Potassium formate is a chemical compound with the formula KCOO. It is the potassium salt of formic acid and is commonly used in various industrial applications, including de-icing roads and as a drilling fluid in the oil and gas industry. Its properties make it effective in lowering the freezing point of water, which is beneficial in cold climates. In addition to its industrial uses, potassium formate is also utilized in the production of certain types of fertilizers. It is considered environmentally friendly due to its low toxicity and biodegradability, making it a safer alternative to some other chemical compounds used in similar applications.