World Formic Acid Market

World Formic Acid Market

This report analyzes the worldwide markets for Formic Acid in Thousands of Tons. The specific product segments analyzed are Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 32 companies including many key and niche players worldwide such as BASF SE, Celanese Chemicals, Linyi ShengChuan Trading Co., Ltd., Feicheng Acid Chemicals Co., Ltd., Gujarat Narmada Valley Fertilizers, Kemira, Perstorp AB, SAMSUNG Fine Chemicals, and Shanxi Yuanping Chemical Industries Co., Ltd. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

FORMIC ACID MCP-2179
A GLOBAL STRATEGIC BUSINESS REPORT


CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definition and Scope of Study I-3
Leather I-3
Textiles I-4
Chemicals & Pharmaceuticals I-4
Silage I-4
Feed Acid I-4
Rubber I-4
Other Application Markets I-4


II. EXECUTIVE SUMMARY

1. Overview II-1
Worldwide Market Perspective II-1
Animal Feeds Drive Demand for Formic Acid in Europe II-1
Leading Manufacturers of Formic Acid II-2
Table 1: Select Formic Acid Producers Worldwide (2005):
Annual Production Capacity in Thousand Metric Tons (includes
corresponding Graph/Chart) II-2

Table 2: Leading Producers of Formic Acid Worldwide (2002)-
Percentage Share Breakdown by Production Volume in 000’Tons
for BASF, Kemira, BP, Perstorp, Feicheng, Celanese, Shanxi
Province, Samsung and GNFC. (Includes corresponding
Graph/Chart) II-3
Formic Acid Market in Recent Past II-3

2. Product Overview II-4
Formic Acid II-4
Chemical Properties of Formic Acid II-4
Manufacturing Process II-5
Liquid Phase Oxidation of Butane II-5
Cormamide Process II-5
Natural Source II-5
Principal Commercial Source II-5

3. Overview of End-Use Market II-6
Leather II-6
Current Industry Outlook II-6
Textiles II-6
Factors Influencing the Industry II-7
Chemicals & Pharmaceuticals II-7
Silage II-7
Formic Acid in the Preservation of Fodder II-7
Current Industry Scenario II-7
Feed Acid II-8
Strong Growth Prospects II-8
Rubber II-8
Current Industry Scenario II-8
Other Application Markets II-9
Table 3: Consumption of Formic Acid by End Use Applications
(2007 & 2008): Percentage Breakdown for Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others (includes corresponding Graph/Chart) II-9

4. Regulations Impacting the Industry II-11
OSHA Directive II-11
Effect of Formic Acid on Human Health II-11
Signs and Symptoms of Exposure II-11
Acute Exposure II-11
Chronic Exposure II-11
Other Regulations/Directives II-12

5. Key Markets II-13
The United States II-13
Europe II-13
Asia II-13

6. Recent Industry Activity II-14
BASF to Divest Formic Acid-Based Additive Business II-14
BASF AG to Increase Formic Acid Production Capacity II-14
Kemira to Augment Formic Acid Production II-14
Shandong Feicheng to Augment Formic Acid Production II-14
BASF Signs a Collaborative Agreement with Tekion for Formic
Acid Fuel Cells II-14
Yara to Sell Off its Formates Business to Addcon II-14
Pakistan Imposes Antidumping Duties on Formic Acid on Kemira
and BASF II-15
Acquisition of Verdugt by Kemira: A notable Development in the
Chemical Industry II-15
Perstorp Holding AB Acquires Sydsvenska Kemi AB II-15
BP and Helm AG Draw a New Marketing and Sales Agreement II-15
Perstorp of Sweden to Expand its Potassium Formate Production
Capacity II-16
Aryan Petrochemical to Set Up a Methanol-Based Complex in Iran II-16
BP Chemical to Exit from its Two Chemicals Production Plants
at Hull, U.K. II-16
Gujarat Narmada Valley Fertilizers Expands Formic Acid
Production Capacity II-16
Completion of Formic Acid Project in Shandong II-16
Perstorp to Set up Two Acid Units in Sweden II-16

7. Industry Activity in the Recent Past II-17
Verdugt Signs Marketing Pact with BP II-17
BASF China Strikes a Deal with Tecnicas Reunidas II-17
Kemira Expands Formic Acid Capacity in Finland II-17
GNFC to Expand Formic Acid Plant II-17
BASF Acquires Formic Acid Derivative from Hydro Formates II-17
BASF Petronas Chemicals to Build Formic Acid Plant in Malaysia II-18

