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Sodium Formate is a chemical compound used in a variety of industries, including leather tanning, textile dyeing, and oil drilling. It is also used as a food preservative and in the production of formic acid. It is a white, odorless, and hygroscopic crystalline solid that is highly soluble in water.
Sodium Formate is produced by the reaction of sodium hydroxide and formic acid. It is also produced as a by-product of the production of oxalic acid. The demand for Sodium Formate is driven by its use in the leather tanning industry, as well as its use in the production of formic acid.
The Sodium Formate market is highly competitive, with a number of manufacturers competing for market share. Major players in the market include AkzoNobel, BASF, Solvay, and Merck. Other companies in the market include Dow Chemical, Eastman Chemical, and Huntsman. Show Less Read more
