査も、競争優位性をもたらす可能性があります。同市場は適度なレベルの統合を特徴としており、主要プレーヤーは製品提供の強化と新興国での足跡拡大のために研究開発に投資しています。持続可能性が中心テーマとなる中、エネルギー効率に優れ、環境に優しい生産プロセスをターゲットとしたイノベーションが、今後の成長の道を開くと思われます。

市場力学：急速に進化するギ酸市場の主要市場インサイトを公開

ギ酸市場は、需要と供給のダイナミックな相互作用によって変貌を遂げています。このような市場力学の進化を理解することで、企業は十分な情報に基づいた投資決定、戦略的意思決定、新たなビジネスチャンスの獲得を行うことができます。これらの動向を包括的に把握することで、企業は政治的、地理的、技術的、社会的、経済的な領域にわたる様々なリスクを軽減することができるとともに、消費者行動とそれが製造コストや購買動向に与える影響をより明確に理解することができます。

• 市場促進要因
  • 家畜飼料需要の急増
  • 医薬品用途でのギ酸の使用拡大
  • 経済におけるゴム需要の増加
• 市場抑制要因
  • 高コストと生産に必要なエネルギー
• 市場機会
  • 継続的な調査による応用範囲の拡大
  • ギ酸の持続可能な生産への注目の高まり
• 市場の課題
  • ギ酸の取り扱いと保管に関する問題

ポーターのファイブフォース：ギ酸市場をナビゲートする戦略ツール

ポーターのファイブフォースフレームワークは、ギ酸市場の競合情勢を理解するための重要なツールです。ポーターのファイブフォース・フレームワークは、企業の競争力を評価し、戦略的機会を探るための明確な手法を提供します。このフレームワークは、企業が市場内の勢力図を評価し、新規事業の収益性を判断するのに役立ちます。これらの洞察により、企業は自社の強みを活かし、弱みに対処し、潜在的な課題を回避することができ、より強靭な市場でのポジショニングを確保することができます。

PESTLE分析：ギ酸市場における外部からの影響の把握

外部マクロ環境要因は、ギ酸市場の業績ダイナミクスを形成する上で極めて重要な役割を果たします。政治的、経済的、社会的、技術的、法的、環境的要因の分析は、これらの影響をナビゲートするために必要な情報を提供します。PESTLE要因を調査することで、企業は潜在的なリスクと機会をよりよく理解することができます。この分析により、企業は規制、消費者の嗜好、経済動向の変化を予測し、先を見越した積極的な意思決定を行う準備ができます。

市場シェア分析ギ酸市場における競合情勢の把握

ギ酸市場の詳細な市場シェア分析により、ベンダーの業績を包括的に評価することができます。企業は、収益、顧客ベース、成長率などの主要指標を比較することで、競争上のポジショニングを明らかにすることができます。この分析により、市場の集中、断片化、統合の動向が明らかになり、ベンダーは競争が激化する中で自社の地位を高める戦略的意思決定を行うために必要な知見を得ることができます。

FPNVポジショニング・マトリックスギ酸市場におけるベンダーのパフォーマンス評価

FPNVポジショニングマトリックスは、ギ酸市場においてベンダーを評価するための重要なツールです。このマトリックスにより、ビジネス組織はベンダーのビジネス戦略と製品満足度に基づき評価することで、目標に沿った十分な情報に基づいた意思決定を行うことができます。4つの象限によってベンダーを明確かつ正確にセグメント化し、戦略目標に最適なパートナーやソリューションを特定することができます。

戦略分析と推奨ギ酸市場における成功への道筋を描く

ギ酸市場の戦略分析は、世界市場でのプレゼンス強化を目指す企業にとって不可欠です。主要なリソース、能力、業績指標を見直すことで、企業は成長機会を特定し、改善に取り組むことができます。このアプローチにより、競合情勢における課題を克服し、新たなビジネスチャンスを活かして長期的な成功を収めるための体制を整えることができます。

