Potassium Formate Market
Market Insights on Potassium Formate covering sales outlook, demand forecast & up-to-date key trends
Potassium Formate Market By Form Type (Brine (Liquid), Powder (Solid)), Application (Drilling Fluid, De-icing, Heat Transfer Fluid) & Region - Forecast 2022 - 2029
Potassium Formate Market Outlook—2022-2029
[200 Pages Report] The global potassium formate market size is estimated to be valued at US$ 716.4 Mn in 2022. Growing demand for eco-friendly products for de-icing applications and drilling fluid is expected to boost sales at a steady 4.2% CAGR between 2022 and 2029. Against this backdrop, the market valuation is set to top US$ 952.3 Mn by 2029.
|
Attribute |
Details |
|
Potassium Formate Market Size 2022 |
US$ 716.4 Mn |
|
Potassium Formate Market Value-based CAGR (2022-2029) |
~4.2% |
|
Potassium Formate Market Projected Size in 2029 |
US$ 952.3 Mn |
Superior functional properties and sustainability of potassium permeate liquids are driving their applications in the oil & gas industry as an alternative to conventional drilling fluids. In addition to this, stringent regulations implemented to encourage carbon emission control worldwide will continue pushing sales over the assessment period.
The demand for eco-friendly products growing in various sectors. This has in turn encouraged manufacturers to launch innovative potassium formate solutions. These factors are expected to continue boosting the sales in the market over the assessment period.
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How The Market Progressed Till June 2022?
|
Market Statistics |
Details |
|
H1,2021 (A) |
4.0% |
|
H1,2022 Projected (P) |
4.3% |
|
H1,2022 Outlook (O) |
4.4% |
|
BPS Change : H1,2022 (O) - H1,2022 (P) |
(+) 10 ↑ |
|
BPS Change : H1,2022 (O) - H1,2021 (A) |
(+) 40 ↑ |
FMI presents a half-yearly comparison, analytical research, and key market developments for the potassium formate industry. The market has been significantly impacted by global industrialization, the rise of value-added manufacturing, as well as certain macroeconomic factors, including chemical industry growth, increase in investment in specialty chemicals, etc.
The market's development prospects varies significantly depending on how vibrant the local manufacturing sector is, with China, India and ASEAN witnessing a substantial growth prospects.
According to FMI analysis, the variation between the BPS values observed in the potassium formate market in H1, 2022 - Outlook over H1, 2022 projected reflects the addition of 10 units. While a comparison to H1, 2021, the market is expected to increase by 40 bps in H1 -2022.
The exploration of new and innovative, rapidly expanding applications for potassium formate as a heat transfer liquid is one of the key factors pushing the demand graph upward.
Due to industrialization, a steady rise in manufacturing value addition over the past few years, and quick recovery of the manufacturing sector after COVID-19 during the latter part of 2021, the demand for potassium formate and other heat transfer fluids is approaching its peak.
Numerous demographic and legal changes in the use of de-icing solutions in many nations are also playing a vital role in promoting the demand for potassium formate. The frigid climate in the area makes Europe a significant consumer of de-icing solutions. Sales are rising across the region as a result of tighter regulations in countries that mandate the use of de-icing solutions to normalize transportation.
2014-2021 Potassium Formate Market Outlook in Comparison to 2022-2029 Growth Forecast
Demand for potassium formate is projected to increase at a steady 4.2% CAGR, in comparison with the 3.7% CAGR registered between 2014 to 2021.
Companies operating in the oil & gas industry are striving to achieve cost reduction, enhanced quality and increase productivity in operations. Besides this, growing need for safety, efficacy and agility of drilling fluids is spurring demand for smooth fluids with high chemical strength.
These factors are expected to drive sales of potassium formate solutions over the assessment period. Increasing sales of potassium formate for de-icing at airports worldwide will continue augmenting the growth of the market over the forecast period.
