市場調查報告書
商品編碼
1476396
全球甲酸鈣市場:分析 - 按等級、按應用、按最終用戶、按地區、預測(至 2030 年)Calcium Formate Market Forecasts to 2030 - Global Analysis By Grade (Industrial Grade and Feed Grade), Application (Tile & Stone Additives, Flue Gas Desulfurization and Other Applications), End User and By Geography |
預計2023年全球甲酸鈣市場規模將達8.0625億美元,2030年將達13.3761億美元,預測期內複合年成長率為7.5%。甲酸鈣是一種化學式為 Ca(HCOO)2 的化合物,是甲酸的鈣鹽,其特徵為白色結晶質固體。甲酸鈣廣泛應用於建築、農業和食品製造等各行業,用途廣泛。在建築中,它充當水泥混合物中的添加劑,幫助混凝土硬化並提高強度和耐久性等性能。在食品工業中,它充當防腐劑和酸味劑,延長保存期限並提高產品品質。
根據中國盛德化學有限公司介紹,在仔豬日糧中添加甲酸鈣可提高飼料轉換率7-10%。據印度品牌資產基金會(IBEF)稱,印度預計到 2025年終將成為第三大建築業。據皮革出口委員會稱,印度是世界第二大皮革產品生產國和出口國。
建築業的成長
由於甲酸鈣的應用多種多樣,建築業的成長是甲酸鈣市場的主要促進因素。甲酸鈣在水泥和混凝土配方中充當促凝劑,提高其強度和耐久性。隨著世界各地基礎設施計劃(包括住宅、商業和工業建築)需求的不斷增加,對甲酸鈣的需求也增加。由於其能夠縮短固化時間並提高可加工性,因此它是首選的添加劑,並正在推動市場成長。此外,促進環保施工方法的嚴格法規進一步推動了甲酸鈣的採用,因為它在許多應用中被認為是更永續的替代品。
監管限制
甲酸鈣市場的監管限制是管理甲酸鈣生產、銷售和使用的政府政策、標準和法規。這些限制包括允許的雜質含量限制、廢棄物處置的環境法規以及處理和運輸的安全標準。遵守這些法規通常會為製造商和分銷商帶來額外的成本,從而影響市場動態。此外,監管要求的變化可能會影響產品開拓和市場策略,公司必須適應新標準,同時確保持續盈利。
醫藥化工
醫藥化工產業在甲酸鈣市場蘊藏巨大商機。甲酸鈣有多種用途,包括用作飼料添加劑、混凝土加速劑和鑽井液成分。在醫藥方面,由於其緩衝和抗菌作用,可用於藥物製劑。在化學中,它充當各種反應的催化劑。其多功能性和廣泛的應用使其成為這些行業的寶貴商品,為創新和產品開拓提供機會,以滿足新興市場的需求和監管要求。此外,隨著對永續和環保替代品的需求不斷增加,甲酸鈣作為生物分解性和無毒選擇的潛力進一步增加了對這些產業的吸引力。
技術進步
技術進步以多種方式對甲酸鈣市場構成威脅。替代材料和製造流程的創新可以減少建築、動物飼料和化學品生產等各行業對甲酸鈣的需求。化學合成技術的進步可能會帶來更具成本效益或環境友善的甲酸鈣替代品。儲存和運輸方法的突破可能會提高競爭產品的可用性和效率,進一步威脅甲酸鈣的市場地位。因此,甲酸鈣產業的公司需要保持警惕並適應技術進步的潛在干擾。
COVID-19 對甲酸鈣市場的影響值得注意。這場大流行擾亂了各個行業,包括作為甲酸鈣主要消費者的建設業,導致需求波動。供應鏈中斷,造成物流挑戰並影響生產和分銷。此外,經濟不確定性導致一些計劃延遲或取消,進一步影響需求。然而,隨著世界逐漸復甦和建設活動恢復,隨著基礎設施計劃恢復步伐,甲酸鈣市場預計將穩定甚至成長。
預計工業級細分市場在預測期內將是最大的
由於建築、皮革鞣製和飼料添加劑等行業對甲酸鈣的需求不斷成長,甲酸鈣市場的工業級細分市場正在顯著成長。此外,甲酸鈣的特性,包括其作為混凝土促進劑、防腐劑和 pH 調節劑的功能,將其應用擴展到多個領域。此外,製造流程的進步和創新配方的開拓正在提高工業甲酸鈣產品的性能和適用性,進一步推動市場成長。此外,全球基礎設施開發計劃投資的增加刺激了對甲酸鈣等建築化學品的需求,從而促進了該領域的擴張。
建築業預計在預測期內複合年成長率最高
建築業的成長歸功於甲酸鈣作為水泥和混凝土配方中的有效添加劑,改善了凝結時間和強度等性能。隨著全球建築業的蓬勃發展,特別是在新興經濟體,對甲酸鈣作為建築化學品的需求正在迅速增加。此外,與傳統添加劑相比,其環保特性進一步提高了其受歡迎程度。正在進行的基礎設施開發計劃和永續建築實踐的日益成長趨勢正在推動該領域對甲酸鈣的需求。此外,它在瓷磚黏劑、砂漿和自流平化合物等應用中的多功能性使其在建築工地更具吸引力。
由於建築、動物飼料和化學品製造等各行業的需求不斷增加,北美地區甲酸鈣市場正在顯著成長。甲酸鈣作為混凝土添加劑的多功能性,可提高和易性和強度,推動其在建築行業的採用,特別是在美國和加拿大。人們越來越認知到甲酸鈣在動物營養中促進生長和促進健康的益處,這正在推動其在北美動物飼料行業的使用。
由於中國和印度等國家的都市化和工業化程度不斷提高,亞太地區正在經歷顯著成長,導致對建築材料的需求激增,甲酸鈣被用作水泥和混凝土配方中的添加劑。此外,孟加拉和越南等國家的皮革工業正在擴張,在鞣製過程中使用甲酸鈣也促進了市場的成長。此外,亞太地區的經濟發展和多元化的產業格局正在帶動各領域對甲酸鈣的需求,支撐亞太市場的擴張。
According to Stratistics MRC, the Global Calcium Formate Market is accounted for $806.25 million in 2023 and is expected to reach $1,337.61 million by 2030 growing at a CAGR of 7.5% during the forecast period. Calcium formate is a chemical compound with the formula Ca(HCOO)2. It is the calcium salt of formic acid, characterized by its white, crystalline solid form. Widely used in various industries, including construction, agriculture, and food production, calcium formate serves multiple purposes. In construction, it acts as an additive in cement formulations, aiding in concrete setting and improving its properties such as strength and durability. It acts as a preservative and acidifier in the food industry, extending the shelf life of products and enhancing their quality.
