Potassium Formate Market by Form (Liquid/Brine, Powder). Application (Deicing Agent, Drilling & Completion Fluids, Fertilizer Additives, Heat Transfer Fluids, Preservatives), End-Use Industry - Global Forecast to 2030
포름산 칼륨 시장 규모는 2024년에 7억 7,000만 달러에 달했습니다.
이 시장은 2024-2030년에 6.0%의 CAGR로 확대하며, 2030년에는 10억 7,000만 달러에 달할 것으로 예측됩니다. 높은 용해도, 환경 친화적인 특성, 비부식성 화합물 등의 특성 때문입니다. 액체 및 염수 형태의 포름산칼륨이 우위를 차지하는 주요 요인 중 하나는 석유 및 가스 산업, 특히 고압 고온(HPHT) 우물 및 해양 시추에서 저부식성 및 고밀도 시추 및 보완 유체로 널리 사용되고 있다는 것입니다. 북미, 노르웨이, 러시아의 주요 에너지 기업은 환경 규제 강화와 효율적인 유정 안정화 솔루션의 필요성에 따라 포름산칼륨 염수를 채택하고 있습니다. 전 세계에서 지속가능한 제빙 제품으로의 전환은 주로 유럽과 북미에서 액체 포름산칼륨 기반 제빙제의 사용을 촉진하고 있으며, 지방 자치 단체와 정부는 염화물 기반 제빙제를 폐지하고 있습니다.
| 조사 범위 |
| 조사 대상연도 |
2021-2030년 |
| 기준연도 |
2023년 |
| 예측 기간 |
2024-2030년 |
| 검토 단위 |
금액(100만 달러), KG |
| 부문별 |
형태별, 용도별, 최종 용도 산업별, 지역별 |
| 대상 지역 |
유럽, 북미, 아시아태평양, 중동 및 아프리카, 남미 |
포름산 칼륨 시장에서 비료 첨가제 용도는 세 번째 시장 점유율을 차지할 것으로 예상됩니다. 농업에서 저염화물 비료의 대체품 사용이 증가하고 있으며, 염화칼륨(KCl)과 같은 전통적인 칼륨 기반 비료가 토양의 염류화와 장기적인 토양 악화를 유발하므로 농가와 규제기관은 포름산칼륨과 같은 저염화물 대체품으로의 전환을 추진하고 있습니다. 유럽연합(EU)의 Farm to Fork 전략과 북미 및 아시아태평양의 엄격한 비료 규제는 친환경 토양 개량제에 대한 수요를 증가시키고 있습니다. 포름산칼륨은 토양을 압축하거나 염분 축적을 유발하지 않고 칼륨 영양을 공급하므로 과일, 채소, 고품질 곡물과 같은 섬세한 작물에 적합합니다. 또한 용해도가 높아 액체비료나 엽면살포제에 쉽게 배합할 수 있으며, 영양분 흡수와 수확량을 높일 수 있습니다. 전 세계에서 유기농 및 지속가능한 농업에 대한 관심이 높아지면서 포름산칼륨은 방출 조절 비료 및 정밀농업의 선택이 되고 있습니다.
2024-2029년까지의 예측 기간 중 농업 최종 용도 산업은 포름산칼륨 시장의 최종 용도 산업에서 세 번째로 높은 시장 점유율을 차지할 것으로 예상됩니다. 농업 최종 용도 산업에서 포름산칼륨에 대한 수요가 증가하는 이유는 염화칼륨(KCl)과 같은 기존 칼륨 비료와 달리 포름산칼륨은 염분 농도를 증가시키지 않고 중요한 칼륨 영양을 제공하므로 채소, 과일, 콩과 식물, 곡물과 같은 채소, 과일, 콩, 곡물과 같은 섬세한 원예작물에 적합하기 때문입니다. 전 세계에서 지속가능한 농업이 강조되는 가운데, '농장에서 식탁까지(Farm to Fork) 전략'에 기반한 유럽연합(EU)과 미국 농무부(USDA)와 같은 조직들이 지속가능한 농업에 힘쓰고 있습니다. 미국 농무부(USDA)는 유기농 비료 사용을 장려하고 있으며, 이 또한 수요를 자극하고 있습니다.
