Global Calcium Formate Market Register at a CAGR of 7.72 % by 2021
Global Calcium Formate Market Report, Market Size and Industry Analysis:
According to recent research reports published by research cosmos, the global calcium formate market size is valued USD $ 200 Million in 2013 and further, the market size is expanded it is estimated to reach USD $ 320 Million during the forecast period.
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Growth driving factors of Global Calcium Formate Market:
Calcium formate is preferred as a fuel component in explosives designed to improve deflagration behavior. The mixture of calcium formate and urea is an excellent ice-melting agent. It is preferred as an additive to improve the stability of the solution of various resins, as a corrosion inhibitor in molding and drawing operations, and as a catalyst instead of calcium acetate.
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Geographical Analysis of Global Calcium formate market:
Region Asia Pacific is expected to grow the market share of calcium formate market. The reason behind growing the demand for the calcium formate market from developing countries such as China and India.
Market Segmentation of Global Calcium Formate Market:
Global Calcium Formate Market – By Product:
- Feed Grade
- Industrial Grade
Global Calcium Formate Market – By Industry:
- Feed
- Construction
- Leather Industry
- Chemical Industry
Global Calcium Formate Market – By Channel:
- Direct Sales
- Distributor
Global Calcium Formate Market – By Region:
- North America Country (United States, Canada)
- South America
- Asia Country (China, Japan, India, Korea)
- Europe Country (Germany, UK, France, Italy)
- Other Country (Middle East, Africa, GCC)
Some of prominent Key Players of Global Calcium Formate Market:
- Perstorp Holding AB
- ZIBO RUIBAO CHEMICAL CO., LTD
- 5 + More
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