8. Major Global Producers of Formic Acid II-19
BASF SE (Germany) II-19
Celanese Chemicals (Germany) II-19
Linyi ShengChuan Trading Co., Ltd. (China) II-20
Feicheng Acid Chemicals Co., Ltd (China) II-20
Gujarat Narmada Valley Fertilizers II-20
Kemira (Finland) II-21
Perstorp AB (Sweden) II-21
SAMSUNG Fine Chemicals (Korea) II-22
Shanxi Yuanping Chemical Industries Co., Ltd (China) II-22

9. Global Market Perspective II-23
Table 4: World Recent Past, Current & Future Analysis for
Formic Acid by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed by Annual Sales for the
Years 2001 through 2010 in Thousand Tons (includes
corresponding Graphs/Chart) II-23

Table 5: World Long-Term Projections for Formic Acid by
Geographic Region – US, Canada, Japan, Europe, Asia-Pacific,
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) II-24

Table 6: World Historic Review for Formic Acid by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 1991 through 2000 in
Thousand Tons (includes corresponding Graphs/Chart) II-25

Table 7: World 15-Year Perspective for Formic Acid by
Geographic Region – Percentage Breakdown of Volume Sales for
US, Canada, Japan, Europe, Asia-Pacific, (excluding Japan),
Latin America, and Rest of World Markets for the Years 1998,
2008 & 2012 (includes corresponding Graphs/Chart) II-26

Table 8: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Leather Industry by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 2001 through 2010 in
Thousand Tons (includes corresponding Graphs/Chart) II-27

Table 9: World Long-Term Projections for Consumption of Formic
Acid in Leather Industry by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific, (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures for the Years 2011 through 2015 in Thousand
Tons (includes corresponding Graphs/Chart) II-28

Table 10: World Historic Review for Consumption of Formic Acid
in Leather Industry by Geographic Region – US, Canada, Japan,
Europe, Asia-Pacific, (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed by Annual Sales
for the Years 1991 through 2000 in Thousand Tons (includes
corresponding Graphs/Chart) II-29

Table 11: World 15-Year Perspective for Consumption of Formic
Acid in Leather Industry by Geographic Region – Percentage
Breakdown of Volume Sales for US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) II-30

Table 12: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Textiles Industry by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 2001 through 2010 in
Thousand Tons (includes corresponding Graphs/Chart) II-31

Table 13: World Long-Term Projections for Consumption of
Formic Acid in Textiles Industry by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific, (excluding Japan), Latin
America, and Rest of World Markets Independently Analyzed with
Annual Sales Figures for the Years 2011 through 2015 in
Thousand Tons (includes corresponding Graphs/Chart) II-32

Table 14: World Historic Review for Consumption of Formic Acid
in Textiles Industry by Geographic Region – US, Canada, Japan,
Europe, Asia-Pacific, (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed by Annual Sales
for the Years 1991 through 2000 in Thousand Tons (includes
corresponding Graphs/Chart) II-33

Table 15: World 15-Year Perspective for Consumption of Formic
Acid in Textiles Industry by Geographic Region – Percentage
Breakdown of Volume Sales for US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) II-34

Table 16: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Chemicals & Pharmaceuticals by
Geographic Region – US, Canada, Japan, Europe, Asia-Pacific,
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed by Annual Sales for the Years 2001
through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) II-35

Table 17: World Long-Term Projections for Consumption of
Formic Acid in Chemicals & Pharmaceuticals by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed with Annual Sales Figures for the Years 2011 through
2015 in Thousand Tons (includes corresponding Graphs/Chart) II-36

Table 18: World Historic Review for Consumption of Formic Acid
in Chemicals & Pharmaceuticals by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific, (excluding Japan), Latin
America, and Rest of World Markets Independently Analyzed by
Annual Sales for the Years 1991 through 2000 in Thousand Tons
(includes corresponding Graphs/Chart) II-37

Table 19: World 15-Year Perspective for Consumption of Formic
Acid in Chemicals & Pharmaceuticals by Geographic Region –
Percentage Breakdown of Volume Sales for US, Canada, Japan,
Europe, Asia-Pacific, (excluding Japan), Latin America, and
Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) II-38