本レポートでは、主要な注目分野を網羅した市場の包括的な分析を提供しています：

1.市場の浸透度：現在の市場環境の詳細なレビュー、主要企業による広範なデータ、市場でのリーチと全体的な影響力の評価。

2.市場の開拓度：新興市場における成長機会を特定し、既存分野における拡大可能性を評価し、将来の成長に向けた戦略的ロードマップを提供します。

3.市場の多様化：最近の製品発売、未開拓の地域、業界の主要な進歩、市場を形成する戦略的投資を分析します。

4.競合の評価と情報：競合情勢を徹底的に分析し、市場シェア、事業戦略、製品ポートフォリオ、認証、規制当局の承認、特許動向、主要企業の技術進歩などを検証します。

5.製品開発およびイノベーション：将来の市場成長を促進すると期待される最先端技術、研究開発活動、製品イノベーションをハイライトしています。

また、利害関係者が十分な情報を得た上で意思決定できるよう、重要な質問にも答えています：

1.現在の市場規模と今後の成長予測は？

2.最高の投資機会を提供する製品、セグメント、地域はどこか？

3.市場を形成する主な技術動向と規制の影響とは？

4.主要ベンダーの市場シェアと競合ポジションは？

5.ベンダーの市場参入・撤退戦略の原動力となる収益源と戦略的機会は何か？

目次

第1章 序文

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 市場の概要

第5章 市場洞察

• 市場力学
  • 促進要因
    • 家畜飼料の需要急増
    • ギ酸の医療用途への利用拡大
    • 経済におけるゴムの需要増加
  • 抑制要因
    • 生産コストとエネルギー消費量が高い
  • 機会
    • 応用範囲を拡大する継続的な調査
    • 持続可能な生産への注目が高まるギ酸
  • 課題
    • ギ酸の処理と保存に関する問題
• 市場セグメンテーション分析
• ポーターのファイブフォース分析
• PESTEL分析
  • 政治的
  • 経済
  • 社交
  • 技術的
  • 法律上
  • 環境

第6章 ギ酸市場製造方法別

• メタノールのカルボニル化
• シュウ酸

第7章 ギ酸市場：グレード別

• 84%
• 94%
• 99%

第8章 ギ酸市場：用途別

• 農業
• 化学ゴム
• 皮革・繊維
• 医薬品

第9章 南北アメリカのギ酸市場

• アルゼンチン
• ブラジル
• カナダ
• メキシコ
• 米国

第10章 アジア太平洋地域のギ酸市場

• オーストラリア
• 中国
• インド
• インドネシア
• 日本
• マレーシア
• フィリピン
• シンガポール
• 韓国
• 台湾
• タイ
• ベトナム

第11章 欧州・中東・アフリカのギ酸市場

• デンマーク
• エジプト
• フィンランド
• フランス
• ドイツ
• イスラエル
• イタリア
• オランダ
• ナイジェリア
• ノルウェー
• ポーランド
• カタール
• ロシア
• サウジアラビア
• 南アフリカ
• スペイン
• スウェーデン
• スイス
• トルコ
• アラブ首長国連邦
• 英国

第12章 競合情勢

• 市場シェア分析2023
• FPNVポジショニングマトリックス, 2023
• 競合シナリオ分析
• 戦略分析と提言

企業一覧

• BASF SE
• Chongqing Chuandong Chemical（Group）Co., Ltd.
• Eastman Chemical Company
• Gujarat Narmada Valley Fertilizers & Chemicals Limited
• Hebei Jinchangsheng Chemical Technology Co., Ltd.
• LUXI Group
• Perstorp Holding AB
• Rashtriya Chemicals and Fertilizers Limited
• Shandong Baoyuan Chemical Co., Ltd.
• Shandong Feicheng Acid Chemicals Co. Ltd.
• Vigon International, Inc. by Azelis Americas, LLC
• Wanhua Chemical Group Co., Ltd.

