The driving factors for calcium formate market is its growing demand from construction industry
Calcium formate is used as cement additive and concrete accelerator, tile adhesives and cement-based mortars. The growth in the consumption of cement from the construction industry effectively boosts the demand for calcium formate market.
Calcium fromate is used as a cement additive in the construction industry for quick setting and increasing hardness of cement products. Cement is also used...
Growth Strategies Adopted by Major Players in Feed Additives Market
The global feed additives market size is projected to grow from USD 33.0 billion in 2018 to USD 44.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Increasing consumption of livestock-based products, rising awareness about the importance of feed quality, and standardization of meat products owing to disease outbreaks are the major drivers for the growth...
Rising Concern Regarding Animal Feed Quality and Ban on Antibiotics to Drive the Phytogenic Feed Additives Market Growth
The global phytogenic feed additives market size is estimated to be valued at USD 701 million in 2019 and is projected to reach USD 1,226 billion by 2025, growing at a CAGR of 9.8% during the forecast period. Phytogenics are non-antibiotic growth promoters representing a group of natural substances used in the livestock industry for nutrition. Phytogenics have evolved as a key feed additive, as they...