Global demand for potassium formate stands at a market valuation of US$ 725.5 million in 2023 and is forecasted to increase steadily at 4.9% CAGR over the next ten years. By 2033-end, the global potassium formate market is expected to attain US$ 1.17 billion in revenue. Potassium formate is the potassium salt of formic acid that is derived from a technical process that involves a reaction...

Potassium formate, a versatile chemical compound derived from formic acid and potassium hydroxide or carbonate, has emerged as a significant player in various industrial applications due to its eco-friendly and sustainable properties. Represented chemically as HCOOK or CHKO2, this crystalline white powder or brine solution is gaining traction across industries such as oil and gas, de-icing,...

Global demand for potassium formate stands at a market valuation of US$ 725.5 million in 2023 and is forecasted to increase steadily at 4.9% CAGR over the next ten years. By 2033-end, the global potassium formate market is expected to attain US$ 1.17 billion in revenue. Potassium formate, a versatile compound with a wide range of applications, has gained...

Global demand for potassium formate stands at a market valuation of US$ 725.5 million in 2023 and is forecasted to increase steadily at 4.9% CAGR over the next ten years. By 2033-end, the global potassium formate market is expected to attain US$ 1.17 billion in revenue. Potassium formate, a versatile compound with a wide range of applications, has gained...