Table 20: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Silage by Geographic Region –
US, Canada, Japan, Europe, Asia-Pacific, (excluding Japan),
Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 2001 through 2010 in
Thousand Tons (includes corresponding Graphs/Chart) II-39

Table 21: World Long-Term Projections for Consumption of
Formic Acid in Silage by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific, (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Sales Figures for the Years 2011 through 2015 in Thousand Tons
(includes corresponding Graphs/Chart) II-40

Table 22: World Historic Review for Consumption of Formic Acid
in Silage by Geographic Region – US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets Independently Analyzed by Annual Sales for the
Years 1991 through 2000 in Thousand Tons (includes
corresponding Graphs/Chart) II-41

Table 23: World 15-Year Perspective for Consumption of Formic
Acid in Silage by Geographic Region – Percentage Breakdown of
Volume Sales for US, Canada, Japan, Europe, Asia-Pacific,
(excluding Japan), Latin America, and Rest of World Markets
for the Years 1998, 2008 & 2012 (includes corresponding
Graphs/Chart) II-42

Table 24: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Feed Acid Applications by
Geographic Region – US, Canada, Japan, Europe, Asia-Pacific,
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed by Annual Sales for the Years 2001
through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) II-43

Table 25: World Long-Term Projections for Consumption of
Formic Acid in Feed Acid Applications by Geographic Region –
US, Canada, Japan, Europe, Asia-Pacific, (excluding Japan),
Latin America, and Rest of World Markets Independently
Analyzed with Annual Sales Figures for the Years 2011 through
2015 in Thousand Tons (includes corresponding Graphs/Chart) II-44

Table 26: World Historic Review for Consumption of Formic Acid
in Feed Acid Applications by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific, (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed by Annual
Sales for the Years 1991 through 2000 in Thousand Tons
(includes corresponding Graphs/Chart) II-45

Table 27: World 15-Year Perspective for Consumption of Formic
Acid in Feed Acid Applications by Geographic Region –
Percentage Breakdown of Volume Sales for US, Canada, Japan,
Europe, Asia-Pacific, (excluding Japan), Latin America, and
Rest of World Markets for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) II-46

Table 28: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Rubber Industry by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 2001 through 2010 in
Thousand Tons (includes corresponding Graphs/Chart) II-47

Table 29: World Long-Term Projections for Consumption of
Formic Acid in Rubber Industry by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific, (excluding Japan), Latin
America, and Rest of World Markets Independently Analyzed with
Annual Sales Figures for the Years 2011 through 2015 in
Thousand Tons (includes corresponding Graphs/Chart) II-48

Table 30: World Historic Review for Consumption of Formic Acid
in Rubber Industry by Geographic Region – US, Canada, Japan,
Europe, Asia-Pacific, (excluding Japan), Latin America, and
Rest of World Markets Independently Analyzed by Annual Sales
for the Years 1991 through 2000 in Thousand Tons (includes
corresponding Graphs/Chart) II-49

Table 31: World 15-Year Perspective for Consumption of Formic
Acid in Rubber Industry by Geographic Region – Percentage
Breakdown of Volume Sales for US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) II-50

Table 32: World Recent Past, Current & Future Analysis for
Consumption of Formic Acid in Other Applications by Geographic
Region – US, Canada, Japan, Europe, Asia-Pacific, (excluding
Japan), Latin America, and Rest of World Markets Independently
Analyzed by Annual Sales for the Years 2001 through 2010 in
Thousand Tons (includes corresponding Graphs/Chart) II-51

Table 33: World Long-Term Projections for Consumption of
Formic Acid in Other Applications by Geographic Region – US,
Canada, Japan, Europe, Asia-Pacific, (excluding Japan), Latin
America, and Rest of World Markets Independently Analyzed with
Annual Sales Figures for the Years 2011 through 2015 in
Thousand Tons (includes corresponding Graphs/Chart) II-52

Table 34: World Historic Review for Consumption of Formic Acid
in Other Applications by Geographic Region – US, Canada,
Japan, Europe, Asia-Pacific, (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed by Annual
Sales for the Years 1991 through 2000 in Thousand Tons
(includes corresponding Graphs/Chart) II-53

Table 35: World 15-Year Perspective for Consumption of Formic
Acid in Other Applications by Geographic Region – Percentage
Breakdown of Volume Sales for US, Canada, Japan, Europe,
Asia-Pacific, (excluding Japan), Latin America, and Rest of
World Markets for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) II-54


