Global Pharmaceutical Grade Formic Acid Supply, Demand and Key Producers, 2024-2030

Global Pharmaceutical Grade Formic Acid Supply, Demand and Key Producers, 2024-2030

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Published Date: 02 Mar 2024

Category: Chemical & Material

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Pharmaceutical Grade Formic Acid market size is expected to reach $ 35 million by 2030, rising at a market growth of 5.1% CAGR during the forecast period (2024-2030).

The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.

Pharmaceutical grade formic acid is a high-quality, purified form of formic acid that meets the strict standards and regulations set by pharmaceutical authorities for use in drug production and other medical applications.

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

This report is a detailed and comprehensive analysis of the world market for Pharmaceutical Grade Formic Acid, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Pharmaceutical Grade Formic Acid that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Pharmaceutical Grade Formic Acid total production and demand, 2019-2030, (Tons)
Global Pharmaceutical Grade Formic Acid total production value, 2019-2030, (USD Million)
Global Pharmaceutical Grade Formic Acid production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid consumption by region & country, CAGR, 2019-2030 & (Tons)
U.S. VS China: Pharmaceutical Grade Formic Acid domestic production, consumption, key domestic manufacturers and share
Global Pharmaceutical Grade Formic Acid production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid production by Application production, value, CAGR, 2019-2030, (USD Million) & (Tons).

This reports profiles key players in the global Pharmaceutical Grade 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, Gujarat Narmada Valley Fertilizers & Chemicals, Luxi Chemical Group, Chongqing Chuandong Chemical and Shijiazhuang Taihe Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Pharmaceutical Grade 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 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

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

Global Pharmaceutical Grade Formic Acid Market, Segmentation by Type
Content 95%
Content 99%
Other

Global Pharmaceutical Grade Formic Acid Market, Segmentation by Application
Solvent
Excipient
Catalyst
Other

Companies Profiled:
Eastman
Perstorp
Gujarat Narmada Valley Fertilizers & Chemicals
Luxi Chemical Group
Chongqing Chuandong Chemical
Shijiazhuang Taihe Chemical

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

1 Supply Summary
1.1 Pharmaceutical Grade Formic Acid Introduction
1.2 World Pharmaceutical Grade Formic Acid Supply & Forecast
1.2.1 World Pharmaceutical Grade Formic Acid Production Value (2019 & 2023 & 2030)
1.2.2 World Pharmaceutical Grade Formic Acid Production (2019-2030)
1.2.3 World Pharmaceutical Grade Formic Acid Pricing Trends (2019-2030)
1.3 World Pharmaceutical Grade Formic Acid Production by Region (Based on Production Site)
1.3.1 World Pharmaceutical Grade Formic Acid Production Value by Region (2019-2030)
1.3.2 World Pharmaceutical Grade Formic Acid Production by Region (2019-2030)
1.3.3 World Pharmaceutical Grade Formic Acid Average Price by Region (2019-2030)
1.3.4 North America Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.5 Europe Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.6 China Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.7 Japan Pharmaceutical Grade Formic Acid Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Pharmaceutical Grade Formic Acid Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Pharmaceutical Grade Formic Acid Major Market Trends

2 Demand Summary
2.1 World Pharmaceutical Grade Formic Acid Demand (2019-2030)
2.2 World Pharmaceutical Grade Formic Acid Consumption by Region
2.2.1 World Pharmaceutical Grade Formic Acid Consumption by Region (2019-2024)
2.2.2 World Pharmaceutical Grade Formic Acid Consumption Forecast by Region (2025-2030)
2.3 United States Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.4 China Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.5 Europe Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.6 Japan Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.7 South Korea Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.8 ASEAN Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.9 India Pharmaceutical Grade Formic Acid Consumption (2019-2030)

