Formic acid prices in india (Business Opportunities - Marketing & Sales)

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Formic acid prices in india


The price of Formic acid has decreased by Re 1/kg in the Mumbai market.According to Indian Petrochem analysts, the price of Formic acid decreased by Rs 1/kg on March 20, 2025, from Rs 63/kg on March 11, 2025, to Rs 64/kg today. Regionally, Asia-Pacific dominates the market, with China and India contributing significantly due to their expanding agricultural and textile sectors. The global market for formic acid is experiencing robust growth. Currently valued at approximately $1.9 billion in 2024, it is projected to reach $2.7 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.5%. This growth is driven by increasing demand for eco-friendly chemicals, particularly in agriculture and textiles, and the rising adoption of formic acid in animal feed and leather industries. Formic acid prices in india, Indian Formic acid prices, Indianpetrochem.

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Last Update : 21 March 2025 11:23 AM
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Item  Owner  : Indianpetrochem
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2025-04-02 (0.388 sec)