Product innovations by manufacturers are diversifying potassium formate uses across various industries. For instance, formic acid is being utilized in animal feed as a preservative. Growing demand for animal-derived products is pushing application of potassium formate salts in animal feed, thereby fueling the growth of the market.
In addition to this, high quality and eco-friendliness of formic acid, along with wide acceptance of potassium formate as an alternative to conventional and hazardous chemical-based salts will augment the growth of the market, opines Future Market Insights (FMI).
Will Growing Applications of Potassium Formate across Diverse End-Use Sectors Continue Influencing Sales?
Potassium formate finds applications as a heat-transfer liquid in various products. Owing to growing emphasis on sustainability, demand for eco-friendlier alternatives is on the rise, which is pushing sales of the product in heating and cooling applications.
The product offers functional properties, cost-effectiveness and premium quality, which makes it a viable alternative to be used in refrigerated systems instead of calcium chloride and other brine solutions.
Potassium formate is easily biodegradable and has minimal impact on the environment as compared to conventionally used salts for drilling fluid applications, de-icing and heating transfer liquids in cold chain storage equipment.
Besides this, the product is less corrosive than other salts that are used in de-icing airports. Stringent regulations pertaining to the usage of harmful chemicals for de-icing across North America and Europe is the primary factor driving applications of potassium formate.
Driven by high demand, manufacturers operating in the market are investing in research and development to diversify the applications of potassium formate solution. This is expected to continue augmenting the growth of the market in the forthcoming years.
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What is Driving the U.S. Potassium Formate Market?
“Potassium Formate Solutions are Increasingly Preferred for Heat-Transfer Applications”
The U.S. is expected to dominate the North America potassium formate market owing to growing demand for sustainable alternatives in heating and cooling applications. As per FMI, sales in the North America market are slated to account for 33.8% of the total market share in 2022.
Growing demand for packaged and frozen foods is propelling demand for effective cold chain storage solutions across the country. Due to stringent regulations regarding carbon emissions and sustainability, potassium formate liquid is being used as a feasible solution in heating and cooling applications.
In addition to this, high demand for non-toxic and non-hazardous materials in refrigerated systems, along with surging applications of potassium formate for de-icing airports in the U.S. will continue driving sales in the forthcoming years.
Why is the U.K. Potassium Formate Market Considered Attractive?
“Surging Demand in De-icing Applications to Drive Sales of Potassium Formate Liquid”
Stringent regulations implemented on the aerospace industry are mandating the usage of environment-friendly solutions for de-icing applications at airports in the U.K., which in turn is driving sales. The Europe potassium formate market is projected to account for 24% of the total market share in 2022.
Potassium formate is gradually replacing urea and potassium acetate for de-icing of runways in the U.K. Apart from airports, municipal and commercial sectors are also utilizing potassium formate solutions as de-icing agents for roads during winters.
The non-toxic nature of potassium formate liquids is expected to further propel its applications in the aerospace industry, along with roadways and pathways across suburbs and cities. Backed by the aforementioned factors, sales in the U.K. are expected to continue gaining momentum over the forecast period.
How Will the China Potassium Formate Market Fare?
“Surging Applications of Potassium Formate Solutions in the Oil & Gas Industry will Fuel Sales”
Growing applications of potassium formulate as a drilling fluid in the oil & gas industry in China has positioned the country as a lucrative pocket in East Asia. Driven by this, the East Asia potassium formate market is projected to account for 20.1% of the total market share in 2022, finds FMI.
China is home to one of the largest oil & gas sectors worldwide, along with the Middle East. Potassium carbonate is being adopted as a drilling fluid owing to stringent regulations regarding the usage of hazardous chemicals in drilling and mining applications, which in turn is driving sales in the China market.
Category-wise Insights
Why is the Demand for Potassium Formate Brine High?
“Potassium Formate Liquid is Increasingly Used in Drilling and Heat-Transfer Applications”
In terms of form, sales of potassium formate brine are expected to remain high during the assessment period. Growth can be attributed to increasing applications in drilling applications, particularly in high temperature (HPHT) oil wells.
