| Product Code: ETC7640619 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland`s sodium formate import market saw a shift towards higher concentration, with top exporting countries being China, Mexico, UK, India, and USA. Despite a moderate CAGR of 1.99% from 2020 to 2024, the market experienced a negative growth rate of -12.87% in 2024. This suggests a challenging year for sodium formate imports in Ireland, potentially influenced by various economic factors and global trade dynamics impacting the industry. Monitoring future trends and market developments will be crucial for stakeholders to navigate this changing landscape effectively.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Sodium Formate Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Sodium Formate Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Sodium Formate Market - Industry Life Cycle |
3.4 Ireland Sodium Formate Market - Porter's Five Forces |
3.5 Ireland Sodium Formate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Sodium Formate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly deicing agents |
4.2.2 Growing adoption of sodium formate in oil and gas industry for drilling fluids |
4.2.3 Rise in construction activities leading to higher demand for concrete admixtures |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent regulations on chemical usage impacting market growth |
4.3.3 Competition from alternative deicing agents like calcium magnesium acetate |
5 Ireland Sodium Formate Market Trends |
6 Ireland Sodium Formate Market, By Types |
6.1 Ireland Sodium Formate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ireland Sodium Formate Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Ireland Sodium Formate Market Revenues & Volume, By Food Additives, 2021- 2031F |
6.1.4 Ireland Sodium Formate Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.1.5 Ireland Sodium Formate Market Revenues & Volume, By Textile and Printing, 2021- 2031F |
6.1.6 Ireland Sodium Formate Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.1.7 Ireland Sodium Formate Market Revenues & Volume, By Others, 2021- 2031F |
7 Ireland Sodium Formate Market Import-Export Trade Statistics |
7.1 Ireland Sodium Formate Market Export to Major Countries |
7.2 Ireland Sodium Formate Market Imports from Major Countries |
8 Ireland Sodium Formate Market Key Performance Indicators |
8.1 Average selling price of sodium formate |
8.2 Number of construction projects utilizing sodium formate-based concrete admixtures |
8.3 Adoption rate of sodium formate in the oil and gas industry |
9 Ireland Sodium Formate Market - Opportunity Assessment |
9.1 Ireland Sodium Formate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Sodium Formate Market - Competitive Landscape |
10.1 Ireland Sodium Formate Market Revenue Share, By Companies, 2024 |
10.2 Ireland Sodium Formate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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