The calcium formate market is expected to grow at a CAGR of 5.7% during the forecast period of 2024 to 2032, driven by robust demand from the construction industry, increasing utilization as animal feed additives, and its application in textile dyeing & finishing. However, a restraint on the market is the limited availability of raw materials. The construction industry's consistent demand for calcium formate as a concrete additive continues to drive market growth. It acts as an accelerator in cement and concrete formulations, leading to faster setting times, improved workability, and enhanced strength properties.
Food Supplements
