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Saudi Arabia Formic Acid Market by Concentration by Production Method (Carbonylation of Methanol and Oxalic Acid) by Application (Animal Feed and Silage Additives, Leather Tanning, Textile Dyeing and Finishing, Intermediary in Pharmaceuticals and Others): Industry Analysis, Trends, Growth and Forecast 2022-2027



Saudi Arabia Formic Acid Market Overview:

The Saudi Arabia formic acid market was worth US$ XX Billion in 2021, expanding at a CAGR of X% during 2016-2021. Looking forward, the market is projected to grow at a CAGR of around X% during 2022-2027, reaching a value of US$ XX Billion by 2027. Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia formic acid market and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. 

The report analyses the competitive structure of the Saudi Arabia formic acid market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Saudi Arabia formic acid market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia formic acid market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Saudi Arabia formic acid market industry. Furthermore, the value chain analysis of the Saudi Arabia formic acid market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Saudi Arabia Formic Acid Market Segment Insights:

The Saudi Arabia formic acid market has been analysed as followed:

By Concentration:

  • 85% Concentration
  • 90% Concentration
  • 94% Concentration
  • 99% Concentration
  • Others

By Production Method:

  • Carbonylation of Methanol
  • Oxalic Acid

By Application:

  • Animal Feed and Silage Additives
  • Leather Tanning
  • Textile Dyeing and Finishing
  • Intermediary in Pharmaceuticals
  • Others

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:

  • BASF SE
  • Chemsol
  • ESAD International
  • Jamjoom Company
  • Modern Petrochemical Co.,Ltd (Al-Faisaliah Group)
  • Perstorp and Worldrep Trading Co.

Highlights of the Saudi Arabia Formic Acid Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The Saudi Arabia formic acid market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Saudi Arabia Formic Acid Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Concentration
    6.1    85% Concentration
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    90% Concentration
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    94% Concentration
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    99% Concentration
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Production Method
    7.1    Carbonylation of Methanol
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Oxalic Acid
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Animal Feed and Silage Additives 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Leather Tanning 
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Textile Dyeing and Finishing 
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Intermediary in Pharmaceuticals 
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
    10.1    Raw Material Procurement
    10.2    Manufacturing
    10.3    Marketing
    10.4    Distribution
    10.5    Exports
    10.6    End Users
11    Porters Five Forces Analysis
    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Competitive Landscape
    12.1    Market Structure
    12.2    Key Players
    12.3    Profiles of Key Players
        12.3.1    BASF SE
           12.3.1.1 Company Overview
           12.3.1.2 Product Portfolio
        12.3.2    Chemsol
           12.3.2.1 Company Overview
           12.3.2.2 Product Portfolio 
        12.3.3    ESAD International
           12.3.3.1 Company Overview
           12.3.3.2 Product Portfolio
        12.3.4    Jamjoom Company
           12.3.4.1 Company Overview
           12.3.4.2 Product Portfolio
        12.3.5    Modern Petrochemical Co.,Ltd (Al-Faisaliah Group)
           12.3.5.1 Company Overview
           12.3.5.2 Product Portfolio
        12.3.6    Perstorp
           12.3.6.1 Company Overview
           12.3.6.2 Product Portfolio
        12.3.7    Worldrep Trading Co.
           12.3.7.1 Company Overview
           12.3.7.2 Product Portfolio

List of Figures

Figure 1: Saudi Arabia: Formic Acid Market: Major Drivers and Challenges
Figure 2: Saudi Arabia: Formic Acid Market: Sales Volume (in Kilo Ton), 2016-2021
Figure 3: Saudi Arabia: Formic Acid Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 4: Saudi Arabia: Formic Acid Market: Breakup by Concentration (in %), 2021
Figure 5: Saudi Arabia: Formic Acid Market: Breakup by Production Method (in %), 2021
Figure 6: Saudi Arabia: Formic Acid Market: Breakup by Application (in %), 2021
Figure 7: Saudi Arabia: Formic Acid (85% Concentration) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 8: Saudi Arabia: Formic Acid (85% Concentration) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 9: Saudi Arabia: Formic Acid (90% Concentration) Market: Sales Volume (in Kilo  Ton), 2016 & 2021
Figure 10: Saudi Arabia: Formic Acid (90% Concentration) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 11: Saudi Arabia: Formic Acid (94% Concentration) Market: Sales Volume (in Kilo  Ton), 2016 & 2021
Figure 12: Saudi Arabia: Formic Acid (94% Concentration) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 13: Saudi Arabia: Formic Acid (99% Concentration) Market: Sales Volume (in Kilo  Ton), 2016 & 2021
Figure 14: Saudi Arabia: Formic Acid (99% Concentration) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 15: Saudi Arabia: Formic Acid (Other Concentrations) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 16: Saudi Arabia: Formic Acid (Other Concentrations) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 17: Saudi Arabia: Formic Acid (Carbonylation of Methanol) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 18: Saudi Arabia: Formic Acid (Carbonylation of Methanol) Market Forecast: Sales Volume (in Kilo  Ton), 2022-2027
Figure 19: Saudi Arabia: Formic Acid (Oxalic Acid) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 20: Saudi Arabia: Formic Acid (Oxalic Acid) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 21: Saudi Arabia: Formic Acid (Animal Feed and Silage Additives) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 22: Saudi Arabia: Formic Acid (Animal Feed and Silage Additives) Market Forecast: Sales Volume (in Kilo  Ton), 2022-2027
Figure 23: Saudi Arabia: Formic Acid (Leather Tanning) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 24: Saudi Arabia: Formic Acid (Leather Tanning) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 25: Saudi Arabia: Formic Acid (Textile Dyeing and Finishing) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 26: Saudi Arabia: Formic Acid (Textile Dyeing and Finishing) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 27: Saudi Arabia: Formic Acid (Intermediary in Pharmaceuticals) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 28: Saudi Arabia: Formic Acid (Intermediary in Pharmaceuticals) Market Forecast: Sales Volume (in Kilo  Ton), 2022-2027
Figure 29: Saudi Arabia: Formic Acid (Others Application) Market: Sales Volume (in Kilo Ton), 2016 & 2021
Figure 30: Saudi Arabia: Formic Acid (Others Application) Market Forecast: Sales Volume (in Kilo Ton), 2022-2027
Figure 31: Saudi Arabia: Formic Acid Industry: SWOT Analysis
Figure 32: Saudi Arabia: Formic Acid Industry: Value Chain Analysis
Figure 33: Saudi Arabia: Formic Acid Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Saudi Arabia: Formic Acid Market: Key Industry Highlights, 2021 and 2027
Table 2: Saudi Arabia: Formic Acid Market Forecast: Breakup by Concentration (in Kilo Ton), 2022-2027
Table 3: Saudi Arabia: Formic Acid Market Forecast: Breakup by Production Method (in Kilo Ton), 2022-2027
Table 4: Saudi Arabia: Formic Acid Market Forecast: Breakup by Application (in Kilo Ton), 2022-2027
Table 5: Saudi Arabia: Formic Acid Market: Competitive Structure
Table 6: Saudi Arabia: Formic Acid Market: Key Players

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