3 World Pharmaceutical Grade Formic Acid Manufacturers Competitive Analysis
3.1 World Pharmaceutical Grade Formic Acid Production Value by Manufacturer (2019-2024)
3.2 World Pharmaceutical Grade Formic Acid Production by Manufacturer (2019-2024)
3.3 World Pharmaceutical Grade Formic Acid Average Price by Manufacturer (2019-2024)
3.4 Pharmaceutical Grade Formic Acid Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Pharmaceutical Grade Formic Acid Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Pharmaceutical Grade Formic Acid in 2023
3.5.3 Global Concentration Ratios (CR8) for Pharmaceutical Grade Formic Acid in 2023
3.6 Pharmaceutical Grade Formic Acid Market: Overall Company Footprint Analysis
3.6.1 Pharmaceutical Grade Formic Acid Market: Region Footprint
3.6.2 Pharmaceutical Grade Formic Acid Market: Company Product Type Footprint
3.6.3 Pharmaceutical Grade 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: Pharmaceutical Grade Formic Acid Production Value Comparison
4.1.1 United States VS China: Pharmaceutical Grade Formic Acid Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Pharmaceutical Grade Formic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Pharmaceutical Grade Formic Acid Production Comparison
4.2.1 United States VS China: Pharmaceutical Grade Formic Acid Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Pharmaceutical Grade Formic Acid Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Pharmaceutical Grade Formic Acid Consumption Comparison
4.3.1 United States VS China: Pharmaceutical Grade Formic Acid Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Pharmaceutical Grade Formic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.4.3 United States Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)
4.5 China Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share
4.5.1 China Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.5.3 China Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)
4.6 Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)

5 Market Analysis by Type
5.1 World Pharmaceutical Grade Formic Acid Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Content 95%
5.2.2 Content 99%
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World Pharmaceutical Grade Formic Acid Production by Type (2019-2030)
5.3.2 World Pharmaceutical Grade Formic Acid Production Value by Type (2019-2030)
5.3.3 World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Pharmaceutical Grade Formic Acid Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Solvent
6.2.2 Excipient
6.2.3 Catalyst
6.2.4 Other
6.3 Market Segment by Application
6.3.1 World Pharmaceutical Grade Formic Acid Production by Application (2019-2030)
6.3.2 World Pharmaceutical Grade Formic Acid Production Value by Application (2019-2030)
6.3.3 World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2030)

7 Company Profiles
7.1 Eastman
7.1.1 Eastman Details
7.1.2 Eastman Major Business
7.1.3 Eastman Pharmaceutical Grade Formic Acid Product and Services
7.1.4 Eastman Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
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 Pharmaceutical Grade Formic Acid Product and Services
7.2.4 Perstorp Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Perstorp Recent Developments/Updates
7.2.6 Perstorp Competitive Strengths & Weaknesses
7.3 Gujarat Narmada Valley Fertilizers & Chemicals
7.3.1 Gujarat Narmada Valley Fertilizers & Chemicals Details
7.3.2 Gujarat Narmada Valley Fertilizers & Chemicals Major Business
7.3.3 Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Product and Services
7.3.4 Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
7.3.6 Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
7.4 Luxi Chemical Group
7.4.1 Luxi Chemical Group Details
7.4.2 Luxi Chemical Group Major Business
7.4.3 Luxi Chemical Group Pharmaceutical Grade Formic Acid Product and Services
7.4.4 Luxi Chemical Group Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Luxi Chemical Group Recent Developments/Updates
7.4.6 Luxi Chemical Group Competitive Strengths & Weaknesses
7.5 Chongqing Chuandong Chemical
7.5.1 Chongqing Chuandong Chemical Details
7.5.2 Chongqing Chuandong Chemical Major Business
7.5.3 Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Product and Services
7.5.4 Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Chongqing Chuandong Chemical Recent Developments/Updates
7.5.6 Chongqing Chuandong Chemical Competitive Strengths & Weaknesses
7.6 Shijiazhuang Taihe Chemical
7.6.1 Shijiazhuang Taihe Chemical Details
7.6.2 Shijiazhuang Taihe Chemical Major Business
7.6.3 Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Product and Services
7.6.4 Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Shijiazhuang Taihe Chemical Recent Developments/Updates
7.6.6 Shijiazhuang Taihe Chemical Competitive Strengths & Weaknesses

