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Formamide Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

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    Report

  • 77 Pages
  • March 2025
  • Region: Global
  • Prof Research
  • ID: 6060906
Description Jump to:
Formamide is a colorless, odorless liquid valued for its versatility as a chemical intermediate and solvent, with key applications in pharmaceuticals and agricultural chemicals. It serves as a precursor for 1,2,4-triazole, an intermediate in triazole fungicide production, and is used in synthesizing pharmaceuticals like vitamin B4 and pyrimidine derivatives. Producers like Guizhou Tianfu Chemical (10,000 tons) and Shandong Acid Technology Co. Ltd. (30,000 tons) highlight its established production base. The market is estimated at USD 100-200 million in 2025, with a CAGR of 2.8%-5.0% from 2025 to 2030, driven by steady demand in agrochemicals and pharmaceuticals, tempered by market saturation.

Market Size and Growth Forecast

The Formamide market is projected to reach USD 100-200 million in 2025, growing at a CAGR of 2.8%-5.0% through 2030. This reflects consistent industrial use, balanced by limited growth in mature markets.

Regional Analysis

  • Asia Pacific: Growth is estimated at 3.2%-5.5%, with China leading due to agrochemical and pharmaceutical production.
  • North America: The market grows at 2.5%-4.5%, with the U.S. focusing on pharmaceuticals.
  • Europe: Growth ranges from 2.8%-5.0%, led by Germany, with agrochemical uses.
  • Rest of the World: Growth is 2.0%-4.0%, with India showing potential in agriculture.

Application Analysis

  • Pharmaceuticals: Growing at 3.0%-5.5%, it supports vitamin and drug synthesis, with trends in specialty chemicals.
  • Agricultural Chemicals: With a growth rate of 2.8%-5.0%, it aids fungicide production, trending toward sustainable agriculture.
  • Others: Including solvents, this grows at 2.0%-4.5%, with steady niche demand.

Key Market Players

  • BASF: In Germany, it supplies Formamide for industrial uses.
  • Eastman: In the U.S., it targets pharmaceutical applications.
  • Mitsubishi Gas Chemical (MGC): In Japan, it serves diverse needs.
  • Guizhou Tianfu Chemical: In China, it focuses on intermediates.
  • Shandong Acid Technology Co. Ltd.: In China, it supports large-scale production.

Porter’s Five Forces Analysis

  • Threat of New Entrants: Low, due to established supply chains.
  • Threat of Substitutes: Moderate, with alternative intermediates competing.
  • Bargaining Power of Buyers: Moderate, as buyers seek cost-effective options.
  • Bargaining Power of Suppliers: Moderate, with raw material concentration.
  • Industry Rivalry: Moderate, driven by regional competition.

Market Opportunities and Challenges

Opportunities

  • Steady agrochemical demand, especially triazole fungicides, supports growth.
  • Pharmaceutical applications in vitamin production offer potential.
  • Large capacities in China ensure supply stability.

