Global Potassium Formate Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch's in-depth investigation and research, the global Potassium Formate market size will reach Million USD in 2025 and is projected to reach Million USD by 2032, with a CAGR of % (2025-2032). Notably, the China Potassium Formate market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

Potassium formate is a salt derived from formic acid (HCOOH) and potassium hydroxide (KOH), with the chemical formula CHKO2. It exists as a white, crystalline powder or as a colorless liquid. This compound has diverse applications, including its use as a de-icing agent for runways and roads, where it effectively lowers the freezing point of water. Potassium formate is also employed in the oil and gas industry as a drilling fluid additive, aiding in shale inhibition and reducing formation damage. In addition, it serves as a reducing agent in certain chemical processes and as a corrosion inhibitor in industrial applications. The versatility of potassium formate makes it valuable in various sectors, from transportation infrastructure to chemical manufacturing.

The major global  manufacturers of Potassium Formate include Perstorp, OXEA Corporation, ADDCON, BASF, SLB, Kemira, Esseco, Hawkins, Shouguang Hengtong Chemical, Chongqing Chuandong Chemical, Shuntong Group, Mianyang Aostar Phosphorus Chemical, Shanxi Zhaoyi Chemical, Hebei Huayun Hongye Chemcal, Hangzhou Focus Chemical, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Potassium Formate. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Potassium Formate market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Potassium Formate market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Potassium Formate industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Potassium Formate Include:

Perstorp

OXEA Corporation

ADDCON

BASF

SLB

Kemira

Esseco

Hawkins

Shouguang Hengtong Chemical

Chongqing Chuandong Chemical

Shuntong Group

Mianyang Aostar Phosphorus Chemical

Shanxi Zhaoyi Chemical

Hebei Huayun Hongye Chemcal

Hangzhou Focus Chemical

Potassium Formate Product Segment Include:

Solid Potassium Formate

Liquid Potassium Formate

Potassium Formate Product Application Include:

Oil Field

Deicing Agent

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Potassium Formate Capacity and Production Analysis

Chapter 3: Global Potassium Formate Industry PESTEL Analysis

Chapter 4: Global Potassium Formate Industry Porter's Five Forces Analysis

Chapter 5: Global Potassium Formate Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Potassium Formate Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Potassium Formate Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Potassium Formate Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources