- Sodium formate is utilized in textile auxiliaries to impart specific properties such as anti-creasing and anti-static characteristics to fabrics, further expanding its applications in the market
- Europe dominated the sodium formate market with the largest revenue share of 38.7% in 2024, driven by the region's robust industrial base and widespread application of sodium formate in leather tanning, de-icing, and chemical manufacturing processes
- North America is projected to register the fastest CAGR of 21.6% from 2025 to 2032, propelled by the expanding usage of sodium formate in oilfield services, de-icing agents, and industrial chemical manufacturing
- The Sodium Organic Salt segment dominated the sodium formate market with the largest market revenue share of 56.3% in 2024, driven by its widespread industrial application in de-icing, leather tanning, and chemical synthesis
