The data, information, statistics, facts and figures covered in the superior Glucaric Acid Market report lends a hand to Glucaric Acid Market industry in maximizing or minimizing the production of goods depending on the conditions of demand. Unsurpassed and well-established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis have been used in the whole report for the purpose of forecasting, analysis and estimations. The estimations of CAGR values are quite significant which aids businesses to decide upon the investment value over the time period. Thus, the transparent, consistent and extensive market information of Glucaric Acid Market business report will definitely develop the business and perks up return on investment (ROI).
The market research data included in the large scale Glucaric Acid Market research report is analysed and forecasted using market statistical and coherent models. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Glucaric Acid Market is a proficient and comprehensive report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis. A lot of hard work has been put together and no stone is left unturned while generating this market research report.
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Data Bridge Market Research analyses that the glucaric acid market was valued at USD 529.38 million in 2021 and is expected to reach USD 1090.17 million by 2029, registering a CAGR of 9.45% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Glucaric acid is also known as saccharin acid. This chemical compound is derived from a chemical reaction between sugar oxidation and nitric acid. The chemical formula of glucaric acid is C6H10O8. Glucaric acid has been recognized by the US Department of Energy which is one of the major building blocks chemicals. This acid is biodegradable chemical which is eco-friendly in nature.
Some of the major players operating in the glucaric acid market are:
- Merck KGaA (Germany)
- BASF SE (Germany)
- TCI Chemicals (India)
- Kalion Inc. (U.S.)
- Alfa Aesar (U.S.)
- Biosynth Carbosynth (Switzerland)
- Cayman Chemicals (U.S.)
- Jungbunzlauer Suisse AG, Basel (Switzerland)
- Occidental Petroleum Corporation (U.S.)
- PMP Inc (U.S.)
- R-Biopharm (Germany)
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Global Glucaric Acid Market Scope:
The glucaric acid market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Pure Glucaric Acid
- Calcium D-Glycerate
- Potassium Sodium D-glycerate
- D-glucaric acid
- 1-4-lactone
- Others
Application
- Food Ingredients
- Detergents
- Corrosion Inhibitors
- De-icing applications
- Others
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