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Potassium Formate Market Summary The global potassium formate market was valued at over USD 500 million in 2018 and is expected to exhibit a CAGR of over 4% during the review period. The global demand for potassium formate is majorly driven by the increasing demand for efficient oil drilling and completion fluids in the oil & gas industry. The high demand for energy across the globe and increasing shale gas exploration are likely to fuel the demand for potassium formate and propel the global market growth in the years to follow. Potassium Formate Market Segmentation The global potassium formate industry has been segregated on the basis of form, application, and region. By form, the global  potassium formate market  report has been segmented into liquid (brine) and powder. The liquid (brine) segment accounted for the largest share of the market and is projected to be the leading segment during the forecast period. High density with solid-fre...

Potassium Formate Market Summary The global potassium formate market was valued at over USD 500 million in 2018 and is expected to exhibit a CAGR of over 4% during the review period. The global demand for potassium formate is majorly driven by the increasing demand for efficient oil drilling and completion fluids in the oil & gas industry. The high demand for energy across the globe and increasing shale gas exploration are likely to fuel the demand for potassium formate and propel the global market growth in the years to follow. Potassium Formate Market Segmentation The global potassium formate industry has been segregated on the basis of form, application, and region. By form, the global  COVID-19 analysis on potassium formate market  report has been segmented into liquid (brine) and powder. The liquid (brine) segment accounted for the largest share of the market and is projected to be the leading segment during the forecast period. High d...