Calcium Formate Increasing Demand for Cement to Fuel the Market
Calcium formate structure makes it a white crystalline solid that is free-flowing and odourless. Its unique properties have made it a highly demanded compound across the industrial spectrum. For example, in the leather tanning industry, calcium formate speeds up the percolation of chrome in the leather. This is also why leather is one of the leading segments in the market with a 18.3% share, as per Calcium Formate Market trends. Addition of the compound in cement makes cement hard, strong, and more durable, making it a hot cake in the cement industry. Moreover, the compound also works well in low temperature and prevents corrosion in metal substrates. Another application of calcium formate is in flue gas desulphurization, where the compound has shown the capacity to remove nearly 95% of oxides of sulphur from fuel oil. This multi-applicability is expected to enhance the potential of this market in the approaching decade.