Global formic acid market size was valued at USD 685.32 million in 2024. The market is projected to grow from USD 710.84 million in 2025 to USD 925.41 million by 2032, exhibiting a CAGR of 3.8% during the forecast period. Formic acid (methanoic acid) is the simplest carboxylic acid with the chemical formula HCOOH. This colorless, pungent liquid serves as a key chemical intermediate and is...