LIST OF FIGURES

• FIGURE 1. FORMIC ACID MARKET RESEARCH PROCESS
• FIGURE 2. FORMIC ACID MARKET SIZE, 2023 VS 2030
• FIGURE 3. GLOBAL FORMIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
• FIGURE 4. GLOBAL FORMIC ACID MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 5. GLOBAL FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 6. GLOBAL FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2023 VS 2030 (%)
• FIGURE 7. GLOBAL FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 8. GLOBAL FORMIC ACID MARKET SIZE, BY GRADE, 2023 VS 2030 (%)
• FIGURE 9. GLOBAL FORMIC ACID MARKET SIZE, BY GRADE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 10. GLOBAL FORMIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
• FIGURE 11. GLOBAL FORMIC ACID MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 12. AMERICAS FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 13. AMERICAS FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 14. UNITED STATES FORMIC ACID MARKET SIZE, BY STATE, 2023 VS 2030 (%)
• FIGURE 15. UNITED STATES FORMIC ACID MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 16. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 17. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 18. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
• FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
• FIGURE 20. FORMIC ACID MARKET SHARE, BY KEY PLAYER, 2023
• FIGURE 21. FORMIC ACID MARKET, FPNV POSITIONING MATRIX, 2023

LIST OF TABLES

• TABLE 1. FORMIC ACID MARKET SEGMENTATION & COVERAGE
• TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2023
• TABLE 3. GLOBAL FORMIC ACID MARKET SIZE, 2018-2030 (USD MILLION)
• TABLE 4. GLOBAL FORMIC ACID MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 5. GLOBAL FORMIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 6. FORMIC ACID MARKET DYNAMICS
• TABLE 7. GLOBAL FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 8. GLOBAL FORMIC ACID MARKET SIZE, BY CARBONYLATION OF METHANOL, BY REGION, 2018-2030 (USD MILLION)
• TABLE 9. GLOBAL FORMIC ACID MARKET SIZE, BY OXALIC ACID, BY REGION, 2018-2030 (USD MILLION)
• TABLE 10. GLOBAL FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 11. GLOBAL FORMIC ACID MARKET SIZE, BY 84%, BY REGION, 2018-2030 (USD MILLION)
• TABLE 12. GLOBAL FORMIC ACID MARKET SIZE, BY 94%, BY REGION, 2018-2030 (USD MILLION)
• TABLE 13. GLOBAL FORMIC ACID MARKET SIZE, BY 99%, BY REGION, 2018-2030 (USD MILLION)
• TABLE 14. GLOBAL FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 15. GLOBAL FORMIC ACID MARKET SIZE, BY AGRICULTURE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 16. GLOBAL FORMIC ACID MARKET SIZE, BY CHEMICAL RUBBER, BY REGION, 2018-2030 (USD MILLION)
• TABLE 17. GLOBAL FORMIC ACID MARKET SIZE, BY LEATHER & TEXTILE, BY REGION, 2018-2030 (USD MILLION)
• TABLE 18. GLOBAL FORMIC ACID MARKET SIZE, BY PHARMACEUTICALS, BY REGION, 2018-2030 (USD MILLION)
• TABLE 19. AMERICAS FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 20. AMERICAS FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 21. AMERICAS FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 22. AMERICAS FORMIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 23. ARGENTINA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 24. ARGENTINA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 25. ARGENTINA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 26. BRAZIL FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 27. BRAZIL FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 28. BRAZIL FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 29. CANADA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 30. CANADA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 31. CANADA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 32. MEXICO FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 33. MEXICO FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 34. MEXICO FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 35. UNITED STATES FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 36. UNITED STATES FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 37. UNITED STATES FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 38. UNITED STATES FORMIC ACID MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
• TABLE 39. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 40. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 41. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 42. ASIA-PACIFIC FORMIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 43. AUSTRALIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 44. AUSTRALIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 45. AUSTRALIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 46. CHINA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 47. CHINA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 48. CHINA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 49. INDIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 50. INDIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 51. INDIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 52. INDONESIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 53. INDONESIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 54. INDONESIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 55. JAPAN FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 56. JAPAN FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 57. JAPAN FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 58. MALAYSIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 59. MALAYSIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 60. MALAYSIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 61. PHILIPPINES FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 62. PHILIPPINES FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 63. PHILIPPINES FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 64. SINGAPORE FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 65. SINGAPORE FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 66. SINGAPORE FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 67. SOUTH KOREA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 68. SOUTH KOREA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 69. SOUTH KOREA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 70. TAIWAN FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 71. TAIWAN FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 72. TAIWAN FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 73. THAILAND FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 74. THAILAND FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 75. THAILAND FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 76. VIETNAM FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 77. VIETNAM FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 78. VIETNAM FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 79. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 80. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 81. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 82. EUROPE, MIDDLE EAST & AFRICA FORMIC ACID MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
• TABLE 83. DENMARK FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 84. DENMARK FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 85. DENMARK FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 86. EGYPT FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 87. EGYPT FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 88. EGYPT FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 89. FINLAND FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 90. FINLAND FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 91. FINLAND FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 92. FRANCE FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 93. FRANCE FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 94. FRANCE FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 95. GERMANY FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 96. GERMANY FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 97. GERMANY FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 98. ISRAEL FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 99. ISRAEL FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 100. ISRAEL FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 101. ITALY FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 102. ITALY FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 103. ITALY FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 104. NETHERLANDS FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 105. NETHERLANDS FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 106. NETHERLANDS FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 107. NIGERIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 108. NIGERIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 109. NIGERIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 110. NORWAY FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 111. NORWAY FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 112. NORWAY FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 113. POLAND FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 114. POLAND FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 115. POLAND FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 116. QATAR FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 117. QATAR FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 118. QATAR FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 119. RUSSIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 120. RUSSIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 121. RUSSIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 122. SAUDI ARABIA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 123. SAUDI ARABIA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 124. SAUDI ARABIA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 125. SOUTH AFRICA FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 126. SOUTH AFRICA FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 127. SOUTH AFRICA FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 128. SPAIN FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 129. SPAIN FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 130. SPAIN FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 131. SWEDEN FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 132. SWEDEN FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 133. SWEDEN FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 134. SWITZERLAND FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 135. SWITZERLAND FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 136. SWITZERLAND FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 137. TURKEY FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 138. TURKEY FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 139. TURKEY FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 140. UNITED ARAB EMIRATES FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 141. UNITED ARAB EMIRATES FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 142. UNITED ARAB EMIRATES FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 143. UNITED KINGDOM FORMIC ACID MARKET SIZE, BY PRODUCTION METHOD, 2018-2030 (USD MILLION)
• TABLE 144. UNITED KINGDOM FORMIC ACID MARKET SIZE, BY GRADE, 2018-2030 (USD MILLION)
• TABLE 145. UNITED KINGDOM FORMIC ACID MARKET SIZE, BY APPLICATION, 2018-2030 (USD MILLION)
• TABLE 146. FORMIC ACID MARKET SHARE, BY KEY PLAYER, 2023
• TABLE 147. FORMIC ACID MARKET, FPNV POSITIONING MATRIX, 2023

