openPR Logo
Press release

Glyoxal Market Insights and Major Trends Encouraging Growth by 2027 | Key Player are Mitsubishi Chemical Corporation, DowDuPont and Zhonglan Industry Co. Ltd.

03-08-2019 11:43 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Glyoxal Market Insights and Major Trends Encouraging Growth

In order to study the many forthcoming movements and patterns prevailing in the global market, FactMR has included the latest Forecast report on glyoxal market to its vast database. The delivered study offers significant figures about the leading regions and applications which are functioning in the glyoxal market forthcoming trends by 2027, along with their market production, consumption, revenue, upcoming industry trends and forecasted market share details. Further, the accomplished market research report also anticipates that the concerned market would grow at a constructive CAGR until 2027.

Request for a Free Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=880

BASF SE is the front runner in the glyoxal market, with around 80 thousand metric tons of glyoxal annual output and over 30% of the glyoxal market revenues. The company is a prominent provider of glyoxal in the enhanced oil recovery application as well as in the gas industry. DowDuPont and Zhonglan Industry Co. Ltd are close competitors of BASF trying to broaden their consumer base and introduce novel blends with traditional excellence in chemical manufacturing to stand out in the market.

Hubei Hongyuan Pharmaceutical Technology Co., Ltd. and Mitsubishi Chemical Corporation are other important competitors and with DowDuPont and Zhonglan Industry, the four companies collectively hold over 52% of the glyoxal market revenue share. Other leading players in the glyoxal market are Huntsman Corporation, Amzole India Pvt. Ltd. and Celanese Corporation who are also important contenders in the glyoxal marketplace.

Glyoxal Gains Momentum as a Potential Aldehyde Substitute

Glyoxal’s use as a formaldehyde substitute in wood adhesive applications is known for a long time. A number of studies are underway to use glyoxal as an aldehyde substitute. Especially studies are in pipeline to develop glyoxal as a formalin or formaldehyde substitute. Formaldehyde finds extensive application in the production of industrial resins and is an important precursor to multiple chemicals and other materials. However, harmful effects of formaldehyde on human health are well studied and according to the US National Toxicology Program, formaldehyde is classified as a human carcinogen.

Studies have shown that glyoxal can be used as an alternative fixative to formaldehyde in super-resolution microscopy and immunostaining, and acid-free glyoxal can be used as a formalin substitute in tissue sample preservation. Also, one of the industry titan, BASF SE, is engaged in formulating a co-biocide using a blend of glyoxal and glutaraldehyde in disinfectants used in veterinary hygiene and the health industry. Identification of glyoxal as a potential substitute of formaldehyde and glutaraldehyde is likely to generate lucrative opportunities for glyoxal market in the future.

Browse Global Market Report Facts with TOC Here - https://www.factmr.com/report/880/glyoxal-market

Major investments in the chemical industry are aimed at developing chemical intermediates with higher biodegradability. Glyoxal is one of the important chemical intermediates used across niche industry verticals for its higher biodegradability. With the ongoing emphasis on sustainability across end-user industries, manufacturers in the glyoxal marketplace are actively engaged in introducing glyoxal compounds with higher sustainability grades.

Glyoxal provided by BASF SE is readily biodegradable and according to OECD 301C-E & 303A guideline, shows 90% decrease of dissolved organic carbon. Owing to its higher biodegradability, glyoxal is also accredited for its safe use in the food packaging industry. According to the research carried out at Max Planck Institute of Colloids and Interfaces, lignin which is used as a promising materials in sustainable energy storage devices are studied to achieve enhanced charging and electrode stability with the crosslinking of glyoxal.

Glyoxal Demand as a Crosslinking Agent Continues to Grow

Owing to its low moisture retention characteristics, application of glyoxal as a crosslinking agent is highly popular across end-use industries such as textiles, paper & pulp, oil & gas, leather, cosmetics and wood hardening. End-use industries continue to leverage benefits of glyoxal and consistent research and development activities ensure a promising future of the glyoxal marketplace with a number of innovative solutions already in the pipeline.