Potassium formate-based fluids are environment-friendly and biodegradable. They also improve polymer stability when used as drilling and completion fluids. Besides this, they are being used as de-icers for airports and municipal roadways, which will continue driving the potassium formate market over the assessment period.
Which is the Leading Application of Potassium Formate?
“Demand for Potassium Formate Solution as Drilling Fluids to Remain High”
Based on applications, sales of potassium formate in the oil & gas sectors as drilling liquids will continue gaining traction over the forecast period. As per FMI, demand in North America, Europe, China and the Middle East is expected to surge owing to the presence of well-established oil & gas industry in the region.
In addition to this, manufacturers are investing in product developments to achieve high efficiency, performance, and quality in liquid formulations. This will continue pushing sales of potassium formate liquids in the oil & gas industry over the assessment period.
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Competition Landscape
Leading players operating in the global potassium formate market are investing in research and development to diversify applications of the product across various end-use sectors. In addition to this, players are investing in mergers, acquisitions and collaborations to improve the applications of potassium formate as a heat-transfer agent.
Scope Of Report
|
Attribute |
Details |
|
Forecast Period |
2022-2029 |
|
Historical Data Available for |
2014-2021 |
|
Market Analysis |
Units for Volume and US$ Mn for Value |
|
Key Regions Covered |
North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA |
|
Key Countries Covered |
United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others. |
|
Key Market Segments Covered |
Form and Applications and Region |
|
Key Companies Profiled |
|
|
Pricing |
Available upon Request |
Potassium Formate Market By Category
Form:
- Brine (Liquid)
- Powder (Solid)
Application:
- Drilling Fluid
- De-icing
- Heat Transfer Fluid
- Others (fertilizer, feed)
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Frequently Asked Questions
The global potassium formate market is expected to reach a valuation of US$ 716.4 Mn in 2022.
The global Potassium formate market grew at 3.7% CAGR between 2014 and 2021.
North America is projected to account for 33.8% of the global potassium formate market share during the forecast period.
The potassium formate market in Europe is anticipated to command 24% of the total market share in 2022.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definition
3. Market Background
3.1. Macro-Economic Factors
3.1.1. GDP GROWTH
3.1.2. Chemical Industry Outlook
3.1.3. Industry Value Added by Region
3.1.4. Oil & Gas Outlook
3.1.5. Natural Gas industry Overview
4. Value Chain Analysis
4.1. Industry Value Added by Region
4.2. Supply Chain Analysis
4.2.1. List of Suppliers
4.2.2. List of End-user
4.2.3. Primary Verbatim
5. Forecast Factors – Relevance & Impact Analysis
6. Market Dynamics
6.1. Driver
6.2. Opportunities
6.3. Restraints
6.4. Trends
7. Global Potassium Formate Market Demand Analysis 2014–2021 and Forecast, 2022–2029
7.1. Historical Market Volume (Kiloton) Analysis, 2014–2021
7.1.1. Current and Future Market Volume (Kiloton) Projections, 2022–2029
7.1.2. Y-o-Y Growth Trend Analysis
7.2. Global Potassium Formate Market - Pricing Analysis
7.2.1. Regional Pricing Analysis By Form
7.2.2. Pricing Break-up
7.2.2.1. Manufacturer Level Pricing
7.2.2.2. Distributor Level Pricing
7.3. Global Potassium Formate Market Demand (US$ Mn) Analysis 2014–2021 and Forecast, 2022–2029
7.3.1. Historical Market Value (US$ Mn) Analysis, 2014–2021
7.3.2. Current and Future Market Value (US$ Mn) Projections, 2022–2029
7.3.2.1. Y-o-Y Growth Trend Analysis
7.3.2.2. Absolute $ Opportunity Analysis
8. Global Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029, by Form
8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Form, 2014 - 2021
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Form, 2022 - 2029
8.3.1. Brine (Liquid)
8.3.2. Powder (Solid)
8.4. Market Attractiveness Analysis By Form
9. Global Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029, By Application
9.1. Introduction / Key Findings
9.2. 10.2.Historical Market Size (US$ Mn) and Volume Analysis By Application, 2014 - 2021
