Global Anhydrous Formic Acid Supply, Demand and Key Producers, 2023-2029

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Published Date: 27 Apr 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Anhydrous Formic Acid market size is expected to reach $ 35 million by 2029, rising at a market growth of 5.1% CAGR during the forecast period (2023-2029).

Anhydrous formic acid is a high-purity form of formic acid that contains less than 0.3% water. It is a colorless liquid with a strong, pungent odor and is typically used in industrial applications where high purity and low water content are important.

This report studies the global Anhydrous Formic Acid production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Anhydrous Formic Acid, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Anhydrous Formic Acid that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Anhydrous Formic Acid total production and demand, 2018-2029, (Tons)
Global Anhydrous Formic Acid total production value, 2018-2029, (USD Million)
Global Anhydrous Formic Acid production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Anhydrous Formic Acid consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Anhydrous Formic Acid domestic production, consumption, key domestic manufacturers and share
Global Anhydrous Formic Acid production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Anhydrous Formic Acid production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Anhydrous Formic Acid production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports profiles key players in the global Anhydrous Formic Acid market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Eastman, Perstorp, Rashtriya Chemicals and Fertilizers, Gujarat Narmada Valley Fertilizers & Chemicals, Luxi Chemical Group, Shandong Acid Technology, Chongqing Chuandong Chemical and Shijiazhuang Taihe Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Anhydrous Formic Acid market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Anhydrous Formic Acid Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Anhydrous Formic Acid Market, Segmentation by Type
    Pharmaceutical Grade
    Feed Grade
    Other

Global Anhydrous Formic Acid Market, Segmentation by Application
    Leather and Textile
    Chemical and Pharmaceuticals
    Other

Companies Profiled:
    Eastman
    Perstorp
    Rashtriya Chemicals and Fertilizers
    Gujarat Narmada Valley Fertilizers & Chemicals
    Luxi Chemical Group
    Shandong Acid Technology
    Chongqing Chuandong Chemical
    Shijiazhuang Taihe Chemical

Key Questions Answered
1. How big is the global Anhydrous Formic Acid market?
2. What is the demand of the global Anhydrous Formic Acid market?
3. What is the year over year growth of the global Anhydrous Formic Acid market?
4. What is the production and production value of the global Anhydrous Formic Acid market?
5. Who are the key producers in the global Anhydrous Formic Acid market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Anhydrous Formic Acid Introduction
    1.2 World Anhydrous Formic Acid Supply & Forecast
        1.2.1 World Anhydrous Formic Acid Production Value (2018 & 2022 & 2029)
        1.2.2 World Anhydrous Formic Acid Production (2018-2029)
        1.2.3 World Anhydrous Formic Acid Pricing Trends (2018-2029)
    1.3 World Anhydrous Formic Acid Production by Region (Based on Production Site)
        1.3.1 World Anhydrous Formic Acid Production Value by Region (2018-2029)
        1.3.2 World Anhydrous Formic Acid Production by Region (2018-2029)
        1.3.3 World Anhydrous Formic Acid Average Price by Region (2018-2029)
        1.3.4 North America Anhydrous Formic Acid Production (2018-2029)
        1.3.5 Europe Anhydrous Formic Acid Production (2018-2029)
        1.3.6 China Anhydrous Formic Acid Production (2018-2029)
        1.3.7 Japan Anhydrous Formic Acid Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Anhydrous Formic Acid Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Anhydrous Formic Acid Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Anhydrous Formic Acid Demand (2018-2029)
    2.2 World Anhydrous Formic Acid Consumption by Region
        2.2.1 World Anhydrous Formic Acid Consumption by Region (2018-2023)
        2.2.2 World Anhydrous Formic Acid Consumption Forecast by Region (2024-2029)
    2.3 United States Anhydrous Formic Acid Consumption (2018-2029)
    2.4 China Anhydrous Formic Acid Consumption (2018-2029)
    2.5 Europe Anhydrous Formic Acid Consumption (2018-2029)
    2.6 Japan Anhydrous Formic Acid Consumption (2018-2029)
    2.7 South Korea Anhydrous Formic Acid Consumption (2018-2029)
    2.8 ASEAN Anhydrous Formic Acid Consumption (2018-2029)
    2.9 India Anhydrous Formic Acid Consumption (2018-2029)