The Formic Acid Market was valued at USD 1.07 billion in 2023, expected to reach USD 1.09 billion in 2024, and is projected to grow at a CAGR of 4.83%, to USD 1.49 billion by 2030.

Formic acid, a colorless liquid with a pungent odor, is simple carboxylic acid primarily derived from methanol. It finds applications across various industries, particularly in agriculture, leather, textile, and pharmaceuticals. The necessity for formic acid arises from its use as a preservative, antibacterial agent, and an essential feed additive in the agricultural sector to enhance silage preservation and animal digestion. The textile and leather industries utilize it for dyeing and tanning, while its application in pharmaceuticals includes its use as an intermediate in drug formulations. An increasing focus on sustainable and eco-friendly products significantly influences the formic acid market, as it represents a natural alternative with biodegradability. Rising demands from the agriculture sector, supported by the growth of the animal feed industry, act as primary growth drivers. Additionally, innovation in textile processing and increased awareness regarding animal health further fuel market expansion. However, stringent environmental regulations, fluctuating raw material prices, and competition from synthetic chemicals present notable challenges. The formic acid market also faces limitations due to its corrosive nature, which requires careful handling and storage, potentially increasing operational costs. Opportunities in the formic acid market include its emerging use in bioplastics and formate esters, alongside growth in the pharmaceutical industry driven by increasing healthcare demands. To capitalize on these opportunities, businesses should focus on innovative applications that leverage its biodegradability and antibacterial properties. Research into improving production technologies to reduce costs and environmental impact can also provide a competitive edge. The market is characterized by a moderate level of consolidation, with key players investing in R&D to enhance product offerings and expand their footprint in emerging economies. As sustainability becomes a central theme, innovations targeting energy-efficient and eco-friendly production processes will likely pave the way for future growth.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Formic Acid Market