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

9 Research Findings and Conclusion

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

List of Tables
Table 1. World Pharmaceutical Grade Formic Acid Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Pharmaceutical Grade Formic Acid Production Value by Region (2019-2024) & (USD Million)
Table 3. World Pharmaceutical Grade Formic Acid Production Value by Region (2025-2030) & (USD Million)
Table 4. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2019-2024)
Table 5. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2025-2030)
Table 6. World Pharmaceutical Grade Formic Acid Production by Region (2019-2024) & (Tons)
Table 7. World Pharmaceutical Grade Formic Acid Production by Region (2025-2030) & (Tons)
Table 8. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2019-2024)
Table 9. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2025-2030)
Table 10. World Pharmaceutical Grade Formic Acid Average Price by Region (2019-2024) & (US$/Ton)
Table 11. World Pharmaceutical Grade Formic Acid Average Price by Region (2025-2030) & (US$/Ton)
Table 12. Pharmaceutical Grade Formic Acid Major Market Trends
Table 13. World Pharmaceutical Grade Formic Acid Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Tons)
Table 14. World Pharmaceutical Grade Formic Acid Consumption by Region (2019-2024) & (Tons)
Table 15. World Pharmaceutical Grade Formic Acid Consumption Forecast by Region (2025-2030) & (Tons)
Table 16. World Pharmaceutical Grade Formic Acid Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Pharmaceutical Grade Formic Acid Producers in 2023
Table 18. World Pharmaceutical Grade Formic Acid Production by Manufacturer (2019-2024) & (Tons)
Table 19. Production Market Share of Key Pharmaceutical Grade Formic Acid Producers in 2023
Table 20. World Pharmaceutical Grade Formic Acid Average Price by Manufacturer (2019-2024) & (US$/Ton)
Table 21. Global Pharmaceutical Grade Formic Acid Company Evaluation Quadrant
Table 22. World Pharmaceutical Grade Formic Acid Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Pharmaceutical Grade Formic Acid Production Site of Key Manufacturer
Table 24. Pharmaceutical Grade Formic Acid Market: Company Product Type Footprint
Table 25. Pharmaceutical Grade Formic Acid Market: Company Product Application Footprint
Table 26. Pharmaceutical Grade Formic Acid Competitive Factors
Table 27. Pharmaceutical Grade Formic Acid New Entrant and Capacity Expansion Plans
Table 28. Pharmaceutical Grade Formic Acid Mergers & Acquisitions Activity
Table 29. United States VS China Pharmaceutical Grade Formic Acid Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Pharmaceutical Grade Formic Acid Production Comparison, (2019 & 2023 & 2030) & (Tons)
Table 31. United States VS China Pharmaceutical Grade Formic Acid Consumption Comparison, (2019 & 2023 & 2030) & (Tons)
Table 32. United States Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 36. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 37. China Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 41. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 42. Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 46. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 47. World Pharmaceutical Grade Formic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Pharmaceutical Grade Formic Acid Production by Type (2019-2024) & (Tons)
Table 49. World Pharmaceutical Grade Formic Acid Production by Type (2025-2030) & (Tons)
Table 50. World Pharmaceutical Grade Formic Acid Production Value by Type (2019-2024) & (USD Million)
Table 51. World Pharmaceutical Grade Formic Acid Production Value by Type (2025-2030) & (USD Million)
Table 52. World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2024) & (US$/Ton)
Table 53. World Pharmaceutical Grade Formic Acid Average Price by Type (2025-2030) & (US$/Ton)
Table 54. World Pharmaceutical Grade Formic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Pharmaceutical Grade Formic Acid Production by Application (2019-2024) & (Tons)
Table 56. World Pharmaceutical Grade Formic Acid Production by Application (2025-2030) & (Tons)
Table 57. World Pharmaceutical Grade Formic Acid Production Value by Application (2019-2024) & (USD Million)
Table 58. World Pharmaceutical Grade Formic Acid Production Value by Application (2025-2030) & (USD Million)
Table 59. World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2024) & (US$/Ton)
Table 60. World Pharmaceutical Grade Formic Acid Average Price by Application (2025-2030) & (US$/Ton)
Table 61. Eastman Basic Information, Manufacturing Base and Competitors
Table 62. Eastman Major Business
Table 63. Eastman Pharmaceutical Grade Formic Acid Product and Services
Table 64. Eastman Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
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 Pharmaceutical Grade Formic Acid Product and Services
Table 70. Perstorp Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Perstorp Recent Developments/Updates
