Potassium Formate Industry 2018-2023 Global Market Size, Growth, Share, Trends, Applications, Demand, Manufacturers and Forecast Report
The report scrutinizes the market by an exhaustive analysis on Global Potassium Formate Market 2018 dynamics, market size, growth, shares, applications, current trends, demand, suppliers, challenges, forecasts, competition analysis, and top key players involved.
July 5, 2018 /MarketersMedia/ —
The Potassium Formate Industry report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Potassium Formate industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
The worldwide market for Potassium Formate is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 440 million US$ in 2023, from 380 million US$ in 2017, according to a new study.
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Potassium formate (CHO2K) is the potassium salt of formic acid. With a molar mass of 84.12 g/mol, this highly water soluble product has many industrial applications, including heat transfer, de-icing, and as a brine for use in oilfield applications such as drilling and completion operations. Potassium formate also can be used as reduce agent for the production of printing and dyeing, and as intermediate in the manufacturing of potassium diformate.
This report focuses on the Potassium Formate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Potassium formate is a concentrated industry with some manufacturers dominating the market. The manufacturers can be categorized as three types: raw material formic acid suppliers (such as Perstorp and BASF), drilling fluid manufactures (such as M-I Swaco) and deicing agent manufactures (such as Kemira, NASi and Esseco).
A key variable in the performance of potassium formate producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The materials of potassium formate include formic acid and potassium hydroxide, both of which are bulk chemical raw materials. The price of formic acid and potassium hydroxide injects short-term volatility into margins and stock prices. From 2011 to 2015, the decreasing of formic acid price lowered the production cost of potassium formate, which also contributes to the price decrease of potassium formate. Also the price raise of formic acid in 2016 lifted the price of potassium formate, but we tend to believe the price for long term would trend down.
Complete report on Potassium Formate Industry spread across 153 pages, profiling 16 companies and supported with tables and figures. Inquire for more at – https://www.orianresearch.com/enquiry-before-buying/568159 .
The Manufacturers Analyzed in Global Potassium Formate Market are – Perstorp, OXEA Corporation, ADDCON, NASi, M-I Swaco, BASF, Kemira, Esseco, Hawkins, Shouguang Hengtong Chemical, Chongqing Chuandong Chemical, Shuntong Group, Mianyang Aostar Phosphorus Chemical, Hangzhou Focus Chemical, Shanxi Zhaoyi Chemical and Hebei Huayun Hongye Chemcal.
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• Solid Potassium Formate
• Liquid Potassium Formate
Market Segment by Applications, can be divided into
• Oil Field
• Deicing Agent
• Other
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There are 15 Chapters to deeply display the Global Potassium Formate Market –
Chapter 1, to describe Potassium Formate Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Potassium Formate, with sales, revenue, and price of Potassium Formate, in 2016 and 2018;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2018;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Potassium Formate, for each region, from 2012 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2018;
Chapter 12, Potassium Formate Market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Potassium Formate sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Global Potassium Formate Market Competition, by Manufacturer
4 Global Potassium Formate Market Analysis by Regions
5 North America Potassium Formate by Countries, Type, Application and Manufacturers
6 Europe Potassium Formate by Countries, Type, Application and Manufacturers
7 Asia-Pacific Potassium Formate by Countries, Type, Application and Manufacturers
8 South America Potassium Formate by Countries, Type, Application and Manufacturers
9 Middle East and Africa Potassium Formate by Countries, Type, Application and Manufacturers
10 Global Potassium Formate Market Segment by Type
11 Global Potassium Formate Market Segment by Application
12 Potassium Formate Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
Author List
Disclosure Section
Research Methodology
Data Source
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