Press release
Glucaric Acid Market: Major Trends Reshaping the Future of the Industry
Glucaric Acid Market
What Will the Glucaric Acid Industry Market Size Be by 2025?
The market size for glucaric acid has seen robust growth in the past few years. It is predicted to increase from $1.06 billion in 2024 to $1.16 billion in 2025, marking a compound annual growth rate (CAGR) of 9.3%. The growth during the historic period is due to factors like increased demand in the pharmaceutical industry, use as a food additive, heightened environmental consciousness, government regulations, R&D advancements, the need for sustainable chemicals, applications in industrial cleaning, and the demand for personal care products.
What's the Long-Term Growth Forecast for the Glucaric Acid Market Size Through 2029?
It is projected that the glucaric acid market will experience substantial growth in the coming years, ballooning to $1.63 billion by 2029 with a compound annual growth rate (CAGR) of 8.9%. The rise in the projection period is due to an emphasis on green chemistry, the incorporation of bio-based polymers, expansion of capacity, agricultural and textile diversification, and a heightened use of environment-friendly packaging solutions. The forecast period will likely witness trends such as the use of glucaric acid in green packaging, exploration of bio-based materials, sustainable polymer integration, applications in renewable energy, biotechnological modes of production, eco-friendly building materials, and teamwork towards innovation.
View the full report here:
https://www.thebusinessresearchcompany.com/report/glucaric-acid-global-market-report
What Are the Key Growth Drivers Fueling the Glucaric Acid Market Expansion?
The advancement of the glucaric acid market is projected to be driven by the growing consumer demand for sustainable and bio-based chemicals. These types of chemicals are derived from renewable resources and manufactured through practices that have a minimal effect on the environment, advocate sustainability, and reduce the dependence on fossil fuels. The prompt for utilizing these eco-friendly and bio-based chemicals comes from increasing environmental apprehensions and regulatory pressures to lower carbon emissions and pollution. Glucaric acid fulfils these needs by serving as a biodegradable substitute in various applications like detergents, corrosion inhibitors, and food additives. For example, the International Energy Agency, a government agency based in France, reported in December 2022 that the demand for vegetable oil, waste, and residue oils and fats surged by 56% to 79 million metric tons in the 2022-2027 period. Furthermore, it's projected that by 2027, 13% of biofuel production, an increase from 9% in 2021, is expected to make use of wastes and residues. Therefore, the growing demand for sustainable and bio-based chemicals is anticipated to contribute to the expansion of the glucaric acid market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16068&type=smp
What Are the Key Trends Driving Glucaric Acid Market Growth?
Leading companies in the glucaric acid market are concentrating on strategic investments to boost their production scalability and efficiency. Such investments are specific financial commitments aimed at achieving long-term objectives like improving operational abilities, escalating market footprint, or fostering innovations in certain business sectors. For example, Solugen, a biomanufacturing company from the US, revealed in June 2024 that it would be receiving a $214 million loan from the US Department of Energy for the purpose of funding a biobased chemical plant in Minnesota. The facility will harness enzymatic and chemical methods to yield glucaric acid, gluconic acid, and hydrogen peroxide, which are extensively used in sectors like concrete, cleaning, agriculture, and oil. This is seen as a step towards greener and more efficient production methods.
How Is the Glucaric Acid Market Segmented?
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
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16068&type=smp
Which Companies Are Leading the Charge in Glucaric Acid Market Innovation?
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
Which Regions Are Leading the Global Glucaric Acid Market in Revenue?
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.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16068
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: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 Glucaric Acid Market: Major Trends Reshaping the Future of the Industry here
News-ID: 4134505 • 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: 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…