9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Application, 2022 – 2029
9.3.1. Drilling Fluid
9.3.2. De-icing
9.3.3. Heat Transfer Fluid
9.3.4. Others(fertilizer, feed)
9.4. Market Attractiveness Analysis By Application
10. Global Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029, by Region
10.1. Introduction
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2014 – 2021
10.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2022 - 2029
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. South Asia
10.3.5. East Asia
10.3.6. Oceania
10.3.7. Middle East and Africa
10.4. Market Attractiveness Analysis By Region
11. North America Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2021
11.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
11.4.1. By Country
11.4.1.1. U.S.
11.4.1.2. Canada
11.4.2. By Form
11.4.3. By Application
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Form
11.5.3. By Application
11.6. Market Trends
11.7. Key Market Participants - Intensity Mapping
11.8. Drivers and Restraints - Impact Analysis
12. Latin America Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 – 2021
12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
12.4.1. By Country
12.4.1.1. Brazil
12.4.1.2. Mexico
12.4.1.3. Argentina
12.4.1.4. Rest of Latin America
12.4.2. By Form
12.4.3. By Application
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Form
12.5.3. By Application
12.6. Market Trends
12.7. Key Market Participants - Intensity Mapping
12.8. Drivers and Restraints - Impact Analysis
13. Europe Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 – 2021
13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2021 – 2028
13.4.1. By Country
13.4.1.1. Germany
13.4.1.2. Italy
13.4.1.3. France
13.4.1.4. U.K.
13.4.1.5. Spain
13.4.1.6. BENELUX
13.4.1.7. Russia
13.4.1.8. Rest of Europe
13.4.2. By Form
13.4.3. By Application
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Form
13.5.3. By Application
13.5.4. Market Trends
13.6. Key Market Participants - Intensity Mapping
13.7. Drivers and Restraints - Impact Analysis
14. South Asia Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2021
14.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
14.4.1. By Country
14.4.1.1. India
14.4.1.2. Thailand
14.4.1.3. Indonesia
14.4.1.4. Malaysia
14.4.1.5. Rest of South Asia
14.4.2. By Form
14.4.3. By Application
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Form
14.5.3. By Application
14.5.4. Market Trends
14.6. Key Market Participants - Intensity Mapping
14.7. Drivers and Restraints - Impact Analysis
15. East Asia Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2021
15.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
15.4.1. By Country
15.4.1.1. China
15.4.1.2. Japan
15.4.1.3. South Korea
15.4.2. By Form
15.4.3. By Application
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Form
15.5.3. By Application
15.6. Market Trends
15.7. Key Market Participants - Intensity Mapping
15.8. Drivers and Restraints - Impact Analysis
16. Oceania Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2021
16.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
16.4.1. By Country
16.4.1.1. Australia
16.4.1.2. New Zealand
16.4.2. By Form
16.4.3. By Application
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Form
16.5.3. By Application
16.6. Market Trends
16.7. Key Market Participants - Intensity Mapping
16.8. Drivers and Restraints - Impact Analysis
17. Middle East and Africa Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2014 - 2021
17.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022 - 2029
17.4.1. By Country
17.4.1.1. GCC Countries
17.4.1.2. Turkey
17.4.1.3. Northern Africa
17.4.1.4. South Africa
17.4.1.5. Rest of Middle East and Africa
17.4.2. By Form
17.4.3. By Application
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Form
17.5.3. By Application
17.6. Market Trends
17.7. Key Market Participants - Intensity Mapping
17.8. Drivers and Restraints - Impact Analysis
18. Emerging Countries Potassium Formate Market Analysis 2014–2021 and Forecast 2022–2029
18.1. Introduction
18.1.1. Market Value Proportion Analysis, By Key Countries
18.1.2. Global Vs. Country Growth Comparison
18.2. China Potassium Formate Market Analysis
18.2.1. Introduction
18.2.2. Market Value Proportion Analysis by Market Taxonomy
18.2.3. Market Volume (Kiloton) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.2.3.1. By Form
18.2.3.2. By Application
18.3. India Potassium Formate Market Analysis
18.3.1. Introduction
18.3.2. Market Value Proportion Analysis by Market Taxonomy
18.3.3. Market Volume (Kiloton) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.3.3.1. By Form
18.3.3.2. By Application
18.4. UK Potassium Formate Market Analysis
18.4.1. Introduction
18.4.2. Market Value Proportion Analysis by Market Taxonomy
18.4.3. Market Volume (Kiloton) and Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.4.3.1. By Form
18.4.3.2. By Application
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies (Potassium Formate Market)
