Glyoxal Market 2019 Growth, Business Analysis and Opportunities Till 2023 - PowerPoint PPT Presentation

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Glyoxal Market 2019 Growth, Business Analysis and Opportunities Till 2023


Global Glyoxal Market by Application (Paper, Cross-Linking Polymer, Sulfur Scavenger, Wood Hardening and Others), by End Use (Oil & Gas, Paper Packaging, Leather, Textiles, Cosmetics, Furniture and Others) and by Region Forecast till 2023 – PowerPoint PPT presentation

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Title: Glyoxal Market 2019 Growth, Business Analysis and Opportunities Till 2023

Glyoxal Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
Glyoxal Market Research Report- Forecast to 2023
Glyoxal Market - Overview
Glyoxal is known for its cross linking
abilities. Additionally, this application
includes usage as a cross-linking agent linked
with cellulose in order to avoid cellulosic
swelling. The other characteristic of this
compound is owing to its low moisture retention.
With these reasons, Glyoxal is used in various
industries including oil gas, paper packaging,
leather, textiles, cosmetics, furniture. Some
of the prominent factors that increase the growth
of Glyoxal Market are rapid industrialization,
rising middle class population and their
spending, and construction industry. Rapid
urbanization and increasing construction
activities in order to house the expanding
population are predicted to increase the market
for Glyoxal in the forecast period. Moreover,
rising middle class population and their spending
to enhance their standards of living is likely to
propel the market in the forecast period.
Glyoxal Market Research Report- Forecast to 2023
Segmental Analysis
The Global Glyoxal Market is segmented on the
basis of Application, End Use Industry and
Region. Based on the Application, the market is
segmented into paper, cross-linking polymer,
sulfur scavenger, wood hardening, and others.
Based on the End Use Industry, the market is
segmented into oil gas, paper packaging,
leather, textiles, cosmetics, furniture. Among
the end use segment, oil gas industry has share
in the Global Glyoxal Market in the forecast
period owing to their efficient solution for
sulfur scavenging applications. The growth in the
Glyoxal Market can attributed to wide utilization
of cross linking polymer characteristic which is
a major application in textiles, furniture and
paper packaging industry. In textile industry,
cross linking characteristic leads to obtain
wrinkle free textile material whereas in paper
packaging it is used for its low moisture
retention characteristic. This moisture retention
characteristic is also used for wood hardening.
This cross linking characteristic is the major
driver in the Glyoxal Market for the forecast
period. Additionally, the cross linking
characteristic is utilized in cosmetics to better
the viscosity of the emulsions and in leather
industry it is used to protect the leather
quality. View Full Report Description with TOC

Glyoxal Market Research Report- Forecast to 2023
Regional Outlook
The global market is segmented into Asia
Pacific, North America, Europe Latin America, and
the Middle East Africa. Among these regions,
Asia Pacific is the largest market accounted for
Glyoxal production. Rapid growth in the usage of
cross-linking polymers in the textile industry is
anticipated to drive the market
growth. Increasing oil consumption in North
America has consequently opened up the market and
it is anticipated to increase in the forecast
peiod for secondary petroleum products such as
Glyoxal where this compound is used as a sulfur
scavenging agent in the oil gas industry. After
the recent shale gas recovery, the import of raw
materials is likely to reduce over the forecast
period. In the Middle East region, nations like
the U.A.E, and Saudi Arabia has situated
themselves as a travel and tourism industry
focus. Also, there are new proposed developments
extends in the forecast period. It is foreseen
that as there is developing interest for Glyoxal
in this area, setting up new capacities in the
forecast period will guarantee development of
Glyoxal Market in this region. After the 2009
recession crisis, Latin American countries are
picking up the market trend slowly. As a
consequence of the crisis, domestic prices
continue to rise in this region. People will be
looking for economic stability and also consumer
spending is least expected in the forecast period.
Glyoxal Market Research Report- Forecast to 2023
Major Players in this Research
  • Glyoxal Market Prominent Players
  • BASF SE (Germany)
  • Silver Fern Chemical Inc. (The U.S.)
  • Eastman Chemical Company (The U.S.)
  • The Dow Chemical Company (The U.S.)
  • Huntsman Corporation (The U.S.)
  • Formosa Plastics Corporation (Taiwan)
  • Royal Dutch Shell plc (The Netherlands)
  • Amzole India Private Limited (India)
  • Hubei Hongyuan Pharmaceutical Technology Co., Ltd
  • Zhonglan Industry Co., Ltd (China)

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