Table 72. Perstorp Competitive Strengths & Weaknesses
Table 73. Gujarat Narmada Valley Fertilizers & Chemicals Basic Information, Manufacturing Base and Competitors
Table 74. Gujarat Narmada Valley Fertilizers & Chemicals Major Business
Table 75. Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Product and Services
Table 76. Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
Table 78. Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
Table 79. Luxi Chemical Group Basic Information, Manufacturing Base and Competitors
Table 80. Luxi Chemical Group Major Business
Table 81. Luxi Chemical Group Pharmaceutical Grade Formic Acid Product and Services
Table 82. Luxi Chemical Group Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Luxi Chemical Group Recent Developments/Updates
Table 84. Luxi Chemical Group Competitive Strengths & Weaknesses
Table 85. Chongqing Chuandong Chemical Basic Information, Manufacturing Base and Competitors
Table 86. Chongqing Chuandong Chemical Major Business
Table 87. Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Product and Services
Table 88. Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Chongqing Chuandong Chemical Recent Developments/Updates
Table 90. Shijiazhuang Taihe Chemical Basic Information, Manufacturing Base and Competitors
Table 91. Shijiazhuang Taihe Chemical Major Business
Table 92. Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Product and Services
Table 93. Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 94. Global Key Players of Pharmaceutical Grade Formic Acid Upstream (Raw Materials)
Table 95. Pharmaceutical Grade Formic Acid Typical Customers
Table 96. Pharmaceutical Grade Formic Acid Typical Distributors
List of Figure
Figure 1. Pharmaceutical Grade Formic Acid Picture
Figure 2. World Pharmaceutical Grade Formic Acid Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Pharmaceutical Grade Formic Acid Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 5. World Pharmaceutical Grade Formic Acid Average Price (2019-2030) & (US$/Ton)
Figure 6. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2019-2030)
Figure 7. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2019-2030)
Figure 8. North America Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 9. Europe Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 10. China Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 11. Japan Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 12. Pharmaceutical Grade Formic Acid Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 15. World Pharmaceutical Grade Formic Acid Consumption Market Share by Region (2019-2030)
Figure 16. United States Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 17. China Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 18. Europe Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 19. Japan Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 20. South Korea Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 21. ASEAN Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 22. India Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 23. Producer Shipments of Pharmaceutical Grade Formic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Pharmaceutical Grade Formic Acid Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Pharmaceutical Grade Formic Acid Markets in 2023
Figure 26. United States VS China: Pharmaceutical Grade Formic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Pharmaceutical Grade Formic Acid Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Pharmaceutical Grade Formic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 30. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 32. World Pharmaceutical Grade Formic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Pharmaceutical Grade Formic Acid Production Value Market Share by Type in 2023
Figure 34. Content 95%
Figure 35. Content 99%
Figure 36. Other
Figure 37. World Pharmaceutical Grade Formic Acid Production Market Share by Type (2019-2030)
Figure 38. World Pharmaceutical Grade Formic Acid Production Value Market Share by Type (2019-2030)
Figure 39. World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2030) & (US$/Ton)
Figure 40. World Pharmaceutical Grade Formic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Pharmaceutical Grade Formic Acid Production Value Market Share by Application in 2023
Figure 42. Solvent
Figure 43. Excipient
Figure 44. Catalyst
Figure 45. Other
Figure 46. World Pharmaceutical Grade Formic Acid Production Market Share by Application (2019-2030)
Figure 47. World Pharmaceutical Grade Formic Acid Production Value Market Share by Application (2019-2030)
Figure 48. World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2030) & (US$/Ton)
Figure 49. Pharmaceutical Grade Formic Acid Industry Chain
Figure 50. Pharmaceutical Grade Formic Acid Procurement Model
Figure 51. Pharmaceutical Grade Formic Acid Sales Model
Figure 52. Pharmaceutical Grade Formic Acid Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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