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Major Applications III-1
Domestic Production of Formic Acid III-1
Export Import Scenario III-1
Table 36: US Imports and Exports of Formic Acid for the
Years 2006 & 2007 (in US$ Million) III-2

Table 37: US Domestic Exports of Formic Acid by country:
2003 (Quantity in ‘000 Kilograms, Value in US$ 000s)
(includes corresponding Graphs/Chart) III-2

Table 38: US Imports of Formic Acid for Consumption by
Country: 2003(Quantity in Kilograms, Value in US$ 000s)
(includes corresponding Graphs/Chart) III-3
Recent Industry Activity III-3
Focus on Key Player III-3
Celanese Chemicals III-3
B.Market Analytics III-4
Table 39: US Recent Past, Current & Future Analysis for
Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-4

Table 40: US Long-Term Projections for Formic Acid by End
Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-5

Table 41: US Historic Review for Formic Acid by End Use
Segment – Leather, Textiles, Chemicals & Pharmaceuticals,
Silage, Feed Acid, Rubber and Others Independently Analyzed
by Annual Sales for the Years 1991 through 2000 in Thousand
Tons (includes corresponding Graphs/Chart) III-5

Table 42: US 15-Year Perspective for Formic Acid by End Use
Segment – Percentage Breakdown of Volume Sales for Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) III-6

2. Canada III-7
A.Market Analysis III-7
Export-Import Scenario III-7
Table 43: Canadian Imports and Exports of Formic Acid for
the Years 2006 & 2007 (in US$ Thousand) III-7
B.Market Analytics III-8
Table 44: Canadian Recent Past, Current & Future Analysis
for Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-8

Table 45: Canadian Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-8

Table 46: Canadian Historic Review for Formic Acid by End
Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-9

Table 47: Canadian 15-Year Perspective for Formic Acid by
End Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-9

3. Japan III-10
A.Market Analysis III-10
Modest Growth Prospects III-10
B.Market Analytics III-10
Table 48: Japanese Recent Past, Current & Future Analysis
for Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-10

Table 49: Japanese Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-11

Table 50: Japanese Historic Review for Formic Acid by End
Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-11

Table 51: Japanese 15-Year Perspective for Formic Acid by
End Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-12

4. Europe III-13
A.Market Analysis III-13
Strong Future Market Involving Feed Acid III-13
Key Players III-13
B.Market Analytics III-14
Table 52: European Recent Past, Current & Future Analysis
for Formic Acid by Geographic Region – France, Germany,
Italy, UK, and Rest of Europe Independently Analyzed by
Annual Sales for the Years 2001 through 2010 in Thousand
Tons (includes corresponding Graphs/Chart) III-14

Table 53: European Long-Term Projections for Formic Acid by
Geographic Region – France, Germany, Italy, UK, and Rest of
Europe Independently Analyzed with Annual Sales Figures for
the Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-14

Table 54: European Recent Past, Current & Future Analysis
for Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-15

Table 55: European Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-15

Table 56: European Historic Review for Formic Acid by
Geographic Region – France, Germany, Italy, UK, and Rest of
Europe Independently Analyzed by Annual Sales for the Years
1991 through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-16

Table 57: European Historic Review for Formic Acid by End
Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-16

Table 58: European 15-Year Perspective for Formic Acid by
Geographic Region – Percentage Breakdown of Volume Sales for
France, Germany, Italy, UK, and Rest of Europe for the Years
1998, 2008 & 2012 (includes corresponding Graphs/Chart) III-17

Table 59: European 15-Year Perspective for Formic Acid by
End Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-18

4a. France III-19
Market Analysis III-19
Table 60: French Recent Past, Current & Future Analysis for
Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-19

Table 61: French Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-20

Table 62: French Historic Review for Formic Acid by End Use
Segment – Leather, Textiles, Chemicals & Pharmaceuticals,
Silage, Feed Acid, Rubber and Others Independently Analyzed
by Annual Sales for the Years 1991 through 2000 in Thousand
Tons (includes corresponding Graphs/Chart) III-20

Table 63: French 15-Year Perspective for Formic Acid by End
Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-21

4b. Germany III-22
A.Market Analysis III-22
Recent Industry Activity III-22
Leading Producer of Formic Acid III-22
BASF SE III-22
B.Market Analytics III-23
Table 64: German Recent Past, Current & Future Analysis for
Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-23

