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.
According to DIResearch's in-depth investigation and research, the global Potassium Formate market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
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 North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, 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 Trends
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 (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Potassium Formate Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Potassium Formate Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Potassium Formate Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
- 1 Potassium Formate Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Potassium Formate Product by Type
- 1.2.1 Solid Potassium Formate
- 1.2.2 Liquid Potassium Formate
- 1.3 Potassium Formate Product by Application
- 1.3.1 Oil Field
- 1.3.2 Deicing Agent
- 1.3.3 Others
- 1.4 Global Potassium Formate Market Revenue and Sales Analysis
- 1.4.1 Global Potassium Formate Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Potassium Formate Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Potassium Formate Market Sales Price Trend Analysis (2020-2032)
- 1.5 Potassium Formate Industry Trends and Innovation
- 1.5.1 Potassium Formate Industry Trends and Innovation
- 1.5.2 Potassium Formate Market Drivers and Challenges
- 2 Global Potassium Formate Capacity and Production Analysis
- 2.1 Global Potassium Formate Capacity, Production and Utilization (2020-2032)
- 2.2 Global Potassium Formate Production Growth Trend by Region: 2024 VS 2025 VS 2030
- 2.3 Global Potassium Formate Production by Region
- 2.3.1 Global Potassium Formate Production by Region (2020-2025)
- 2.3.2 Global Potassium Formate Production Forecast by Region (2026-2032)
- 2.3.3 Global Potassium Formate Production Market Share by Region (2020-2032)
- 3 Potassium Formate Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Potassium Formate Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Potassium Formate Market Analysis by Regions
- 5.1 Potassium Formate Overall Market: 2024 VS 2025 VS 2032
- 5.2 Global Potassium Formate Revenue and Forecast Analysis (2020-2032)
- 5.2.1 Global Potassium Formate Revenue and Market Share by Region (2020-2025)
- 5.2.2 Global Potassium Formate Revenue and Market Forecast by Region (2026-2032)
- 5.3 Global Potassium Formate Sales and Forecast Analysis (2020-2032)
- 5.3.1 Global Potassium Formate Sales and Market Share by Region (2020-2025)
- 5.3.2 Global Potassium Formate Sales and Market Forecast by Region (2026-2032)
- 5.4 Global Potassium Formate Sales Price Trend Analysis (2020-2032)
- 6 Global Potassium Formate Market Size by Type and Application
- 6.1 Global Potassium Formate Market Size by Type
- 6.1.1 Global Potassium Formate Revenue and Forecast Analysis by Type (2020-2032)
- 6.1.2 Global Potassium Formate Sales and Forecast Analysis by Type (2020-2032)
- 6.2 Global Potassium Formate Market Size by Application
- 6.2.1 Global Potassium Formate Revenue and Forecast Analysis by Application (2020-2032)
- 6.2.2 Global Potassium Formate Sales and Forecast Analysis by Application (2020-2032)
- 7 North America
- 7.1 North America Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America Potassium Formate Market Size by Type
- 7.3.1 North America Potassium Formate Sales by Type (2020-2032)
- 7.3.2 North America Potassium Formate Revenue by Type (2020-2032)
- 7.4 North America Potassium Formate Market Size by Application
- 7.4.1 North America Potassium Formate Sales by Application (2020-2032)
- 7.4.2 North America Potassium Formate Revenue by Application (2020-2032)
- 7.5 North America Potassium Formate Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe Potassium Formate Market Size by Type
- 8.3.1 Europe Potassium Formate Sales by Type (2020-2032)
- 8.3.2 Europe Potassium Formate Revenue by Type (2020-2032)
- 8.4 Europe Potassium Formate Market Size by Application
- 8.4.1 Europe Potassium Formate Sales by Application (2020-2032)
- 8.4.2 Europe Potassium Formate Revenue by Application (2020-2032)
- 8.5 Europe Potassium Formate Market Size by Country
- 8.5.1 Germany
- 8.5.2 France
- 8.5.3 United Kingdom
- 8.5.4 Italy
- 8.5.5 Spain
- 8.5.6 Benelux
- 9 China
- 9.1 China Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 9.2 China Key Manufacturers Analysis
- 9.3 China Potassium Formate Market Size by Type
- 9.3.1 China Potassium Formate Sales by Type (2020-2032)
- 9.3.2 China Potassium Formate Revenue by Type (2020-2032)
- 9.4 China Potassium Formate Market Size by Application
- 9.4.1 China Potassium Formate Sales by Application (2020-2032)
- 9.4.2 China Potassium Formate Revenue by Application (2020-2032)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) Potassium Formate Market Size by Type
- 10.3.1 APAC (excl. China) Potassium Formate Sales by Type (2020-2032)
- 10.3.2 APAC (excl. China) Potassium Formate Revenue by Type (2020-2032)
- 10.4 APAC (excl. China) Potassium Formate Market Size by Application
- 10.4.1 APAC (excl. China) Potassium Formate Sales by Application (2020-2032)
- 10.4.2 APAC (excl. China) Potassium Formate Revenue by Application (2020-2032)
- 10.5 APAC (excl. China) Potassium Formate Market Size by Country
- 10.5.1 Japan
- 10.5.2 South Korea
- 10.5.3 India
- 10.5.4 Australia
- 10.5.5 Southeast Asia
- 11 Latin America
- 11.1 Latin America Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Latin America Key Manufacturers Analysis
- 1`.3 Latin America Potassium Formate Market Size by Type
- 11.3.1 Latin America Potassium Formate Sales by Type (2020-2032)
- 11.3.2 Latin America Potassium Formate Revenue by Type (2020-2032)
