Global Glucaric Acid Market Growth 2023-2029

Global Glucaric Acid Market Growth 2023-2029

Glucaric acid, is a chemical compound with the formula C6H10O8. It is derived by oxidizing a sugar such as glucose with nitric acid.

LPI (LP Information)' newest research report, the “Glucaric Acid Industry Forecast” looks at past sales and reviews total world Glucaric Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Glucaric Acid sales for 2023 through 2029. With Glucaric Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glucaric Acid industry.

This Insight Report provides a comprehensive analysis of the global Glucaric Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glucaric Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glucaric Acid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glucaric Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glucaric Acid.

The global Glucaric Acid market size is projected to grow from US$ 547.1 million in 2022 to US$ 962.4 million in 2029; it is expected to grow at a CAGR of 962.4 from 2023 to 2029.

Chemicals employed in the building & construction industry such as phosphates are likely to be substituted by glucaric acid owing to its naturally occurring and renewable nature. Issues regarding the usage of phosphates owing to their toxic nature is the primary driver of the glucaric acid market. Glucaric acid was one of the widely used chemicals in the U.S. in 2016. It is anticipated to offer ample growth opportunities during the forecast period. Implementation of stringent government regulations regarding the usage of harmful chemicals to curtail environmental damage is the factor driving the glucaric acid market in the U.S. The country is one of the major producers of glucose, which is primarily the reason for the presence of key glucaric acid manufacturing companies. According to a survey by the U.S. Department of Energy, glucaric acid has been identified as the top chemical made from renewable sources.

This report presents a comprehensive overview, market shares, and growth opportunities of Glucaric Acid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
D-Glucaric Acid-1,4-Lactone
Calcium D-Glucarate
Pure Glucaric Acid

Segmentation by application
Corrosion Inhibitors
Food Ingredients
Detergents

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kalion
RENNOVIA
Aadhunik Industries
AK Scientific
Alfa Chemistry
Cayman Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Glucaric Acid market?

What factors are driving Glucaric Acid market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Glucaric Acid market opportunities vary by end market size?

How does Glucaric Acid break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.