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

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

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

tuBiao1

Data Source

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

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

Validation and
triangulation of
secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Companies Mentioned

Eastman
Perstorp
Gujarat Narmada Valley Fertilizers & Chemicals
Luxi Chemical Group
Chongqing Chuandong Chemical
Shijiazhuang Taihe Chemical
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Global Pharmaceutical Grade Formic Acid Supply, Demand and Key Producers, 2024-2030

Global Pharmaceutical Grade Formic Acid Supply, Demand and Key Producers, 2024-2030

Page: 101

Published Date: 02 Mar 2024

Category: Chemical & Material

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Description

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Description

The global Pharmaceutical Grade Formic Acid market size is expected to reach $ 35 million by 2030, rising at a market growth of 5.1% CAGR during the forecast period (2024-2030).

The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.

Pharmaceutical grade formic acid is a high-quality, purified form of formic acid that meets the strict standards and regulations set by pharmaceutical authorities for use in drug production and other medical applications.

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

This report is a detailed and comprehensive analysis of the world market for Pharmaceutical Grade Formic Acid, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Pharmaceutical Grade Formic Acid that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Pharmaceutical Grade Formic Acid total production and demand, 2019-2030, (Tons)
Global Pharmaceutical Grade Formic Acid total production value, 2019-2030, (USD Million)
Global Pharmaceutical Grade Formic Acid production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid consumption by region & country, CAGR, 2019-2030 & (Tons)
U.S. VS China: Pharmaceutical Grade Formic Acid domestic production, consumption, key domestic manufacturers and share
Global Pharmaceutical Grade Formic Acid production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Tons)
Global Pharmaceutical Grade Formic Acid production by Application production, value, CAGR, 2019-2030, (USD Million) & (Tons).

This reports profiles key players in the global Pharmaceutical Grade 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, Gujarat Narmada Valley Fertilizers & Chemicals, Luxi Chemical Group, Chongqing Chuandong Chemical and Shijiazhuang Taihe Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Pharmaceutical Grade 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 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

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

Global Pharmaceutical Grade Formic Acid Market, Segmentation by Type
Content 95%
Content 99%
Other

Global Pharmaceutical Grade Formic Acid Market, Segmentation by Application
Solvent
Excipient
Catalyst
Other

Companies Profiled:
Eastman
Perstorp
Gujarat Narmada Valley Fertilizers & Chemicals
Luxi Chemical Group
Chongqing Chuandong Chemical
Shijiazhuang Taihe Chemical

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

1 Supply Summary
1.1 Pharmaceutical Grade Formic Acid Introduction
1.2 World Pharmaceutical Grade Formic Acid Supply & Forecast
1.2.1 World Pharmaceutical Grade Formic Acid Production Value (2019 & 2023 & 2030)
1.2.2 World Pharmaceutical Grade Formic Acid Production (2019-2030)
1.2.3 World Pharmaceutical Grade Formic Acid Pricing Trends (2019-2030)
1.3 World Pharmaceutical Grade Formic Acid Production by Region (Based on Production Site)
1.3.1 World Pharmaceutical Grade Formic Acid Production Value by Region (2019-2030)
1.3.2 World Pharmaceutical Grade Formic Acid Production by Region (2019-2030)
1.3.3 World Pharmaceutical Grade Formic Acid Average Price by Region (2019-2030)
1.3.4 North America Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.5 Europe Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.6 China Pharmaceutical Grade Formic Acid Production (2019-2030)
1.3.7 Japan Pharmaceutical Grade Formic Acid Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Pharmaceutical Grade Formic Acid Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Pharmaceutical Grade Formic Acid Major Market Trends

2 Demand Summary
2.1 World Pharmaceutical Grade Formic Acid Demand (2019-2030)
2.2 World Pharmaceutical Grade Formic Acid Consumption by Region
2.2.1 World Pharmaceutical Grade Formic Acid Consumption by Region (2019-2024)
2.2.2 World Pharmaceutical Grade Formic Acid Consumption Forecast by Region (2025-2030)
2.3 United States Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.4 China Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.5 Europe Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.6 Japan Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.7 South Korea Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.8 ASEAN Pharmaceutical Grade Formic Acid Consumption (2019-2030)
2.9 India Pharmaceutical Grade Formic Acid Consumption (2019-2030)

3 World Pharmaceutical Grade Formic Acid Manufacturers Competitive Analysis
3.1 World Pharmaceutical Grade Formic Acid Production Value by Manufacturer (2019-2024)
3.2 World Pharmaceutical Grade Formic Acid Production by Manufacturer (2019-2024)
3.3 World Pharmaceutical Grade Formic Acid Average Price by Manufacturer (2019-2024)
3.4 Pharmaceutical Grade Formic Acid Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Pharmaceutical Grade Formic Acid Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Pharmaceutical Grade Formic Acid in 2023
3.5.3 Global Concentration Ratios (CR8) for Pharmaceutical Grade Formic Acid in 2023
3.6 Pharmaceutical Grade Formic Acid Market: Overall Company Footprint Analysis
3.6.1 Pharmaceutical Grade Formic Acid Market: Region Footprint
3.6.2 Pharmaceutical Grade Formic Acid Market: Company Product Type Footprint
3.6.3 Pharmaceutical Grade 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: Pharmaceutical Grade Formic Acid Production Value Comparison
4.1.1 United States VS China: Pharmaceutical Grade Formic Acid Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Pharmaceutical Grade Formic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Pharmaceutical Grade Formic Acid Production Comparison
4.2.1 United States VS China: Pharmaceutical Grade Formic Acid Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Pharmaceutical Grade Formic Acid Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Pharmaceutical Grade Formic Acid Consumption Comparison
4.3.1 United States VS China: Pharmaceutical Grade Formic Acid Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Pharmaceutical Grade Formic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.4.3 United States Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)
4.5 China Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share
4.5.1 China Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.5.3 China Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)
4.6 Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024)