아시아태평양은 석유 및 가스, 농업, 식품 및 음료와 같은 최종 사용 산업에서 포름산칼륨에 대한 수요가 활발하게 일어나면서 포름산칼륨 시장이 가장 빠르게 성장하고 있습니다. 이 지역은 IFFCO(Indian Farmers Fertiliser Cooperative Limited), Sinofert Holdings Limited, UPL Limited와 같은 대형 농산품 제조업체가 독점하고 있으며, 다양한 용도로 포름산칼륨을 종합적으로 사용하고 있습니다. 사용하고 있습니다. 아시아태평양에는 세계에서 가장 인구가 많은 인도, 중국 등 주요 국가가 있으며, 농업 수요가 증가하는 추세입니다. 둘째, 아시아태평양에는 Hangzhou Focus Chemical, Krishna Chemicals 등 다양한 포름산 칼륨 제조업체가 있습니다.
세계의 포름산 칼륨 시장에 대해 조사했으며, 형태별, 용도별, 최종 용도 산업별, 지역별 동향 및 시장에 참여하는 기업의 개요 등을 정리하여 전해드립니다.
목차
제1장 서론
제2장 조사 방법
제3장 개요
제4장 주요 인사이트
제5장 시장 개요
- 서론
- 시장 역학
- Porter's Five Forces 분석
- 주요 이해관계자와 구입 기준
- 거시경제 지표
- AI/생성형 AI가 포름산 칼륨 시장에 미치는 영향
- 밸류체인 분석
- 에코시스템 분석
- 사례 연구 분석
- 규제 상황
- 기술 분석
- 고객 비즈니스에 영향을 미치는 동향/혼란
- 무역 분석
- 2025-2026년의 주요 컨퍼런스와 이벤트
- 가격 분석
- 투자와 자금조달 시나리오
- 특허 분석
제6장 포름산 칼륨 시장, 형태별
제7장 포름산 칼륨 시장, 용도별
- 서론
- 제빙제
- 굴착 및 완성액
- 비료 첨가제
- 열전달 유체
- 방부제
- 기타
제8장 포름산 칼륨 시장, 최종 용도 산업
- 서론
- 건설
- 석유 및 가스
- 농업
- 산업
- 식품 및 음료
- 기타
제9장 포름산 칼륨 시장, 지역별
- 서론
- 북미
- 유럽
- 아시아태평양
- 중동 및 아프리카
- 남미
제10장 경쟁 구도
- 개요
- 주요 참여 기업의 전략/강점
- 매출 분석
- 시장 점유율 분석
- 기업 평가와 재무 지표
- 브랜드/제품 비교 분석
- 기업 평가 매트릭스 : 주요 참여 기업, 2023년
- 기업 평가 매트릭스 : 스타트업/중소기업, 2023년
- 경쟁 시나리오
제11장 기업 개요
- 주요 참여 기업
- PERSTORP HOLDING AB(PETRONAS CHEMICALS GROUP)
- CLARIANT
- EASTMAN CHEMICAL COMPANY
- TETRA TECHNOLOGIES, INC.
- ADDCON GMBH
- SLB(SCHLUMBERGER)
- HAWKINS
- HANGZHOU FOCUS CHEMICAL CO., LTD.
- ESSECO UK
- DYNALENE, INC.
- 기타 기업
- XINJIANG GUOLIN NEW MATERIALS CO., LTD
- ATAMAN KIMYA
- AMERICAN ELEMENTS
- NACHURS ALPINE SOLUTIONS
- SHOUGUANG HENGTONG CHEMICAL CO., LTD.
