Press release
Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth Driver: Leading Transformation in the Glucaric Acid Market in 2025
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 December 2022, demand for vegetable oils and other biofuels is increasing, further driving the growth of bio-based chemicals like glucaric acid.
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What Is the projected market size and growth rate for the glucaric acid market?
The glucaric acid market has experienced strong growth. It is expected to grow from $1.06 billion in 2024 to $1.16 billion in 2025, at a CAGR of 9.3%. This expansion is attributed to increased pharmaceutical demand, food additive adoption, growing environmental awareness, government regulations, and innovations in sustainable chemicals.
The glucaric acid market is projected to reach $1.63 billion by 2029, growing at a CAGR of 8.9%. Growth is driven by green chemistry focus, bio-based polymer use, agriculture and textiles diversification, and green packaging adoption. Key trends include glucaric acid in packaging, bio-based material exploration, renewable energy applications, eco-friendly construction materials, and innovation collaborations.
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What new trends are reshaping the glucaric acid market and its opportunities?
Companies in the glucaric acid market are making strategic investments to improve production scalability and efficiency. Strategic investments aim to enhance operational capabilities and foster innovation. For example, in June 2024, Solugen, a US-based biomanufacturing company, secured a $214 million loan from the US Department of Energy to fund a biobased chemical plant in Minnesota that will produce glucaric acid, gluconic acid, and hydrogen peroxide for multiple industries, promoting sustainable manufacturing practices.
What major market segments define the scope and growth of the glucaric acid market?
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
Subsegments:
1) By Calcium D-Glucarate: Calcium D-Glucarate Powder, Calcium D-Glucarate Capsules Or Tablets
2) By Pure Glucaric Acid: Pharmaceutical Grade Pure Glucaric Acid, Industrial Grade Pure Glucaric Acid
3) By D-Glucaric Acid-1,4-Lactone: Food Grade D-Glucaric Acid-1,4-Lactone, Pharmaceutical Grade D-Glucaric Acid-1,4-Lactone
4) By Potassium Sodium D-Glucarate: Potassium Sodium D-Glucarate Powder, Potassium Sodium D-Glucarate Tablets
5) By Other Types: Liquid D-Glucaric Acid, Other Specialized Forms
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Which regions are key players in the growth of the glucaric acid market?
North America was the largest region in the glucaric acid market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glucaric acid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the glucaric acid industry growth?
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
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What Is Covered In The Glucaric Acid Global Market Report?
•Market Size Forecast: Examine the glucaric acid market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the glucaric acid market for a structured understanding.
•Key Players Overview: Analyze major players in the glucaric acid market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the glucaric acid market.
•Segment Contributions: Evaluate how different segments drive overall growth in the glucaric acid market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the glucaric acid market.
•Industry Challenges: Identify potential risks and obstacles affecting the glucaric acid market.
•Competitive Landscape: Review strategic developments in the glucaric acid market, including expansions, agreements, and new product launches.
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