3 World Anhydrous Formic Acid Manufacturers Competitive Analysis
    3.1 World Anhydrous Formic Acid Production Value by Manufacturer (2018-2023)
    3.2 World Anhydrous Formic Acid Production by Manufacturer (2018-2023)
    3.3 World Anhydrous Formic Acid Average Price by Manufacturer (2018-2023)
    3.4 Anhydrous Formic Acid Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Anhydrous Formic Acid Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Anhydrous Formic Acid in 2022
        3.5.3 Global Concentration Ratios (CR8) for Anhydrous Formic Acid in 2022
    3.6 Anhydrous Formic Acid Market: Overall Company Footprint Analysis
        3.6.1 Anhydrous Formic Acid Market: Region Footprint
        3.6.2 Anhydrous Formic Acid Market: Company Product Type Footprint
        3.6.3 Anhydrous Formic Acid Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Anhydrous Formic Acid Production Value Comparison
        4.1.1 United States VS China: Anhydrous Formic Acid Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Anhydrous Formic Acid Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Anhydrous Formic Acid Production Comparison
        4.2.1 United States VS China: Anhydrous Formic Acid Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Anhydrous Formic Acid Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Anhydrous Formic Acid Consumption Comparison
        4.3.1 United States VS China: Anhydrous Formic Acid Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Anhydrous Formic Acid Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Anhydrous Formic Acid Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Anhydrous Formic Acid Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Anhydrous Formic Acid Production (2018-2023)
    4.5 China Based Anhydrous Formic Acid Manufacturers and Market Share
        4.5.1 China Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Anhydrous Formic Acid Production Value (2018-2023)
        4.5.3 China Based Manufacturers Anhydrous Formic Acid Production (2018-2023)
    4.6 Rest of World Based Anhydrous Formic Acid Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Anhydrous Formic Acid Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Anhydrous Formic Acid Production (2018-2023)

