How big is the Calcium Formate Market | Global Size and Key Applications 2025

Q: How big is the calcium format market?

The market was estimated at USD 619 million in 2024 and is projected to reach USD 891 million by 2031.

Q: What is driving the growth of the calcium format market?

Construction growth, animal feed demand, and de-icing applications are major drivers.

Q: Who are the major players in the calcium format market?

Major players include Perstorp, LANXESS, BASF, and Zibo Ruibao Chemical.

Q: What is the expected CAGR of the calcium format market?

The market is expected to grow at a CAGR of 6.3% between 2025 and 2031.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5545

Publication Date: Jul 2025

What is the size of the Calcium Formate Market?

According to 6Wresearch internal database and industry insights, the Calcium Formate Market was estimated at USD 619 million in 2024 and is projected to reach USD 891 million by 2031, growing at a CAGR of 6.3% during the forecast period 2025–2031.

The market growth is driven by its widespread use as a cement additive, animal feed preservative, and de-icing agent, along with growing construction and agriculture sectors globally.

Key Growth Factors of the Calcium Formate Market

Rising construction activities increasing demand for cement additives
Growth in livestock farming boosting the use of feed additives
Expanding use as a de-icing agent in cold climates
Improved concrete setting properties supporting infrastructure growth
Growing applications in leather tanning and chemical industries

Calcium Formate Market Trends

The calcium formate market is accelerating over the years with the rising adoption in fast-setting cement and mortar formulations. This market is seeing interest in bio-based and eco-friendly additives where calcium formate plays a key role. Its multifunctional use across industries supports steady demand. Further, the manufacturers are focusing on cost-effective formulations for wider industrial use. Also, the regulatory is increasing push for low-emission construction materials is further boosting adoption.

Emerging Developments in the Calcium Formate Market

Calcium formate market is experiencing the growth with increasing investments in high-purity and food-grade calcium formate for advanced applications. Innovations are occurring and blending with other additives are being developed to enhance performance in cold-weather concreting. Asia-Pacific continues to lead with strong construction and agriculture output. Advancements in production technology are improving yield and purity of the compound.