Press release
Glucaric Acid Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | The Archer Daniels Midland Company, BASF SE, LyondellBasell Industries, Merck KGaA, Koninklijke DSM N.V, Sinochem Group, Roquette Frères SA, Novozymes A/S, Jun
Glucaric Acid Market Trends
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16068&type=smp
Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth
The rising demand for eco-friendly and bio-based chemicals is expected to propel the growth of the glucaric acid market going forward. Eco-friendly and bio-based chemicals refer to substances produced from renewable resources using processes that have minimal environmental impact, promote sustainability, and reduce reliance on fossil fuels. The rising demand for eco-friendly and bio-based chemicals is driven by increasing environmental concerns and regulatory pressures to reduce carbon footprints and pollution. Glucaric acid is used in eco-friendly and bio-based chemicals as a biodegradable alternative for various applications, including detergents, corrosion inhibitors, and food additives. For instance, in December 2022, according to the International Energy Agency, a France-based government agency, demand for vegetable oil, waste, and residue oils and fats increased by 56% to 79 million metric tons in the 2022-2027 period. Moreover, wastes and residues are expected to be used for 13% of biofuel production in 2027, up from 9% in 2021. The rising demand for eco-friendly and bio-based chemicals will drive the growth of the glucaric acid market.
Innovations And Full-Scale Production In The Glucaric Acid Market
Major companies operating in the glucaric acid market are focusing on adopting innovations in production processes, such as full-scale glucaric acid fermentation, to provide cost-effective, high-purity, and environmentally friendly alternatives for various industrial applications. Full-scale glucaric acid fermentation utilizes microorganisms to convert glucose-containing raw materials into glucaric acid. For instance, in November 2021, Kalion Inc., a U.S.-based biotech company, completed its first full commercialization of its glucaric acid product through custom manufacturing at Evonik in Europe. Kalion's KSPG40 glucaric acid is a potent corrosion inhibitor, surpassing phosphates in water treatment. Additionally, Kalion provides the pharmaceutical market with high-purity calcium glucarate, reducing residue on ignition (ROI) by up to 50% compared to alternatives. This milestone enables the company to fulfill current customer commitments and demands while offering limited quantities for additional customers interested in evaluating their high-purity glucaric product.
The glucaric acid market covered in this report is segmented -
1) By Type: Calcium D-Glucarate, Pure Glucaric Acid, D-Glucaric Acid-1,4-Lactone, Potassium Sodium D-Glucarate, Other Types
2) By Application: Detergents, Healthcare, Food Manufacturing, Corrosion Inhibitors, Other Applications
3) By Sales Channel: Direct Sale, Indirect Sale
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16068&type=discount
Major companies operating in the glucaric acid market are The Archer Daniels Midland Company, BASF SE, LyondellBasell Industries, Merck KGaA, Koninklijke DSM N.V, Sinochem Group, Roquette Frères SA, Novozymes A/S, Jungbunzlauer Suisse AG, Toronto Research Chemicals Inc, Codexis Inc., Cayman Chemical Company, Tokyo Chemical Industry Co. Ltd, Biosynth Ltd, Chemrez Technologies Inc, Parchem Fine & Specialty Chemicals, Santa Cruz Biotechnology Inc, Rennovia Inc, Alfa Chemistry, Rivertop Renewables, Haihang Industry Co Ltd, CHEMOS GmbH & Co KG, AK Scientific Inc, Kalion Inc, PMP Inc, Shandong Baovi Energy Technology Co Ltd, Otto Chemie Pvt Ltd, Glentham Life Sciences Limited
Contents of the report:
1. Executive Summary
2. Glucaric Acid Market Report Structure
3. Glucaric Acid Market Trends And Strategies
4. Glucaric Acid Market - Macro Economic Scenario
5. Glucaric Acid Market Size And Growth
…..
