This report provides detailed analysis of worldwide markets for Formic Acid from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the key technological and market trends in the Formic Acid market and further lays out an analysis of the factors influencing the supply/demand for Formic Acid, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.
Formic acid (systematically called methanoic acid) is the simplest carboxylic acid. Formic acid is a clear, colorless, mobile liquid with a pungent odour. Its chemical formula is HCOOH or HCO2H. It is an important intermediate in chemical synthesis and occurs naturally, most notably in ant venom. Its name comes from the Latin word for ant, formica, referring to its early isolation by the distillation of ant bodies. Esters, salts, and the anions derived from formic acid are referred to as formates.
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Report has been prepared based on the synthesis, analysis, and interpretation of information about the global Formic Acid market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Formic Acid market are Empower Materials (USA), Bayer (Germany), Sabic (Saudi Arabia), Jiangsu Zhongke Jinlong (China), Inner Mongolia Mengxi (China), Henan Tianguan Group (China), Nanyang Zhongju Tianguan (China).
The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Formic Acid industry has been provided.
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