Glucaric Acid Market

Global Glucaric Acid Market

  • MC-4660
  • 4.5 Rating
  • 146 Pages
  • 18-05-2022
  • 85 Reviews
  • PDF Excel PPT
Riddhesh

Author :

Riddhesh Dani

Harneet

Fact-checked by :

Harneet Meher

Shruti

Editor :

Shruti Bhat

Glucaric Acid Market Market Outlook

The global glucaric acid market was valued at USD 12.56 Million in 2021 and is projected to reach USD 18.67 Million by 2029, expanding at a CAGR of 5.2% during the forecast period. D-Glucaric acid, also known as saccharic acid, is a compound with the chemical formula C6H10O8, which belongs to the oxidized sugars family of compounds.

It is a naturally occurring aldaric acid that can be found in trace amounts in many fruits and vegetables. It is a highly functionalized molecule with four chiral carbons and several reaction routes. Glucaric acid includes dicarboxylic acid groups at the terminal ends of C-6 sugar and can be used in the manufacture of nylon as an alternative to fossil-derived adipic acid. Its corrosion-inhibiting properties allows its use as an additive in the cement industry.

Glucaric Acid Market Market Outlook

Glucaric acid derivatives are also used in medicinal applications such as diabetic therapy, and anticancer agents. Glucaric acid is found naturally in fruits and vegetables, and it can be synthesized from glucose utilizing a chemical, biological, or electrochemical oxidation method. Rising awareness regarding the presence of toxins and potential threats of non-biodegradable chemicals among consumers raises the demand for glucaric acid.

Scope of Glucaric Acid Market report

Attributes

Details

Report Title

Glucaric Acid Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019 & 2020

Forecast Period

2022–2029

Segmentation

Type (D-glucaric acid-1,4-lactone, Calcium D-Glucarate, Pure Glucaric Acid, and Others), Application (Corrosion Inhibitors, Food Ingredients, Detergents, and Others)

Regional Scope

North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Kalion, Inc, Aadhunik Industries, Alfa Chemistry, Cayman Chemical, Rivertop Renewables, Inc, Biosynth Carbosynth, Otto Chemie Pvt. Ltd, Glentham Life Sciences Limited, Merck KGaA, Global Calcium Pvt Ltd

Market Dynamics

Increase in various application of glucaric acid globally

Growing usage of glucaric acid in polymer synthesis is driving its demand among consumers. The demand for glucaric acid is projected to rise, due to it is easy availability, inexpensive nature, and environmentally sustainable nature. Rising adoption of glucaric acid in various applications, particularly in industries such as pharmaceuticals, food & beverage, corrosion inhibitors, and others is driving the market. It is also used to make concrete mixes and mild fertilizers, as glucaric acid is environmentally sustainable in nature.

Rising trend of natural, green or renewable acids across various industries

Glucaric acid is an organic chemical compound, which is generated by the chemical reaction between nitric acid and oxidized sugar. Glucaric acid is employed in a variety of sectors including agriculture, medicine, chemicals, and food. Glucaric acid produces positive outcomes when used in the treatment of water. High quality of glucaric acid helps in removing calcium, magnesium, and manganese salts, iron deposits, and bio-film deposition from hard water. Glucaric acid is natural and renewable in nature, therefore it is anticipated to replace chemicals used in the building industry.

High cost of mass production of glucaric acid

Gluconic acid synthesis is a straightforward oxidation process that is carried out using electrochemical, biochemical, or bioelectric-chemical approaches. As commercial production is well-established employing fungus and bacteria, but generating glucaric acid in large quantities produces a lot of nitrogen oxide. Nitrogen oxide is harmful to the environment, hence industries must adhere to severe government regulations regarding nitrogen oxide emissions. As a result, commercial production of glucaric acid restrains the growth of the market.

Growing demand for natural phytochemical substances for cancer treatment

Chronic illnesses are rising across the world, and many are seeking treatment and looking for natural and less expensive solutions. Chemo-prevention with natural phytochemical substances is a new technique for preventing, delaying, or curing cancer. Some natural substances, such as calcium d-glucarate, curcumin, and others, have been found and investigated for anticancer action in various cancer cell treatments. These factors are expected to create abundant opportunities in the pharmaceutical industry. This is creating opportunities in the market, particularly in pharmaceutical industries.

Glucaric Acid Market Segmental Outlook

Based on Types, the global Glucaric Acid market is bifurcated into D-glucaric acid-1,4-lactone, Calcium D-Glucarate, Pure Glucaric Acid, and others. The pure glucaric segment is estimated to expand at a significant CAGR during the forecast period, owing to its low price and easily availability as compared to other products.

Glucaric Acid Market Type

By Application, the global glucaric acid market is primarily segmented into corrosion inhibitors, food ingredients, detergents, and others. The detergent segment is estimated to hold a substantial share of the market during the forecast period. Growing demand for biodegradable cleaners and restriction on the use of phosphates is expected fuel the segment.

Glucaric Acid Market Application

Glucaric Acid Market Regional Outlook

Based on Region, the global Glucaric Acid market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). The market in Asia Pacific is anticipated to expand at a significant CAGR during the forecast period, owing to increasing consumption of glucaric acid across various industries such as agriculture, chemical, and material industry.

Expansion of the food & beverage industry in Asia Pacific is propelling the demand for multi-functional food ingredients in this region, thus driving the market. Growing economies and rising spending power of consumers on food & beverage products are anticipated to boost the glucaric acid market in the region during the forecast period.

Glucaric Acid Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Glucaric Acid Market
  • Historical, Current and Projected Market Size in terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Glucaric Acid Market Performance

Segments

Type

  • D-glucaric acid-1,4-lactone
  • Calcium D-Glucarate
  • Pure Glucaric Acid
  • Others

Application

  • Corrosion Inhibitors
  • Food Ingredients
  • Detergents
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Key Players

  • Kalion, Inc
  • Aadhunik Industries
  • Alfa Chemistry
  • Cayman Chemical
  • Rivertop Renewables, Inc
  • Biosynth Carbosynth
  • Otto Chemie Pvt. Ltd
  • Glentham Life Sciences Limited
  • Merck KGaA
  • Global Calcium Pvt Ltd.

Competitive Landscape

  • Top players in the market include Kalion, Inc, Aadhunik Industries, Alfa Chemistry, Cayman Chemical, Rivertop Renewables, Inc, Biosynth Carbosynth, Otto Chemie Pvt. Ltd, Glentham Life Sciences Limited, Merck KGaA, and Global Calcium Pvt Ltd.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the glucaric acid market.

