Report Detail
Global Potassium Formate Market Growth 2019-2024
- RnM3064405 |
- 06 March, 2019 |
- Global |
- 158 Pages |
- LPI(LP Information) |
- Other
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.
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.
According to this study, over the next five years the Potassium Formate market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 440 million by 2024, from US$ 380 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Potassium Formate business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Formate market by product type, application, key manufacturers and key regions and countries.
This study considers the Potassium Formate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Solid Potassium Formate
Liquid Potassium Formate
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil Field
Deicing Agent
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
Hebei Huayun Hongye Chemcal
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Potassium Formate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Potassium Formate market by identifying its various subsegments.
Focuses on the key global Potassium Formate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Potassium Formate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Potassium Formate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Potassium Formate Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Potassium Formate Consumption 2014-2024
- 2.1.2 Potassium Formate Consumption CAGR by Region
- 2.2 Potassium Formate Segment by Type
- 2.2.1 Solid Potassium Formate
- 2.2.2 Liquid Potassium Formate
- 2.3 Potassium Formate Consumption by Type
- 2.3.1 Global Potassium Formate Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Potassium Formate Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Potassium Formate Sale Price by Type (2014-2019)
- 2.4 Potassium Formate Segment by Application
- 2.4.1 Oil Field
- 2.4.2 Deicing Agent
- 2.4.3 Other
- 2.5 Potassium Formate Consumption by Application
- 2.5.1 Global Potassium Formate Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Potassium Formate Value and Market Share by Application (2014-2019)
- 2.5.3 Global Potassium Formate Sale Price by Application (2014-2019)
3 Global Potassium Formate by Players
- 3.1 Global Potassium Formate Sales Market Share by Players
- 3.1.1 Global Potassium Formate Sales by Players (2017-2019)
- 3.1.2 Global Potassium Formate Sales Market Share by Players (2017-2019)
- 3.2 Global Potassium Formate Revenue Market Share by Players
- 3.2.1 Global Potassium Formate Revenue by Players (2017-2019)
- 3.2.2 Global Potassium Formate Revenue Market Share by Players (2017-2019)
- 3.3 Global Potassium Formate Sale Price by Players
- 3.4 Global Potassium Formate Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Potassium Formate Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Potassium Formate Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Potassium Formate by Regions
- 4.1 Potassium Formate by Regions
- 4.1.1 Global Potassium Formate Consumption by Regions
- 4.1.2 Global Potassium Formate Value by Regions
- 4.2 Americas Potassium Formate Consumption Growth
- 4.3 APAC Potassium Formate Consumption Growth
- 4.4 Europe Potassium Formate Consumption Growth
- 4.5 Middle East & Africa Potassium Formate Consumption Growth
5 Americas
- 5.1 Americas Potassium Formate Consumption by Countries
- 5.1.1 Americas Potassium Formate Consumption by Countries (2014-2019)
- 5.1.2 Americas Potassium Formate Value by Countries (2014-2019)
- 5.2 Americas Potassium Formate Consumption by Type
- 5.3 Americas Potassium Formate Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Potassium Formate Consumption by Countries
- 6.1.1 APAC Potassium Formate Consumption by Countries (2014-2019)
- 6.1.2 APAC Potassium Formate Value by Countries (2014-2019)
- 6.2 APAC Potassium Formate Consumption by Type
- 6.3 APAC Potassium Formate Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Potassium Formate by Countries
- 7.1.1 Europe Potassium Formate Consumption by Countries (2014-2019)
- 7.1.2 Europe Potassium Formate Value by Countries (2014-2019)
- 7.2 Europe Potassium Formate Consumption by Type
- 7.3 Europe Potassium Formate Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Potassium Formate by Countries
- 8.1.1 Middle East & Africa Potassium Formate Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Potassium Formate Value by Countries (2014-2019)
- 8.2 Middle East & Africa Potassium Formate Consumption by Type
- 8.3 Middle East & Africa Potassium Formate Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Potassium Formate Distributors
- 10.3 Potassium Formate Customer
11 Global Potassium Formate Market Forecast
- 11.1 Global Potassium Formate Consumption Forecast (2019-2024)
- 11.2 Global Potassium Formate Forecast by Regions
- 11.2.1 Global Potassium Formate Forecast by Regions (2019-2024)
- 11.2.2 Global Potassium Formate Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Potassium Formate Forecast by Type
- 11.8 Global Potassium Formate Forecast by Application
12 Key Players Analysis
- 12.1 Perstorp
- 12.1.1 Company Details
- 12.1.2 Potassium Formate Product Offered
- 12.1.3 Perstorp Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Perstorp News
- 12.2 OXEA Corporation
- 12.2.1 Company Details
- 12.2.2 Potassium Formate Product Offered
- 12.2.3 OXEA Corporation Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 OXEA Corporation News
- 12.3 ADDCON
- 12.3.1 Company Details
- 12.3.2 Potassium Formate Product Offered
- 12.3.3 ADDCON Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 ADDCON News
- 12.4 NASi
- 12.4.1 Company Details
- 12.4.2 Potassium Formate Product Offered
- 12.4.3 NASi Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 NASi News
- 12.5 M-I Swaco
- 12.5.1 Company Details
- 12.5.2 Potassium Formate Product Offered
- 12.5.3 M-I Swaco Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 M-I Swaco News
- 12.6 BASF
- 12.6.1 Company Details
- 12.6.2 Potassium Formate Product Offered
- 12.6.3 BASF Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 BASF News
- 12.7 Kemira
- 12.7.1 Company Details
- 12.7.2 Potassium Formate Product Offered
- 12.7.3 Kemira Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Kemira News
- 12.8 Esseco
- 12.8.1 Company Details
- 12.8.2 Potassium Formate Product Offered
- 12.8.3 Esseco Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Esseco News
- 12.9 Hawkins
- 12.9.1 Company Details
- 12.9.2 Potassium Formate Product Offered
- 12.9.3 Hawkins Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Hawkins News
- 12.10 Shouguang Hengtong Chemical
- 12.10.1 Company Details
- 12.10.2 Potassium Formate Product Offered
- 12.10.3 Shouguang Hengtong Chemical Potassium Formate Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Shouguang Hengtong Chemical News
- 12.11 Chongqing Chuandong Chemical
- 12.12 Shuntong Group
- 12.13 Mianyang Aostar Phosphorus Chemical
- 12.14 Hangzhou Focus Chemical
- 12.15 Shanxi Zhaoyi Chemical
- 12.16 Hebei Huayun Hongye Chemcal
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Potassium Formate . Industry analysis & Market Report on Potassium Formate is a syndicated market report, published as Global Potassium Formate Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Potassium Formate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
