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Calcium Formate Price Trend and Forecast

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Calcium Formate Price Trend and Forecast

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Market Overview

For the Quarter Ending September 2021

North America

The prices of Calcium Formate witnessed a significant rise across the North American region in Q3 of 2021 on the back of the consistent demand from the downstream construction industry. High energy pricing and soaring freight costs continued to deter the country's trade momentum during the third quarter. The occurrence of Hurricane Ida in September had a devastating impact on several manufacturing units which caused overall operating rates to fall in Q3 of 2021.

Asia Pacific

The resumption of industrial activities positively affected the overall domestic market in the Asia Pacific region during the third quarter. The price trend of Calcium Formate observed a steep rise during Q3 followed by the increased building and infrastructure activities across the region. Skyrocketing freight costs and limited availability of the material further affected the supply outlook during the quarter. In the Indian market, demand has remained firm from the cement manufacturers. Calcium Formate 98% (Industrial grade) prices have escalated from USD 628/MT to USD 691/MT during the third quarter.

Europe

In the European region, the demand for Calcium Formate showcased an improvement in Q3 for tile adhesives manufacturing due to the growth in the construction sector. Withdrawal of force majeure by the leading manufactures in Germany translated into an improved supply outlook in the domestic market during Q3. In terms of demand, increased demand for packaging materials has been proportional to the increase in food production during the quarter.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Calcium Formate is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Calcium Formate market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Calcium Formate manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Calcium Formate market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Calcium Formate market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Calcium Formate are analyzed and region-wise demand pattern is tracked.

About

Calcium Formate is an organic molecular entity comprises of calcium and formate ions. It is a white crystalline, inflammable solid with no odor which is also known as E238 and stable at room temperature. Calcium Formate is produced during the production of trimethylolpropane as a co-product where Calcium Hydroxide is utilized as a calcium source. Calcium formate is synthesized from several reactions such as by reacting Calcium Hydroxide and Carbon Monoxide at high temperature and pressure and by reacting Calcium Chloride and Formic Acid. Calcium Formate find utility in many applications including Leather Tanning as a masking agent in a tanning process, as a cement additive, silage treatment, for flue-gas desulfurization, as an animal feed, as a deicing agent, as a corrosion inhibitor, in the production of safety explosives and others. The major end use industries of Calcium Formate are Textile and Leather industry, Feed additive, Building and Construction, Chemicals, and Others.

Product Specific Details

CAS No:	544-17-2
HS Code:	29151290
Grade:	Technical Grade
Contract Size:	50MT
Packaging Type:	Drum/ISO Tank

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Countries Covered:

• China

• Japan

• India

• South Korea

• Singapore

• Germany

• France

• Belgium

• USA

• Brazil

• Saudi Arabia

• UAE

• South Africa

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Calcium Formate Price Trend and Forecast