The Formic Acid Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Surging demand for livestock feed
  • Expanding usage of formic acid for medicinal applications
  • Increasing demand for rubber in economies
• Market Restraints
  • High cost and energy requirement for production
• Market Opportunities
  • Ongoing research expanding the application scope
  • Increasing focus on the sustainable production of formic acid
• Market Challenges
  • Issues with handling and storing formic acid

Porter's Five Forces: A Strategic Tool for Navigating the Formic Acid Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Formic Acid Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Formic Acid Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Formic Acid Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Formic Acid Market

A detailed market share analysis in the Formic Acid Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Formic Acid Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Formic Acid Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Formic Acid Market

A strategic analysis of the Formic Acid Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Formic Acid Market, highlighting leading vendors and their innovative profiles. These include BASF SE, Chongqing Chuandong Chemical (Group) Co., Ltd., Eastman Chemical Company, Gujarat Narmada Valley Fertilizers & Chemicals Limited, Hebei Jinchangsheng Chemical Technology Co., Ltd., LUXI Group, Perstorp Holding AB, Rashtriya Chemicals and Fertilizers Limited, Shandong Baoyuan Chemical Co., Ltd., Shandong Feicheng Acid Chemicals Co. Ltd., Vigon International, Inc. by Azelis Americas, LLC, and Wanhua Chemical Group Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Formic Acid Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Production Method, market is studied across Carbonylation of Methanol and Oxalic Acid.
• Based on Grade, market is studied across 84%, 94%, and 99%.
• Based on Application, market is studied across Agriculture, Chemical Rubber, Leather & Textile, and Pharmaceuticals.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Surging demand for livestock feed
    • 5.1.1.2. Expanding usage of formic acid for medicinal applications
    • 5.1.1.3. Increasing demand for rubber in economies
  • 5.1.2. Restraints
    • 5.1.2.1. High cost and energy requirement for production
  • 5.1.3. Opportunities
    • 5.1.3.1. Ongoing research expanding the application scope
    • 5.1.3.2. Increasing focus on the sustainable production of formic acid
  • 5.1.4. Challenges
    • 5.1.4.1. Issues with handling and storing formic acid
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Formic Acid Market, by Production Method

• 6.1. Introduction
• 6.2. Carbonylation of Methanol
• 6.3. Oxalic Acid

7. Formic Acid Market, by Grade

• 7.1. Introduction
• 7.2. 84%
• 7.3. 94%
• 7.4. 99%

8. Formic Acid Market, by Application

• 8.1. Introduction
• 8.2. Agriculture
• 8.3. Chemical Rubber
• 8.4. Leather & Textile
• 8.5. Pharmaceuticals

9. Americas Formic Acid Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Formic Acid Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Formic Acid Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
• 12.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. BASF SE
• 2. Chongqing Chuandong Chemical (Group) Co., Ltd.
• 3. Eastman Chemical Company
• 4. Gujarat Narmada Valley Fertilizers & Chemicals Limited
• 5. Hebei Jinchangsheng Chemical Technology Co., Ltd.
• 6. LUXI Group
• 7. Perstorp Holding AB
• 8. Rashtriya Chemicals and Fertilizers Limited
• 9. Shandong Baoyuan Chemical Co., Ltd.
• 10. Shandong Feicheng Acid Chemicals Co. Ltd.
• 11. Vigon International, Inc. by Azelis Americas, LLC
• 12. Wanhua Chemical Group Co., Ltd.