The global Formic Acid Market is estimated to be valued at USD 1.6 billion in 2021 and is expected to exhibit a CAGR of 4.9% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights.

A) Market Overview:
Formic acid is a colorless liquid with a pungent smell, widely used as a feed preservative for animals. It acts as an antibacterial agent, preventing the growth of harmful bacteria and extending the ... Read more

Formic acid is known for its use as preservative and antibacterial agent in many end-use industries such as agriculture, food & beverages, leather tanning, rubber manufacturing and others. It is used as an organic acid produced naturally by ants and other insects. It is colorless, corrosive, and highly soluble in water. It finds applications in various end-use industries as a preservative to inhibit the growth of mold and bacteria. It also helps in extending the shelf life and conserving ... Read more