Formic Acid Market: Industry Trends, Applications, and Forecast to 2030
The formic acid is expected to reach USD 3.85 Billion by 2030, at a CAGR of 4.6% during the forecast period 2022 to 2030. Formic acid is a strong antibacterial agent with preservative properties, driving its demand across various industries. It is biodegradable, stable under optimal conditions, and effective in removing mineral deposits like calcium and […]
Formic Acid Market: Key Trends Shaping 2025 and Beyond
The formic acid market pertains to the worldwide trade and manufacturing of formic acid, a colorless, strong-smelling liquid represented by the chemical formula HCOOH. It is mainly utilized in different industrial uses, such as leather tanning, dyeing textiles, and functioning as a preservative and antibacterial substance in animal feed. The market covers various activities, including […]