Glyoxal Market to Develop Rapidly by 2025gas. Glyoxal, also known as dialdehyde, is derived from ethylene glycol. The structure of glyoxal is as complex as the molecules of compound hydrates and oligomerizes.
Read Report Overview @
Based upon product type, the glyoxal market can be segmented into pharmaceutical grade and industrial grade. Pharmaceutical grade glyoxal is primarily used as a precursor in the manufacture of a large number of chemical products. Industrial grade glyoxal is used in textile, leather, oil & gas, cosmetics, and other industries as a raw material. Demand for industrial grade glyoxal is higher. It is expected to increase at a faster pace during the forecast period. Rise in demand of glyoxalin various industries such as cosmetics and personal care is projected to boost the glyoxal market. Increase in disposable income and growth in healthier lifestyle of people are anticipated to propel the demand for glyoxal across the globe.
Based on application, the glyoxal market can be segmented into textiles, leather, oil & gas, cosmetics, paper & packaging, and others. The oil & gas segment is anticipated to account for major share of the glyoxal market in terms of demand. Glyoxal acts as a cross-linker and increases the viscosity of the fracturing fluid to release oil. As a result, it is primarily used for oil recovery. Rise in demand for oil & gas across the globe is anticipated to boost the demand for glyoxal. Increase in oil refining activities in North America is estimated to positively influence the oil & gas segment. Demand for glyoxal is moderate in the paper packaging industry due to its moisture retention property. Demand for packaged foods has been rising, as they are portion-controlled, time-saving, and available in suitable packaging with freeze or defrost stability. Increase in technological developments in the packaging industry is expected to widen the range of suitability of food products that include frozen, chilled, shelf-stable, microwavable, and prepared mixes. Other industries such as cosmetics, leather, textiles, and personal care are projected to expand at a steady rate during the forecast period which is likely to increase in demand for glyoxal market.
Asia Pacific accounted for the major share of the glyoxal market across the globe. Rise in demand for textile and leather products is projected to boost the market for glyoxal in Asia Pacific in the near future. Demand for glyoxal is increasing in cosmetics and personal care industries. This is predicted to boost the market in the region. North America and Europe also held key shares of the market in 2016. Increase in oil & gas exploration activities and strong demand from the packaged food industry in North America and Europe are likely to drive the demand for glyoxal in these regions. Middle East & Africa and Latin America constituted lower shares of the market in 2016; however, their shares are anticipated to rise significantly in the near future.
Request to view Sample Report:
Key manufacturers operating in the global glyoxal market include BASF SE, Celanese Corp., Eastman Chemical Company, Jubliant Life Sciences Ltd., The Dow Chemical Company, Zhonglan Industry Co. Ltd. and Amazole India Pvt. Ltd.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Glyoxal Market to Develop Rapidly by 2025 here
News-ID: 980481 • Views: 149
More Releases from Transparency Market Research Reports
Acrolein Market Outlook, Competitive Landscape And Forecasts To 2024
Acrolein, also known as 2-propenal is the simplest unsaturated aldehyde. It’s a colourless liquid and exhibits a disagreeable acrid smell.. Acrolein is manufactured from petrochemical feedstocks such as propylene and glycerine. Acrolein is primarily used as an important intermediate and a specialty chemical. Acrolein is rapidly gaining importance due to its versatile use in plastic and paint industries. One of the most widely used industrial methods of preparing acrolein involves
Polycyclohexylenedimethylene Terephthalate (PCT) Market Set For Rapid Growth And …
Polycyclohexylenedimethylene terephthalate (PCT) is typically a thermoplastic polyester produced from the polycondensation of cyclohexylene-dimethanol and terephthalic acid. The chemical structure of polycyclohexylenedimethylene terephthalate (PCT) is quite similar to that of polyethylene terephthalate (PET). Moreover, the properties of polycyclohexylenedimethylene terephthalate (PCT) such as dimensional stability and chemical resistance are same as that of polyethylene terephthalate (PET). Furthermore, PCT is principally resistant to hydrolysis and high temperatures. Owing to all such properties,
Sulfur Chemicals Market Outlook, Competitive Landscape And Forecasts To 2024
Global Sulfur Chemicals Market: Overview The growing demand for sulfur chemicals in various end use industries such as the food, wine, pharmaceuticals, oil and gas, agriculture, detergents, and bio chemical processes is aiding the expansion of the global sulfur chemicals market. Sulfur chemicals are also vital ingredients in fertilizers. They are used in the vulcanization of black rubber, for plaster production in the construction industry, and for the treatment of
Urethane Adhesives Market To Receive Overwhelming Hike In Revenues By 2024
Global Urethane Adhesives Market: Brief Description Urethane adhesives are referred to as materials which are moisture curing and have a single cure and component when they are unprotected in the presence of moisture either in substrate or in the atmosphere. During the process of the cure, a little amount of carbon dioxide is given out in the atmosphere which further has no effect on the bonding process. Urethane adhesives are elastic
More Releases for Demand
Demand for Transfer Molded Fiber Trays to Witness Prominent Demand
The intensifying need for eco-friendly packaging and protection materials world over has led to the rising preference of molded fiber or molded pulp packaging over other packaging types. The vast popularity of molded fiber trays in the packaging of various consumer durables and food & beverages is motivated by several benefits such as robust product presentation, efficient protection, and enhanced shelf-life. Molded fiber trays are also gaining wide adoption as