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 odor. It is widely used as a preservative and antibacterial agent in various industries such as...
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