MarketResearch.biz delivers in-depth insights on the global glucaric acid market in its upcoming report titled, “Global Glucaric Acid Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global glucaric acid market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glucaric acid market report has been segmented on the basis of product, application, and region.
Glucaric acid also called as saccharic acid is polyhydroxy dicarboxylic acid. It is naturally occurring aldaric acid, found in small amounts in variety of fruits and vegetables. Consumption of glucaric acid may help to limit the cancer risk by inhibiting an enzyme called beta glucuronidase. Among fruits, apple and grapes have highest amount of glucaric acid. Vegetables namely cabbage, broccoli, Brussels sprouts, tomato and bean sprouts contain rich amount of glucaric acid.
Increasing demand for glucaric acid owing to its use in detergent, de-icing, food ingredients, and corrosion inhibitors is expected to boost the market growth over the forecast period. Chemicals used in building and construction such as phosphates are replaced with glucaric acid owing to its renewable nature and natural occurring.
Pure glucaric acid product segment is expected to account major revenue share in the global glucaric acid market and is estimated to maintain its dominance over the forecast period. Ease of availability and low prices of pure glucaric acid as compared to other products is expected to propel the market growth. Calcium D-glucarate is expected to be second largest product segment. The segment is project to grow over the forecast period owing to rise in applications in food industry.
Detergent segment is expected to account major share of the market revenue and is estimated to dominate the market over the forecast period. Stringent government regulations regarding the use of phosphates in liquid detergents is expected to boost the demand for glucaric acid over the forecast period. Moreover, increasing demand for biodegradable cleaners is expected to augment the market growth over the forecast period.
The Asia Pacific is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. Growing demand for glucaric acid in detergent and food industry in emerging economies such as India, China, and Indonesia is expected to be the major factor boosting the market growth over the forecast period.
Market segmentation and key players operating in the global glucaric acid market:
- Pure glucaric acid
- Calcium D-glucarate
- Potassium sodium D-glucarate
- D-glucaric acid-1,4-lactone
- Food ingredients
- De-icing application
- Corrosion inhibitors
- Others (adhesives, cement & concrete additive)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Shanghai Meicheng Chemical Co. Ltd.
- Kalion Inc.
- Rennovia Inc.
- Chemos GmbH & Co.KG
- Haihang Industry Co., Ltd.
- Aadhunik Industries
- AK Scientific Inc.
- Cayman Chemical
- Merck KGaA
- Alfa Chemistry
Request for TOC
Why Choose Us
- 360 Degree Approach
- Growth Consulting
- 24/7 Research Support
- Comprehensive-Level of Customization
- Comprehensive-Level of Customization
- Competitive Intelligence
- Single-Country/ Region Intelligence
- Post-Sale Service Assistance
- Access to Lead Analysts
- Available in PDF, Excel, Word/ PPT
Request for Customization
Don't just take our word. We are trusted by these great companies!