South Korea Formic Acid Market Trends, Insights, Forecasts to 2035

According to a research report published by Spherical Insights and Consulting, The South Korea Formic Acid Market Size is anticipated to reach USD 368.93 Million by 2035, growing at a CAGR of 14.24% from 2025 to 2035. The molecular formula HCOOH, formic acid is an organic acid that is colorless, strong, and extremely caustic. It is referred to as methanoic acid, it is the most basic carboxylic acid. Since some ants' venom naturally contains formic acid, the word "formic" is derived from the Latin word for ant, "Formica." Numerous industries, including agriculture, textiles, leather, and rubber production, frequently employ it.