Global Formic Acid Market Analysis by Grade Description, Applications, Global Opportunity, Share, Trends, Challenges Analysis & Industry Forecast
Formic Acid introduction “ Formic Acid ” is colorless liquid with vesicant properties, pungent odor, soluble in ether, alcohols & acetone. It is generally known as the simplest form of carboxylic acid which is formed during acetate. Formic acid is available in varying grade ranging from (85 to 99%). Average portion of formic acid is used under leather industry due to its high absorbing capability, it also functions as a pH regulator in most of the chemical synthesis. It contributes some of its proportion in textile, dye, preservative, pharmaceutical & animal feed industry. It is chemically manufactured by various methods such as hydrogenation of carbon dioxide and oxidation of biomass. Report description This report represents the global and regional analysis of formic acid in terms of grade description, application (preservative, cleaning agent, animal feed & rubber etc.) Wise segmentation, market size & mark...