Glucaric Acid Market Key Players

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glucaric Acid Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Glucaric Acid Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Glucaric Acid Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Glucaric Acid Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Glucaric Acid Market Size & Forecast, 2015-2030
      4.5.1 Glucaric Acid Market Size and Y-o-Y Growth
      4.5.2 Glucaric Acid Market Absolute $ Opportunity
Chapter 5 Global Glucaric Acid Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Glucaric Acid Market Size Forecast By Type
      5.2.1 D-glucaric acid-1
      5.2.2 4-lactone
      5.2.3 Calcium D-Glucarate
      5.2.4 Pure Glucaric Acid
      5.2.5 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Glucaric Acid Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Glucaric Acid Market Size Forecast By Application
      6.2.1 Corrosion Inhibitors
      6.2.2 Food Ingredients
      6.2.3 Detergents
      6.2.4 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Glucaric Acid Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Glucaric Acid Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Glucaric Acid Analysis and Forecast
   9.1 Introduction
   9.2 North America Glucaric Acid Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Glucaric Acid Market Size Forecast By Type
      9.6.1 D-glucaric acid-1
      9.6.2 4-lactone
      9.6.3 Calcium D-Glucarate
      9.6.4 Pure Glucaric Acid
      9.6.5 Others
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Glucaric Acid Market Size Forecast By Application
      9.10.1 Corrosion Inhibitors
      9.10.2 Food Ingredients
      9.10.3 Detergents
      9.10.4 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Glucaric Acid Analysis and Forecast
   10.1 Introduction
   10.2 Europe Glucaric Acid Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Glucaric Acid Market Size Forecast By Type
      10.6.1 D-glucaric acid-1
      10.6.2 4-lactone
      10.6.3 Calcium D-Glucarate
      10.6.4 Pure Glucaric Acid
      10.6.5 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Glucaric Acid Market Size Forecast By Application
      10.10.1 Corrosion Inhibitors
      10.10.2 Food Ingredients
      10.10.3 Detergents
      10.10.4 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Glucaric Acid Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Glucaric Acid Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Glucaric Acid Market Size Forecast By Type
      11.6.1 D-glucaric acid-1
      11.6.2 4-lactone
      11.6.3 Calcium D-Glucarate
      11.6.4 Pure Glucaric Acid
      11.6.5 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Glucaric Acid Market Size Forecast By Application
      11.10.1 Corrosion Inhibitors
      11.10.2 Food Ingredients
      11.10.3 Detergents
      11.10.4 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Glucaric Acid Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Glucaric Acid Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Glucaric Acid Market Size Forecast By Type
      12.6.1 D-glucaric acid-1
      12.6.2 4-lactone
      12.6.3 Calcium D-Glucarate
      12.6.4 Pure Glucaric Acid
      12.6.5 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Glucaric Acid Market Size Forecast By Application
      12.10.1 Corrosion Inhibitors
      12.10.2 Food Ingredients
      12.10.3 Detergents
      12.10.4 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Glucaric Acid Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Glucaric Acid Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Glucaric Acid Market Size Forecast By Type
      13.6.1 D-glucaric acid-1
      13.6.2 4-lactone
      13.6.3 Calcium D-Glucarate
      13.6.4 Pure Glucaric Acid
      13.6.5 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Glucaric Acid Market Size Forecast By Application
      13.10.1 Corrosion Inhibitors
      13.10.2 Food Ingredients
      13.10.3 Detergents
      13.10.4 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Glucaric Acid Market: Competitive Dashboard
   14.2 Global Glucaric Acid Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Kalion, Inc
      14.3.2 Aadhunik Industries
      14.3.3 Alfa Chemistry
      14.3.4 Cayman Chemical
      14.3.5 Rivertop Renewables, Inc
      14.3.6 Biosynth Carbosynth
      14.3.7 Otto Chemie Pvt. Ltd
      14.3.8 Glentham Life Sciences Limited
      14.3.9 Merck KGaA
      14.3.10 Global Calcium Pvt Ltd

Purchase Premium Report

FAQ Section

Some frequently asked questions about this report!

Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst

According to this Growth Market Reports report, the Glucaric Acid Market is likely to register a CAGR of 5.2% during the forecast period 2021-2029, with an anticipated valuation of USD 18.67 million by the end of 2029.

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), impact of key regulations, Value has been provided in the report.

Increase in various application of glucaric acid globally, increasing usage of glucaric acid as cleaning agent globally, rising trend of natural, green or renewable acids across various industries, and growing demand for glucaric acid in the food industry are the factors expected to drive the market growth during forecast period.

Corrosion inhibitors, food ingredients, detergents, and others are the major applications of the smart scales.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to slightly decrease in 2019 and 2020 owing to the COVID 19 pandemic is impacted the global glucaric acid market.

The base year considered for the global glucaric acid market report is 2021. The complete analysis period is 2019 to 2029, wherein, 2019, and 2020 are the historic years, and the forecast is provided from 2022 to 2029.

Factors such as fiscal policies, supply chain management, regulatory compliance, and environment are analyzed in the final report.