Glyoxylic Acid Market - Forecast(2022 - 2027) - PowerPoint PPT Presentation

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Glyoxylic Acid Market - Forecast(2022 - 2027)

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Glyoxylic acid market size is forecast to reach around $1.20 billion by 2025, after growing at a CAGR of 6% during 2020-2025. Glyoxylic acid is a highly reactive organic compound containing both aldehyde and carboxylic acid functional groups. Wide applications of glyoxylic acids in various end use industries like pharmaceuticals, food, personal care, and cosmetics is augmenting Glyoxylic acid market share. – PowerPoint PPT presentation

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Title: Glyoxylic Acid Market - Forecast(2022 - 2027)


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Glyoxylic Acid Market - Forecast(2022 - 2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Glyoxylic acid market size is forecast to reach
    around 1.20 billion by 2025, after growing at a
    CAGR of 6 during 2020-2025.
  • Glyoxylic acid is a highly reactive organic
    compound containing both aldehyde and carboxylic
    acid functional groups. Wide applications of
    glyoxylic acids in various end use industries
    like pharmaceuticals, food, personal care, and
    cosmetics is augmenting Glyoxylic acid market
    share.
  • Surging demand of glyoxylic acid from
    agrochemical industry to produce pesticides is
    also boosting the growth of market. Moreover,
    rising environmental concerns and harmful effect
    of glyoxylic acid on human is restraining the
    growth of Glyoxylic acid market size.

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  • Key Takeaways from this Report
  • China has shown major growth in the glyoxylic
    acid market due to the availability of skilled
    labor, and large demand of glyoxylic acid from
    food beverages, agrochemicals, and
    pharmaceuticals industry.
  • Properties such has solubility in water
    alcohol, high reactivity and insolubility in
    organic solvents increases its use in various
    products and acts as a driving factor for the
    growth of market.
  • Disruption of supply chain and shortage of
    employees in manufacturing industries due to the
    coronavirus has affected the growth of glyoxylic
    acid market.

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By Distribution Channel- Segment
Analysis Personal care and cosmetics segment
followed by aroma segment held the largest share
of more than 25 of glyoxylic acids market in
2019. Glyoxylic acids are the key raw material
for different aromas such as vanillin, ethyl
vanillin and heliotropin. They are also used as
an intermediate for synthesis of pharmaceuticals
products like D, L-p-hydroxyphenylglycine D,
L-p-hydroxyphenylhydantoin, orotic aid, sulindac
and mandelic acid which further boosts the growth
of glyoxylic acid market.
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  • Glyoxylic Acid Market Industry Outlook
  • Akema, Weylchem
  • Hubei Hongyuan
  • Zhonglan Industry
  • Zhonghua Chemical
  • Yuandong Chem
  • Hubei Shunhui Bio-Technology
  • Guangdong Hongyuan New Material
  • Yongfei Chem
  • Shijiazhuang Haosheng Chemical

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Glyoxylic Acid Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Glyoxylic-Ac
id-Market-Research-502889
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id502889

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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