- GLOBAL DRILLING FLUIDS & CHEMICALS LIMITED
- CHONGQING CHUANDONG CHEMICAL(GROUP) CO., LTD.
- SHANDONG ACID TECHNOLOGY CO., LTD.
- PROVIRON
- TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD.
- DONGYING SHUNTONG CHEMICAL(GROUP) CO., LTD.
- WEST BENGAL CHEMICAL INDUSTRIES LIMITED
- PROCHEM, INC.
- GEOCON PRODUCTS
- KRISHNA CHEMICALS
제12장 부록
KSA
The potassium formate market is estimated at USD 0.77 billion in 2024 and is projected to reach USD 1.07 billion by 2030, at a CAGR of 6.0% from 2024 to 2030. Due to its properties such as high solubility, environmentally friendly nature, and non corrosive chemical compound. One of the key drivers for liquid/brine form potassium formate dominance is its extensive use in the oil & gas industry as a low-corrosive, high-density drilling and completion fluid, particularly in high-pressure, high-temperature (HPHT) wells and offshore drilling. Leading energy players in North America, Norway, and Russia are adopting potassium formate brines due to increasing environmental regulations and the need for efficient wellbore stability solutions. The worldwide move to sustainable deicing products has driven the use of liquid potassium formate-based deicers, predominantly in Europe and North America, where municipalities and governments are phasing out chloride-based deicers.
| Scope of the Report |
|---|
| Years Considered for the Study | 2021-2030 |
| Base Year | 2023 |
| Forecast Period | 2024-2030 |
| Units Considered | Value (USD Million), Volume (KG) |
| Segments | By Form, By Application, By End-Use Industry, and By Region |
| Regions covered | Europe, North America, Asia Pacific, Middle East & Africa, and South America |
''In terms of value, fertilizer additives application accounted for the third largest share of the overall potassium formate market.''
Fertilizer additives application is projected to be the third largest market share holding application in the potassium formate market. The growing use as a alternative of low-chloride fertilizer in agriculture and historical potassium-based fertilizers, e.g., potassium chloride (KCl), cause soil salinization and long-term degradation, driving farmers and regulatory agencies toward low-salinity substitutes like potassium formate. The European Union Farm to Fork Strategy, together with stringent fertilizer regulations in North America and Asia Pacific region has driven the demand for environmentally friendly soil amendments. Potassium formate offers potassium nutrition without causing soil compaction and salt accumulation, thus being best suited for delicate crops like fruit, vegetables, and high-quality cereals. Its solubility is also high, which makes it easy to incorporate in liquid fertilizers and foliar sprays that enhance nutrient uptake and yields. As the world continues to develop interest in organic farming and sustainable agriculture, potassium formate is increasingly becoming the go-to option for controlled-release fertilizers and precision agriculture.
"During the forecast period, the potassium formate market in agriculture end use industry is projected to have third highest market share."
During the forecast period from 2024 to 2029, the agriculture end use industry is expected to have the third highest market share in end-use industry in the potassium formate market. The demand for potassium formate is rising in agriculture end use industry because unlike the conventional potassium fertilizers like potassium chloride (KCl) that cause soil salinity and nutrient leaching, potassium formate offers crucial potassium nutrition without building up salt levels, making it a suitable choice for sensitive horticultural crops like vegetables, fruits, pulses, and cereals. With the worldwide emphasis on sustainable agriculture, organizations like the European Union (EU) under the Farm to Fork Strategy and the United States. Department of Agriculture (USDA) are promoting the use of organic fertilizers, again stimulating demand.
"During the forecast period, the potassium formate market in Asia Pacific region is projected to be the third fastest growing region."