19.2. Market Share Analysis of Top Players
19.3. Competition Analysis
20. Competition Deep Dive
20.1.1. BASF SE
20.1.1.1. Overview
20.1.1.2. Product Portfolio
20.1.1.3. Profitability by Market Segments (Product/Channel/Region)
20.1.1.4. Sales Footprint
20.1.1.5. Strategy Overview
20.1.1.6. Marketing Strategy
20.1.1.7. Product Strategy
20.1.1.8. Channel Strategy
20.1.2. Evonik Industries
20.1.2.1. Overview
20.1.2.2. Product Portfolio
20.1.2.3. Profitability by Market Segments (Product/Channel/Region)
20.1.2.4. Sales Footprint
20.1.2.5. Strategy Overview
20.1.2.6. Marketing Strategy
20.1.2.7. Product Strategy
20.1.2.8. Channel Strategy
20.1.3. Honeywell International Inc
20.1.3.1. Overview
20.1.3.2. Product Portfolio
20.1.3.3. Profitability by Market Segments (Product/Channel/Region)
20.1.3.4. Sales Footprint
20.1.3.5. Strategy Overview
20.1.3.6. Marketing Strategy
20.1.3.7. Product Strategy
20.1.3.8. Channel Strategy
20.1.4. Cabot Corporation
20.1.4.1. Overview
20.1.4.2. Product Portfolio
20.1.4.3. Profitability by Market Segments (Product/Channel/Region)
20.1.4.4. Sales Footprint
20.1.4.5. Strategy Overview
20.1.4.6. Marketing Strategy
20.1.4.7. Product Strategy
20.1.4.8. Channel Strategy
20.1.5. Addcon GmbH
20.1.5.1. Overview
20.1.5.2. Product Portfolio
20.1.5.3. Profitability by Market Segments (Product/Channel/Region)
20.1.5.4. Sales Footprint
20.1.5.5. Strategy Overview
20.1.5.6. Marketing Strategy
20.1.5.7. Product Strategy
20.1.5.8. Channel Strategy
20.1.6. Dynalene Inc.
20.1.6.1. Overview
20.1.6.2. Product Portfolio
20.1.6.3. Profitability by Market Segments (Product/Channel/Region)
20.1.6.4. Sales Footprint
20.1.6.5. Strategy Overview
20.1.6.6. Marketing Strategy
20.1.6.7. Product Strategy
20.1.6.8. Channel Strategy
20.1.7. Perstorp Holding AB
20.1.7.1. Overview
20.1.7.2. Product Portfolio
20.1.7.3. Profitability by Market Segments (Product/Channel/Region)
20.1.7.4. Sales Footprint
20.1.7.5. Strategy Overview
20.1.7.6. Marketing Strategy
20.1.7.7. Product Strategy
20.1.7.8. Channel Strategy
20.1.8. GELEST, INC.
20.1.8.1. Overview
20.1.8.2. Product Portfolio
20.1.8.3. Profitability by Market Segments (Product/Channel/Region)
20.1.8.4. Sales Footprint
20.1.8.5. Strategy Overview
20.1.8.6. Marketing Strategy
20.1.8.7. Product Strategy
20.1.8.8. Channel Strategy
20.1.9. Tomiyama Pure Chemical Industries, Ltd.
20.1.9.1. Overview
20.1.9.2. Product Portfolio
20.1.9.3. Profitability by Market Segments (Product/Channel/Region)
20.1.9.4. Sales Footprint
20.1.9.5. Strategy Overview
20.1.9.6. Marketing Strategy
20.1.9.7. Product Strategy
20.1.9.8. Channel Strategy
20.1.10. ICL
20.1.10.1. Overview
20.1.10.2. Product Portfolio
20.1.10.3. Profitability by Market Segments (Product/Channel/Region)
20.1.10.4. Sales Footprint
20.1.10.5. Strategy Overview
20.1.10.6. Marketing Strategy
20.1.10.7. Product Strategy
20.1.10.8. Channel Strategy
20.1.11. TETRA Technologies, Inc.
20.1.11.1. Overview
20.1.11.2. Product Portfolio
20.1.11.3. Profitability by Market Segments (Product/Channel/Region)
20.1.11.4. Sales Footprint
20.1.11.5. Strategy Overview
20.1.11.6. Marketing Strategy
20.1.11.7. Product Strategy
20.1.11.8. Channel Strategy
21. Assumptions and Acronyms Used
22. Research Methodology
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List of Tables
Table 01: Global Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 02: Global Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 03: Global Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Region, 2014 – 2029
Table 04: North America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 05: North America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 06: North America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 07: Latin America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 08: Latin America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 09: Europe Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 09: Latin America Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 10: Europe Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 11: Europe Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 12: South Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 13: South Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 14: South Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 15: East Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 16: East Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 17: East Asia Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 18: Oceania Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 19: Oceania Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 20: Oceania Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 21: Middle East & Africa Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Country, 2014 – 2029
