Potassium Formate Market Sales Revenue to Significantly Increase in the Next Few Years

Latest research report on “Potassium Formate Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

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Potassium formate (CHO2K) is the potassium salt of formic acid. With a molar mass of 84.12 g/mol, this highly water-soluble product has many industrial applications, including heat transfer, de-icing, and as a brine for use in oilfield applications such as drilling and completion operations. Potassium formate also can be used as reduce agent for the production of printing and dyeing, and as intermediate in the manufacturing of potassium diformate.
This report contains market size and forecasts of Potassium Formate in global, including the following market information:
Global Potassium Formate Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Potassium Formate Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Potassium Formate companies in 2021 (%)
The global Potassium Formate market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Solid Potassium Formate Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Potassium Formate include OXEA Corporation, NASi, ClearWater, Themark, Hawkins, Advantage Mud Systems and CASCO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Potassium Formate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Potassium Formate Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Formate Market Segment Percentages, by Type, 2021 (%)
– Solid Potassium Formate
– Liquid Potassium Formate
Global Potassium Formate Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Formate Market Segment Percentages, by Application, 2021 (%)
– Oil Field
– Deicing Agent
– Others
Global Potassium Formate Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Potassium Formate Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Potassium Formate revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Potassium Formate revenues share in global market, 2021 (%)
Key companies Potassium Formate sales in global market, 2017-2022 (Estimated), (MT)
Key companies Potassium Formate sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
– OXEA Corporation
– NASi
– ClearWater
– Themark
– Hawkins
– Advantage Mud Systems

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