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Oxalic Acid Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | Honeywell International Inc., Merck KGaA, Clariant AG, UBE Corporation, Sigma-Aldrich Co. LLC, PCC Rokita SA
Oxalic Acid Global Market Report
The Business Research Company's Oxalic Acid Global Market Report 2023 identifies the rising concerns regarding the increase in surgical site infections will boost the oxalic acid market going forward. Surgical site infections (SSIs) refer to infections that occur at the site of a surgical incision or in the tissue layers affected by the surgical procedure. These infections can occur after any surgical procedure, ranging from minor outpatient to major surgeries. Oxalic acid has antimicrobial properties and potential antimicrobial activity against certain bacteria and fungi, which helps against surgical site infections.
The global oxalic acid market size is expected to grow from $1.14 billion in 2022 to $1.20 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of oxalic acid market is expected to reach $1.42 billion in 2027 at a CAGR of 4.3%.
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Major players in the oxalic acid market are Honeywell International Inc., Merck KGaA, Clariant AG, UBE Corporation, Sigma-Aldrich Co. LLC, PCC Rokita SA, Shandong Fengyuan Chemical Co. Ltd, Alfa Aesar, Spectrum Chemical Manufacturing Corp., Punjab Chemicals And Crop Protection Ltd., Chongqing Changyuan Group Limited, Gem Chemicals, Penta s.r.o, Chemtex Specialty Limited, Shijiazhuang Taihe Chemical Co. Ltd., Lab-Chem Corporation, Noah Chemicals, PANGEA CHEMICALS PRIVATE LIMITEDPangea Chemicals Pvt Ltd, Nanjing Jiayi Sunway Chemical Co. Ltd., TRInternational Inc., Oxaquim S.A., Uranus Chemicals Co. Ltd., Mudanjiang Hongli Chemicals Co. Ltd., Hibrett Puratex, Star Oxochem Private Limited, Shanghai Yixin Chemical Co. Ltd., Shijiazhuang Xinlongwei Chemical Co. Ltd., Shandong Baovi Energy Technology Co. Ltd., Hefei TNJ Chemical Industry Co. Ltd., and Shandong Baoyuan Chemical Co. Ltd.
A key trend in the Oxalic Acid market includes the Increasing investments are a popular trend in the oxalic acid market. Major companies operating in the oxalic acid market are focused on increasing investments to meet demand and sustain their position in the market.
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The Oxalic Acid market is segmented -
1) By Product Grade: Anhydrous, Dihydrate, Aqueous Solution
2) By Process: Oxidation Of Carbohydrates, CO Coupling Reaction, Oxidation Of Propylene, Sodium Formate Process
3) By Application: Bleaching And Purifying Agents, Reducing Agents, Stain And Rust Removers, Miticide, Precipitation Agents, Other Applications
4) By End Use: Petrochemicals, Water Treatment Chemicals, Metallurgy, Textiles And Leather, Pharmaceuticals, Electronics And Semiconductors, Wood Pulp, Bee-Hiving
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Oxalic Acid market.
The Business Research Company's "Global Oxalic Acid Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Oxalic Acid Market Include:
1. Executive Summary
2. Oxalic Acid Market Characteristics
3. Oxalic Acid Market Trends And Strategies
4. Oxalic Acid Market - Macro Economic Scenario
5. Oxalic Acid Market Size And Growth
……
27. Oxalic Acid Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Oxalic Acid Market
29. Oxalic Acid Market Future Outlook and Potential Analysis
30. Appendix
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Executive Summary
The global Oxalic Acid market has moved through a dynamic cycle over the past year, characterized by shifting supply-demand balances, evolving regulatory landscapes, and persistent logistical disruptions. Across North America, APAC, and Europe, Oxalic Acid pricing has been shaped by a combination of industrial demand trends, changes in import flows, production constraints, feedstock cost inflation, and environmental compliance pressures.
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Growing Concerns Over Surgical Site Infections To Propel Oxalic Acid Market: Key …
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Oxalic acid is a colorless, crystalline substance with sharp, sour taste. Oxalic acid is at high concentration can be a dangerous poison. It’s a part of carboxylic acid family.Oxalic acid is soluble in water, alcohol and ether. Oxalic acid is widely used as bleaching or cleaning agent. Oxalic acid is used as a mordant in dying process. Oxalic acid is used in pharmaceutical to purification or dilution purpose.Another important application…