Asia Pacific is the fastest growing market for potassium formate because of its strong demand from oil & gas, agriculture & food & beverage end use industries, which is a driving factor for potassium formate. The region is dominated by large agricultural product manufacturers, IFFCO (Indian Farmers Fertiliser Cooperative Limited), Sinofert Holdings Limited, UPL Limited, which have comprehensive use of potassium formate in various applications. Asia Pacific region has major countries such as India, China which has highest population in the world, and which will tend to increase the demand for agricultural needs. Second, Asia Pacific region is home to various potassium formate manufacturers such as Hangzhou Focus Chemical Co., Ltd., Krishna Chemicals, and others.
This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 60%, Tier 2- 20%, and Tier 3- 20%
- By Designation- C Level- 33%, Director Level- 33%, and Managers- 34%
- By Region- North America- 20%, Europe- 25%, Asia Pacific- 25%, Middle East & Africa- 15%, and Latin America- 15%
The report provides a comprehensive analysis of company profiles:
Prominent companies Perstorp Holding AB (Sweden), Clariant (Switzerland), Thermo Fisher Scientific Inc (US), Eastman Chemical Company (US), Tetra Technologies Inc (US), ADDCON GmbH (Germany), Dynalene, Inc (US), Hawkins (US), American Elements (US), Hangzhou Focus Chemical Co., Ltd. (China), Xinjiang Guolin New Materials Co., Ltd (China), Esseco UK (UK), Nachurs Alpine Solutions (US), SLB (US), Shouguang Hengtong Chemical Co., Ltd., (China), Global Drilling Fluids And Chemicals Limited (India), Chongqing Chuandong Chemical (Group) Co., Ltd. (China), Shandong Acid Technology Co., Ltd (China), Proviron (Belgium), Tomiyama Pure Chemical Industries, Ltd. (Japan), Dongying Shuntong Chemical (Group) Co., Ltd. (China), West Bengal Chemical Industries Limited (India), ProChem, Inc. (US), Geocon Products (India), Krishna Chemicals (India).
Research Coverage
This research report categorizes the potassium formate market By Form (Liquid/Brine, Powder), By Application (Deicing Agent, Drilling & Completion Fluid, Heat Transfer Fluids, Fertilizer Additives, Preservatives, and Other Applications), End-Use Industry (Construction, Oil & Gas, Agriculture, Industrial, Food & Beverage, and Other End-use Industries), Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the potassium formate market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. Product launches, mergers and acquisitions, and recent developments in the potassium formate market are all covered. This report includes a competitive analysis of upcoming startups in the potassium formate market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall potassium formate market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing demand for potassium formate in oil & gas end use industry, rising adoption in deicing application), restraints (High production cost, volatile raw material prices, competition from substitute products), opportunities (Agriculture sector growth, technological advancement in the potassium formate market), and challenges (limited awareness in emerging economies) influencing the growth of the potassium formate market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and service launches in the potassium formate market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the potassium formate market across varied regions.
- Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the potassium formate market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Perstorp Holding AB (Sweden), Clariant (Switzerland), Thermo Fisher Scientific Inc (US), Eastman Chemical Company (US), Tetra Technologies Inc (US), ADDCON GmbH (Germany), Dynalene, Inc (US), Hawkins (US), American Elements (US), Hangzhou Focus Chemical Co., Ltd. (China), Xinjiang Guolin New Materials Co., Ltd (China), Esseco UK (UK), Nachurs Alpine Solutions (US), SLB (US), Shouguang Hengtong Chemical Co., Ltd., (China), Global Drilling Fluids And Chemicals Limited (India), Chongqing Chuandong Chemical (Group) Co., Ltd. (China), Shandong Acid Technology Co., Ltd (China), Proviron (Belgium), Tomiyama Pure Chemical Industries, Ltd. (Japan), Dongying Shuntong Chemical (Group) Co., Ltd. (China), West Bengal Chemical Industries Limited (India), ProChem, Inc. (US), Geocon Products (India), Krishna Chemicals (India), among others in the potassium formate market.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 UNIT CONSIDERED
- 1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 List of major secondary sources
- 2.1.1.2 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key data from primary sources
- 2.1.2.2 Key industry insights
- 2.1.2.3 Breakdown of primary interviews
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS
- 2.5 GROWTH RATE ASSUMPTIONS/FORECAST
- 2.5.1 SUPPLY SIDE
- 2.5.2 DEMAND SIDE
- 2.6 RISK ASSESSMENT
- 2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN POTASSIUM FORMATE MARKET
- 4.2 POTASSIUM FORMATE MARKET, BY FORM
- 4.3 POTASSIUM FORMATE MARKET, BY APPLICATION
- 4.4 POTASSIUM FORMATE MARKET, BY END-USE INDUSTRY
- 4.5 POTASSIUM FORMATE MARKET, BY KEY COUNTRY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 High demand in oil & gas industry
- 5.2.1.2 Rising adoption for de-icing applications
- 5.2.2 RESTRAINTS
- 5.2.2.1 High production cost
- 5.2.2.2 Volatile raw material prices
- 5.2.2.3 Competition from substitutes
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Expanding agriculture industry
- 5.2.3.2 Technological advancements
- 5.2.4 CHALLENGES
- 5.2.4.1 Limited awareness in emerging economies
- 5.3 PORTER'S FIVE FORCES ANALYSIS
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 THREAT OF SUBSTITUTES
- 5.3.3 BARGAINING POWER OF BUYERS
- 5.3.4 BARGAINING POWER OF SUPPLIERS
- 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.4.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.4.2 BUYING CRITERIA
- 5.5 MACROECONOMIC INDICATORS
- 5.6 IMPACT OF AI/GEN AI ON POTASSIUM FORMATE MARKET
- 5.7 VALUE CHAIN ANALYSIS
- 5.8 ECOSYSTEM ANALYSIS
- 5.9 CASE STUDY ANALYSIS
- 5.9.1 ENSURING SEAL RESILIENCE: VISCOELASTIC EVALUATION OF ELASTOMERS IN POTASSIUM FORMATE ENVIRONMENTS
- 5.9.2 POTASSIUM FORMATE AS SUSTAINABLE INTERMEDIATE: OVERCOMING BARRIERS IN CO2 UTILIZATION FOR OXALATE PRODUCTION
- 5.9.3 ASSESSING POTASSIUM FORMATE'S IMPACT ON ALKALI-SILICA REACTION IN GRANITE AGGREGATE CONCRETE: STUDY ON DE-ICING EFFECTS AND MITIGATION
- 5.10 REGULATORY LANDSCAPE
- 5.10.1 REGULATIONS
- 5.10.1.1 Europe
- 5.10.1.2 Asia Pacific
- 5.10.1.3 North America
- 5.10.2 STANDARDS
- 5.10.2.1 ISO 9001:2015