Table 65: German Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-24

Table 66: German Historic Review for Formic Acid by End Use
Segment – Leather, Textiles, Chemicals & Pharmaceuticals,
Silage, Feed Acid, Rubber and Others Independently Analyzed
by Annual Sales for the Years 1991 through 2000 in Thousand
Tons (includes corresponding Graphs/Chart) III-24

Table 67: German 15-Year Perspective for Formic Acid by End
Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-25

4c. Italy III-26
Market Analysis III-26
Table 68: Italian Recent Past, Current & Future Analysis for
Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-26

Table 69: Italian Long-Term Projections for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-27

Table 70: Italian Historic Review for Formic Acid by End Use
Segment – Leather, Textiles, Chemicals & Pharmaceuticals,
Silage, Feed Acid, Rubber and Others Independently Analyzed
by Annual Sales for the Years 1991 through 2000 in Thousand
Tons (includes corresponding Graphs/Chart) III-27

Table 71: Italian 15-Year Perspective for Formic Acid by End
Use Segment – Percentage Breakdown of Volume Sales for
Leather, Textiles, Chemicals & Pharmaceuticals, Silage, Feed
Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-28

4d. United Kingdom III-29
A.Market Analysis III-29
Strategic Corporate Developments III-29
B.Market Analytics III-30
Table 72: UK Recent Past, Current & Future Analysis for
Formic Acid by End Use Segment – Leather, Textiles,
Chemicals & Pharmaceuticals, Silage, Feed Acid, Rubber and
Others Independently Analyzed by Annual Sales for the Years
2001 through 2010 in Thousand Tons (includes corresponding
Graphs/Chart) III-30

Table 73: UK Long-Term Projections for Formic Acid by End
Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-31

Table 74: UK Historic Review for Formic Acid by End Use
Segment – Leather, Textiles, Chemicals & Pharmaceuticals,
Silage, Feed Acid, Rubber &Others Independently Analyzed by
Annual Sales for the Years 1991 through 2000 in Thousand
Tons (includes corresponding Graphs/Chart) III-31

Table 75: UK 15-Year Perspective for Formic Acid by End Use
Segment – Percentage Breakdown of Volume Sales for Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others for the Years 1998, 2008 & 2012 (includes
corresponding Graphs/Chart) III-32

4e. Rest of Europe III-33
A.Market Analysis III-33
Recent Industry Activity III-33
Industry Activity in the Recent Past III-34
Leading Producers of Formic Acid III-34
B.Market Analytics III-36
Table 76: Rest of Europe Recent Past, Current & Future
Analysis for Formic Acid by End Use Segment – Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others Independently Analyzed by Annual Sales
for the Years 2001 through 2010 in Thousand Tons (includes
corresponding Graphs/Chart) III-36

Table 77: Rest of Europe Long-Term Projections for Formic
Acid by End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-37

Table 78: Rest of Europe Historic Review for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-37

Table 79: Rest of Europe 15-Year Perspective for Formic Acid
by End Use Segment – Percentage Breakdown of Volume Sales
for Leather, Textiles, Chemicals & Pharmaceuticals, Silage,
Feed Acid Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graphs/Chart) III-38

5. Asia Pacific III-39
A.Market Analysis III-39
India III-39
Major Formic Acid Producers III-39
Imports Rising for Formic Acid in India III-39
Consumption Scenario III-39
Table 80: Formic Acid Consumption in India: 2005
Percentage Share Breakdown byEnd-Use Sector for Leather
Industry, Chemical Intermediates, Rubber, Pharmaceuticals
and Others (includes corresponding Graph/Chart) III-40
China III-40
Production Capacity III-40
Table 81: Chinese Formic Acid Producers (2006): Annual
Production Capacity in Thousand Metric Tons III-40
Dimethylformamide Trends in Chinese Market III-40
Table 82: Dimethylformamide Production and Demand (In
Thousand Metric Tons) (includes corresponding
Graphs/Chart) III-41
Recent Industry Activity III-41
Industry Activity in the Recent Past III-42
Leading Producers of Formic Acid III-43
B.Market Analytics III-45
Table 83: Asia Pacific Recent Past, Current & Future
Analysis for Formic Acid by End Use Segment – Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others Independently Analyzed by Annual Sales for
the Years 2001 through 2010 in Thousand Tons (includes
corresponding Graphs/Chart) III-45

Table 84: Asia Pacific Long-Term Projections for Formic Acid
by End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-46

Table 85: Asia Pacific Historic Review for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graphs/Chart) III-46

