Formic Acid:
Formic is a the simplest carboxylic acid and is an important intermediate.

Market Dynamics:
Formic acid is produced multiple ways, but primarily as a by-product of acetic acid production, but also on purpose from carbon dioxide and methanol. The primary application is  animal feed/silage (34%) and leather tanning (32%), textiles (13%), and pharmaceuticals (9%) as well as insecticides/pesticides, food and drink preservatives, and drilling fluids.

Up Stream Materials/Building Blocks:
​Acetic Acid (co- product)

Carbon Dioxide

Formamide

Methanol

Methyl Formate

Sodium Hydroxide

Sodium Methoxide

Sulfuric Acid

Down Stream Materials Consuming Formic Acid:

Aminopyrine

Analgin

Caffeine

Disinfectant

DMF

Methane amide

Natural Rubber

Steel production (acid cleaning)

Triazolone

Vitamin B1

By products: Ammonium Sulfate

Co-prouduct: Acetic Acid

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