Press release
Gluconic Acid Market to procure massive proceeds by 2024, US to emerge as a prominent revenue pocket: Jungbunzlauer, Roquette, PMP Fermentation Products, Shandong Fuyang
Gluconic acid is derived from glucose through a simple dehydrogenation reaction. It is a multifunctional organic acid used as bulk chemical in the food, feed, pharmaceutical, textile, metallurgy, detergent and construction industries.Scope of the Report:
In consumption market, the growth rate of global consumption is smooth relatively. North America and China are still the mainly consumption regions due to the advanced production technology and wide range of downstream areas.
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Gluconic acid can be classified as two major types: gluconic acid (50% solution) and gluconic acid (solid). It can be widely used in many industries. The construction industry is the major consumption market. With the development of economy, these industries will need more gluconic acid. So, gluconic acid has a huge market potential in the future.
The major raw material for gluconic acid is glucose, etc. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of gluconic acid industry.
We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
The worldwide market for Gluconic Acid is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 150 million US$ in 2024, from 130 million US$ in 2019.
This report focuses on the Gluconic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Product innovation along with extensive R&D assistance for bio-based acid production will boost market size in the projected timeframe. Additionally, supporting regulatory amendments from European Union pertaining to approval of gluconic acid to be used in food & pharmaceutical products may contribute towards industry growth.
Market Segment by Manufacturers, this report covers: Jungbunzlauer, Roquette, PMP Fermentation Products, Shandong Fuyang, Shandong Kaison, Shandong Baisheng, Anil, Anhui Xingzhou, Qingdao Kehai.
Market Segment by Type, covers: Gluconic Acid (50% Solution), Gluconic Acid (Solid), Other.
Market Segment by Applications, can be divided into: Construction, Food, Pharmaceutical, Other.
This report focuses on the Gluconic Acid and Its Derivatives in the global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. Gluconic Acid and Its Derivatives report categorizes the market based on players, regions, type and application, according to the report, one driver within the market is that the rapid advances in technology.
The report offers a basic review of the Gluconic Acid and Its Derivatives market along with definitions, classifications, applications and industry chain structure, Gluconic Acid and Its Derivatives market development policies and plans are mentioned additionally as manufacturing processes and cost structure.
The main aim of Global Gluconic Acid and Its Derivatives Market report is to provide a clear picture and a better understanding of the market. Additionally, it conjointly covers the overall market situation together with future outlook around the world. The Gluconic Acid and Its Derivatives report promises you will remain better informed than your competitor.
With approx. Tables and figures examining the Gluconic Acid and Its Derivatives market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market players, revenue, forecast analysis and prediction of the Gluconic Acid and Its Derivatives market.
Finally, Gluconic Acid and Its Derivatives market report gives you details about the market research findings and conclusion which helps you to develop profitable market strategies to gain competitive advantage.
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Table of Contents
1 Market Overview
2 Manufacturers Profiles
2.1 Jungbunzlauer
2.1.1 Business Overview
2.1.2 Gluconic Acid (Cas 526-95-4) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Jungbunzlauer Gluconic Acid (Cas 526-95-4) Sales, Price, Revenue, Gross Margin and Market Share (2017-2018)
3 Global Gluconic Acid (Cas 526-95-4) Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Gluconic Acid (Cas 526-95-4) Market Analysis by Regions
5 North America Gluconic Acid (Cas 526-95-4) by Country
6 Europe Gluconic Acid (Cas 526-95-4) by Country
7 Asia-Pacific Gluconic Acid (Cas 526-95-4) by Country
8 South America Gluconic Acid (Cas 526-95-4) by Country
9 Middle East and Africa Gluconic Acid (Cas 526-95-4) by Countries
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Gluconic acid is derived from glucose through a simple dehydrogenation reaction. It is a multifunctional organic acid used as bulk chemical in the food, feed, pharmaceutical, textile, metallurgy, detergent and construction industries.
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