Press release
Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth: An Emerging Driver Transforming The Glucaric Acid Market Landscape
Glucaric Acid Market Size
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, with a compound annual growth rate (CAGR) of 9.3%. Contributing factors include the pharmaceutical demand, greater adoption of food additives, rising environmental awareness, government regulations, innovation in research and development, increasing demand for sustainable chemicals, industrial cleaning applications, and demand for personal care products.
The glucaric acid market is expected to experience solid growth, reaching $1.63 billion by 2029 at a CAGR of 8.9%. This growth is attributed to the increasing emphasis on green chemistry, the integration of bio-based polymers, capacity expansions, diversification into agriculture and textiles, and the growing adoption of green packaging solutions. Major trends include the use of glucaric acid in green packaging, exploration of bio-based materials, sustainable polymer integration, renewable energy applications, and eco-friendly construction materials.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16068
What Are the Different Glucaric Acid Market Segments?
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, Healare, 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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16068&type=smp
What Are the Primary Drivers Shaping the Glucaric Acid Market?
Rising demand for eco-friendly and bio-based chemicals is projected to drive growth in the glucaric acid market. These chemicals, derived from renewable resources, are gaining popularity due to increasing environmental awareness and regulatory pressures aimed at lowering carbon emissions and pollution. Glucaric acid, a biodegradable compound, is used in sustainable applications such as detergents, corrosion inhibitors, and food additives. For example, the International Energy Agency reported in December 2022 that demand for bio-based oils and fats rose by 56%, reaching 79 million metric tons between 2022 and 2027, with waste and residues expected to account for 13% of biofuel production in 2027-up from 9% in 2021. This growing preference for sustainable chemicals is fueling demand for glucaric acid.
Which Companies Are Leading in the Glucaric Acid Market?
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
What Trends Are Driving Growth in The Glucaric Acid Market?
Leading businesses in the glucaric acid market are emphasizing strategic investments to improve production scalability and efficiency. These strategic investments are targeted fiscal commitments meant to realize long-term objectives like enhancing operational abilities, broadening market reach, or propelling innovation in distinct business areas. For example, in June 2024, Solugen, a biomanufacturing company based in the US, declared that it would acquire a $214 million loan from the US Department of Energy for the establishment of a biobased chemical plant in Minnesota. This plant is set to employ enzymatic and chemical techniques to generate glucaric acid, gluconic acid, and hydrogen peroxide for various sectors such as concrete, cleaning, agriculture, and oil. This will pave the way for more environment-friendly and efficient production procedures.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/glucaric-acid-global-market-report
What Are the Top Revenue-Generating Geographies in 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Glucaric Acid Market?
2. What is the CAGR expected in the Glucaric Acid Market?
3. What Are the Key Innovations Transforming the Glucaric Acid Industry?
4. Which Region Is Leading the Glucaric Acid Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Eco-Friendly Chemical Demand Boosts Glucaric Acid Market Growth: An Emerging Driver Transforming The Glucaric Acid Market Landscape here
News-ID: 4039235 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Glucaric
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…
Global Glucaric Acid Competition Analysis 2019
In its recently published report, QY Research has provided unique insights about global Glucaric Acid market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global Glucaric Acid market.
Request Sample Report and Full…