According to China-based Sidley Chemicals Co. Ltd., adding calcium formate to a piglet diet can improve the feed conversion rate by 7-10 percent. According to the India Brand Equity Foundation (IBEF), India is expected to be the third-largest construction industry by the end of 2025. According to the Council of Leather Exports, India is the second-largest producer and exporter of leather products in the world.
Construction industry growth
The construction industry's growth is a key driver for the calcium formate market due to the compound's versatile applications. Calcium formate serves as a setting accelerator in cement and concrete formulations, enhancing their strength and durability. With the rising demand for infrastructure projects worldwide, including residential, commercial, and industrial construction, the need for calcium formate is escalating. Its effectiveness in reducing curing time and improving workability makes it a preferred additive, thereby stimulating market growth. Additionally, stringent regulations promoting eco-friendly construction practices further propel the adoption of calcium formate, as it is considered a more sustainable alternative in many applications.
Regulatory constraints
Regulatory constraints in the calcium formate market are governmental policies, standards, and regulations that govern the production, sale, and use of calcium formate. These constraints may include restrictions on the levels of impurities allowed, environmental regulations regarding waste disposal, and safety standards for handling and transportation. Compliance with these regulations often entails additional costs for manufacturers and distributors, impacting market dynamics. Moreover, changes in regulatory requirements can influence product development and market strategies, as companies must adapt to meet new standards while ensuring continued profitability.
Pharmaceutical and chemical industries
The pharmaceutical and chemical industries have a significant opportunity in the calcium formate market. Calcium formate serves various purposes, including as a feed additive, a concrete accelerator, and a component in drilling fluids. In pharmaceuticals, it can be used in formulations for its buffering and antimicrobial properties. In the chemical sector, it acts as a catalyst in various reactions. Its versatility and wide range of applications make it a valuable commodity for these industries, presenting opportunities for innovation and product development to meet evolving market demands and regulatory requirements. Additionally, as demand for sustainable and eco-friendly alternatives grows, calcium formate's potential as a biodegradable and non-toxic option further enhances its appeal to these sectors.
