The global potassium formate industry share is anticipated to attain a valuation of USD 746.13 million in 2023 and is projected to accumulate over USD 1190 million by 2033, exhibiting a CAGR of 4.7% during the forecast period. The surging demand for safe and eco-friendly heat transfer fluids is propelling potassium formate’s significance in the growing refrigeration industry, leading to substantial …
Tag Archives: Potassium Formate
Potassium Formate Market Set to Reach USD 1190 million by 2033, Driven by Eco-Friendly Innovations and Oil & Gas Applications
The global potassium formate industry is anticipated to attain a valuation of USD 746.13 million in 2023 and is projected to accumulate over USD 1190 million by 2033, exhibiting a CAGR of 4.7% during the forecast period. The surging demand for safe and eco-friendly heat transfer fluids is propelling potassium formate’s significance in the growing refrigeration industry, leading to substantial market …
Potassium Formate Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029
Future Market Insights’ new market research report opines that global potassium formate market is likely to witness significant growth during 2019 to 2029 on back of growing applications in drilling fluids, de-icing, and heating fluids. Valued at nearly US$ 513 Mn in 2018, global revenues are likely to grow at a CAGR of 4.1%, during the forecast …