Challenges

  • Market saturation in developed regions limits expansion.
  • Competition from alternative chemicals pressures growth.
  • Regulatory scrutiny on chemical intermediates poses risks.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Formamide Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Formamide by Region
8.2 Import of Formamide by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Formamide Market in North America (2020-2030)
9.1 Formamide Market Size
9.2 Formamide Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Formamide Market in South America (2020-2030)
10.1 Formamide Market Size
10.2 Formamide Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Formamide Market in Asia & Pacific (2020-2030)
11.1 Formamide Market Size
11.2 Formamide Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Formamide Market in Europe (2020-2030)
12.1 Formamide Market Size
12.2 Formamide Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Formamide Market in MEA (2020-2030)
13.1 Formamide Market Size
13.2 Formamide Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Formamide Market (2020-2025)
14.1 Formamide Market Size
14.2 Formamide Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Formamide Market Forecast (2025-2030)
15.1 Formamide Market Size Forecast
15.2 Formamide Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 BASF
16.1.1 Company Profile
16.1.2 Main Business and Formamide Information
16.1.3 SWOT Analysis of BASF
16.1.4 BASF Formamide Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Eastman
16.2.1 Company Profile
16.2.2 Main Business and Formamide Information
16.2.3 SWOT Analysis of Eastman
16.2.4 Eastman Formamide Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 Mitsubishi Gas Chemical (MGC)
16.3.1 Company Profile
16.3.2 Main Business and Formamide Information
16.3.3 SWOT Analysis of Mitsubishi Gas Chemical (MGC)
16.3.4 Mitsubishi Gas Chemical (MGC) Formamide Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Guizhou Tianfu Chemical
16.4.1 Company Profile
16.4.2 Main Business and Formamide Information
16.4.3 SWOT Analysis of Guizhou Tianfu Chemical
16.4.4 Guizhou Tianfu Chemical Formamide Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Shandong Acid Technology Co. Ltd.
16.5.1 Company Profile
16.5.2 Main Business and Formamide Information
16.5.3 SWOT Analysis of Shandong Acid Technology Co. Ltd.
16.5.4 Shandong Acid Technology Co. Ltd. Formamide Sales, Revenue, Price and Gross Margin (2020-2025)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Formamide Report
Table Data Sources of Formamide Report
Table Major Assumptions of Formamide Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Formamide Picture
Table Formamide Classification
Table Formamide Applications List
Table Drivers of Formamide Market
Table Restraints of Formamide Market
Table Opportunities of Formamide Market
Table Threats of Formamide Market
Table Raw Materials Suppliers List
Table Different Production Methods of Formamide
Table Cost Structure Analysis of Formamide
Table Key End Users List
Table Latest News of Formamide Market
Table Merger and Acquisition List
Table Planned/Future Project of Formamide Market
Table Policy of Formamide Market
Table 2020-2030 Regional Export of Formamide
Table 2020-2030 Regional Import of Formamide
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Formamide Market Size and Market Volume List
Figure 2020-2030 North America Formamide Market Size and CAGR
Figure 2020-2030 North America Formamide Market Volume and CAGR
Table 2020-2030 North America Formamide Demand List by Application
Table 2020-2025 North America Formamide Key Players Sales List
Table 2020-2025 North America Formamide Key Players Market Share List
Table 2020-2030 North America Formamide Demand List by Type
Table 2020-2025 North America Formamide Price List by Type
Table 2020-2030 United States Formamide Market Size and Market Volume List
Table 2020-2030 United States Formamide Import & Export List
Table 2020-2030 Canada Formamide Market Size and Market Volume List
Table 2020-2030 Canada Formamide Import & Export List
Table 2020-2030 Mexico Formamide Market Size and Market Volume List
Table 2020-2030 Mexico Formamide Import & Export List
Table 2020-2030 South America Formamide Market Size and Market Volume List
Figure 2020-2030 South America Formamide Market Size and CAGR
Figure 2020-2030 South America Formamide Market Volume and CAGR
