Global Glucaric Acid Market 2017-2021

Overview of the global glucaric acid market

D-glucaric acid-1,4-lactone is a derivative of the glucaric acid and is extensively used in the treatment of different types of cancer such as prostate and breast cancer. Research analysis on the global glucaric acid market identifies that the growing demand for derivatives of D-glucaric acid in cancer treatment will be one of the major factors that will have a positive impact on the market's growth in the coming years. D-glucaric acid D eliminates and detoxifies certain metabolic waste products. Glucaric acid is present in grapefruits, oranges, apples, broccoli, cauliflower, and cabbage in high concentration. The consumption of fruits and vegetables reduces the risk of cancer by inhibiting the enzyme called beta-glucuronidase. The demand for glucaric acid is increasing due to the rising population in China and India and the increasing number of people with breast and lung cancer. Technavio's market research analysts predict that this market will grow at a CAGR of close to 11% by 2021.

The abundant availability of sugar in major countries such as India, China, and Pakistan facilitates the production of glucaric acid in APAC. The climatic conditions in the region also support the growth of sugarcane. This will boost the production of sugar and glucaric acid in these countries. Furthermore, the high prevalence of cancer in China and India is also driving the need for derivatives of glucaric acid such as calcium D-glucarate that inhibits cancer-causing carcinogens.

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Competitive landscape and key vendors

The glucaric acid market is moderately concentrated and has many key vendors. A large number of manufacturers are heavily investing in research and developmental activities to develop better products. The level of competition among the existing and new entrants will intensify in the coming years.

Key vendors in this market are -

• HAIHANG INDUSTRY
• Kalion
• RENNOVIA
• Rivertop Renewables

Other prominent vendors in the market include Aadhunik Industries, AK Scientific, Alfa Chemistry, Anmol Chemicals, Carbosynth, Cayman Chemical, and Merck.

Segmentation by product and analysis of the glucaric acid market

• D-glucaric acid-1,4-lactone
• Calcium D-glucarate
• Pure glucaric acid

The oxidation of sugar such as glucose with nitric acid forms pure glucaric acid. Glucaric acid is also known as saccharic acid or D-glucaric acid. It exhibits high efficacy in eliminating and detoxifying metabolic wastes. The pure glucaric acid segment is witnessing considerable growth due to utilization for manufacturing detergents. Liquid detergent manufacturers extensively prefer pure glucaric acid because it is an organic acid made from renewable resources and is completely biodegradable.

Segmentation by applications and analysis of the glucaric acid market

• Corrosion inhibitors
• Food ingredients
• Detergents

The demand for glucaric acid is increasing for the manufacture of detergents since it is biodegradable. The sodium salt of the glucaric acid is used to produce glucaric acid detergent. Glucaric acid is a good chelating agent that binds calcium and magnesium ions with hard water. This makes the detergent more effective. The application of glucaric acid will continue to increase in the detergent segment because there is an extensive usage of the derivative of glucaric acid sodium glucarate, in the water treatment industry.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global glucaric acid market?
• What are the key market trends impacting the growth of the global glucaric acid market?
• What are the challenges to market growth?
• Who are the key vendors in the global glucaric acid market?
• What are the market opportunities and threats faced by the vendors in the global glucaric acid market?
• What are the trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
• What are the key outcomes of the five forces analysis of the global glucaric acid market?

Technavio also offers customization on reports based on specific client requirement.

Glucaric acid or saccharic acid is a chemical compound derived from oxidizing glucose with nitric acid. It is abundantly found in several fruits such as apples and grapefruit. This upcoming market research report on the global glucaric acid market offers key insights into the latest trends and emerging drivers influencing the growth of the chemicals and materials industry. Our reports for the chemicals and materials industry follow a meticulous data collection methodology and offer an in-depth analysis of the fast-growing market segments like specialty chemicals.

By considering the market size and forecast, and the demand for various specialty chemicals, the market research professionals at Technavio, offers an all-inclusive overview of the glucaric acid market for the estimated period of 2017 to 2021. Furthermore, our detailed research methodology help clients develop effective growth strategies and keep up-to-speed with the continually changing market landscape. This market study also offers a comprehensive analysis of the glucaric acid market based on the interpretation of the information gathered from specific resources such as channel partners and market stakeholders.

This upcoming market research report on the glucaric acid market also covers vendors like?Rennovia Inc, Rivertop Renewables, Kalion Inc, Chemos, Shanghai Meicheng Chemical, AK Scientific, Alfa Chemistry, Novozymes, TCI Chemicals, and Roquette. Furthermore, to help clients identify potential market opportunities and expand in niche markets, this report on the global glucaric acid market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report for the glucaric acid market also categorizes the key drivers, major trends, as well as the challenges facing the specialty chemicals sector. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the sectors such as plastics, polymers, and elastomers and bio-chemicals and biomaterials.

Our market research methodology for the glucaric acid market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.