Global Potassium Formate Market Analysis.docx

1. Title : Potassium Formate Business value: Wide Application Area to Propel Demand By 2027 Description : Global Potassium Formate Market: Information by Form (Liquid [Brine] and Powder), Application (Oilfield, De-icing and Anti-Icing Agents, Refrigerants & Industrial and Others) and Region (North America, Asia-Pacific, Europe, Latin America and Middle East & Africa) - Forecast till 2025 Keywords : Potassium Formate, Potassium Formate Market, Global Potassium Formate Market, Potassium Formate Industry, Potassium Formate Business, Potassium Formate Market Growth, Potassium Formate Market Share, Potassium Formate Market Size, Potassium Formate Market Trends, Potassium Formate Market Demand, Potassium Formate Market Analysis, Potassium Formate Market Report, Potassium Formate Market Outlook, Potassium Formate Market Demand global potassium formate market value Analysis The Global Potassium Formate Market was valued at over USD 500 million in 2018 and is expected to exhibit a CAGR of over 4% during the review period. The global demand for potassium formate is majorly driven by the increasing demand for efficient oil drilling and completion fluids in the oil & gas industry. The high demand for energy across the globe and increasing shale gas exploration are likely to fuel the demand for potassium formate and propel the global market growth in the years to follow. By form, the global potassium formate market value has been segmented into liquid (brine) and powder. The liquid (brine) segment accounted for the largest share of the market and is projected to be the leading segment during the forecast period. High density with solid-free formulation, monovalent ions in solution, compatibility with most metals and elastomer, good compatibility with reservoir minerals and formation fluids, resistance to scale formation, high thermal and specific heat capacity are some of the key characteristics of the product, owing to which it is widely used as drilling fluid, refrigerant, and de-icing agent. The potassium formate powder is mainly used as a reducing agent in the printing & dyeing industry, as a coagulator in the production of cement, and the manufacturing of carbon black. Top Key Players The prominent players in the global potassium formate market value are Eastman Chemical Company (US), ADDCON GmbH (Germany), Evonik Industries AG (Germany), Clariant (Switzerland), Nachurs Alpine Solutions (US), Hawkins, Inc (US), Shouguang Hengtong Chemical Co., Ltd (China), TETRA Technologies, Inc (US), Proviron (Belgium), American Elements (US), and Hangzhou Focus Chemical Co., Ltd (China). Access Full Report Details and Order this Premium Report : https://www.marketresearchfuture.com/reports/potassium-formate-market-8176

2. Regional Analysis Some of the key players operating in the Global Potassium Formate Market value are Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Read more details at: https://www.marketresearchfuture.com/infographics Read more details at: https://www.marketresearchfuture.com/videos NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details. Get a Sample Report Now : https://www.marketresearchfuture.com/sample_request/8176 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com