Table 86: Asia Pacific 15-Year Perspective for Formic Acid
by End Use Segment – Percentage Breakdown of Volume Sales
for Leather, Textiles, Chemicals & Pharmaceuticals, Silage,
Feed Acid, Rubber and Others for the Years 1998, 2008 &
2012 (includes corresponding Graphs/Chart) III-47

6. Latin America III-48
Market Analysis III-48
Table 87: Latin America Recent Past, Current & Future
Analysis for Formic Acid by End Use Segment – Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others Independently Analyzed by Annual Sales
for the Years 2001 through 2010 in Thousand Tons (includes
corresponding Graph/Chart) III-48

Table 88: Latin American Long-Term Projections for Formic
Acid by End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graphs/Chart) III-49

Table 89: Latin America Historic Review for Formic Acid by
End Use Segment – Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graph/Chart) III-49

Table 90: Latin America 15-Year Perspective for Formic Acid
by End Use Segment – Percentage Breakdown of Volume Sales
for Leather, Textiles, Chemicals & Pharmaceuticals, Silage,
Feed Acid, Rubber and Others for the Years 1998, 2008 &
2012 (includes corresponding Graph/Chart) III-50

7. Rest of World III-51
A.Market Analysis III-51
Strategic Corporate Development III-51
B.Market Analytics III-52
Table 91: Rest of World Recent Past, Current & Future
Analysis for Formic Acid by End Use Segment - Leather,
Textiles, Chemicals & Pharmaceuticals, Silage, Feed Acid,
Rubber and Others Independently Analyzed by Annual Sales
for the Years 2001 through 2010 in Thousand Tons (includes
corresponding Graph/Chart) III-52

Table 92: Rest of World Long-Term Projections for Formic
Acid by End Use Segment - Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed with Annual Sales Figures for the
Years 2011 through 2015 in Thousand Tons (includes
corresponding Graph/Chart) III-53

Table 93: Rest of World Historic Review for Formic Acid by
End Use Segment - Leather, Textiles, Chemicals &
Pharmaceuticals, Silage, Feed Acid, Rubber and Others
Independently Analyzed by Annual Sales for the Years 1991
through 2000 in Thousand Tons (includes corresponding
Graph/Chart) III-53

Table 94: Rest of World 15-Year Perspective for Formic Acid
by End Use Segment - Percentage Breakdown of Volume Sales
for Leather, Textiles, Chemicals & Pharmaceuticals, Silage,
Feed Acid, Rubber and Others for the Years 1998, 2008 & 2012
(includes corresponding Graph/Chart) III-54


IV. COMPETITIVE LANDSCAPE


-Addcon Agar GmbH (Germany)
-Aryan Petrochemical (Iran)
-BASF Aktiengesellschaft (AG)
(Germany)
-BASF Corporation (USA)
-Basf Intermediates Division (Germany)
-BASF Mexicana SA DE CV (Mexico)
-Celanese AG (Germany)
-Celanese Corporation (USA)
-Celanese Canada, Inc (Canada)
-Daicel Chemical Industries Ltd (Japan)
-Feicheng Acid Chemicals Co, Ltd (China)
-Fleurchem Inc (USA)
-Gujarat Narmada Valley Fertilizers Co, Ltd (India)
-Hunan Haili Zhuzhou Fine Chemical Company Limited (China)
-Jinan Petrochemical Group Co, Ltd (China)
-Kemira Oyj (Finland)
-Kemira Chemicals Oy (Finland)
-Kemira Chemsolutions Bv (The Netherlands)
-Lee Chang Yung Chemical Industry Corporation (Taiwan)
-Linyi ShengChuan Trading Co, Ltd (China)
-Malaya Acid Works Bhd (Malaysia)
-Merck KGaA (Germany)
-Mitsubishi Gas Chemical Company, Inc (Japan)
-Mudanjiang Yinxi Chemical Plant (China)
-Panreac Quimica SA (Spain)
-Periyar Chemicals Ltd (India)
-Perstorp AB (Sweden)
-Rashtriya Chemicals and Fertilizers Ltd (India)
-Rifa Industrial Co, Ltd (South Korea)
-SC Chimopar SA (Romania)
-Samsung Fine Chemicals Co, Ltd (Korea)
-Shanxi Yuanping Chemicals Company Limited (China)
-Zhejiang Xinan Chemical Industrial Group Co, Ltd (China)