Industry: Chemical & Material
Published Date: 2024-01-17
Pages: 88 Pages
Report ld: 2265696
Request Sample
Customized Report
Performic Acid Market Size(US$)

CAGR 2024-2030
3.6%
Market Size,2030
USD 314.2
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
The global Performic Acid market was valued at US$ 244 million in 2023 and is anticipated to reach US$ 314.2 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
Global Formic Acid key players include BASF, LUXI, Eastman, Feicheng Acid, Chongqing Chuandong Chemical, etc. Global top five manufacturers hold a share about 85%.
China is the largest market, with a share about 45%, followed by Europe and North America, both have a share over 45 percent.
In terms of product, Content 85% is the largest segment, with a share about 60%. And in terms of application, the largest application is Agriculture, followed by Leather & Textile.
This report aims to provide a comprehensive presentation of the global market for Performic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Performic Acid.
MARKET SEGMENTATION
REPORT SCOPE
The Performic Acid market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Performic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Performic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Performic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Performic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Performic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Performic Acid Market Overview
1.1 Product Definition
1.2 Performic Acid Segment by Type
1.2.1 Global Performic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Industrial Grade
1.2.3 Medical Grade
1.2.4 Food Grade
1.3 Performic Acid Segment by Application
1.3.1 Global Performic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food Industry
1.3.3 Medical industry
1.3.4 Water treatment
1.3.5 Paper and Pulp
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Performic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Performic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Performic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Performic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Performic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Performic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Performic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Performic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Performic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Performic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Performic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Performic Acid, Date of Enter into This Industry
2.9 Performic Acid Market Competitive Situation and Trends
2.9.1 Performic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Performic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Performic Acid Production by Region
3.1 Global Performic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Performic Acid Production Value by Region (2019-2030)
3.2.1 Global Performic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Performic Acid by Region (2025-2030)
3.3 Global Performic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Performic Acid Production by Region (2019-2030)
3.4.1 Global Performic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Performic Acid by Region (2025-2030)
3.5 Global Performic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Performic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Performic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Performic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Performic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Performic Acid Production Value Estimates and Forecasts (2019-2030)
4 Performic Acid Consumption by Region
4.1 Global Performic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Performic Acid Consumption by Region (2019-2030)
4.2.1 Global Performic Acid Consumption by Region (2019-2024)
4.2.2 Global Performic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Performic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Performic Acid Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Performic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Performic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Performic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Performic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Performic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Performic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Performic Acid Production by Type (2019-2030)
5.1.1 Global Performic Acid Production by Type (2019-2024)
5.1.2 Global Performic Acid Production by Type (2025-2030)
5.1.3 Global Performic Acid Production Market Share by Type (2019-2030)
5.2 Global Performic Acid Production Value by Type (2019-2030)
5.2.1 Global Performic Acid Production Value by Type (2019-2024)
5.2.2 Global Performic Acid Production Value by Type (2025-2030)
5.2.3 Global Performic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Performic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Performic Acid Production by Application (2019-2030)
6.1.1 Global Performic Acid Production by Application (2019-2024)
6.1.2 Global Performic Acid Production by Application (2025-2030)
6.1.3 Global Performic Acid Production Market Share by Application (2019-2030)
6.2 Global Performic Acid Production Value by Application (2019-2030)
6.2.1 Global Performic Acid Production Value by Application (2019-2024)
6.2.2 Global Performic Acid Production Value by Application (2025-2030)
6.2.3 Global Performic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Performic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hangzhou Dayangchem
7.1.1 Hangzhou Dayangchem Performic Acid Corporation Information
7.1.2 Hangzhou Dayangchem Performic Acid Product Portfolio
7.1.3 Hangzhou Dayangchem Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hangzhou Dayangchem Main Business and Markets Served
7.1.5 Hangzhou Dayangchem Recent Developments/Updates
7.2 Sagachem
7.2.1 Sagachem Performic Acid Corporation Information
7.2.2 Sagachem Performic Acid Product Portfolio
7.2.3 Sagachem Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Sagachem Main Business and Markets Served
7.2.5 Sagachem Recent Developments/Updates
7.3 Parchem
7.3.1 Parchem Performic Acid Corporation Information
7.3.2 Parchem Performic Acid Product Portfolio
7.3.3 Parchem Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Parchem Main Business and Markets Served
7.3.5 Parchem Recent Developments/Updates
7.4 Akos consulting and solution
7.4.1 Akos consulting and solution Performic Acid Corporation Information
7.4.2 Akos consulting and solution Performic Acid Product Portfolio
7.4.3 Akos consulting and solution Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Akos consulting and solution Main Business and Markets Served