27. Glucaric Acid Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/glucaric-acid-global-market-report
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | The Archer Daniels Midland Company, BASF SE, LyondellBasell Industries, Merck KGaA, Koninklijke DSM N.V, Sinochem Group, Roquette Frères SA, Novozymes A/S, Jun here
News-ID: 3583959 • Views: …
More Releases from the business research company
Emerging Sub-Segments Transforming the Automatic Labeling Machine Market Landsca …
The automatic labeling machine industry is positioned for consistent growth as demand across various packaging sectors continues to rise. Driven by technological advancements and shifting market needs, this sector is expected to witness significant developments through the end of the decade. Let's explore the current market size, key players, emerging trends, and segment highlights shaping the future of automatic labeling machines.
Projected Market Expansion in the Automatic Labeling Machine Market by…
Competitive Analysis: Leading Companies and New Entrants in the Automatic Blow M …
The automatic blow moulding machine sector is set to experience consistent growth over the coming years, driven by increasing demands across various industries. This report delves into the market's value projections, leading companies, current trends, and key segments shaping its expansion.
Projected Market Value and Growth Prospects for the Automatic Blow Moulding Machine Market
The automatic blow moulding machine market is forecasted to reach a value of $2.58 billion by 2030,…
Key Strategic Developments and Emerging Changes Shaping the Automated Poly Baggi …
The automated poly bagging machines market is positioned for noteworthy expansion in the coming years, driven by evolving packaging needs and technological advancements. This sector is adapting swiftly to changing industry demands, aiming to improve packaging speed, accuracy, and automation. Let's delve into the current market size, prominent players, leading trends, and key segments that define this market's future.
Projected Growth and Market Size for Automated Poly Bagging Machines
The market…
Analysis of Key Market Segments Driving the Automated Cash Handling Device Marke …
The automated cash handling device market is rapidly evolving as businesses seek more efficient ways to manage cash transactions. With innovations aimed at improving speed, accuracy, and security, this sector is set to witness significant growth driven by technological advancements and increasing demand across various industries. Let's explore the market value projections, key players, emerging trends, and primary segments shaping this industry's future.
Projected Growth and Market Value of the Automated…
More Releases for Glucaric
Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth: An Emerging Dri …
The Glucaric Acid Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Glucaric Acid Market?
The glucaric acid market size has experienced steady growth in recent years. It will increase from $1.06 billion in 2024 to $1.16 billion in 2025,…
Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth Driver: Leading …
What industry-specific factors are fueling the growth of the glucaric acid market?
The rising demand for eco-friendly and bio-based chemicals is expected to drive the growth of the glucaric acid market. These chemicals, made from renewable resources, are gaining popularity due to environmental concerns and regulatory pressures to reduce carbon footprints. Glucaric acid, a biodegradable substance, is used in a variety of eco-friendly applications. According to the International Energy Agency in…
Strategic Triumph: Glucaric Acid Market Market Influence on Market Growth
𝐆𝐫𝐨𝐰𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬, a leading authority in Market analysis, has released an extensive report on the Glucaric Acid Market Market. Tailored for clients seeking new Market dimensions, in-depth product insights, revenue optimization, and strategic reviews of key players, the report provides a roadmap for Market exploration.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐆𝐥𝐮𝐜𝐚𝐫𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐃𝐅 @ https://growthmarketreports.com/request-sample/4660?utm=Openpr
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐛𝐲 𝐆𝐥𝐮𝐜𝐚𝐫𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭
𝐓𝐲𝐩𝐞
●…
Glucaric Acid Market Market Opportunities And Key Insights 2023
Making accurate business decisions is always a tough task. However, if the company has acquired proper insights about the market, making those decisions becomes easy. Growth Market Reports offers the right support any business requires in the form of its meticulous research reports.
𝐆𝐫𝐨𝐰𝐭𝐡 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 has rolled out a novel report on the 𝐆𝐥𝐨𝐛𝐚𝐥 𝐆𝐥𝐮𝐜𝐚𝐫𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭. The report is filled with imperative insights on the market which will…
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…
