Global Glucaric Acid Market to Reach US$ 1,836.8 Million by 2032, Propelled by Increasing Environmental Consciousness

November 28, 2022 | Chemical & Materials

IMARC Group’s latest report, titled “Glucaric Acid Market Report by Product (Pure Glucaric Acid, Calcium D-glucarate, Potassium Sodium D-glucarate, D-glucaric Acid-1,4-lactone, and Others), Application (Food Ingredients, Detergents, Corrosion Inhibitors, De-icing Applications, and Others), and Region 2024-2032,” finds that the global glucaric acid market size reached US$ 1,028.1 Million in 2023. Glucaric acid, also known as polyhydroxy dicarboxylic acid, is an aldaric acid that occurs naturally and is derived by oxidizing polysaccharides, or glucose, with nitric acid. It is biodegradable and commonly used to produce bio-based chemicals and other derivatives. It can also be extracted from numerous fruits and vegetables, including apples, grapes, cabbage, broccoli, tomatoes, and bean sprouts. Its consumption reduces the risks of developing cancer by preventing the body from producing beta-glucuronidase. It is widely used in commercial detergents as a chelating agent. As a result, glucaric acid finds extensive applications in the manufacturing of pharmaceuticals, dietary supplements, food and beverages, de-icing agents, corrosion inhibitors, and liquid detergents across the globe. 

Global Glucaric Acid Market Trends:

The increasing environmental consciousness and the rising consumer preferences for sustainable products represent the primary factors driving market growth. Moreover, glucaric acid is a highly effective cleaning agent that absorbs hard water pollutants and prevents them from foaming soap scum. In line with this, the shifting consumer inclination toward liquid detergents for household cleaning, laundry, and dishwashing is positively influencing the market growth. Additionally, the surging adoption of glucaric acid as a substitute for phosphates in detergents is another major growth-inducing factor. Besides this, several key players are using innovative technologies to manufacture glucaric acid from biomass with minimal waste during production and processing. Furthermore, the increasing use of glucaric acid in producing nylon and other polymers is propelling market growth. Apart from this, the rising demand for biodegradable cleaners due to the growing awareness of toxins and non-biodegradable chemicals in phosphate-based cleaning agents has augmented the demand for glucaric acid. Other factors, including the implementation of supportive government policies for environmental protection, inflating consumer disposable incomes, and ongoing product innovations, are also anticipated to create a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 1,836.8 Million by 2032, growing at a CAGR of 6.5% during 2024-2032.

Market Summary:

  • The market has been divided on the basis of the product into pure glucaric acid, calcium D-glucarate, potassium sodium D-glucarate, D-glucaric acid-1,4-lactone, and others. 
  • Based on the application, the market has been segmented into food ingredients, detergents, corrosion inhibitors, de-icing applications, and others. 
  • Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa. 
  • The competitive landscape of the market has also been examined, with some of the key players being AK Scientific Inc., Alfa Chemistry, Carbosynth Ltd, Cayman Chemical Company, CHEMOS GmbH & Co. KG, Kalion Inc., Merck KGaA and The Archer-Daniels-Midland Company.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AK Scientific Inc., Alfa Chemistry, Carbosynth Ltd, Cayman Chemical Company, CHEMOS GmbH & Co. KG, Kalion Inc., Merck KGaA and The Archer-Daniels-Midland Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste 
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Glucaric Acid Market to Reach US$ 1,836.8 Million by 2032, Propelled by Increasing Environmental Consciousness
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More