- 5.10.2.2 ISO 14001:2015
- 5.10.2.3 ISO 45001:2018
- 5.10.3 REGULATORY BODIES, GOVERNMENT BODIES, AND OTHER AGENCIES
- 5.11 TECHNOLOGY ANALYSIS
- 5.11.1 KEY TECHNOLOGIES
- 5.11.1.1 Electrochemical CO2 reduction in potassium formate
- 5.11.1.2 Catalytic transfer hydrogenation
- 5.11.2 COMPLEMENTARY TECHNOLOGIES
- 5.11.2.1 Dynamic mechanical analysis for material compatibility
- 5.11.2.2 Hybrid cooling systems
- 5.11.3 ADJACENT TECHNOLOGIES
- 5.11.3.1 Cryo-electron microscopy for catalyst design
- 5.11.3.2 Nanozyme-assisted processing
- 5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.13 TRADE ANALYSIS
- 5.13.1 EXPORT SCENARIO (HS CODE 283421)
- 5.13.2 IMPORT SCENARIO (HS CODE 283421)
- 5.14 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.15 PRICING ANALYSIS
- 5.15.1 AVERAGE SELLING PRICE TREND, BY REGION, 2021-2030
- 5.15.2 AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY, 2022-2030
- 5.15.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY, 2024
- 5.16 INVESTMENT AND FUNDING SCENARIO
- 5.17 PATENT ANALYSIS
- 5.17.1 APPROACH
- 5.17.2 DOCUMENT TYPES
- 5.17.3 PUBLICATION TRENDS
- 5.17.4 INSIGHTS
- 5.17.5 LEGAL STATUS OF PATENTS
- 5.17.6 JURISDICTION ANALYSIS
- 5.17.7 TOP COMPANIES/APPLICANTS
- 5.17.8 TOP 10 PATENT OWNERS (US)
6 FORMATE MARKET, BY FORM
- 6.1 INTRODUCTION
- 6.2 LIQUID/BRINE
- 6.2.1 RISING PRODUCTION OF HIGHLY UNIFORM BRINES TO DRIVE DEMAND
- 6.3 POWDER
- 6.3.1 INCREASING DEMAND FOR ECO-FRIENDLY DE-ICING AGENTS, EFFICIENT DRILLING FLUIDS, AND SPECIALTY CHEMICALS TO FUEL DEMAND
7 POTASSIUM FORMATE MARKET, BY APPLICATION
- 7.1 INTRODUCTION
- 7.2 DE-ICING AGENTS
- 7.2.1 INCREASING DEMAND FOR DE-ICING APPLICATIONS DRIVEN BY UNIQUE PROPERTIES OF POTASSIUM FORMATE TO FUEL MARKET GROWTH
- 7.3 DRILLING & COMPLETION FLUIDS
- 7.3.1 RISING NEED FOR POTASSIUM FORMATE IN OIL & GAS INDUSTRY FOR DRILLING APPLICATIONS TO DRIVE MARKET
- 7.4 FERTILIZER ADDITIVES
- 7.4.1 GROWING REQUIREMENT FOR POTASSIUM FORMATE DUE TO HIGH POTASSIUM CONTENT TO DRIVE DEMAND
- 7.5 HEAT TRANSFER FLUIDS
- 7.5.1 HIGH THERMAL CONDUCTIVITY, LOW VISCOSITY, AND EXCELLENT FREEZE PROTECTION PROPERTIES TO PROPEL DEMAND
- 7.6 PRESERVATIVES
- 7.6.1 ANTIMICROBIAL PROPERTIES OF POTASSIUM FORMATE TO FUEL DEMAND
- 7.7 OTHER APPLICATIONS
8 POTASSIUM FORMATE MARKET, BY END-USE INDUSTRY
- 8.1 INTRODUCTION
- 8.2 CONSTRUCTION
- 8.2.1 RISING DEMAND FOR POTASSIUM FORMATE-BASED CONCRETE ADMIXTURES AND DE-ICING SOLUTIONS TO DRIVE MARKET
- 8.3 OIL & GAS
- 8.3.1 HIGH-DENSITY AND LOW-VISCOSITY BRINE TO DRIVE DEMAND
- 8.4 AGRICULTURE
- 8.4.1 RISING USE AS FERTILIZER ADDITIVE AND SOIL AMENDMENT TO PROPEL MARKET
- 8.5 INDUSTRIAL
- 8.5.1 VERSATILE CHEMICAL PROPERTIES, HIGH SOLUBILITY, AND ECO-FRIENDLY NATURE TO FUEL DEMAND
- 8.6 FOOD & BEVERAGE
- 8.6.1 USE OF POTASSIUM FORMATE AS PRESERVATIVE AND PH REGULATOR TO DRIVE MARKET
- 8.7 OTHER END-USE INDUSTRIES
9 POTASSIUM FORMATE MARKET, BY REGION
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.1.1 Growing oil & gas industry to drive market
- 9.2.2 CANADA
- 9.2.2.1 Increasing demand for potassium formate as de-icing agent to propel market
- 9.2.3 MEXICO
- 9.2.3.1 Increased domestic energy production to drive demand
- 9.3 EUROPE
- 9.3.1 GERMANY
- 9.3.1.1 Rising municipal and aviation de-icing requirements to drive demand
- 9.3.2 FRANCE