- 11.4 Latin America Potassium Formate Market Size by Application
- 11.4.1 Latin America Potassium Formate Sales by Application (2020-2032)
- 11.4.2 Latin America Potassium Formate Revenue by Application (2020-2032)
- 11.5 Latin America Potassium Formate Market Size by Country
- 11.6 Latin America Potassium Formate Market Size by Country
- 11.6.1 Mexico
- 11.6.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa Potassium Formate Market Size and Growth Rate Analysis (2020-2032)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa Potassium Formate Market Size by Type
- 12.3.1 Middle East & Africa Potassium Formate Sales by Type (2020-2032)
- 12.3.2 Middle East & Africa Potassium Formate Revenue by Type (2020-2032)
- 12.4 Middle East & Africa Potassium Formate Market Size by Application
- 12.4.1 Middle East & Africa Potassium Formate Sales by Application (2020-2032)
- 12.4.2 Middle East & Africa Potassium Formate Revenue by Application (2020-2032)
- 12.5 Middle East Potassium Formate Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global Potassium Formate Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 13.1.1 Global Potassium Formate Market Sales by Key Manufacturers (2021-2025)
- 13.1.2 Global Potassium Formate Market Revenue by Key Manufacturers (2021-2025)
- 13.1.3 Global Potassium Formate Average Sales Price by Manufacturers (2021-2025)
- 13.2 Potassium Formate Competitive Landscape Analysis and Market Dynamic
- 13.2.1 Potassium Formate Competitive Landscape Analysis
- 13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 13.2.3 Market Dynamic
- 14 Key Companies Analysis
- 14.1 Perstorp
- 14.1.1 Perstorp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 Perstorp Potassium Formate Product Portfolio
- 14.1.3 Perstorp Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.2 OXEA Corporation
- 14.2.1 OXEA Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 OXEA Corporation Potassium Formate Product Portfolio
- 14.2.3 OXEA Corporation Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.3 ADDCON
- 14.3.1 ADDCON Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 ADDCON Potassium Formate Product Portfolio
- 14.3.3 ADDCON Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.4 BASF
- 14.4.1 BASF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 BASF Potassium Formate Product Portfolio
- 14.4.3 BASF Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.5 SLB
- 14.5.1 SLB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 SLB Potassium Formate Product Portfolio
- 14.5.3 SLB Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.6 Kemira
- 14.6.1 Kemira Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Kemira Potassium Formate Product Portfolio
- 14.6.3 Kemira Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.7 Esseco
- 14.7.1 Esseco Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.7.2 Esseco Potassium Formate Product Portfolio
- 14.7.3 Esseco Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.8 Hawkins
- 14.8.1 Hawkins Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.8.2 Hawkins Potassium Formate Product Portfolio
- 14.8.3 Hawkins Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.9 Shouguang Hengtong Chemical
- 14.9.1 Shouguang Hengtong Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.9.2 Shouguang Hengtong Chemical Potassium Formate Product Portfolio
- 14.9.3 Shouguang Hengtong Chemical Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.10 Chongqing Chuandong Chemical
- 14.10.1 Chongqing Chuandong Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.10.2 Chongqing Chuandong Chemical Potassium Formate Product Portfolio
- 14.10.3 Chongqing Chuandong Chemical Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.11 Shuntong Group
- 14.11.1 Shuntong Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.11.2 Shuntong Group Potassium Formate Product Portfolio
- 14.11.3 Shuntong Group Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.12 Mianyang Aostar Phosphorus Chemical
- 14.12.1 Mianyang Aostar Phosphorus Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.12.2 Mianyang Aostar Phosphorus Chemical Potassium Formate Product Portfolio
- 14.12.3 Mianyang Aostar Phosphorus Chemical Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.13 Shanxi Zhaoyi Chemical
- 14.13.1 Shanxi Zhaoyi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.13.2 Shanxi Zhaoyi Chemical Potassium Formate Product Portfolio
- 14.13.3 Shanxi Zhaoyi Chemical Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.14 Hebei Huayun Hongye Chemcal
- 14.14.1 Hebei Huayun Hongye Chemcal Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.14.2 Hebei Huayun Hongye Chemcal Potassium Formate Product Portfolio
- 14.14.3 Hebei Huayun Hongye Chemcal Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.15 Hangzhou Focus Chemical
- 14.15.1 Hangzhou Focus Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.15.2 Hangzhou Focus Chemical Potassium Formate Product Portfolio
- 14.15.3 Hangzhou Focus Chemical Potassium Formate Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 15 Industry Chain Analysis
- 15.1 Potassium Formate Industry Chain Analysis
- 15.2 Potassium Formate Industry Raw Material and Suppliers Analysis
- 15.2.1 Potassium Formate Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 Potassium Formate Typical Downstream Customers
- 15.4 Potassium Formate Sales Channel Analysis
- 16 Research Findings and Conclusion
- 17 Methodology and Data Source
- 17.1 Methodology/Research Approach
- 17.2 Research Scope
- 17.3 Benchmarks and Assumptions
- 17.4 Date Source
- 17.4.1 Primary Sources
- 17.4.2 Secondary Sources
- 17.5 Data Cross Validation
- 17.6 Disclaimer
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