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Tag: Potassium Formate market growth

Potassium Formate Market Size Forecast to Reach $779.5 Million by 2026

Press Release
Potassium Formate Market size is forecast to reach $779.5 million by 2026, after growing at a CAGR of 2.8% during 2021-2026. Potassium formate (HCO2K), is the potassium salt of formic acid. In high-pressure high temperature (HPHT) oil wells, potassium formate brines are extensively utilized in drilling, as these are environmentally friendly and enhance polymer stability. There is a continued preference for potassium formate over other salts, for application in oilfield, de-icing,. Read More>>

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