- 9.3.2.1 Growing use of potassium formate in various industries to boost market
- 9.3.3 SPAIN
- 9.3.3.1 Rising demand in agriculture and industrial sectors to fuel market growth
- 9.3.4 UK
- 9.3.4.1 Increasing requirements from construction industry to propel market
- 9.3.5 ITALY
- 9.3.5.1 Ongoing government-led incentives to enhance building sustainability and digitalization to boost demand
- 9.3.6 REST OF EUROPE
- 9.4 ASIA PACIFIC
- 9.4.1 CHINA
- 9.4.1.1 High requirement for potassium formate in various end-use industries to drive demand
- 9.4.2 JAPAN
- 9.4.2.1 Rising use in construction industry to drive market
- 9.4.3 INDIA
- 9.4.3.1 High investments in agriculture and oil & gas industries to drive demand
- 9.4.4 SOUTH KOREA
- 9.4.4.1 Strategic focus on agriculture and industrial sectors to drive market
- 9.4.5 REST OF ASIA PACIFIC
- 9.5 MIDDLE EAST & AFRICA
- 9.5.1 GCC COUNTRIES
- 9.5.1.1 Saudi Arabia
- 9.5.1.1.1 Growing commitment to sustainability and environmental management to fuel market growth
- 9.5.1.2 Rest of GCC countries
- 9.5.2 SOUTH AFRICA
- 9.5.2.1 Increasing use in industrial and agriculture sectors to drive market
- 9.5.3 REST OF MIDDLE EAST & AFRICA
- 9.6 SOUTH AMERICA
- 9.6.1 BRAZIL
- 9.6.1.1 Increased investments in oil & gas industry to drive market
- 9.6.2 ARGENTINA
- 9.6.2.1 Expanding oil & gas industry to propel market
- 9.6.3 REST OF SOUTH AMERICA
10 COMPETITIVE LANDSCAPE
- 10.1 OVERVIEW
- 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 10.3 REVENUE ANALYSIS
- 10.4 MARKET SHARE ANALYSIS
- 10.5 COMPANY VALUATION AND FINANCIAL METRICS
- 10.6 BRAND/PRODUCT COMPARISON ANALYSIS
- 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 10.7.1 STARS
- 10.7.2 EMERGING LEADERS
- 10.7.3 PERVASIVE PLAYERS
- 10.7.4 PARTICIPANTS
- 10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 10.7.5.1 Company footprint
- 10.7.5.2 Region footprint
- 10.7.5.3 Form footprint
- 10.7.5.4 Application footprint
- 10.7.5.5 End-use industry footprint
- 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
- 10.8.1 PROGRESSIVE COMPANIES
- 10.8.2 RESPONSIVE COMPANIES
- 10.8.3 DYNAMIC COMPANIES
- 10.8.4 STARTING BLOCKS
- 10.8.5 COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
- 10.8.5.1 Detailed list of key startups/SMEs
- 10.8.5.2 Competitive benchmarking of key startups/SMEs
- 10.9 COMPETITIVE SCENARIO
- 10.9.1 EXPANSIONS
- 10.9.2 DEALS
11 COMPANY PROFILES
- 11.1 KEY PLAYERS
- 11.1.1 PERSTORP HOLDING AB (PETRONAS CHEMICALS GROUP)
- 11.1.1.1 Business overview
- 11.1.1.2 Products/Solutions/Services offered
- 11.1.1.3 Recent developments
- 11.1.1.3.1 Deals
- 11.1.1.3.2 Others
- 11.1.1.4 MnM view
- 11.1.1.4.1 Key strengths/Right to win
- 11.1.1.4.2 Strategic choices
- 11.1.1.4.3 Weaknesses/Competitive threats
- 11.1.2 CLARIANT
- 11.1.2.1 Business overview
- 11.1.2.2 Products/Solutions/Services offered
- 11.1.2.3 Recent developments
- 11.1.2.4 MnM view
- 11.1.2.4.1 Key strengths/Right to win
- 11.1.2.4.2 Strategic choices
- 11.1.2.4.3 Weaknesses/Competitive threats
- 11.1.3 EASTMAN CHEMICAL COMPANY
- 11.1.3.1 Business overview
- 11.1.3.2 Products/Solutions/Services offered
- 11.1.3.3 Recent developments
- 11.1.3.4 MnM view
- 11.1.3.4.1 Key strengths/Right to win
- 11.1.3.4.2 Strategic choices
- 11.1.3.4.3 Weaknesses/Competitive threats
- 11.1.4 TETRA TECHNOLOGIES, INC.
