Calcium Formate Market worth $713 million by 2025, at a CAGR of 5.5%
The global calcium formate market size is estimated to grow from USD 545 million in 2020 to USD 713 million by 2025, at a CAGR of 5.5%. Calcium formate are used across industries, such as construction, leather & textile, power generation, animal husbandry and chemicals. In the calcium formate market, construction is the key end-use industry owing to the wide applications of calcium formate as concrete setting, tile & stone additive, and others in this sector. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191530782 The industrial grade segment is the largest grade of calcium formate. The calcium formate market has been segmented based on grade into two types namely industrial grade and feed grade. Among the two grades, the industrial grade segment accounted for the largest share of the market in 2019 and is likely to witness a significant growth during the forecast period. The demand for industrial grade calcium formate is driven by its u