Table 22: Middle East & Africa Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 23: Middle East & Africa Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 24: China Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 25: China Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 26: India Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 27: India Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
Table 28: Mexico Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast by Form, 2014 – 2029
Table 29: Mexico Potassium Formate Market (US$ Mn) & Volume (Kiloton) Forecast By Application, 2014 – 2029
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Figure 01: Global GDP Growth Y-o-Y (%) Forecast Comparison by Region, 2016–2028
Figure 02: Global Oil & Gas Production Forecast Outlook
Figure 03: Demand Analysis of Natural Gas
Figure 04: Production of Natural Gas by Region (Bn Cubic Meters)
Figure 05: Shale Gas Resources (Mn Cubic Meters)
Figure 06: World Energy Consumption by Energy Source (Quadrillion Btu)
Figure 07: 10 Prominent Countries of Chemical Sales (2016) by Value
Figure 08: Global Chemical Sales Share (2016) by Region
Figure 09: Global Potassium Formate Market Value (US$ Mn), 2022 & 2029
Figure 10: Global Potassium Formate Market Absolute $ Opportunity Analysis, 2014–2028
Figure 11: Global Potassium Formate Market Analysis by Form (2022)
Figure 12: Global Potassium Formate Market Analysis by Form (2029)
Figure 13: Global Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 14: Global Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 15: Global Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 16: Global Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 17: Global Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 18: Global Potassium Formate Market Analysis by Application (2022)
Figure 19: Global Potassium Formate Market Analysis by Application (2029)
Figure 20: Global Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 21: Global Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 22: Global Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 23: Global Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 24: Global Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 25: Global Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 26: Global Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 29: Global Potassium Formate Market Share and BPS Analysis By Region, 2022 & 2029
Figure 30: Global Potassium Formate Market Y-o-Y Growth Projections by Region, 2022 & 2029
Figure 31: Global Potassium Formate Market Attractiveness Analysis Projections by Region, 2022 & 2029
Figure 32: Global Potassium Formate Market Absolute $ Opportunity by North America Segment, 2021 – 2029
Figure 33: Global Potassium Formate Market Absolute $ Opportunity by Latin America Segment, 2021 – 2029
Figure 34: Global Potassium Formate Market Absolute $ Opportunity by Europe Segment, 2021 – 2029
Figure 35: Global Potassium Formate Market Absolute $ Opportunity by South Asia Segment, 2021 – 2029
Figure 36: Global Potassium Formate Market Absolute $ Opportunity by East Asia Segment, 2021 – 2029
Figure 37: Global Potassium Formate Market Absolute $ Opportunity by Oceania Segment, 2021 – 2029
Figure 38: Global Potassium Formate Market Absolute $ Opportunity by Middle East & Africa Segment, 2021 – 2029
Figure 39: North America Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 40: North America Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 41: North America Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 42: North America Potassium Formate Market Absolute $ Opportunity by US Segment, 2021 – 2029
Figure 43: North America Potassium Formate Market Absolute $ Opportunity by Canada Segment, 2021 – 2029
Figure 44: North America Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 45: North America Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 46: North America Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 47: North America Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 48: North America Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 49: North America Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 50: North America Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 51: North America Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 52: North America Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 53: North America Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 54: North America Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 55: North America Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 56: Latin America Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 57: Latin America Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 58: Latin America Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 59: Latin America Potassium Formate Market Absolute $ Opportunity by Brazil Segment, 2021 – 2029
