What is the current Asia-Pacific Formic Acid Market size?

October 2022: Petroliam Nasional Berhad (PETRONAS) acquired Perstop, a leading specialty chemicals company and a producer of formic acid headquartered in Sweden, to expand its business in the specialty chemicals industry.
February 2022: Gujarat Narmada Valley Fertilizers & Chemicals Limited announced plans to invest INR 30-40 billion (~USD 364.61- 486.15 million) in the next 3-4 years. It is to expand the plant capacities of formic acid and concentrated nitric acid in India.

The Asia-Pacific Formic Acid Market is projected to register a CAGR of 4.63% during the forecast period (2024-2029) Read More

What years does this Asia-Pacific Formic Acid Market cover?

The report covers the Asia-Pacific Formic Acid Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Formic Acid Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Formic Acid Market Market Share

Statistics for the 2023 & 2024 Asia-Pacific Formic Acid Market market share, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Formic Acid Market share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Asia-Pacific Formic Acid Industry

The Asia-Pacific formic acid is consolidated by nature. Some of the major players (in no particular order) in the market include BASF SE, LUXI GROUP, Gujarat Narmada Valley Fertilizers & Chemicals Limited, Shandong Acid Technology Co., Ltd., and Sintas Kurama Perdana among others.