5 Market Analysis by Type
5.1 World Pharmaceutical Grade Formic Acid Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Content 95%
5.2.2 Content 99%
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World Pharmaceutical Grade Formic Acid Production by Type (2019-2030)
5.3.2 World Pharmaceutical Grade Formic Acid Production Value by Type (2019-2030)
5.3.3 World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Pharmaceutical Grade Formic Acid Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Solvent
6.2.2 Excipient
6.2.3 Catalyst
6.2.4 Other
6.3 Market Segment by Application
6.3.1 World Pharmaceutical Grade Formic Acid Production by Application (2019-2030)
6.3.2 World Pharmaceutical Grade Formic Acid Production Value by Application (2019-2030)
6.3.3 World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2030)

7 Company Profiles
7.1 Eastman
7.1.1 Eastman Details
7.1.2 Eastman Major Business
7.1.3 Eastman Pharmaceutical Grade Formic Acid Product and Services
7.1.4 Eastman Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
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 Pharmaceutical Grade Formic Acid Product and Services
7.2.4 Perstorp Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 Perstorp Recent Developments/Updates
7.2.6 Perstorp Competitive Strengths & Weaknesses
7.3 Gujarat Narmada Valley Fertilizers & Chemicals
7.3.1 Gujarat Narmada Valley Fertilizers & Chemicals Details
7.3.2 Gujarat Narmada Valley Fertilizers & Chemicals Major Business
7.3.3 Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Product and Services
7.3.4 Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
7.3.6 Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
7.4 Luxi Chemical Group
7.4.1 Luxi Chemical Group Details
7.4.2 Luxi Chemical Group Major Business
7.4.3 Luxi Chemical Group Pharmaceutical Grade Formic Acid Product and Services
7.4.4 Luxi Chemical Group Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Luxi Chemical Group Recent Developments/Updates
7.4.6 Luxi Chemical Group Competitive Strengths & Weaknesses
7.5 Chongqing Chuandong Chemical
7.5.1 Chongqing Chuandong Chemical Details
7.5.2 Chongqing Chuandong Chemical Major Business
7.5.3 Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Product and Services
7.5.4 Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 Chongqing Chuandong Chemical Recent Developments/Updates
7.5.6 Chongqing Chuandong Chemical Competitive Strengths & Weaknesses
7.6 Shijiazhuang Taihe Chemical
7.6.1 Shijiazhuang Taihe Chemical Details
7.6.2 Shijiazhuang Taihe Chemical Major Business
7.6.3 Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Product and Services
7.6.4 Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Shijiazhuang Taihe Chemical Recent Developments/Updates
7.6.6 Shijiazhuang Taihe Chemical Competitive Strengths & Weaknesses