5 Market Analysis by Type
    5.1 World Anhydrous Formic Acid Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Pharmaceutical Grade
        5.2.2 Feed Grade
        5.2.3 Other
    5.3 Market Segment by Type
        5.3.1 World Anhydrous Formic Acid Production by Type (2018-2029)
        5.3.2 World Anhydrous Formic Acid Production Value by Type (2018-2029)
        5.3.3 World Anhydrous Formic Acid Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Anhydrous Formic Acid Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Leather and Textile
        6.2.2 Chemical and Pharmaceuticals
        6.2.3 Other
    6.3 Market Segment by Application
        6.3.1 World Anhydrous Formic Acid Production by Application (2018-2029)
        6.3.2 World Anhydrous Formic Acid Production Value by Application (2018-2029)
        6.3.3 World Anhydrous Formic Acid Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Eastman
        7.1.1 Eastman Details
        7.1.2 Eastman Major Business
        7.1.3 Eastman Anhydrous Formic Acid Product and Services
        7.1.4 Eastman Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Eastman Recent Developments/Updates
        7.1.6 Eastman Competitive Strengths & Weaknesses
    7.2 Perstorp
        7.2.1 Perstorp Details
        7.2.2 Perstorp Major Business
        7.2.3 Perstorp Anhydrous Formic Acid Product and Services
        7.2.4 Perstorp Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Perstorp Recent Developments/Updates
        7.2.6 Perstorp Competitive Strengths & Weaknesses
    7.3 Rashtriya Chemicals and Fertilizers
        7.3.1 Rashtriya Chemicals and Fertilizers Details
        7.3.2 Rashtriya Chemicals and Fertilizers Major Business
        7.3.3 Rashtriya Chemicals and Fertilizers Anhydrous Formic Acid Product and Services
        7.3.4 Rashtriya Chemicals and Fertilizers Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Rashtriya Chemicals and Fertilizers Recent Developments/Updates
        7.3.6 Rashtriya Chemicals and Fertilizers Competitive Strengths & Weaknesses
    7.4 Gujarat Narmada Valley Fertilizers & Chemicals
        7.4.1 Gujarat Narmada Valley Fertilizers & Chemicals Details
        7.4.2 Gujarat Narmada Valley Fertilizers & Chemicals Major Business
        7.4.3 Gujarat Narmada Valley Fertilizers & Chemicals Anhydrous Formic Acid Product and Services
        7.4.4 Gujarat Narmada Valley Fertilizers & Chemicals Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
        7.4.6 Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
    7.5 Luxi Chemical Group
        7.5.1 Luxi Chemical Group Details
        7.5.2 Luxi Chemical Group Major Business
        7.5.3 Luxi Chemical Group Anhydrous Formic Acid Product and Services
        7.5.4 Luxi Chemical Group Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Luxi Chemical Group Recent Developments/Updates
        7.5.6 Luxi Chemical Group Competitive Strengths & Weaknesses
    7.6 Shandong Acid Technology
        7.6.1 Shandong Acid Technology Details
        7.6.2 Shandong Acid Technology Major Business
        7.6.3 Shandong Acid Technology Anhydrous Formic Acid Product and Services
        7.6.4 Shandong Acid Technology Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Shandong Acid Technology Recent Developments/Updates
        7.6.6 Shandong Acid Technology Competitive Strengths & Weaknesses
    7.7 Chongqing Chuandong Chemical
        7.7.1 Chongqing Chuandong Chemical Details
        7.7.2 Chongqing Chuandong Chemical Major Business
        7.7.3 Chongqing Chuandong Chemical Anhydrous Formic Acid Product and Services
        7.7.4 Chongqing Chuandong Chemical Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 Chongqing Chuandong Chemical Recent Developments/Updates
        7.7.6 Chongqing Chuandong Chemical Competitive Strengths & Weaknesses
    7.8 Shijiazhuang Taihe Chemical
        7.8.1 Shijiazhuang Taihe Chemical Details
        7.8.2 Shijiazhuang Taihe Chemical Major Business
        7.8.3 Shijiazhuang Taihe Chemical Anhydrous Formic Acid Product and Services
        7.8.4 Shijiazhuang Taihe Chemical Anhydrous Formic Acid Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Shijiazhuang Taihe Chemical Recent Developments/Updates
        7.8.6 Shijiazhuang Taihe Chemical Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Anhydrous Formic Acid Industry Chain
    8.2 Anhydrous Formic Acid Upstream Analysis
        8.2.1 Anhydrous Formic Acid Core Raw Materials
        8.2.2 Main Manufacturers of Anhydrous Formic Acid Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Anhydrous Formic Acid Production Mode
    8.6 Anhydrous Formic Acid Procurement Model
    8.7 Anhydrous Formic Acid Industry Sales Model and Sales Channels
        8.7.1 Anhydrous Formic Acid Sales Model
        8.7.2 Anhydrous Formic Acid Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Anhydrous Formic Acid Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Anhydrous Formic Acid Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Anhydrous Formic Acid Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Anhydrous Formic Acid Production Value Market Share by Region (2018-2023)
    Table 5. World Anhydrous Formic Acid Production Value Market Share by Region (2024-2029)
    Table 6. World Anhydrous Formic Acid Production by Region (2018-2023) & (Tons)
    Table 7. World Anhydrous Formic Acid Production by Region (2024-2029) & (Tons)
    Table 8. World Anhydrous Formic Acid Production Market Share by Region (2018-2023)
    Table 9. World Anhydrous Formic Acid Production Market Share by Region (2024-2029)
    Table 10. World Anhydrous Formic Acid Average Price by Region (2018-2023) & (US$/Ton)
    Table 11. World Anhydrous Formic Acid Average Price by Region (2024-2029) & (US$/Ton)
    Table 12. Anhydrous Formic Acid Major Market Trends
    Table 13. World Anhydrous Formic Acid Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Tons)
    Table 14. World Anhydrous Formic Acid Consumption by Region (2018-2023) & (Tons)
    Table 15. World Anhydrous Formic Acid Consumption Forecast by Region (2024-2029) & (Tons)
    Table 16. World Anhydrous Formic Acid Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Anhydrous Formic Acid Producers in 2022
    Table 18. World Anhydrous Formic Acid Production by Manufacturer (2018-2023) & (Tons)
    Table 19. Production Market Share of Key Anhydrous Formic Acid Producers in 2022
    Table 20. World Anhydrous Formic Acid Average Price by Manufacturer (2018-2023) & (US$/Ton)
    Table 21. Global Anhydrous Formic Acid Company Evaluation Quadrant
    Table 22. World Anhydrous Formic Acid Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Anhydrous Formic Acid Production Site of Key Manufacturer
    Table 24. Anhydrous Formic Acid Market: Company Product Type Footprint
    Table 25. Anhydrous Formic Acid Market: Company Product Application Footprint
    Table 26. Anhydrous Formic Acid Competitive Factors
    Table 27. Anhydrous Formic Acid New Entrant and Capacity Expansion Plans
    Table 28. Anhydrous Formic Acid Mergers & Acquisitions Activity
    Table 29. United States VS China Anhydrous Formic Acid Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Anhydrous Formic Acid Production Comparison, (2018 & 2022 & 2029) & (Tons)
    Table 31. United States VS China Anhydrous Formic Acid Consumption Comparison, (2018 & 2022 & 2029) & (Tons)
    Table 32. United States Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Anhydrous Formic Acid Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Anhydrous Formic Acid Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Anhydrous Formic Acid Production (2018-2023) & (Tons)
    Table 36. United States Based Manufacturers Anhydrous Formic Acid Production Market Share (2018-2023)
    Table 37. China Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Anhydrous Formic Acid Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Anhydrous Formic Acid Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Anhydrous Formic Acid Production (2018-2023) & (Tons)
    Table 41. China Based Manufacturers Anhydrous Formic Acid Production Market Share (2018-2023)
    Table 42. Rest of World Based Anhydrous Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Anhydrous Formic Acid Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Anhydrous Formic Acid Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Anhydrous Formic Acid Production (2018-2023) & (Tons)
    Table 46. Rest of World Based Manufacturers Anhydrous Formic Acid Production Market Share (2018-2023)
    Table 47. World Anhydrous Formic Acid Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Anhydrous Formic Acid Production by Type (2018-2023) & (Tons)
    Table 49. World Anhydrous Formic Acid Production by Type (2024-2029) & (Tons)
    Table 50. World Anhydrous Formic Acid Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Anhydrous Formic Acid Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Anhydrous Formic Acid Average Price by Type (2018-2023) & (US$/Ton)
    Table 53. World Anhydrous Formic Acid Average Price by Type (2024-2029) & (US$/Ton)
    Table 54. World Anhydrous Formic Acid Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Anhydrous Formic Acid Production by Application (2018-2023) & (Tons)
    Table 56. World Anhydrous Formic Acid Production by Application (2024-2029) & (Tons)
    Table 57. World Anhydrous Formic Acid Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Anhydrous Formic Acid Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Anhydrous Formic Acid Average Price by Application (2018-2023) & (US$/Ton)
    Table 60. World Anhydrous Formic Acid Average Price by Application (2024-2029) & (US$/Ton)
    Table 61. Eastman Basic Information, Manufacturing Base and Competitors
    Table 62. Eastman Major Business
    Table 63. Eastman Anhydrous Formic Acid Product and Services
    Table 64. Eastman Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Eastman Recent Developments/Updates
    Table 66. Eastman Competitive Strengths & Weaknesses
    Table 67. Perstorp Basic Information, Manufacturing Base and Competitors
    Table 68. Perstorp Major Business
    Table 69. Perstorp Anhydrous Formic Acid Product and Services
    Table 70. Perstorp Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Perstorp Recent Developments/Updates
    Table 72. Perstorp Competitive Strengths & Weaknesses
    Table 73. Rashtriya Chemicals and Fertilizers Basic Information, Manufacturing Base and Competitors
    Table 74. Rashtriya Chemicals and Fertilizers Major Business
    Table 75. Rashtriya Chemicals and Fertilizers Anhydrous Formic Acid Product and Services
    Table 76. Rashtriya Chemicals and Fertilizers Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Rashtriya Chemicals and Fertilizers Recent Developments/Updates
    Table 78. Rashtriya Chemicals and Fertilizers Competitive Strengths & Weaknesses
    Table 79. Gujarat Narmada Valley Fertilizers & Chemicals Basic Information, Manufacturing Base and Competitors
    Table 80. Gujarat Narmada Valley Fertilizers & Chemicals Major Business
    Table 81. Gujarat Narmada Valley Fertilizers & Chemicals Anhydrous Formic Acid Product and Services
    Table 82. Gujarat Narmada Valley Fertilizers & Chemicals Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
    Table 84. Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
    Table 85. Luxi Chemical Group Basic Information, Manufacturing Base and Competitors
    Table 86. Luxi Chemical Group Major Business
    Table 87. Luxi Chemical Group Anhydrous Formic Acid Product and Services
    Table 88. Luxi Chemical Group Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Luxi Chemical Group Recent Developments/Updates
    Table 90. Luxi Chemical Group Competitive Strengths & Weaknesses
    Table 91. Shandong Acid Technology Basic Information, Manufacturing Base and Competitors
    Table 92. Shandong Acid Technology Major Business
    Table 93. Shandong Acid Technology Anhydrous Formic Acid Product and Services
    Table 94. Shandong Acid Technology Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Shandong Acid Technology Recent Developments/Updates
    Table 96. Shandong Acid Technology Competitive Strengths & Weaknesses
    Table 97. Chongqing Chuandong Chemical Basic Information, Manufacturing Base and Competitors
    Table 98. Chongqing Chuandong Chemical Major Business
    Table 99. Chongqing Chuandong Chemical Anhydrous Formic Acid Product and Services
    Table 100. Chongqing Chuandong Chemical Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. Chongqing Chuandong Chemical Recent Developments/Updates
    Table 102. Shijiazhuang Taihe Chemical Basic Information, Manufacturing Base and Competitors
    Table 103. Shijiazhuang Taihe Chemical Major Business
    Table 104. Shijiazhuang Taihe Chemical Anhydrous Formic Acid Product and Services
    Table 105. Shijiazhuang Taihe Chemical Anhydrous Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 106. Global Key Players of Anhydrous Formic Acid Upstream (Raw Materials)
    Table 107. Anhydrous Formic Acid Typical Customers
    Table 108. Anhydrous Formic Acid Typical Distributors
List of Figure
    Figure 1. Anhydrous Formic Acid Picture
    Figure 2. World Anhydrous Formic Acid Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Anhydrous Formic Acid Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Anhydrous Formic Acid Production (2018-2029) & (Tons)
    Figure 5. World Anhydrous Formic Acid Average Price (2018-2029) & (US$/Ton)
    Figure 6. World Anhydrous Formic Acid Production Value Market Share by Region (2018-2029)
    Figure 7. World Anhydrous Formic Acid Production Market Share by Region (2018-2029)
    Figure 8. North America Anhydrous Formic Acid Production (2018-2029) & (Tons)
    Figure 9. Europe Anhydrous Formic Acid Production (2018-2029) & (Tons)
    Figure 10. China Anhydrous Formic Acid Production (2018-2029) & (Tons)
    Figure 11. Japan Anhydrous Formic Acid Production (2018-2029) & (Tons)
    Figure 12. Anhydrous Formic Acid Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 15. World Anhydrous Formic Acid Consumption Market Share by Region (2018-2029)
    Figure 16. United States Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 17. China Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 18. Europe Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 19. Japan Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 20. South Korea Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 21. ASEAN Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 22. India Anhydrous Formic Acid Consumption (2018-2029) & (Tons)
    Figure 23. Producer Shipments of Anhydrous Formic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Anhydrous Formic Acid Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Anhydrous Formic Acid Markets in 2022
    Figure 26. United States VS China: Anhydrous Formic Acid Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Anhydrous Formic Acid Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Anhydrous Formic Acid Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Anhydrous Formic Acid Production Market Share 2022
    Figure 30. China Based Manufacturers Anhydrous Formic Acid Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Anhydrous Formic Acid Production Market Share 2022
    Figure 32. World Anhydrous Formic Acid Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Anhydrous Formic Acid Production Value Market Share by Type in 2022
    Figure 34. Pharmaceutical Grade
    Figure 35. Feed Grade
    Figure 36. Other
    Figure 37. World Anhydrous Formic Acid Production Market Share by Type (2018-2029)
    Figure 38. World Anhydrous Formic Acid Production Value Market Share by Type (2018-2029)
    Figure 39. World Anhydrous Formic Acid Average Price by Type (2018-2029) & (US$/Ton)
    Figure 40. World Anhydrous Formic Acid Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 41. World Anhydrous Formic Acid Production Value Market Share by Application in 2022
    Figure 42. Leather and Textile
    Figure 43. Chemical and Pharmaceuticals
    Figure 44. Other
    Figure 45. World Anhydrous Formic Acid Production Market Share by Application (2018-2029)
    Figure 46. World Anhydrous Formic Acid Production Value Market Share by Application (2018-2029)
    Figure 47. World Anhydrous Formic Acid Average Price by Application (2018-2029) & (US$/Ton)
    Figure 48. Anhydrous Formic Acid Industry Chain
    Figure 49. Anhydrous Formic Acid Procurement Model
    Figure 50. Anhydrous Formic Acid Sales Model
    Figure 51. Anhydrous Formic Acid Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Eastman
Perstorp
Rashtriya Chemicals and Fertilizers
Gujarat Narmada Valley Fertilizers & Chemicals
Luxi Chemical Group
Shandong Acid Technology
Chongqing Chuandong Chemical
Shijiazhuang Taihe Chemical

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