Table 2020-2030 South America Formamide Demand List by Application
Table 2020-2025 South America Formamide Key Players Sales List
Table 2020-2025 South America Formamide Key Players Market Share List
Table 2020-2030 South America Formamide Demand List by Type
Table 2020-2025 South America Formamide Price List by Type
Table 2020-2030 Brazil Formamide Market Size and Market Volume List
Table 2020-2030 Brazil Formamide Import & Export List
Table 2020-2030 Argentina Formamide Market Size and Market Volume List
Table 2020-2030 Argentina Formamide Import & Export List
Table 2020-2030 Chile Formamide Market Size and Market Volume List
Table 2020-2030 Chile Formamide Import & Export List
Table 2020-2030 Peru Formamide Market Size and Market Volume List
Table 2020-2030 Peru Formamide Import & Export List
Table 2020-2030 Asia & Pacific Formamide Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Formamide Market Size and CAGR
Figure 2020-2030 Asia & Pacific Formamide Market Volume and CAGR
Table 2020-2030 Asia & Pacific Formamide Demand List by Application
Table 2020-2025 Asia & Pacific Formamide Key Players Sales List
Table 2020-2025 Asia & Pacific Formamide Key Players Market Share List
Table 2020-2030 Asia & Pacific Formamide Demand List by Type
Table 2020-2025 Asia & Pacific Formamide Price List by Type
Table 2020-2030 China Formamide Market Size and Market Volume List
Table 2020-2030 China Formamide Import & Export List
Table 2020-2030 India Formamide Market Size and Market Volume List
Table 2020-2030 India Formamide Import & Export List
Table 2020-2030 Japan Formamide Market Size and Market Volume List
Table 2020-2030 Japan Formamide Import & Export List
Table 2020-2030 South Korea Formamide Market Size and Market Volume List
Table 2020-2030 South Korea Formamide Import & Export List
Table 2020-2030 Southeast Asia Formamide Market Size List
Table 2020-2030 Southeast Asia Formamide Market Volume List
Table 2020-2030 Southeast Asia Formamide Import List
Table 2020-2030 Southeast Asia Formamide Export List
Table 2020-2030 Australia Formamide Market Size and Market Volume List
Table 2020-2030 Australia Formamide Import & Export List
Table 2020-2030 Europe Formamide Market Size and Market Volume List
Figure 2020-2030 Europe Formamide Market Size and CAGR
Figure 2020-2030 Europe Formamide Market Volume and CAGR
Table 2020-2030 Europe Formamide Demand List by Application
Table 2020-2025 Europe Formamide Key Players Sales List
Table 2020-2025 Europe Formamide Key Players Market Share List
Table 2020-2030 Europe Formamide Demand List by Type
Table 2020-2025 Europe Formamide Price List by Type
Table 2020-2030 Germany Formamide Market Size and Market Volume List
Table 2020-2030 Germany Formamide Import & Export List
Table 2020-2030 France Formamide Market Size and Market Volume List
Table 2020-2030 France Formamide Import & Export List
Table 2020-2030 United Kingdom Formamide Market Size and Market Volume List
Table 2020-2030 United Kingdom Formamide Import & Export List
Table 2020-2030 Italy Formamide Market Size and Market Volume List
Table 2020-2030 Italy Formamide Import & Export List
Table 2020-2030 Spain Formamide Market Size and Market Volume List
Table 2020-2030 Spain Formamide Import & Export List
Table 2020-2030 Belgium Formamide Market Size and Market Volume List
Table 2020-2030 Belgium Formamide Import & Export List
Table 2020-2030 Netherlands Formamide Market Size and Market Volume List
Table 2020-2030 Netherlands Formamide Import & Export List
Table 2020-2030 Austria Formamide Market Size and Market Volume List
Table 2020-2030 Austria Formamide Import & Export List
Table 2020-2030 Poland Formamide Market Size and Market Volume List
Table 2020-2030 Poland Formamide Import & Export List
Table 2020-2030 Russia Formamide Market Size and Market Volume List
Table 2020-2030 Russia Formamide Import & Export List
Table 2020-2030 MEA Formamide Market Size and Market Volume List
Figure 2020-2030 MEA Formamide Market Size and CAGR
Figure 2020-2030 MEA Formamide Market Volume and CAGR
Table 2020-2030 MEA Formamide Demand List by Application
Table 2020-2025 MEA Formamide Key Players Sales List
Table 2020-2025 MEA Formamide Key Players Market Share List
Table 2020-2030 MEA Formamide Demand List by Type
Table 2020-2025 MEA Formamide Price List by Type
Table 2020-2030 Egypt Formamide Market Size and Market Volume List
Table 2020-2030 Egypt Formamide Import & Export List