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

9 Research Findings and Conclusion

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

List of Tables
Table 1. World Pharmaceutical Grade Formic Acid Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Pharmaceutical Grade Formic Acid Production Value by Region (2019-2024) & (USD Million)
Table 3. World Pharmaceutical Grade Formic Acid Production Value by Region (2025-2030) & (USD Million)
Table 4. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2019-2024)
Table 5. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2025-2030)
Table 6. World Pharmaceutical Grade Formic Acid Production by Region (2019-2024) & (Tons)
Table 7. World Pharmaceutical Grade Formic Acid Production by Region (2025-2030) & (Tons)
Table 8. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2019-2024)
Table 9. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2025-2030)
Table 10. World Pharmaceutical Grade Formic Acid Average Price by Region (2019-2024) & (US$/Ton)
Table 11. World Pharmaceutical Grade Formic Acid Average Price by Region (2025-2030) & (US$/Ton)
Table 12. Pharmaceutical Grade Formic Acid Major Market Trends
Table 13. World Pharmaceutical Grade Formic Acid Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Tons)
Table 14. World Pharmaceutical Grade Formic Acid Consumption by Region (2019-2024) & (Tons)
Table 15. World Pharmaceutical Grade Formic Acid Consumption Forecast by Region (2025-2030) & (Tons)
Table 16. World Pharmaceutical Grade Formic Acid Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Pharmaceutical Grade Formic Acid Producers in 2023
Table 18. World Pharmaceutical Grade Formic Acid Production by Manufacturer (2019-2024) & (Tons)
Table 19. Production Market Share of Key Pharmaceutical Grade Formic Acid Producers in 2023
Table 20. World Pharmaceutical Grade Formic Acid Average Price by Manufacturer (2019-2024) & (US$/Ton)
Table 21. Global Pharmaceutical Grade Formic Acid Company Evaluation Quadrant
Table 22. World Pharmaceutical Grade Formic Acid Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Pharmaceutical Grade Formic Acid Production Site of Key Manufacturer
Table 24. Pharmaceutical Grade Formic Acid Market: Company Product Type Footprint
Table 25. Pharmaceutical Grade Formic Acid Market: Company Product Application Footprint
Table 26. Pharmaceutical Grade Formic Acid Competitive Factors
Table 27. Pharmaceutical Grade Formic Acid New Entrant and Capacity Expansion Plans
Table 28. Pharmaceutical Grade Formic Acid Mergers & Acquisitions Activity
Table 29. United States VS China Pharmaceutical Grade Formic Acid Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Pharmaceutical Grade Formic Acid Production Comparison, (2019 & 2023 & 2030) & (Tons)
Table 31. United States VS China Pharmaceutical Grade Formic Acid Consumption Comparison, (2019 & 2023 & 2030) & (Tons)
Table 32. United States Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 36. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 37. China Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 41. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 42. Rest of World Based Pharmaceutical Grade Formic Acid Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production (2019-2024) & (Tons)
Table 46. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share (2019-2024)
Table 47. World Pharmaceutical Grade Formic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Pharmaceutical Grade Formic Acid Production by Type (2019-2024) & (Tons)
Table 49. World Pharmaceutical Grade Formic Acid Production by Type (2025-2030) & (Tons)
Table 50. World Pharmaceutical Grade Formic Acid Production Value by Type (2019-2024) & (USD Million)
Table 51. World Pharmaceutical Grade Formic Acid Production Value by Type (2025-2030) & (USD Million)
Table 52. World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2024) & (US$/Ton)
Table 53. World Pharmaceutical Grade Formic Acid Average Price by Type (2025-2030) & (US$/Ton)
Table 54. World Pharmaceutical Grade Formic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Pharmaceutical Grade Formic Acid Production by Application (2019-2024) & (Tons)
Table 56. World Pharmaceutical Grade Formic Acid Production by Application (2025-2030) & (Tons)
Table 57. World Pharmaceutical Grade Formic Acid Production Value by Application (2019-2024) & (USD Million)
Table 58. World Pharmaceutical Grade Formic Acid Production Value by Application (2025-2030) & (USD Million)
Table 59. World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2024) & (US$/Ton)
Table 60. World Pharmaceutical Grade Formic Acid Average Price by Application (2025-2030) & (US$/Ton)
Table 61. Eastman Basic Information, Manufacturing Base and Competitors
Table 62. Eastman Major Business
Table 63. Eastman Pharmaceutical Grade Formic Acid Product and Services
Table 64. Eastman Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
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 Pharmaceutical Grade Formic Acid Product and Services
Table 70. Perstorp Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. Perstorp Recent Developments/Updates
Table 72. Perstorp Competitive Strengths & Weaknesses
Table 73. Gujarat Narmada Valley Fertilizers & Chemicals Basic Information, Manufacturing Base and Competitors
Table 74. Gujarat Narmada Valley Fertilizers & Chemicals Major Business
Table 75. Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Product and Services
Table 76. Gujarat Narmada Valley Fertilizers & Chemicals Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Gujarat Narmada Valley Fertilizers & Chemicals Recent Developments/Updates
Table 78. Gujarat Narmada Valley Fertilizers & Chemicals Competitive Strengths & Weaknesses
Table 79. Luxi Chemical Group Basic Information, Manufacturing Base and Competitors
Table 80. Luxi Chemical Group Major Business
Table 81. Luxi Chemical Group Pharmaceutical Grade Formic Acid Product and Services