Figure 60: Latin America Potassium Formate Market Absolute $ Opportunity by Mexico Segment, 2021 – 2029
Figure 61: Latin America Potassium Formate Market Absolute $ Opportunity by Argentina Segment, 2021 – 2029
Figure 62: Latin America Potassium Formate Market Absolute $ Opportunity by Rest of Latin America Segment, 2021 – 2029
Figure 63: Latin America Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 64: Latin America Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 65: Latin America Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 66: Latin America Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 67: Latin America Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 68: Latin America Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 69: Latin America Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 70: Latin America Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 71: Latin America Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 72: Latin America Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 73: Latin America Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 74: Latin America Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 75: Europe Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 76: Europe Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 77: Europe Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 78: Europe Potassium Formate Market Absolute $ Opportunity by Germany Segment, 2021 – 2029
Figure 79: Europe Potassium Formate Market Absolute $ Opportunity by U.K. Segment, 2021 – 2029
Figure 80: Europe Potassium Formate Market Absolute $ Opportunity by France Segment, 2021 – 2029
Figure 81: Europe Potassium Formate Market Absolute $ Opportunity by Italy Segment, 2021 – 2029
Figure 82: Europe Potassium Formate Market Absolute $ Opportunity by Spain Segment, 2021 – 2029
Figure 83: Europe Potassium Formate Market Absolute $ Opportunity by BENELUX Segment, 2021 – 2029
Figure 84: Europe Potassium Formate Market Absolute $ Opportunity by Russia Segment, 2021 – 2029
Figure 85: Rest of Europe Potassium Formate Market Absolute $ Opportunity by Italy Segment, 2021 – 2029
Figure 86: Europe Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 87: Europe Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 88: Europe Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 89: Europe Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 90: Europe Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 91: Europe Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 92: Europe Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 93: Europe Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 94: Europe Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 95: Europe Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 96: Europe Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 97: Europe Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 98: South Asia Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 99: South Asia Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 100: South Asia Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 101: South Asia Potassium Formate Market Absolute $ Opportunity by India Segment, 2021 – 2029
Figure 102: South Asia Potassium Formate Market Absolute $ Opportunity by Indonesia Segment, 2021 – 2029
Figure 103: South Asia Potassium Formate Market Absolute $ Opportunity by Malaysia Segment, 2021 – 2029
Figure 104: South Asia Potassium Formate Market Absolute $ Opportunity by Thailand Segment, 2021 – 2029
Figure 105: South Asia Potassium Formate Market Absolute $ Opportunity by Rest of SA Segment, 2021 – 2029
Figure 106: South Asia Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 107: South Asia Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 108: South Asia Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 110: South Asia Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 111: South Asia Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 112: South Asia Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 113: South Asia Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 114: South Asia Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 115: South Asia Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 116: South Asia Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 117: South Asia Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 118: South Asia Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 119: East Asia Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 120: East Asia Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 121: East Asia Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 122: East Asia Potassium Formate Market Absolute $ Opportunity by China Segment, 2021 – 2029
Figure 123: East Asia Potassium Formate Market Absolute $ Opportunity by Japan Segment, 2021 – 2029
