The North American formic acid market is projected to reach $44,645 thousand by 2018, at a CAGR of 4.1% from 2013 to 2018. The key driver of the market is the availability of cheap natural gas which is required for the production of formic acid. The North American market is witnessing a high growth also due to the growing demand from the various end-user industries such as pharmaceuticals, animal nutrition, and leather, among others. The report provides a comprehensive overview of the key market drivers, challenges, and issues.
The report defines and segments the formic acid market in the region with analysis and projections of the size of the North American formic acid market, in terms of volume (KT) and value ($thousand).
Formic acid is one of the basic organic chemical raw materials widely used in pesticide, leather, dyes, pharmaceuticals, and rubber industries. The high quality and environmental acceptability are some of the major features creating an upsurge in the demand in the industry. The formic acids market is segmented on the basis of its grades such as formic acid 85%, formic acid 94%, and formic acid 99%, among others.
The North American formic acid market report covers the formic acid market in the North American region and the trends concerning the major countries in the region, namely the U.S., Canada, and Mexico. The major applications covered in the North American market include agriculture, leather & textile, rubber, and chemical & pharmaceuticals, among others.
As a part of qualitative analysis, this report provides a comprehensive review of the important drivers, restraints, opportunities, and key burning issues in the North American formic acid market. The report also provides an extensive competitive landscape of the leading companies operating in this market. It also includes the company profiles and competitive strategies adopted by various market players, including Alfa Aesar (U.S.), in the market.
Customization Options:
Along with the market data, customize the MMM offerings in alignment with your company’s specific needs. Customize your report to get an insight into the industry standards and a deep-dive analysis of the following considerations:
- Market size in terms of volume (application-wise and country-wise)
- Production capacity of the global major players can be provided (company-wise)
- Detailed analysis of different grades of formic acid such as formic acid 85%, formic acid 94%, and formic acid 99%, among others can be provided in terms of volume and value (country-wise)
- The profiles of companies that are involved in offering of formic acid such as formic acid 85%, formic acid 94%, and formic acid 99%, among others
- A list of the various end-user industries and the application of formic acid in the respective industries
- Import-Export data, by each country within the region, and other key countries of the world
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Formic acid-North America, By Applications
4.1 Split By Geography
4.1 Formic acid-U.S. by Applications
4.1 Formic acid-Canada by Applications
4.1 Formic acid-Mexico by Applications
4.2 Formic acid-North America-Livestock (Animals)
4.2.1 Formic acid-North America-Livestock (Animals), By Geographies
4.2.1.1 Formic acid-U.S.-Livestock (Animals)
4.2.1.2 Formic acid-Canada-Livestock (Animals)
4.2.1.3 Formic acid-Mexico-Livestock (Animals)
4.3 Formic acid-North America-Textiles Manufacturing
4.3.1 Formic acid-North America-Textiles Manufacturing, By Geographies
4.3.1.1 Formic acid-U.S.-Textiles Manufacturing
4.3.1.2 Formic acid-Canada-Textiles Manufacturing
4.3.1.3 Formic acid-Mexico-Textiles Manufacturing
4.4 Formic acid-North America-Synthetic Rubber
4.4.1 Formic acid-North America-Synthetic Rubber, By Geographies
4.4.1.1 Formic acid-U.S.-Synthetic Rubber
4.4.1.2 Formic acid-Canada-Synthetic Rubber
4.4.1.3 Formic acid-Mexico-Synthetic Rubber
4.5 Formic acid-North America-Chemical Manufacturing & Processing
4.5.1 Formic acid-North America-Chemical Manufacturing & Processing, By Geographies
4.5.1.1 Formic acid-U.S.-Chemical Manufacturing & Processing
4.5.1.2 Formic acid-Canada-Chemical Manufacturing & Processing
4.5.1.3 Formic acid-Mexico-Chemical Manufacturing & Processing
5 Formic acid-North America, By Types
5.1 Split By Geography
5.2 Formic acid-U.S. by Types
5.1 Formic acid-Canada by Types
5.1 Formic acid-Mexico by Types
5.2 Formic Acid (94% Purity Grade)-North America
5.2.1 Formic Acid (94% Purity Grade)-North America, By Geographies
5.2.1.1 Formic Acid (94% Purity Grade)-U.S.
5.2.1.2 Formic Acid (94% Purity Grade)-Canada
5.2.1.3 Formic Acid (94% Purity Grade)-Mexico
5.3 Formic Acid (85% Purity Grade)-North America
5.3.1 Formic Acid (85% Purity Grade)-North America, By Geographies
5.3.1.1 Formic Acid (85% Purity Grade)-U.S.
5.3.1.2 Formic Acid (85% Purity Grade)-Canada
5.3.1.3 Formic Acid (85% Purity Grade)-Mexico
5.4 Formic Acid (99% Purity Grade)-North America
5.4.1 Formic Acid (99% Purity Grade)-North America, By Geographies
5.4.1.1 Formic Acid (99% Purity Grade)-U.S.
5.4.1.2 Formic Acid (99% Purity Grade)-Canada
5.4.1.3 Formic Acid (99% Purity Grade)-Mexico
6 Formic acid-North America, By Geographies
6.1 Formic acid-U.S.
6.1.1 Formic acid-U.S., By Applications
6.1.1.1 Formic acid-U.S.-Synthetic Rubber
6.1.1.2 Formic acid-U.S.-Textiles Manufacturing
6.1.1.3 Formic acid-U.S.-Chemical Manufacturing & Processing
6.1.1.4 Formic acid-U.S.-Livestock (Animals)
6.1.2 Formic acid-U.S., By Types
6.1.2.1 Formic Acid (94% Purity Grade)-U.S.
6.1.2.2 Formic Acid (85% Purity Grade)-U.S.
6.1.2.3 Formic Acid (99% Purity Grade)-U.S.
6.2 Formic acid-Canada
6.2.1 Formic acid-Canada, By Applications
6.2.1.1 Formic acid-Canada-Synthetic Rubber
6.2.1.2 Formic acid-Canada-Textiles Manufacturing
6.2.1.3 Formic acid-Canada-Chemical Manufacturing & Processing
6.2.1.4 Formic acid-Canada-Livestock (Animals)
6.2.2 Formic acid-Canada, By Types
6.2.2.1 Formic Acid (94% Purity Grade)-Canada
6.2.2.2 Formic Acid (85% Purity Grade)-Canada
6.2.2.3 Formic Acid (99% Purity Grade)-Canada
6.3 Formic acid-Mexico
6.3.1 Formic acid-Mexico, By Applications
6.3.1.1 Formic acid-Mexico-Synthetic Rubber
6.3.1.2 Formic acid-Mexico-Chemical Manufacturing & Processing
6.3.1.3 Formic acid-Mexico-Livestock (Animals)
6.3.2 Formic acid-Mexico, By Types
6.3.2.1 Formic Acid (94% Purity Grade)-Mexico
6.3.2.2 Formic Acid (85% Purity Grade)-Mexico
6.3.2.3 Formic Acid (99% Purity Grade)-Mexico
7 Formic acid-North America, By Companies
7.1 Competitive landscape
7.2 Split By Geography
7.3 Formic acid-U.S. by Companies
7.1 Formic acid-Canada by Companies
7.1 Formic acid-Mexico by Companies
7.3 Formic acid-North America-BASF SE
7.4 Formic acid-North America-Taminco
7.5 Formic acid-North America-Feicheng Acid Chemicals Co.,Limited
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