Global Sodium Formate Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Sodium Formate market size will reach 407.88 Million USD in 2025 and is projected to reach 467.24 Million USD by 2032, with a CAGR of 1.96% (2025-2032). Notably, the China Sodium Formate market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Sodium formate (NaCOOH) is a white crystalline compound that is primarily used in various industrial applications, particularly as a reducing agent and in leather tanning processes. It is soluble in water and has a slightly salty taste. Sodium formate is utilized in the textile and printing industries as a dyeing auxiliary and as a buffering agent in the production of certain chemicals. In leather processing, it helps to adjust pH levels and soften the hides during tanning, improving the quality and durability of leather products. Additionally, sodium formate serves as a de-icing agent on airport runways and highways, effectively melting ice and snow due to its ability to lower the freezing point of water. Its versatility and effectiveness in these applications make sodium formate a valuable chemical compound in various industrial and commercial sectors.
The major global manufacturers of Sodium Formate include Luxi Chemical, Koei Chemical, Kanoria Chemicals & Industries, Asian Paints, Hawkins, Hubei Yihua Chemical Industry, Anhui Dongfeng Chemical, Dongying Shuntong Chemical, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Sodium Formate. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sodium Formate market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Sodium Formate market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sodium Formate industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Sodium Formate Include:
Luxi Chemical
Koei Chemical
Kanoria Chemicals & Industries
Asian Paints
Hawkins
Hubei Yihua Chemical Industry
Anhui Dongfeng Chemical
Dongying Shuntong Chemical
Sodium Formate Product Segment Include:
≥98% Purity
≥95% Purity
≥92% Purity
Other
Sodium Formate Product Application Include:
Sodium Dithionite
Oxalic Acid
Formic Acid
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Sodium Formate Capacity and Production Analysis
Chapter 3: Global Sodium Formate Industry PESTEL Analysis
Chapter 4: Global Sodium Formate Industry Porter's Five Forces Analysis
Chapter 5: Global Sodium Formate Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Sodium Formate Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Sodium Formate Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Sodium Formate Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Sodium Formate market size will reach 407.88 Million USD in 2025 and is projected to reach 467.24 Million USD by 2032, with a CAGR of 1.96% (2025-2032). Notably, the China Sodium Formate market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Sodium formate (NaCOOH) is a white crystalline compound that is primarily used in various industrial applications, particularly as a reducing agent and in leather tanning processes. It is soluble in water and has a slightly salty taste. Sodium formate is utilized in the textile and printing industries as a dyeing auxiliary and as a buffering agent in the production of certain chemicals. In leather processing, it helps to adjust pH levels and soften the hides during tanning, improving the quality and durability of leather products. Additionally, sodium formate serves as a de-icing agent on airport runways and highways, effectively melting ice and snow due to its ability to lower the freezing point of water. Its versatility and effectiveness in these applications make sodium formate a valuable chemical compound in various industrial and commercial sectors.
The major global manufacturers of Sodium Formate include Luxi Chemical, Koei Chemical, Kanoria Chemicals & Industries, Asian Paints, Hawkins, Hubei Yihua Chemical Industry, Anhui Dongfeng Chemical, Dongying Shuntong Chemical, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Sodium Formate. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Sodium Formate market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Sodium Formate market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Sodium Formate industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Sodium Formate Include:
Luxi Chemical
Koei Chemical
Kanoria Chemicals & Industries
Asian Paints
Hawkins
Hubei Yihua Chemical Industry
Anhui Dongfeng Chemical
Dongying Shuntong Chemical
Sodium Formate Product Segment Include:
≥98% Purity
≥95% Purity
≥92% Purity
Other
Sodium Formate Product Application Include:
Sodium Dithionite
Oxalic Acid
Formic Acid
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Sodium Formate Capacity and Production Analysis
Chapter 3: Global Sodium Formate Industry PESTEL Analysis
Chapter 4: Global Sodium Formate Industry Porter's Five Forces Analysis
Chapter 5: Global Sodium Formate Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Sodium Formate Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Sodium Formate Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Sodium Formate Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Sodium Formate Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Sodium Formate Product by Type
- 1.2.1 ≥98% Purity
- 1.2.2 ≥95% Purity
- 1.2.3 ≥92% Purity
- 1.2.4 Other
- 1.3 Sodium Formate Product by Application
- 1.3.1 Sodium Dithionite
- 1.3.2 Oxalic Acid
- 1.3.3 Formic Acid
- 1.3.4 Other
- 1.4 Global Sodium Formate Market Revenue and Sales Analysis
- 1.4.1 Global Sodium Formate Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Sodium Formate Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Sodium Formate Market Sales Price Trend Analysis (2020-2032)
- 1.5 Sodium Formate Market Development Status and Trends
- 1.5.1 Sodium Formate Industry Development Status Analysis
- 1.5.2 Sodium Formate Industry Development Trends Analysis
- 2 Global Sodium Formate Capacity and Production Analysis
- 2.1 Global Sodium Formate Capacity, Production and Utilization (2020-2032)
- 2.2 Global Sodium Formate Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Sodium Formate Production by Region
- 2.3.1 Global Sodium Formate Production by Region (2020-2025)
- 2.3.2 Global Sodium Formate Production Forecast by Region (2026-2032)
- 2.3.3 Global Sodium Formate Production Market Share by Region (2020-2032)
- 3 Sodium Formate Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Sodium Formate Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Sodium Formate Market Analysis by Country
- 5.1 Global Sodium Formate Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Sodium Formate Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Sodium Formate Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Sodium Formate Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Sodium Formate Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Sodium Formate Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Sodium Formate Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Sodium Formate Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Sodium Formate Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Sodium Formate Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Sodium Formate Average Sales Price by Manufacturers (2021-2025)
- 6.2 Sodium Formate Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Sodium Formate Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Sodium Formate Market Analysis by Type
- 7.1 Global Sodium Formate Market Revenue Analysis by Type
- 7.1.1 Global Sodium Formate Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Sodium Formate Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Sodium Formate Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Sodium Formate Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 Luxi Chemical
- 8.1.1 Luxi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 Luxi Chemical Sodium Formate Product Portfolio
- 8.1.3 Luxi Chemical Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Koei Chemical
- 8.2.1 Koei Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Koei Chemical Sodium Formate Product Portfolio
- 8.2.3 Koei Chemical Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Kanoria Chemicals & Industries
- 8.3.1 Kanoria Chemicals & Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Kanoria Chemicals & Industries Sodium Formate Product Portfolio
- 8.3.3 Kanoria Chemicals & Industries Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Asian Paints
- 8.4.1 Asian Paints Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Asian Paints Sodium Formate Product Portfolio
- 8.4.3 Asian Paints Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 Hawkins
- 8.5.1 Hawkins Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 Hawkins Sodium Formate Product Portfolio
- 8.5.3 Hawkins Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 Hubei Yihua Chemical Industry
- 8.6.1 Hubei Yihua Chemical Industry Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 Hubei Yihua Chemical Industry Sodium Formate Product Portfolio
- 8.6.3 Hubei Yihua Chemical Industry Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 Anhui Dongfeng Chemical
- 8.7.1 Anhui Dongfeng Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 Anhui Dongfeng Chemical Sodium Formate Product Portfolio
- 8.7.3 Anhui Dongfeng Chemical Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 Dongying Shuntong Chemical
- 8.8.1 Dongying Shuntong Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 Dongying Shuntong Chemical Sodium Formate Product Portfolio
- 8.8.3 Dongying Shuntong Chemical Sodium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Sodium Formate Industry Chain Analysis
- 9.2 Sodium Formate Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Informatio
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