- 11.1.4.1 Business overview
- 11.1.4.2 Products/Solutions/Services offered
- 11.1.4.3 MnM view
- 11.1.4.3.1 Key strengths/Right to win
- 11.1.4.3.2 Strategic choices
- 11.1.4.3.3 Weaknesses/Competitive threats
- 11.1.5 ADDCON GMBH
- 11.1.5.1 Business overview
- 11.1.5.2 Products/Solutions/Services offered
- 11.1.5.3 MnM view
- 11.1.5.3.1 Key strengths/Right to win
- 11.1.5.3.2 Strategic choices
- 11.1.5.3.3 Weaknesses/Competitive threats
- 11.1.6 SLB (SCHLUMBERGER)
- 11.1.6.1 Business overview
- 11.1.6.2 Products/Solutions/Services offered
- 11.1.6.3 MnM view
- 11.1.7 HAWKINS
- 11.1.7.1 Business overview
- 11.1.7.2 Products/Solutions/Services offered
- 11.1.7.3 Recent developments
- 11.1.7.4 MnM view
- 11.1.8 HANGZHOU FOCUS CHEMICAL CO., LTD.
- 11.1.8.1 Business overview
- 11.1.8.2 Products/Solutions/Services offered
- 11.1.8.3 MnM view
- 11.1.9 ESSECO UK
- 11.1.9.1 Business overview
- 11.1.9.2 Products/Solutions/Services offered
- 11.1.9.3 MnM view
- 11.1.10 DYNALENE, INC.
- 11.1.10.1 Business overview
- 11.1.10.2 Products/Solutions/Services offered
- 11.1.10.3 MnM view
- 11.2 OTHER PLAYERS
- 11.2.1 XINJIANG GUOLIN NEW MATERIALS CO., LTD
- 11.2.2 ATAMAN KIMYA
- 11.2.3 AMERICAN ELEMENTS
- 11.2.4 NACHURS ALPINE SOLUTIONS
- 11.2.5 SHOUGUANG HENGTONG CHEMICAL CO., LTD.
- 11.2.6 GLOBAL DRILLING FLUIDS & CHEMICALS LIMITED
- 11.2.7 CHONGQING CHUANDONG CHEMICAL (GROUP) CO., LTD.
- 11.2.8 SHANDONG ACID TECHNOLOGY CO., LTD.
- 11.2.9 PROVIRON
- 11.2.10 TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD.
- 11.2.11 DONGYING SHUNTONG CHEMICAL (GROUP) CO., LTD.
- 11.2.12 WEST BENGAL CHEMICAL INDUSTRIES LIMITED
- 11.2.13 PROCHEM, INC.
- 11.2.14 GEOCON PRODUCTS
- 11.2.15 KRISHNA CHEMICALS
12 APPENDIX
- 12.1 DISCUSSION GUIDE
- 12.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 12.3 CUSTOMIZATION OPTIONS
- 12.4 RELATED REPORTS
- 12.5 AUTHOR DETAILS
