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Glucaric Acid Market Size, Share, Product Segmentation, Application and Business Report | AK Scientific Inc., Alfa Chemistry, Carbosynth Ltd.

According to the latest report of the IMARC group, entitled “Glucaric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“,the Global glucaric acid market showed moderate growth over the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 7% during the period 2021-2026.

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Important Attribute and Report Highlights:

  • Detailed Global Market Share Analysis
  • Market segmentation by component, deployment, companies and region.
  • Historical, current, and projected size of the Glucaric Acid market in terms of volume and value
  • Latest industry trends and developments
  • Competitive landscape for the market
  • Strategies of key players and product offerings

Industry overview and application:

what is glucaric acid?

Glucaric acid, or polyhydroxy dicarboxylic acid, refers to a natural aldaric acid obtained by oxidizing polysaccharides, or glucose, with nitric acid. It has the chemical formula C6HtenO8 and is typically used in the manufacture of bio-based chemicals and other derivatives. Glucaric acid is biodegradable in nature and can be extracted from several fruits and vegetables, such as apples, grapes, cabbage, broccoli, tomato, and bean sprouts. Its consumption inhibits the production of beta-glucuronidase in the body and minimizes the risk of developing cancer. Glucaric acid is also used as a chelating agent in commercial detergents. Therefore, it is widely used in the manufacture of dietary supplements, pharmaceuticals, corrosion inhibitors, de-icing agents and liquid detergents.

What are the key factors driving the Global Glucaric Acid Market?

Growing environmental awareness among the masses and growing preference for sustainable products are among the key factors increasing the glucaric acid market. In addition, the widespread adoption of products as replacements for phosphates in detergents is also strengthening the global market. In this light, growing consumer preference for liquid detergents for household cleaning, laundry and dishwashing is catalyzing the growth of the market. In addition to this, the increasing use of glucaric acid in the manufacture of nylon and other polymers acts as another important growth factor. Apart from this, manufacturers are using innovative technologies to produce the acid from biomass and generate minimum waste during production and processing, which is expected to influence the glucaric acid market positively during of the forecast period.

Who are the key players in the Glucaric Acid market?

  • AK Scientific Inc.
  • Alpha Chemistry
  • Carbosynth Ltd
  • Cayman Chemical Company
  • CHEMOS GmbH & Co. KG
  • Kalion Inc.
  • Merck KGaA
  • The Archer-Daniels-Midland Company

Market segmentation :

The report has segmented the global glucaric acid market on the basis of product, application, and region.

Breakdown by product:

  • Pure glucaric acid
  • Calcium D-glucarate
  • Potassium and sodium D-glucarate
  • D-glucaric acid-1,4-lactone
  • Others

Breakdown by application:

  • food ingredients
  • Detergents
  • Corrosion inhibitors
  • De-icing applications
  • Others

Breakdown by region:

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

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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