With annual production of around 1 million metric tons (1. 1 million tons), formic acid is one of the most important basic chemicals and is used, among other things, as an additive in the animal feed industry. It is also increasingly attracting attention as an H2 carrier.
Source: [Phys.org](https://phys.org/news/2026-08-hydrogen-bio-based-formic-acid.html)