| Product Code: ETC9693032 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Thailand potassium formate market, the import trend exhibited a notable growth trajectory from 2023 to 2024, with a growth rate of 44.57%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 17.31%. This import momentum can be attributed to a surge in demand for potassium formate-based products in various sectors, indicating a shift in market dynamics towards increased utilization of this chemical compound.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Potassium Formate Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Potassium Formate Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Potassium Formate Market - Industry Life Cycle |
3.4 Thailand Potassium Formate Market - Porter's Five Forces |
3.5 Thailand Potassium Formate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Thailand Potassium Formate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Potassium Formate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for potassium formate in the oil and gas industry for drilling fluids due to its environmentally friendly properties. |
4.2.2 Growth in the construction sector in Thailand leading to higher demand for potassium formate-based de-icing agents. |
4.2.3 Rising adoption of potassium formate in the agriculture industry as a non-corrosive de-icing agent. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in potassium formate production affecting overall production costs. |
4.3.2 Stringent environmental regulations impacting the manufacturing and usage of potassium formate in Thailand. |
5 Thailand Potassium Formate Market Trends |
6 Thailand Potassium Formate Market, By Types |
6.1 Thailand Potassium Formate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Potassium Formate Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 Thailand Potassium Formate Market Revenues & Volume, By Solid, 2021- 2031F |
6.1.4 Thailand Potassium Formate Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 Thailand Potassium Formate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Potassium Formate Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.3 Thailand Potassium Formate Market Revenues & Volume, By De-icing, 2021- 2031F |
6.2.4 Thailand Potassium Formate Market Revenues & Volume, By Heat Transfer, 2021- 2031F |
6.2.5 Thailand Potassium Formate Market Revenues & Volume, By Others, 2021- 2031F |
7 Thailand Potassium Formate Market Import-Export Trade Statistics |
7.1 Thailand Potassium Formate Market Export to Major Countries |
7.2 Thailand Potassium Formate Market Imports from Major Countries |
8 Thailand Potassium Formate Market Key Performance Indicators |
8.1 Adoption rate of potassium formate in the oil and gas industry for drilling fluids. |
8.2 Growth rate of the construction sector in Thailand. |
8.3 Percentage of agricultural companies using potassium formate-based de-icing agents. |
8.4 Environmental compliance metrics related to the production and usage of potassium formate in Thailand. |
9 Thailand Potassium Formate Market - Opportunity Assessment |
9.1 Thailand Potassium Formate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Thailand Potassium Formate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Potassium Formate Market - Competitive Landscape |
10.1 Thailand Potassium Formate Market Revenue Share, By Companies, 2024 |
10.2 Thailand Potassium Formate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |