openPR Logo
Press release

Glucaric Acid Market Analysis And Forecast 2017 - 2025

04-05-2018 08:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Glucaric Acid Market

Glucaric Acid Market

Glucaric acid, also known as saccharic acid, is a chemical compound with the formula C6H10O8. It is formed by the resultant chemical reaction between nitric acid and oxidize sugar. Glucaric acid is categorized into renewable or green acids and is used in various applications in industries such as agriculture, pharmaceuticals, chemicals, and food. It is also used in water treatment process and manufacture of detergents. 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. Based on product type, the market for glucaric acid can be segmented into pure glucaric acid, potassium sodium D-glucarate, calcium D-glucarate, D-glucaric acid-1,4-lactone, and others. Based on application, the market for glucaric acid can be segregated into food ingredients, corrosion inhibitors, detergents, de-icing, and others.

Browse Research Report With Complete TOC @ https://www.transparencymarketresearch.com/glucaric-acid-market.html

The market for glucaric acid is anticipated to witness significant growth during the forecast period owing to its wide range of application in numerous end-user industries. Rise in usage of glucaric acid in the manufacture of polymer is anticipated to propel the demand for the acid in the next few years. In terms of product, the pure glucaric acid segment held the major share of the market in 2016. It is anticipated to maintain its position during the forecast period. Low cost and easy availability are estimated to boost the pure glucaric acid segment in the near future. Pure glucaric acid is followed by calcium D-glucarate. The segment is projected to witness high growth, led by the rise in applications in the food industry. D-glucaric acid-1,4-lactone accounted for nominal share of the market in 2016 owing to its usage in curing cancer. This product has gained momentum in countries in Asia Pacific such as India and China, due to the high prevalence of cancer in the region.

In terms of application, the detergents held accounted for key share of the glucaric acid market in 2016. The segment is likely to maintain its position during the forecast period. Implementation of stringent government regulations regarding the usage of toxic phosphates in liquid detergents and rising demand for biodegradable cleaners are the factors augmenting the demand for glucaric acid based detergents. The detergents segment was followed by the food ingredients segment in 2016. Increasing awareness about glucaric acid owing to its ability to maintain levels of essential nutrients in food and rising consumption in everyday meals are driving the demand for glucaric acid.

Based on geography, Asia Pacific accounted for significant share of the glucaric acid market in 2016 due to the easy availability of raw materials and cheap labor in comparison to North America and Europe. Thus, major players including Rennovia and Rivertop have established manufacturing facilities in emerging economies of Asia Pacific such as India, China, and Taiwan. North America accounted for significant share of the market in 2016, as the U.S. was the pioneer in introduction of the acid. Glucaric acid is a renewable product. Hence, its usage is supported by governing bodies such Environmental Protection Agency (EPA). This is further augmenting the demand for glucaric acid.

Request a PDF Brochure with Research Report Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=26738

Key players operating in the glucaric acid market include Rennovia Inc., Rivertop Renewables, Shanghai Meicheng Chemical Co. Ltd., Kalion Inc., and Chemos.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Glucaric Acid Market Analysis And Forecast 2017 - 2025 here

News-ID: 1003778 • Views:

More Releases from Transparency Market Research

Key Drivers, Market Research, and Insights for the Solar Trash Compactor Market 2023-2031
Key Drivers, Market Research, and Insights for the Solar Trash Compactor Market …
The global solar trash compactor market is poised for significant growth from 2023 to 2031. Solar trash compactors are innovative waste management solutions that use solar energy to power compactors, reducing the volume of waste and the frequency of collections. These systems are eco-friendly, cost-effective, and help in maintaining clean and litter-free environments. Market Size and Growth: The market size for solar trash compactors is projected to expand substantially during the forecast
Lithium Silicate Market Analysis On Future Development 2031
Lithium Silicate Market Analysis On Future Development 2031
Lithium Silicate, a compound derived from lithium and silicate, finds extensive usage across industries such as construction, ceramics, automotive, and electronics due to its excellent properties such as high temperature resistance, durability, and chemical stability. With a growing emphasis on sustainable materials, Lithium Silicate is gaining traction as an eco-friendly alternative in various applications. 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=49785&utm_source=OPENPR%2FJayashrib&utm_campaign=OPENPR Market
Laundromat Machines Market Size, Share And Growth Analysis For 2022-2031
Laundromat Machines Market Size, Share And Growth Analysis For 2022-2031
The global Laundromat Machines market is poised for substantial growth from 2022 to 2031, driven by the increasing demand for efficient laundry solutions, especially in urban areas with high population density. Laundromat machines, also known as coin-operated laundry machines, offer convenience to customers by providing self-service laundry options. Market Size and Growth: The Laundromat Machines market is expected to witness a significant growth rate during the forecast period. Factors such as the
Spiral Membrane Market to Witness an Outstanding Growth by 2031
Spiral Membrane Market to Witness an Outstanding Growth by 2031
Spiral membranes, a key component in filtration and separation processes, have garnered widespread adoption across various industries such as water treatment, pharmaceuticals, food and beverage, and biotechnology. These membranes offer high filtration efficiency, durability, and cost-effectiveness, making them indispensable in purifying liquids and gases. 𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐔𝐬𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐌𝐚𝐢𝐥 𝐈𝐝 𝐟𝐨𝐫 𝐐𝐮𝐢𝐜𝐤 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=49776&utm_source=OPENPR%2FJayashrib&utm_campaign=OPENPR Market Size and Growth: The spiral membrane market is anticipated to witness

All 5 Releases


More Releases for Glucaric

The Glucaric Acid Market To Grow Beholding “Altruistic” Vision
Glucaric acid is a kind of sugar acid derived by oxidizing polysaccharides/sugars with nitric acid. Since glucaric acid is produced from glucose, it is a biodegradable chemical and thus, has been identified as one of the top 12 renewable building block chemicals by the U.S. Department of energy (DOE). Alongside the fact that it is biodegradable and safely disposable in the environment, studies also show that consumption of glucaric acid
Glucaric Acid Market, Region & Country Share, Trends, Forecast Till 2027
The Global Glucaric Acid Market is projected to reach USD 1,466.7 million in 2027. A growing demand is expected to drive the market throughout the forecast period for this product in the fields of detergents, spreader and food ingredients. In this case, the ban on the use of phosphates in detergents has contributed to the rise of glucaric acid in particular, both in North America and in Europe. It mainly consists
Global Glucaric Acid Competition Analysis 2019
In its recently published report, QY Research has provided unique insights about global Glucaric Acid market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global Glucaric Acid market. Request Sample Report and Full
Glucaric Acid Market to Witness Widespread Expansion During 2025
Glucaric Acid Market: Introduction Glucaric acid is a kind of sugar acid derived by oxidizing polysaccharides/sugars with nitric acid. Since glucaric acid is produced from glucose, it is a biodegradable chemical and thus, has been identified as one of the top 12 renewable building block chemicals by the U.S. Department of energy (DOE). Alongside the fact that it is biodegradable and safely disposable in the environment, studies also show that consumption
Glucaric Acid Market to Develop Rapidly by 2025
Glucaric Acid Market: Introduction Glucaric acid is a kind of sugar acid derived by oxidizing polysaccharides/sugars with nitric acid. Since glucaric acid is produced from glucose, it is a biodegradable chemical and thus, has been identified as one of the top 12 renewable building block chemicals by the U.S. Department of energy (DOE). Alongside the fact that it is biodegradable and safely disposable in the environment, studies also show that consumption
Glucaric Acid Market Plying for Significant Growth During 2017-2025
Glucaric Acid Market: Introduction Glucaric acid is a kind of sugar acid derived by oxidizing polysaccharides/sugars with nitric acid. Since glucaric acid is produced from glucose, it is a biodegradable chemical and thus, has been identified as one of the top 12 renewable building block chemicals by the U.S. Department of energy (DOE). Alongside the fact that it is biodegradable and safely disposable in the environment, studies also show that consumption