The 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...