Table 82. Luxi Chemical Group Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Luxi Chemical Group Recent Developments/Updates
Table 84. Luxi Chemical Group Competitive Strengths & Weaknesses
Table 85. Chongqing Chuandong Chemical Basic Information, Manufacturing Base and Competitors
Table 86. Chongqing Chuandong Chemical Major Business
Table 87. Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Product and Services
Table 88. Chongqing Chuandong Chemical Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. Chongqing Chuandong Chemical Recent Developments/Updates
Table 90. Shijiazhuang Taihe Chemical Basic Information, Manufacturing Base and Competitors
Table 91. Shijiazhuang Taihe Chemical Major Business
Table 92. Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Product and Services
Table 93. Shijiazhuang Taihe Chemical Pharmaceutical Grade Formic Acid Production (Tons), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 94. Global Key Players of Pharmaceutical Grade Formic Acid Upstream (Raw Materials)
Table 95. Pharmaceutical Grade Formic Acid Typical Customers
Table 96. Pharmaceutical Grade Formic Acid Typical Distributors
List of Figure
Figure 1. Pharmaceutical Grade Formic Acid Picture
Figure 2. World Pharmaceutical Grade Formic Acid Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Pharmaceutical Grade Formic Acid Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 5. World Pharmaceutical Grade Formic Acid Average Price (2019-2030) & (US$/Ton)
Figure 6. World Pharmaceutical Grade Formic Acid Production Value Market Share by Region (2019-2030)
Figure 7. World Pharmaceutical Grade Formic Acid Production Market Share by Region (2019-2030)
Figure 8. North America Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 9. Europe Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 10. China Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 11. Japan Pharmaceutical Grade Formic Acid Production (2019-2030) & (Tons)
Figure 12. Pharmaceutical Grade Formic Acid Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 15. World Pharmaceutical Grade Formic Acid Consumption Market Share by Region (2019-2030)
Figure 16. United States Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 17. China Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 18. Europe Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 19. Japan Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 20. South Korea Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 21. ASEAN Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 22. India Pharmaceutical Grade Formic Acid Consumption (2019-2030) & (Tons)
Figure 23. Producer Shipments of Pharmaceutical Grade Formic Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 24. Global Four-firm Concentration Ratios (CR4) for Pharmaceutical Grade Formic Acid Markets in 2023
Figure 25. Global Four-firm Concentration Ratios (CR8) for Pharmaceutical Grade Formic Acid Markets in 2023
Figure 26. United States VS China: Pharmaceutical Grade Formic Acid Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Pharmaceutical Grade Formic Acid Production Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Pharmaceutical Grade Formic Acid Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 29. United States Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 30. China Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 31. Rest of World Based Manufacturers Pharmaceutical Grade Formic Acid Production Market Share 2023
Figure 32. World Pharmaceutical Grade Formic Acid Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 33. World Pharmaceutical Grade Formic Acid Production Value Market Share by Type in 2023
Figure 34. Content 95%
Figure 35. Content 99%
Figure 36. Other
Figure 37. World Pharmaceutical Grade Formic Acid Production Market Share by Type (2019-2030)
Figure 38. World Pharmaceutical Grade Formic Acid Production Value Market Share by Type (2019-2030)
Figure 39. World Pharmaceutical Grade Formic Acid Average Price by Type (2019-2030) & (US$/Ton)
Figure 40. World Pharmaceutical Grade Formic Acid Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 41. World Pharmaceutical Grade Formic Acid Production Value Market Share by Application in 2023
Figure 42. Solvent
Figure 43. Excipient
Figure 44. Catalyst
Figure 45. Other
Figure 46. World Pharmaceutical Grade Formic Acid Production Market Share by Application (2019-2030)
Figure 47. World Pharmaceutical Grade Formic Acid Production Value Market Share by Application (2019-2030)
Figure 48. World Pharmaceutical Grade Formic Acid Average Price by Application (2019-2030) & (US$/Ton)
Figure 49. Pharmaceutical Grade Formic Acid Industry Chain
Figure 50. Pharmaceutical Grade Formic Acid Procurement Model
Figure 51. Pharmaceutical Grade Formic Acid Sales Model
Figure 52. Pharmaceutical Grade Formic Acid Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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

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

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

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

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Data Source

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

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    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.

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    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.

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    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.

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    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.

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    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.

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Companies Mentioned

Eastman
Perstorp
Gujarat Narmada Valley Fertilizers & Chemicals
Luxi Chemical Group
Chongqing Chuandong Chemical
Shijiazhuang Taihe Chemical
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