Glucaric Acid Market Size 2023: Analysis by Key Players till 2028

Newest Research on “Glucaric Acid Market” – Forecast by Top Regions 2023-2028

Glucaric acid, is a chemical compound with the formula C6H10O8. It is derived by oxidizing a sugar such as glucose with nitric acid.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Glucaric Acid estimated at USD 622.6 million in the year 2022, is projected to reach a revised size of USD 993.4 million by 2028, growing at a CAGR of 8.1% during the forecast period 2022-2028.
Chemicals employed in the building & construction industry such as phosphates are likely to be substituted by glucaric acid owing to its naturally occurring and renewable nature. Issues regarding the usage of phosphates owing to their toxic nature is the primary driver of the glucaric acid market. Glucaric acid was one of the widely used chemicals in the U.S. in 2016. It is anticipated to offer ample growth opportunities during the forecast period. Implementation of stringent government regulations regarding the usage of harmful chemicals to curtail environmental damage is the factor driving the glucaric acid market in the U.S. The country is one of the major producers of glucose, which is primarily the reason for the presence of key glucaric acid manufacturing companies. According to a survey by the U.S. Department of Energy, glucaric acid has been identified as the top chemical made from renewable sources.

Major Product Types of Glucaric Acid covered are:

  • D-Glucaric Acid-1,4-Lactone
  • Calcium D-Glucarate
  • Pure Glucaric Acid

    Major Applications of Glucaric Acid covered are:

  • Corrosion Inhibitors
  • Food Ingredients
  • Detergents

    key players operating in the Glucaric Acid market

  • Kalion
  • Aadhunik Industries
  • AK Scientific
  • Alfa Chemistry
  • Cayman Chemical

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