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Jun 30, 2019 4:25 AM ET

Glucaric Acid Market 2019 Global Industry Size, Future Trends, Growth Key Factors, Demand, Business Share, Sales & Income, Manufacture Players, Application, Scope, and Opportunities Analysis by Outlook – 2023


iCrowd Newswire - Jun 30, 2019

GlobalGlucaric Acid Market 2019Industry Research Report is a professional and in-depth study on the current Market state of the Global Glucaric Acid industry withCAGRstatus7.1% 2019-2023. This report studies the Glucaric Acid market size by players, regions, product types and end industries, and forecast data 2019-2023; Report also includes the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

Get Sample Copy of this [email protected]https://www.360researchreports.com/enquiry/request-sample/13104615

For competitor segment, the Glucaric Acid Market report includes global key players of fixed anode Glucaric Acid as well as some small players.

Major Players:

Description of Glucaric Acid Market:

Glucaric Acid Market InsightsGlucaric acid, which is formed by oxidizing glucose, has been recognized by US Department of Energy as one of the most important building blocks chemicals that can be converted into a number of high value, bio based chemicals. This factor is expected to propel the growth of global glucaric acid market over the forecast period (2019-2023).The companies involved in the production of glucaric acid are applying proven science to renewable resources, are creating an abundant and far more economical supply of glucarate and its derivatives. Glucaric acid finds potential applications in food, pharmaceuticals and polymer industries which has resulted in a robust growth in the glucaric acid market over the forecast period (2019-2023).The global glucaric acid market is expected to grow with a value CAGR of 7.1% over the forecast period (2019-2023).Increasing Usage as Phosphate Replacer in Detergents to Drive Glucaric Acid Market GrowthA large market opportunity has presented itself with the increase in governmental taxes on phosphates in detergents in Europe and more regulations are expected to in the future to fully eradicate the use of phosphates in detergents.Glucaric acid is being used widely by many major manufacturers as a replacement for phosphates with a great promise in terms of cost, versatility and sustainability. Glucaric acid is produced from renewable energy resources, has a favorable environmental profile, and has a potential for wide spread applications across many markets including the detergent industry. Many companies involved in the manufacturing of gulcaric acid like Rivertop has begun to produce glucarate based products designed as detergent builders.Glucaric acid’s most significant commercial value is the use of its sodium salt in dishwasher detergents. This acid acts as a chelating agent that ties up the hard water calcium and magnesium ions to make the detergents more efficient. Sodium glucarate has recently replaced environmentally problematic phosphates in most detergents.Detergent the Fastest Growing Segment in Glucaric Acid MarketDetergents likely will be the first major application of glucaric acid as a replacement for phosphates. The target market will be automatic dishwasher detergents for consumers a multimillion dollar industry. Glucaric acid is the ideal cleansing agent. It serves as a builder that captures magnesium and calcium found in hard water and then prevents them from foaming soap scum. Since phosphates are now banned from dishwasher detergents and glucaric acid is being prominently used as a substitute in the industry. This is expected to boost the growth of glucaric acid market over the forecast period (2019-2023). The use of glucaric acid is increasing in laundry and household cleaning. Glucaric acid is also regarded as ecofriendly as the raw materials used in the production of this product are renewable.Asia-Pacific to Register Significant Growth in Glucaric Acid MarketAsia-Pacific accounted for a major share of glucaric acid market in 2017 due to the easy availability of raw materials and cheap labor in comparison to North America and Europe. Thus, major players including Rennovia and Rivertop have established manufacturing facilities in emerging economies of Asia-Pacific such as India, China, and Taiwan.North America accounted for significant share of market share as the United States was the pioneer in introduction of the acid. Glucaric acid is a renewable product. Hence, its usage is supported by governing bodies such Environmental Protection Agency (EPA). This is augmenting the demand for glucaric acid in the global market over the forecast period (2019-2023).Glucaric Acid Market Key DevelopmentsMarch 2017 US food processing company Archer Daniels Midland (ADM) has signed an agreement to license bio-based glucaric acid technology from the UK’s Johnson Matthey and US bio-based chemicals company Rennovia.Glucaric Acid Market Competitive LandscapeRennovia IncRivertop Renewables, IncKalion IncHaihang Industry Co., LtdAK Scientific Inc.Alfa ChemistryCarbosynth LimitedMerck KGaACayman ChemicalInquire more or share questions if any before the purchase on this report @https://www.360researchreports.com/enquiry/pre-order-enquiry/13104615

Global Fixed anode Glucaric Acid Market Report 2019 – Market Size, Share, Price, Trend, and Forecast is a professional and in-depth study on the current state of the global fixed anode Glucaric Acid industry. The key insights of the report:

  • The report provides key statistics on the market status of the fixed anode Glucaric Acid manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
  • The Glucaric Acid Market report provides a basic overview of the industry including its definition, applications and manufacturing technology.
  • The report presents the company profile, product specifications, capacity, production value, and 2013-2019 Glucaric Acid market shares for key vendors.
  • The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
  • The Glucaric Acid Market report estimates 2019-2023 market development trends of fixed anode Glucaric Acid industry.
  • Analysis of upstream raw materials, downstream demand and current market dynamics is carried out.
  • The Glucaric Acid Market report makes some important proposals for a new project of fixed anode Glucaric Acid Industry before evaluating its feasibility.
  • Reasons to Purchase the Glucaric Acid Market ReportAnalyzing the outlook of the market with the recent trends and Porter’s five forces analysisMarket dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspectsCountry-level analysis integrating the demand and supply forces that are influencing the growth of the marketCompetitive landscape involving the market share of major players along with the key strategies adopted for development in the past five yearsComprehensive company profiles covering the product offerings, key financial information

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    Major Points from Table of Contents for Glucaric Acid Market 2019:

    Part 1 Industry Overview1.1 Glucaric Acid Industry1.1.1 Glucaric Acid Market Development1.1.2 Terminology Definition in the Report1.1.2.1 Production1.1.2.2 Glucaric Acid Industry Demand1.1.2.3 Glucaric Acid Market Sales Revenue1.1.2.4 Ex-factory Price and Sales Price1.1.2.5 Cost1.1.2.6 Glucaric Acid Market Gross Margin1.2 Glucaric Acid Market Products and Services Scope1.3 Industry Chain1.4 Industry Dynamics and Regulations1.5 Global Market Overview

    Part 2 Upstream and Production2.1 Raw Materials / Components2.2 Procurement Methods and Channels2.3 Glucaric Acid Market Cost Structure and Manufacturing2.4 Industry Capacity2.5 Glucaric Acid Market Production Distribution by Geography2.5.1 Production in Major Regions / Countries2.5.2 Trade Flow Overview

    Part 3 Product Segment3.1 Introduction by Type3.2 Glucaric Acid Market Status

    Part 4 Application / End-User Segment

    4.1 Introduction by Application4.1.1 Pharmaceuticals4.1.2 Additives4.1.3 Scientific Research4.2 Market Status

    Part 5 Regional Market

    Part 6 Glucaric Acid Market Subdivision

    6.1 Regional Production6.1.1 Production by Type

    6.2 Regional Demand

    6.2.1 Demand by Type

    6.2.2 Demand by Application

    6.2.3 Additives Demand by Region6.2.4 Scientific Research Demand by Region

    Part 7 Glucaric Acid Market Forecast7.1 Global Forecast7.2 Forecast by Type7.3 Forecast by Application7.4 Forecast by Region

    Continued…

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