To deliver application-specific solutions, manufacturers closely work with the industry to align with the specific requirements. As a crosslinking agent, glyoxal provides comprehensive solutions for a huge number of chemical applications and hence is expected to witness significant demand for glyoxal in the coming years.

Buy Market Research Report Here - https://www.factmr.com/checkout/840/S

About FactMr

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

FactMR
11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.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 Glyoxal Market Insights and Major Trends Encouraging Growth by 2027 | Key Player are Mitsubishi Chemical Corporation, DowDuPont and Zhonglan Industry Co. Ltd. here

News-ID: 1642102 • Views: 551

More Releases from Fact.MR

07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On

All 5 Releases


More Releases for Glyoxal

Global Glyoxal Market Expected to Witness a Sustainable Growth over 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Glyoxal market. Glyoxal is an organic compound with the formula OCHCHO. It is a transparent liquid sometimes with light yellow color. Glyoxal is the smallest dialdehyde (two aldehyde groups). Glyoxal is an intermediate product that is mainly used as cross-linking agent in numerous industries, e.g. textiles, leather, paper, disinfectants, adhesives or constructions. Through its chemical reactivity,
Glyoxal Market - to Record an Exponential CAGR by 2025
Glyoxal is an organic compound that belongs to the aldehyde group, with IUPAC name Oxaldehyde. It is yellow in color and available in liquid form at normal temperature. Upon evaporation, glyoxal appears as a green colored gas. Glyoxal, also known as dialdehyde, is derived from ethylene glycol. The structure of glyoxal is as complex as the molecules of compound hydrates and oligomerizes. Read report overview at: https://www.transparencymarketresearch.com/glyoxal-market.html Based upon product type, the
Glyoxal Market Analysis, Regional Outlook, Competitive Market Share & Forecast, …
Glyoxal usage in textile production entails soft & wrinkle free textiles thereby resulting in an efficient production. The textile industry will mark substantial demand for the product as a crosslinker for decreasing the uptake of water in the crosslinking cellulose and thus, cellulosic swelling could be avoided. Glyoxal will have robust demand from the oil & gas sector by 2024, as it plays vital role in increasing the viscosity of
Glyoxal Market An Insight On the Important Factors and Trends 2025
Glyoxal is an organic compound that belongs to the aldehyde group, with IUPAC name Oxaldehyde. It is yellow in color and available in liquid form at normal temperature. Upon evaporation, glyoxal appears as a green colored gas. Glyoxal, also known as dialdehyde, is derived from ethylene glycol. The structure of glyoxal is as complex as the molecules of compound hydrates and oligomerizes. Read Report Overview @ https://www.transparencymarketresearch.com/glyoxal-market.html Based upon product type, the glyoxal
Glyoxal Market to Develop Rapidly by 2025
Glyoxal is an organic compound that belongs to the aldehyde group, with IUPAC name Oxaldehyde. It is yellow in color and available in liquid form at normal temperature. Upon evaporation, glyoxal appears as a green colored gas. Glyoxal, also known as dialdehyde, is derived from ethylene glycol. The structure of glyoxal is as complex as the molecules of compound hydrates and oligomerizes. Read Report Overview @ https://www.transparencymarketresearch.com/glyoxal-market.html Based upon product type, the
Global Glyoxylic Acid Market 2017 Strategic Opportunities - Glyoxal, Akema, Weyl …
Global Glyoxylic Acid Market 2017 represents: The Report explains introduction of [], with opportunities, product scope, risks, market overview. Along with introductions it describes driving force to assess the top manufacturers, with market statistical data such as sales, price, market type application and revenue. It provides estimation of market share and growth rate by type, application from 2017 to 2022. Download Free Sample Report @ https://www.fiormarkets.com/report-detail/112744/request-sample The report Global Glyoxylic Acid industry