7.4.5 Akos consulting and solution Recent Developments/Updates
7.5 Henan Bon industrial co. ltd.
7.5.1 Henan Bon industrial co. ltd. Performic Acid Corporation Information
7.5.2 Henan Bon industrial co. ltd. Performic Acid Product Portfolio
7.5.3 Henan Bon industrial co. ltd. Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Henan Bon industrial co. ltd. Main Business and Markets Served
7.5.5 Henan Bon industrial co. ltd. Recent Developments/Updates
7.6 Evonik Industries
7.6.1 Evonik Industries Performic Acid Corporation Information
7.6.2 Evonik Industries Performic Acid Product Portfolio
7.6.3 Evonik Industries Performic Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Evonik Industries Main Business and Markets Served
7.6.5 Evonik Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Performic Acid Industry Chain Analysis
8.2 Performic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Performic Acid Production Mode & Process
8.4 Performic Acid Sales and Marketing
8.4.1 Performic Acid Sales Channels
8.4.2 Performic Acid Distributors
8.5 Performic Acid Customers
9 Performic Acid Market Dynamics
9.1 Performic Acid Industry Trends
9.2 Performic Acid Market Drivers
9.3 Performic Acid Market Challenges
9.4 Performic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global market for Performic Acid was estimated to be worth US$ 271 million in 2025 and is projected to reach US$ 346 million, growing at a CAGR of 3.6% from 2026 to 2032.
Published Date: 2026-07-14
Pages: 135
USD 3950.00
(Single User License)
The global Performic Acid market was valued at US$ 271 million in 2025 and is anticipated to reach US$ 346 million by 2032, at a CAGR of 3.6% from 2026 to 2032.
Published Date: 2026-04-21
Pages: 131
USD 2900.00
(Single User License)
The global Performic Acid market is projected to grow from US$ 262 million in 2024 to US$ 335 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-21
Pages: 142
USD 4900.00
(Single User License)
The global market for Performic Acid was valued at US$ 262 million in the year 2024 and is projected to reach a revised size of US$ 335 million by 2031, growing at a CAGR of 3.6% during the forecast period.
Published Date: 2025-02-15
Pages: 93
USD 2900.00
(Single User License)
The global Performic Acid market size was US$ 262 million in 2024 and is forecast to a readjusted size of US$ 335 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published Date: 2025-02-15
Pages: 78
USD 4250.00
(Single User License)
The global market for Performic Acid was estimated to be worth US$ 262 million in 2024 and is forecast to a readjusted size of US$ 335 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published Date: 2025-02-15
Pages: 102
USD 3950.00
(Single User License)
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
Published Date: 2024-04-12
Pages: 90
USD 4900.00
(Single User License)
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
Published Date: 2024-01-09
Pages: 103
USD 3950.00
(Single User License)
The global market for Performic Acid was estimated to be worth US$ 271 million in 2025 and is projected to reach US$ 346 million, growing at a CAGR of 3.6% from 2026 to 2032.
Published: 2026-07-14
Pages: 135
The global Performic Acid market was valued at US$ 271 million in 2025 and is anticipated to reach US$ 346 million by 2032, at a CAGR of 3.6% from 2026 to 2032.
Published: 2026-04-21
Pages: 131
The global Performic Acid market is projected to grow from US$ 262 million in 2024 to US$ 335 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-21
Pages: 142
The global market for Performic Acid was valued at US$ 262 million in the year 2024 and is projected to reach a revised size of US$ 335 million by 2031, growing at a CAGR of 3.6% during the forecast period.
Published: 2025-02-15
Pages: 93
The global Performic Acid market size was US$ 262 million in 2024 and is forecast to a readjusted size of US$ 335 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published: 2025-02-15
Pages: 78
The global market for Performic Acid was estimated to be worth US$ 262 million in 2024 and is forecast to a readjusted size of US$ 335 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published: 2025-02-15
Pages: 102
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
Published: 2024-04-12
Pages: 90
Formic acid (also called methanoic acid) is a colorless liquid with a sharp odor. It is also the simplest carboxylic acid. The chemical formula is HCOOH or HCO2H. Formic acid is an environmentally acceptable and highly efficient organic acid. It is used in many areas, from leather processing to feed preservation.
Published: 2024-01-09
Pages: 103
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now