Potassium formate is a white, deliquescent powder or liquid that has many industrial uses, including: De-icing agent: Potassium formate is used to melt snow on roads. Drilling fluid: Potassium formate is used as a drilling fluid in the oil and gas industry. Preservative and salt substitute: Potassium formate is used as a preservative and salt substitute in the food industry. Reducing agent: Potassium formate is used as a reducing agent in the printing and dyeing industry. Camouflage acid: Potassium formate is used as a camouflage acid in the leather industry. Early-strength agent: Potassium formate is used as an early-strength agent for cement slurry. Foliage fertilizer: Potassium formate is used as a foliage fertilizer for crops. Coolant: Potassium formate is used as a coolant for industrial freezers. Heat transfer fluid: Potassium formate is used in heat transfer fluids. Export Inquiry Solicited, Available COA and Call for Latest Pricing.