USD 28–48 mn2025 estimate
PRESS RELEASE · 30 OCTOBER 2026
Calcium Formate Market Estimated at USD 600–800 mn in 2025, Says Market Krystal
MARKET KRYSTAL ESTIMATE
USD 600–800 mnCalcium Formate market, 2025- Confidence
- Grade B
- Forecast
- 2026–2035
- Scenarios
- to 2047
30 October 2026 – Market Krystal has published its Calcium Formate market report, covering demand, supply, the value chain and market size, with a forecast for 2026–2035 and scenarios to 2047.
Calcium formate is the calcium salt of formic acid, a white water-soluble powder. It is the standard set accelerator in cement tile adhesives, grouts, self-levelling and repair mortars, and is also a feed acidifier, a leather tanning aid and a concrete admixture. Supply comes from two routes: neutralising formic acid with lime, mainly in China, and co-production with pentaerythritol and trimethylolpropane polyols at Perstorp and LANXESS.
Key findings
Demand
Construction is the largest use, led by tile adhesives, dry-mix mortars and concrete set acceleration (Polaris), and Asia Pacific is the largest region at 53.56% of 2025 revenue (Fortune Business Insights).
Supply
Main producers are Perstorp (Petronas Chemicals) and LANXESS as polyol co-producers, plus Chinese makers such as Chongqing Chuandong, Zibo Ruibao and Shandong Baoyuan.
Value chain
Formic acid + Calcium hydroxide (lime) + Formaldehyde and acetaldehyde or n-butyraldehyde → calcium formate → Tile adhesives, grouts and dry-mix mortars, Animal feed acidifier and calcium source, Concrete and cement set acceleration
THE QUESTION THE REPORT ANSWERSHow large is the calcium formate market for tile adhesives and dry-mix mortars, who supplies it, and how will polyol co-product economics and Chinese formic acid capacity shape price and supply to 2035?
Companies covered include
Perstorp (Petronas Chemicals)LANXESSChongqing Chuandong ChemicalZibo Ruibao ChemicalShandong Baoyuan ChemicalGEO Specialty ChemicalsLuxi ChemicalNovus
Recent developments
ChemAnalyst reported Chinese calcium formate prices stabilising after an early-August fall, with Hebei and Shandong producers at about 65-70% operating rates and weak construction demand. ChemAnalyst
LANXESS raised trimethylolpropane prices by about 20% worldwide, citing energy, formaldehyde and n-butyraldehyde costs, which sets the economics of its calcium formate co-product. Procurement Resource
Asian calcium formate prices held at low levels as formic acid fell 7.9% in October and factory inventories stayed high. ChemAnalyst
THE FULL REPORT
Calcium Formate (dry-mix accelerator) Market Report 2026-2035: Size, Producers, Pricing and Scenarios to 2047 (CAS 544-17-2)
Producers and capacities, demand by application and region, value chain, pricing, market size and scenarios. PDF and Excel.
About Market Krystal
Market Krystal is a chemical market intelligence company. It publishes CAS-level market reports that follow each molecule from feedstock and production route through producers, applications and end users, and tracks chemical-industry developments from official company and regulator sources.