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Formic Acid Market New Opportunities, Segmentation Details with Financial Facts By 2032Introduction: Formic acid, also known as methanoic acid, is a colorless liquid with a pungent odor. It is the simplest carboxylic acid and is widely used in various industries due to its unique properties. Over the years, the formic acid market has experienced significant growth, driven by its versatile applications and expanding demand in key sectors such as agriculture, leather,...0 Commentarii 0 Distribuiri 2K Views 0 previzualizare
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Formic Acid Market: Agricultural Demand Remains Key Growth DriverThe global formic acid market is expected to be valued at approximately US$ 1.8 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.6%, reaching US$ 2.8 billion by the end of 2033. Formic acid, also known as methanoic acid, is a simple carboxylic acid that has a wide range of applications across various industries. Its primary uses include serving as...0 Commentarii 0 Distribuiri 2K Views 0 previzualizare
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