| Product Code: ETC9952592 | 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 2024, the United Kingdom import trend for potassium formate experienced a notable decline, with a growth rate of -30.91% compared to the previous year. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 11.59%. This sharp decline in import momentum in 2024 could be attributed to various factors such as shifts in demand, changing trade policies, or market instability.
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 United Kingdom (UK) Potassium Formate Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Potassium Formate Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Potassium Formate Market - Industry Life Cycle |
3.4 United Kingdom (UK) Potassium Formate Market - Porter's Five Forces |
3.5 United Kingdom (UK) Potassium Formate Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 United Kingdom (UK) Potassium Formate Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Kingdom (UK) Potassium Formate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly de-icing agents in the UK. |
4.2.2 Growth in oil and gas exploration activities in the region. |
4.2.3 Rising adoption of potassium formate as a drilling fluid additive in the UK market. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost. |
4.3.2 Stringent regulations regarding chemical usage and disposal in the UK. |
4.3.3 Competition from alternative de-icing agents and drilling fluid additives. |
5 United Kingdom (UK) Potassium Formate Market Trends |
6 United Kingdom (UK) Potassium Formate Market, By Types |
6.1 United Kingdom (UK) Potassium Formate Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Form, 2021- 2031F |
6.1.3 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Solid, 2021- 2031F |
6.1.4 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Liquid, 2021- 2031F |
6.2 United Kingdom (UK) Potassium Formate Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.2.3 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By De-icing, 2021- 2031F |
6.2.4 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Heat Transfer, 2021- 2031F |
6.2.5 United Kingdom (UK) Potassium Formate Market Revenues & Volume, By Others, 2021- 2031F |
7 United Kingdom (UK) Potassium Formate Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Potassium Formate Market Export to Major Countries |
7.2 United Kingdom (UK) Potassium Formate Market Imports from Major Countries |
8 United Kingdom (UK) Potassium Formate Market Key Performance Indicators |
8.1 Adoption rate of potassium formate in de-icing applications in the UK. |
8.2 Number of oil and gas exploration projects utilizing potassium formate in the region. |
8.3 Environmental impact assessments highlighting the benefits of potassium formate over traditional chemicals in the UK market. |
9 United Kingdom (UK) Potassium Formate Market - Opportunity Assessment |
9.1 United Kingdom (UK) Potassium Formate Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 United Kingdom (UK) Potassium Formate Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Kingdom (UK) Potassium Formate Market - Competitive Landscape |
10.1 United Kingdom (UK) Potassium Formate Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Potassium Formate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |