Key Formic Acid Market Players:
- BASF SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Eastman Chemical Company,
- Perstorp AB
- Feicheng Acid Chemicals Co., Ltd
- Chongqing Chuandong Chemical (Group) Co., Ltd
- Agro-Bio Contrôle Inc.
- Brenntag Canada, Inc.
- ClearTech Industries, Inc.Gujarat Narmada Valley Fertilizers & Chemicals Limited ,
- LUXI GROUP
- NOD Apiary Products Ltd
- Quadra Chemicals Ltd
- Univar Solutions Ltd
- Qingdao Hisea Chem Co., Ltd
- Shandong Aojin Chemical Technology Co., Ltd
- OCOchem
Key players in the formic acid market are employing strategies such as technological innovations, advanced solution launches, strategic collaborations and partnerships, mergers & acquisitions, and regional expansions. Industry giants are forming strategic partnerships with other players and collaborating with research organizations and universities to increase the applications areas of formic areas. In recent years, many market players collaborated with researchers from top universities to expand the use of formic acid. Furthermore, mergers, acquisitions, and regional expansion strategies are aiding them to boost their formic acid market reach.
Some of the key players include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of formic acid is evaluated at USD 2.28 billion.
Formic Acid Market size was over USD 2.18 billion in 2025 and is poised to exceed USD 3.55 billion by 2035, growing at over 5% CAGR during the forecast period i.e., between 2026-2035.
North America leads the formic acid market with a 37.8% share, propelled by the presence of industry giants, chemical research organizations, and high livestock feed demand, ensuring robust growth through 2035.
Key players in the market include BASF SE, Eastman Chemical Company, Perstorp AB, and Feicheng Acid Chemicals Co., Ltd.