Table 2020-2030 Israel Formamide Market Size and Market Volume List
Table 2020-2030 Israel Formamide Import & Export List
Table 2020-2030 South Africa Formamide Market Size and Market Volume List
Table 2020-2030 South Africa Formamide Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Formamide Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Formamide Import & Export List
Table 2020-2030 Turkey Formamide Market Size and Market Volume List
Table 2020-2030 Turkey Formamide Import & Export List
Table 2020-2025 Global Formamide Market Size List by Region
Table 2020-2025 Global Formamide Market Size Share List by Region
Table 2020-2025 Global Formamide Market Volume List by Region
Table 2020-2025 Global Formamide Market Volume Share List by Region
Table 2020-2025 Global Formamide Demand List by Application
Table 2020-2025 Global Formamide Demand Market Share List by Application
Table 2020-2025 Global Formamide Capacity List
Table 2020-2025 Global Formamide Key Vendors Capacity Share List
Table 2020-2025 Global Formamide Key Vendors Production List
Table 2020-2025 Global Formamide Key Vendors Production Share List
Figure 2020-2025 Global Formamide Capacity Production and Growth Rate
Table 2020-2025 Global Formamide Key Vendors Production Value List
Figure 2020-2025 Global Formamide Production Value and Growth Rate
Table 2020-2025 Global Formamide Key Vendors Production Value Share List
Table 2020-2025 Global Formamide Demand List by Type
Table 2020-2025 Global Formamide Demand Market Share List by Type
Table 2020-2025 Regional Formamide Price List
Table 2025-2030 Global Formamide Market Size List by Region
Table 2025-2030 Global Formamide Market Size Share List by Region
Table 2025-2030 Global Formamide Market Volume List by Region
Table 2025-2030 Global Formamide Market Volume Share List by Region
Table 2025-2030 Global Formamide Demand List by Application
Table 2025-2030 Global Formamide Demand Market Share List by Application
Table 2025-2030 Global Formamide Capacity List
Table 2025-2030 Global Formamide Key Vendors Capacity Share List
Table 2025-2030 Global Formamide Key Vendors Production List
Table 2025-2030 Global Formamide Key Vendors Production Share List
Figure 2025-2030 Global Formamide Capacity Production and Growth Rate
Table 2025-2030 Global Formamide Key Vendors Production Value List
Figure 2025-2030 Global Formamide Production Value and Growth Rate
Table 2025-2030 Global Formamide Key Vendors Production Value Share List
Table 2025-2030 Global Formamide Demand List by Type
Table 2025-2030 Global Formamide Demand Market Share List by Type
Table 2025-2030 Formamide Regional Price List
Table BASF Information
Table SWOT Analysis of BASF
Table 2020-2025 BASF Formamide Product Capacity Production Price Cost Production Value
Figure 2020-2025 BASF Formamide Capacity Production and Growth Rate
Figure 2020-2025 BASF Formamide Market Share
Table Eastman Information
Table SWOT Analysis of Eastman
Table 2020-2025 Eastman Formamide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Eastman Formamide Capacity Production and Growth Rate
Figure 2020-2025 Eastman Formamide Market Share
Table Mitsubishi Gas Chemical (MGC) Information
Table SWOT Analysis of Mitsubishi Gas Chemical (MGC)
Table 2020-2025 Mitsubishi Gas Chemical (MGC) Formamide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Mitsubishi Gas Chemical (MGC) Formamide Capacity Production and Growth Rate
Figure 2020-2025 Mitsubishi Gas Chemical (MGC) Formamide Market Share
Table Guizhou Tianfu Chemical Information
Table SWOT Analysis of Guizhou Tianfu Chemical
Table 2020-2025 Guizhou Tianfu Chemical Formamide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Guizhou Tianfu Chemical Formamide Capacity Production and Growth Rate
Figure 2020-2025 Guizhou Tianfu Chemical Formamide Market Share
Table Shandong Acid Technology Co. Ltd. Information
Table SWOT Analysis of Shandong Acid Technology Co. Ltd.
Table 2020-2025 Shandong Acid Technology Co. Ltd. Formamide Product Capacity Production Price Cost Production Value
Figure 2020-2025 Shandong Acid Technology Co. Ltd. Formamide Capacity Production and Growth Rate
Figure 2020-2025 Shandong Acid Technology Co. Ltd. Formamide Market Share

Companies Mentioned

  • BASF
  • Eastman
  • Mitsubishi Gas Chemical (MGC)
  • Guizhou Tianfu Chemical
  • Shandong Acid Technology Co. Ltd.

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