Technological advances
Technological advances pose a threat to the calcium formate market in several ways. Innovations in alternative materials or manufacturing processes could reduce the demand for calcium formate in various industries like construction, animal feed, and chemical production. Advancements in chemical synthesis techniques might lead to more cost-effective or environmentally friendly substitutes for calcium formate. Breakthroughs in storage and transportation methods could make competing products more accessible and efficient, further challenging calcium formate's market position. Consequently, companies operating in the calcium formate sector must stay vigilant and adaptable to navigate potential disruptions caused by technological progress.
The impact of COVID-19 on the calcium formate market has been notable. With the pandemic disrupting various industries, including construction, which is a major consumer of calcium formate, demand has fluctuated. Supply chains were disrupted, leading to logistical challenges and affecting production and distribution. Additionally, economic uncertainties prompted some projects to be postponed or canceled, further impacting demand. However, as the world gradually recovers and construction activities resume, the calcium formate market is expected to stabilize and potentially even witness growth as infrastructure projects resume their pace.
The industrial grade segment is expected to be the largest during the forecast period
The industrial-grade segment in the calcium formate market has been experiencing significant growth due to the rising demand for calcium formate in industries such as construction, leather tanning, and feed additives. Additionally, calcium formate's properties, including its ability to act as a concrete accelerator, preservative, and pH regulator, have expanded its utility across multiple sectors. Moreover, advancements in manufacturing processes and the development of innovative formulations have enhanced the performance and applicability of industrial-grade calcium formate products, further driving market growth. Furthermore, increasing investments in infrastructure development projects globally have spurred the demand for construction chemicals, including calcium formate, contributing to the segment's expansion.
The construction segment is expected to have the highest CAGR during the forecast period
The construction segment's growth can be attributed to calcium formate's ability to serves as an effective additive in cement and concrete formulations, enhancing properties like setting time and strength. With the booming construction industry globally, particularly in emerging economies, the demand for calcium formate as a construction chemical has surged. Additionally, its eco-friendly nature compared to traditional additives further boosts its popularity. Ongoing infrastructure development projects and the increasing trend towards sustainable construction practices are driving the demand for calcium formate in the segment. Furthermore, its versatility in applications, including tile adhesives, mortars, and self-leveling compounds, widens its appeal in construction.
The North American region has experienced notable growth in the calcium formate market due to increased demand in various industries, such as construction, animal feed, and chemical manufacturing. Calcium formate's versatility as a concrete additive for improving workability and strength has fuelled its adoption in the construction sector, especially in the United States and Canada. Rising awareness about the benefits of calcium formate in animal nutrition for improved growth and health has driven its usage in the animal feed industry across North America.
The Asia-Pacific region has experienced notable growth due to increasing urbanization and industrialization in countries like China and India, which have spurred demand for construction materials, where calcium formate is utilized as an additive for cement and concrete formulations. Moreover, the expanding leather industry in countries like Bangladesh and Vietnam, where calcium formate is employed in the tanning process, has contributed to market growth. Furthermore, the region's economic development and diverse industrial landscape have propelled the demand for calcium formate across multiple sectors, fuelling its market expansion in the Asia-Pacific.
Key players in the market
Some of the key players in Calcium Formate market include American Elements, Cerne Calcium Company, Chongqing Chuandong Chemical (Group) Co. Ltd., Command Chemical Corporation, Feicheng Acid Chemicals Co.Ltd., Geo Specialty Chemicals, Inc., LANXESS Corporation, Minerals Technologies Inc., Perstorp Holding AB, SIDLEY CHEMICAL CO., LTD., The Lubrizol Corporations and Zibo Ruibao Chemical Co. Ltd.
In April 2024, LANXESS has developed special ion exchange resin grades within its Lewatit UltraPure range that can be used for water treatment in PEM electrolysis (Proton Exchange Membrane Electrolysis). This process, which converts electricity from preferably renewable energies into hydrogen, is regarded as a promising approach to the sustainable production of this precious gas. In this way, fluctuations in wind power and solar radiation can be better compensated.
In April 2024, Lubrizol has opened a new Global Capability Centre (GCC) in Pune, India as a strategic hub to accelerate its growth in the region and enable closer collaboration for its customers and employees leveraging local talent to enable regional and global success in the many markets and industries it serves. The campus is WELL- and LEED Gold certified to enable a safe, healthy, and environmentally conscious workspace. In addition to a well-designed and ergonomic workspace, the 42,000-square-foot facility features wellness rooms, a recreational area, a training area and huddle rooms with an emphasis on natural light.