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Global market value of potassium formate 2018-2027

Published by Lucía Fernández, Jul 6, 2021
The global market of potassium formate was valued at around 600 million U.S. dollars in 2018, and it is expected to increase to approximately 839.3 million U.S. dollars by 2027. Potassium formate is the potassium salt of formic acid. It has several industrial applications, such as in fertilizers, de-icing, and as a heat transfer fluid.

Market value of potassium formate worldwide in 2018 to 2027 (in million U.S. dollars)

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Release date

November 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

*Forecast based on a CAGR of 3.8 percent between 2018-2027.

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