Figure 124: South Asia Potassium Formate Market Absolute $ Opportunity by South Korea Segment, 2021 – 2029
Figure 125: East Asia Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 126: East Asia Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 127: East Asia Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 128: East Asia Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 129: East Asia Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 13: Global Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 130: East Asia Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 131: East Asia Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 132: East Asia Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 133: East Asia Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 134: East Asia Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 135: East Asia Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 136: East Asia Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 137: Oceania Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 138: Oceania Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 139: Oceania Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 14: Global Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 140: Oceania Potassium Formate Market Absolute $ Opportunity by Australia Segment, 2021 – 2029
Figure 141: Oceania Potassium Formate Market Absolute $ Opportunity by New Zealand Segment, 2021 – 2029
Figure 142: Oceania Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 143: Oceania Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 144: Oceania Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 145: Oceania Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 146: Oceania Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 147: Oceania Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 148: Oceania Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 149: Oceania Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 15: Global Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 150: Oceania Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 151: Oceania Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 152: Oceania Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 153: Oceania Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 154: Middle East & Africa Potassium Formate Market Share and BPS Analysis By Country, 2022 & 2029
Figure 155: Middle East & Africa Potassium Formate Market Y-o-Y Growth Projections by Country, 2022 & 2029
Figure 156: Middle East & Africa Potassium Formate Market Attractiveness Analysis Projections by Country, 2022 & 2029
Figure 157: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by GCC Countries Segment, 2021 – 2029
Figure 158: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Turkey Segment, 2021 – 2029
Figure 159: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Northern Africa Segment, 2021 – 2029
Figure 16: Global Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 160: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by South Africa Segment, 2021 – 2029
Figure 161: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Rest of MEA Segment, 2021 – 2029
Figure 162: Middle East & Africa Potassium Formate Market Share and BPS Analysis by Form, 2022 & 2029
Figure 163: Middle East & Africa Potassium Formate Market Y-o-Y Growth Projections by Form, 2022 & 2029
Figure 164: Middle East & Africa Potassium Formate Market Attractiveness Analysis Projections by Form, 2022 & 2029
Figure 165: Middle East & Africa Opportunity by Brine (Liquid) Segment, 2021 – 2029
Figure 166: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 167: Middle East & Africa Potassium Formate Market Share and BPS Analysis By Application, 2022 & 2029
Figure 168: Middle East & Africa Potassium Formate Market Y-o-Y Growth Projections By Application, 2022 & 2029
Figure 169: Middle East & Africa Potassium Formate Market Attractiveness Analysis Projections By Application, 2022 & 2029
Figure 17: Global Potassium Formate Market Absolute $ Opportunity by Powder (Solid) Segment, 2021 – 2029
Figure 170: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Drilling Fluid Segment, 2021 – 2029
Figure 171: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by De-icing Segment, 2021 – 2029
Figure 172: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Heat Transfer Fluid Segment, 2021 – 2029
Figure 173: Middle East & Africa Potassium Formate Market Absolute $ Opportunity by Others(fertilizer, feed) Segment, 2021 – 2029
Figure 174: Emerging Markets Potassium Formate Market Share by Country, 2021
Figure 175: Global Potassium Formate Market Share by Region, 2021
Figure 176: Global & Emerging Countries Potassium Formate Market Y-o-Y Growth Projections, 2022 & 2029
Figure 177: Global & Emerging Countries Potassium Formate Market Share and BPS Analysis – 2022 & 2029
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