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Market Research Report on Global Formic Acid Industry Trend and Forecast 2015-2019

(IT-NEWSWIRE.COM, July 15, 2015 ) Formic acid is a carboxylic acid that is used as a chemical intermediate in various end-use applications. It is a colourless liquid formed by the reaction of sulphuric acid with sodium formate. Formic acid is commercially available in concentrations of 78%, 80%, 85%, 94% and 99%, of which the one with 85% concentration is the most widely sought. The acid is also produced as a by-product during the manufacture of acetic acid.
Agriculture, leather, rubber, chemicals and pharmaceutical industries are the major end-users of the acid, with the chemical being evaluated for new applications by other end-use industries.

Browse Detail Report With TOC @ http://www.researchmoz.us/global-formic-acid-market-2015-2019-report.html

Market analysts forecast the global formic acid market to grow at a CAGR of 5.63% over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the global formic acid market for the period 2015-2019. The report also provides data on the following segments of the market:
End-users (agriculture, leather, rubber, chemical & pharmaceutical, textile, and other industries)
Geography (APAC, EMEA, North America, and ROW)
Production process (methyl formate technology, acetic acid production, hydrogenation of carbon dioxide, oxidation of biomass, and bio-synthesis)

New report, Global Formic Acid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, and an extensive coverage on various applications, geography, and production processes. The report provides comments on both the existing market landscape and the growth prospects in the coming years. The report further includes a discussion on the key vendors operating in this market and uses Herfindahl Index to map the intensity of competition in various markets across the world.

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=sample&repid=297074

Key Vendors
BASF
Feicheng Acid Chemicals
Gujarat Narmada Valley Fertilizers
Helm Italia
Perstorp
Taminco

Other Prominent Vendors
Polioli
Rashtriya Chemical
Shahid Rasouli Petrochemical
Shandong Baoyuan Chemical
Shanxi Yuanping
Sigma-Aldrich

Market Driver
Increased Use as a Preservative and Anti-bacterial Agent in Livestock Feed
For a full, detailed list, view our report

Market Challenge
Technological Limitations in New Applications
For a full, detailed list, view our report

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Market Trend
Consolidation in Industry Driven by Focus Strategy
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the various end-uses and potential applications for the product?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is the nature of competition between them?
What are the market opportunities and threats faced by the key vendors?

Browse All Chemicals Market Research Reports & Industry Analysis @ http://www.researchmoz.us/chemicals-market-reports-57.html

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

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